Contact details

Alan Ward

T: +44 20 7809 2295 Email Alan | Vcard Office: London

Alan Ward Senior associate

Contact details

Alan Ward

Alan Ward
Senior associate

T: +44 20 7809 2295 Email Alan | Vcard Office: London

Alan has acted in relation to some of the most high-profile and complex multi-jurisdictional investigations commenced by criminal and regulatory enforcement agencies in the UK, USA, Europe and Far East. His work has included advising in relation to allegations of bribery and corruption, insider dealing, tax evasion and manipulation of financial markets.
  • Profile
  • Services

Alan is a senior ​associate in the regulatory litigation practice group. He advises corporate entities and individuals in the context of regulatory and criminal investigations, commenced by agencies such as the Serious Fraud Office and Financial Conduct Authority.   

Alan's work regularly involves allegations of misconduct on financial markets. Recently, he has advised individuals in respect of the global LIBOR and foreign exchange (forex) investigations, including both individuals who are the subject of regulatory and criminal allegations of market misconduct, and senior managers who have been investigated by regulators for alleged oversight failures. He has also been instructed to advise individuals providing assistance to agencies including the SFO, FCA, PRA, CFTC and US Department of Justice (DoJ).  

Much of Alan's work has a significant international dimension. Recent instructions include advising clients faced with extradition, mutual legal assistance requests, extra-territorial criminal liability and asset freezing and recovery. Alan was recently invited to speak at an International Bar Association Conference on the subject "Globalised Asset Recovery: Orders Without Borders".

He writes regularly in the legal and mainstream press and is the author of the chapter on "Overseas Assets" in the leading practitioner text "Fraud: Law, Practice and Procedure" (LexisNexis).

  • Corporate and directors' criminal liability
  • Regulatory litigation
  • Regulatory compliance

LIBOR investigations

Advising individuals in relation to investigations undertaken by criminal prosecutors including the US DoJ and UK SFO.

Foreign exchange (forex) investigations

Advising traders at major financial institutions in relation to internal, regulatory and criminal investigations into alleged confidentiality breaches, market manipulation abuse and price fixing.

Cartel / anti-trust

Advising a senior executive in relation to a major American anti-trust investigation, in which the company concerned paid the largest ever American anti-trust fine. The client was not proceeded against.

Fraud – Olympus Corporation

Acting for an individual in relation to the SFO investigation into Olympus Corporation.

Bribery and corruption

Alan advised a multi-national corporate entity in relation to a large-scale, high-profile investigation into allegations of bribery and corruption. Advice included managing responses to enforcement agencies' requests and advising on individual and corporate criminal liability.

SFO – civil recovery of the proceeds of corruption

Alan has advised individuals subject to Civil Recovery applications by the Serious Fraud Office, under Part V of the Proceeds of Crime Act 2002.

Tesco – alleged false accounting

Advising a director in relation to allegations that corporate accounts were manipulated to give a false impression of profitability.

HMRC tax investigations

Advising accountants and IFAs in relation to HMRC investigations. Alan acted in the only criminal trial brought by HMRC to date in which an accounting professional was acquitted of cheating the revenue, in the context of a tax avoidance and mitigation scheme.

More: Corporate crime and directors' criminal liability

LIBOR

Advising individuals in relation to investigations undertaken by financial institutions and regulators, including the FCA and CFTC. Recent instructions have included senior managers in banking, investigated by the FCA in relation to alleged oversight failures. 

Foreign exchange (forex)

Advising senior management at major financial institutions in relation to internal and regulatory investigations into systems and controls failures.

Market abuse

Alan has advised clients in respect of a number of market abuse inquiries, commenced by the FSA and FCA. Many of the allegations were novel and complex in nature.

More: Regulatory litigation

Approved Persons (APER / SIF) applications

Advising individuals and institutions on applications for Controlled Function and Significant Influence Function approval from the FSA, FCA and PRA.

The Proceeds of Crime Act 2002

Alan advises institutions, MLROs and other individuals on money laundering (AML) compliance, reporting obligations and on potential criminal liability under POCA.

FCA / PRA reporting obligations

Alan advises financial institutions on reporting obligations under the FCA / PRA handbook, in the context of market abuse, fitness and propriety and Principle 11 of the Principles for Business.

More: Regulatory compliance

Latest news & insights

02 Aug 2017

From Insights

Regime change: FCA consults on extending the Senior Managers and Certification Regime to all FCA firms

The way in which the FCA regulates individuals in financial services is changing. On 26 July 2017 the FCA published a consultation on extending the Senior Managers and..

More

24 May 2017

From Insights

High Court limits ambit of privilege in internal investigations

In Director of the Serious Fraud Office v ENRC [2017] EWHC 1017 (QB) the High Court granted the SFO a declaration that certain documents, created by lawyers and forens..

More

16 May 2017

From Insights

The Money Laundering Regulations 2017: Six weeks to implementation

A less prescriptive approach, but a greater compliance burden?

More

11 May 2017

From Insights

Criminal Finances Act 2017: Revolution not evolution

Sneaking onto the statute books ahead of June's General Election, the Criminal Finances Act 2017 (the "Act") received Royal Assent on 27 April 2017. It represents one ..

More

29 Mar 2017

From Insights

FCA v Macris – Supreme Court gives judgment on "third party rights"

On Wednesday 22 March the Supreme Court handed down its much-anticipated judgment in Financial Conduct Authority v Macris [2017] UKSC 19.

More

17 Jan 2017

From Insights

2017 - Preparing for the extension of the New Accountability Regime

The SM&CR introduced for banks, building societies, PRA-designated investment firms and credit unions in March last year – is due to be extended to the whole financial..

More

03 Mar 2016

From Insights

Mutual Legal Assistance (Russian Version)

Взаимная правовая помощь - это процесс, при котором государства ищут и оказывают помощь в расследовании или уголовном преследовании преступлений.

More

11 Feb 2016

From Insights

Letters and the law - legal professional privilege and the SFO

We examine the decision of R (on the application of McKenzie) v Director of the Serious Fraud Office. This case outlines the extent to which legal privilege can be inv..

More

28 Jan 2016

From Insights

Media coverage: LexisNexis - Crime and procedure - disclosure in complex and long-running fraud cases

Alan Ward writes for LexisNexis on when to disclose in financial crime cases

More

16 Dec 2015

From Insights

Media coverage: LexisNexis - Controlling exposure to risk following Barclays' record fine

Alan Ward examines what firms need to consider in the context of the FCA actions.

More

11 Nov 2015
27 Oct 2015

From Insights

Mutual Legal Assistance

Mutual Legal Assistance ("MLA") is the process by which States seek and provide assistance in the investigation or prosecution of criminal offences.

More

13 Oct 2015

From Insights

Developments in the regulatory regime for individuals in banking webcast

Alan Ward reviews the key recent developments in the new accountability regime for individuals in banking: the Senior Managers’ and Certification Regime.

More

05 Oct 2015

From Insights

Media coverage: New Law Journal - Regulatory enforcement changes

In New Law Journal, Alan Ward predicts a significant change on how regulatory enforcement in the City is conducted and publicised.

More

25 May 2015

From Insights

Media coverage – City AM – Bankers must be allowed to speak out in their own defence

Alan Ward comments on the possibility of a significant change in how regulatory enforcement in the City is both conducted and publicised.

More

10 Dec 2014

From Insights

The Conduct Rules: compliance and legal functions in the line of fire

We consider the implications of the proposed Conduct Rules and will apply to a far wider population of staff.

More

print-footer
logo
© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.