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

/ News / Senior Partner Aziz Rahman outlines the latest developments in Cum-Ex investigations to Bloomberg

Senior Partner Aziz Rahman outlines the latest developments in Cum-Ex investigations to Bloomberg



With the UK’s Financial Conduct Authority reported to be investigating 14 firms and six individuals over possible involvement in the Cum-Ex tax scandal, Rahman Ravelli’s Aziz Rahman outlined the Europe-wide situation for Bloomberg.

The FCA is said to be building cases against firms that operated dividend stripping schemes in Denmark, Germany, France and Italy. This development comes eight months after the agency said that decisions were imminent regarding whether it would to pursue Cum-Ex cases.

Aziz told Bloomberg that news of the FCA’s Cum-Ex activities comes as the authorities in Denmark are intensifying their investigations. Until now, Denmark has not been as swift as Germany in seeking arrests over Cum-Ex.

But while Denmark is now speeding up its probes into Cum-Ex, Germany is also acting with increasing urgency. This is because the German 10-year statute of limitations means the authorities there are running out of time to bring prosecutions.

Aziz's comments featured in Bloomberg.

Azizur Rahman

Azizur Rahman

Senior Partner

aziz.rahman@rahmanravelli.co.uk
+44 (0)203 911 9339 vCard

Specialist Areas of Practice: International Regulation and Corporate Crime, Fraud and Business Crime, Complex Crime, 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