Rahman Ravelli
Rahman Ravelli Solicitors Logo
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
 Request a Callback
Expertise Sectors International About Us Legal Articles News Contact Us
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
 

/ News / Legal Director Syed Rahman tells Lawyer Monthly the current state of Cum-Ex investigations

Legal Director Syed Rahman tells Lawyer Monthly the current state of Cum-Ex investigations



With investigations into Cum-Ex gaining momentum, Rahman Ravelli’s Syed Rahman wrote about the approaches being taken by the authorities across Europe.

In an article published by Lawyer Monthly, Syed assesses the activities of the Danish tax authority SKAT. SKAT has brought more than 500 lawsuits against individuals and organisations in a number of countries since 2018, is working with Danish criminal authorities and has received information from the UK’s HM Revenue and Customs and Financial Conduct Authority (FCA).

Syed’s piece details the approach being taken In Germany, where the authorities are targeting the banks that facilitated the transactions at the centre of Cum-Ex – and adding them as confiscation parties to criminal cases against individuals.

With the FCA having said that it is investigating 14 companies and six individuals, Cum-Ex is already an issue for the UK authorities. While the precise outcome of existing investigations is impossible to determine, Syed notes that they are gathering pace and increasing in scope.

Syed's article featured on Lawyer Monthly

Syedur Rahman

Syedur Rahman

Partner

syedur.rahman@rahmanravelli.co.uk
+44 (0)203 910 4566 vCard

Specialist Areas of Practice: Fraud and Business Crime, Compliance and Regulatory, Civil Recovery, Civil Fraud, Corporate Investigations

View Author Profile

London Office: +44 (0)203 947 1539
Midlands Office: +44 (0)121 827 7985
Northern Office: +44 (0)1422 346 666
24hr Rapid Response: 0800 559 3500


Need Help or Advice?

Share this article on