Jonathan Kelly

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Jonathan Kelly’s practice focuses on substantial English and international commercial litigation and arbitration.

Latest Articles

The English High Court has dismissed an application to discharge the U.K.’s first Unexplained Wealth Order which was obtained by the National Crime Agency on February 27, 2018. Since January 31, 2018 a number of U.K. enforcement authorities have been able to apply to the English courts for an Unexplained Wealth Order in circumstances where a person’s assets appear disproportionate to their known income.  Once granted, an Unexplained Wealth Order requires an individual or company…
The £16.4 million fine imposed by the UK Financial Conduct Authority on Tesco Personal Finance plc provides a salutary lesson on the regulatory exposure associated with failing adequately to prepare for and respond to a cyber-attack – one of the FCA’s stated regulatory priorities. The episode illustrates how cybersecurity failures can expose a business not only to increasingly draconian penalties under the EU’s General Data Protection Regulation where personal data is involved (effective from 25…
The Financial Conduct Authority and the Prudential Regulation Authority (together, the “Regulators”) have jointly fined Barclays’ CEO, Jes Staley, a total of £642,430. The fine was imposed for Mr Staley’s repeated attempts to uncover the identity of an anonymous whistleblower, which constituted a failure to act with the due skill, care and diligence the Regulators expect from a CEO. The case was observed with interest as the first brought by financial regulators under the UK’s…