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20 Apr 2020

Claire Cross comments in GIR on FCA investigation into cum-ex fraud scheme

Partner Claire Cross has been quoted in Global Investigations Review on the FCA’s investigation into financial institutions over alleged cum-ex tax fraud.

“This size of investigation would involve significant resourcing implications and the FCA would not commit those lightly. This is definitely an area that I would expect to see potentially significant and wide-ranging FCA enforcement action taking place, both in respect of institutions and individuals,” Claire stated.

Read the full coverage in GIR.