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Accountancy Newsletter May 2017

Published 25 May 2017

DAC Beachcroft's Accountancy newsletter features topical news and insights for our clients and contacts.

Corporate offences under the Criminal Finance Act 2017: implications for accountants and tax advisors

No duty, no loss, no claim – It couldn't be clearer…could it?

Duty of care - the real price of mates' rates in the provision of professional services

Good news for all professionals - Supreme Court guidance on scope of duty

Channon v Ward: A contrived claim and a refreshing result

When professional duties go beyond the terms of engagement

SFO v ENRC - Privilege and Criminal and Regulatory investigations

Challenging the Financial Ombudsman Service - the fair and reasonable test

Richard Highley

London - Walbrook

+44 (0)20 7894 6470

rhighley@dacbeachcroft.com

Ross Risby

London - Walbrook

+44 (0)20 7894 6910

rrisby@dacbeachcroft.com

Suzanne Wharton

Leeds

+44 (0)113 251 4775

swharton@dacbeachcroft.com

Naomi Park

Leeds

+44 (0)113 251 4793

npark@dacbeachcroft.co.uk

Rebecca Smith

Bristol

+44 (0)117 918 2597

rcsmith@dacbeachcroft.com

Sarah Crowther

London - Walbrook

+44 (0)20 7894 6254

scrowther@dacbeachcroft.com

Hannah Gregory

Bristol

+44 (0)117 918 2559

hgregory@dacbeachcroft.com

Declan Finn

London - Walbrook

+44 (0)20 7894 6935

dfinn@dacbeachcroft.com

Dan Preddy

Bristol

+44 (0)117 918 2257

dpreddy@dacbeachcroft.com

Another chapter in the courts' application of the illegality defence: considered in Tchenguiz & Others v Grant Thornton & Others (1)

By Richard Highley

On 16 December 2016, the High Court handed down a summary judgment in Tchenguiz & Others v Grant Thornton UK LLP & Others [2016] EWHC 3727 , in Grant Thornton's ("GT") favour, striking out…