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Rowan Bosworth-Davies | Has the UK rediscovered its appetite for prosecuting ‘white collar’ crime?

In Blog by Ian Fraser17 Comments

16 March 2012 In the second in a series of guest posts, Rowan Bosworth-Davies, a financial crime consultant and former Scotland Yard detective, provides a historical perspective on the UK authorities’ lack of appetite for prosecuting high level financial crime Edwin Sutherland, the American sociologist and criminologist, is perhaps best known for his …

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Was Mallett thrown to the wolves to save BoE’s skin?

In Blog by Ian Fraser1 Comment

November 12th, 2014 Guest Post by Rowan Bosworth-Davies One of the major unexplained elements in the foreign exchange (forex) rigging case is the level of knowledge of manipulative activity possessed by the Bank of England. If it, as a leading market participant and a regulator, had prior knowledge that the forex …

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Shredded: Inside RBS, The Bank That Broke Britain

Ian Fraser’s Shredded: Inside RBS, The Bank That Broke Britain has been named as a Book of the Year by the Financial Times, Bloomberg, The Week and Huffington Post and one of best books of the decade by the Financial Times. Shredded has also been described as the “definitive account” of the Royal Bank of Scotland’s collapse, one of the five best …

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Bank robbery?

In Article Library by Ian Fraser5 Comments

By Ian Fraser Published: Sunday Herald Date: December 1st, 2013 In a recent Business Focus, the Sunday Herald presented a rough guide to the £1 trillion of time bombs metaphorically ticking beneath the plush carpets of the Royal Bank of Scotland’s headquarters. What we didn’t predict was that two of …

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Britain ignores this epidemic of financial crime at its peril

In Blog by Ian Fraser3 Comments

August 1st, 2012 (minor revisions September 4th 2012) by Rowan Bosworth-Davies The most prestigious names in the British banking and finance routinely engage in criminal activities on a scale that would make any Mafia family proud. Whether it’s by facilitating international money-laundering; manipulating markets through Libor rigging; institutionalised insider dealing; misappropriating …

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How London became the money-laundering capital of the world

In Blog by Ian Fraser16 Comments

July 15th, 2012 By Rowan Bosworth-Davies Speaking on the Marr Show on BBC One on March 23rd, the former Daily Telegraph editor and historian Max Hastings said a “senior central banker” recently told him that London is now considered to be the “money-laundering capital of the world”. Hastings was discussing …

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‘Now that the FSA chief executive has gone — its chairman should be next’

In Article Library by Ian Fraser3 Comments

By Ian Fraser Published: Sunday Herald Date: 18 March 2012 One of Scotland’s highest-profile investment experts, Alan Steel, has called on Financial Services Authority chairman Lord Turner to “consider his position” following Friday’s surprise resignation of the watchdog’s chief executive, Hector Sants. Sants’s departure followed a Sunday Herald exclusive in …