33 Chancery Lane

Mark Rainsford QC

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This content is provided by Mark Rainsford QC.

Practice Areas

An internationally pre-eminent Leading Counsel specialising in corporate crime, business crime, civil fraud, commercial fraud, money laundering, PoCA and asset recovery. Mark advises and represents corporates, ultra-high net worth individuals, company directors (including FTSE 100), large professional service firms embroiled in allegations of criminal wrongdoing and banks concerned about money laundering issues. He advises City law firms and General Counsel of companies under investigation by the SFO, DoJ, SEC and other overseas law enforcement authorities. Mark is recognised as a leading individual in business crime, regulatory, global investigations and proceeds of crime in the main legal directories, where he has been described as having a “Stellar reputation” and being a “Brilliant strategist.”

Current notable cases include successfully defending a director of a major retail bank who faced allegations of corruption (concluded September 2019); defending an overseas private banker on trial in November 2019 for alleged money laundering offences following an alleged theft of €100 million; advising a witness in proceedings between a FTSE 100 company and a law enforcement authority, where the Claimants allege a criminal conspiracy between law enforcement officials and City solicitor; defending a principal defendant in confiscation proceedings in Operation Amazon, one of the highest profile prosecutions currently before the courts and an advisory role in relation to 1MDB.

Other recent notable cases: representing the main witness in Commercial Court proceedings between LIA v, Société Générale S.A., a €1.5 billion euro claim by a sovereign wealth fund against a bank where bribery and corruption was alleged; successfully defending the trial of Hong Kong businessman James Sutherland, Chairman of a large group of fiduciary companies operating in 12 jurisdictions prosecuted by the SFO for allegedly money-laundering $120m. Advising Vincent Tchenguiz in connection with a substantial civil fraud claim on an overseas bank. Representing the CEO of Capital World Markets concerning alleged involvement in investment fraud- the “Heron Tower case”. Advising a putative defendant in connection with LIBOR and EURIBOR. Representing an FX company under investigation for allegedly laundering £1 billion. Successfully defending a major accounting firm under investigation in relation to bribery offences in 74 countries. Representing the Ministry of Environment of a European sovereign state after their stock exchange was compromised by cyber-hackers - shares switched to the London Stock Exchange and spot trading commenced -emergency freezing injunctions, Norwich Pharmacal orders and asset recovery. Representing the Lithuanian State in conjoined civil and criminal proceedings after a well-known Russian oligarch allegedly misappropriated €1 billion of securities from a high street bank; obtaining restraint orders over his UK assets; Heading an internal investigation on behalf of a property developer into alleged corruption of the Prime Minister, Deputy Minister and Minster for Planning of the Turks & Caicos Islands - negotiated the first civil recovery order and immunity from prosecution agreement following a Commission of Inquiry and political corruption investigation; Obtaining management receivership and restraint orders over the assets of a group of companies with an annual turnover of £140m; Representing the former Chairman and CEO of RBG Metals plc and Allied Deals Inc. in £1.2 billion hidden assets proceedings; Representing the CEO of a chain of Money Service Bureaus, dubbed “Britain’s biggest money launderer".

Professional Memberships

Mark has been called to the Bar in the UK, Eastern Caribbean Supreme Court; British Virgin Islands Circuit; Grand Cayman (ad hoc.) and Turks & Caicos Islands (ad hoc.)