Stuart Alford QC

  • Partner
  • Estuart.alford.qc@lw.com
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.4502
  •  
 

Profile

Stuart Alford QC advises leading corporations, high-growth companies, and financial institutions in a range of financial crime and regulatory matters, particularly corruption, money-laundering, and fraud, as well as in connection with shareholder disputes.

A seasoned trial lawyer, Mr. Alford draws on three decades of experience in private practice and as one of the UK’s leading prosecutors to help clients navigate high-profile investigations, prosecutions, and disputes. He handles matters on behalf of corporate and financial services clients, often in a cross-jurisdictional context. Mr. Alford also regularly advises on issues concerning shareholders and directors, including in boardroom disputes arising in a hostile environment.

Mr. Alford combines strengths as an advocate, negotiator, and strategist to help clients achieve favorable outcomes in contentious situations. He leverages his substantial track record of engaging with law enforcement and regulators around the world to navigate cross-border issues of investigations, data privacy, and competing laws.

Mr. Alford’s distinguished governmental and international experience includes some of the most consequential criminal matters in the UK and globally in recent decades. From 2012 to 2016, he served as Head of the Fraud Division at the Serious Fraud Office (SFO), where he was responsible for overseeing many of the UK’s landmark white collar cases. Prior to joining the SFO, Mr. Alford spent two decades in private practice as a Barrister in London focusing on national and international criminal law. During this time, he was appointed to the Attorney General’s Panel of Special Advocates with clearance to handle cases concerning national security. From 2001 to 2003, he served as a Prosecutor for the United Nations in East Timor, and from 2006 to 2008 he served as Legal Adviser to the judges on the Saddam Hussein trial. From 2008 to 2013, Mr. Alford chaired the War Crimes Committee of the International Bar Association.

Mr. Alford was appointed Queen’s Counsel in 2014.

Mr. Alford is active in diversity and professional development initiatives in the legal profession. He previously chaired the SFO Management Board’s Equality and Diversity Working Group.

Mr. Alford has also held a number of firm leadership roles. He currently serves as the firm’s Senior Compliance Officer for anti-money laundering across Latham’s European offices. He previously served as Co-Chair of the firm’s London Litigation & Trial Department.

Experience

Mr. Alford’s experience at Latham includes advising on:

  • A multi-jurisdictional investigation of corruption in China for an online company preparing for an IPO
  • An investigation of corruption for a Middle East aviation company, with related US civil litigation issues
  • Shareholder litigation in Caribbean for a China-headquartered bio-tech company, with related litigation in the US, China, and Hong Kong
  • Shareholder arbitration in Hong Kong for European private equity fund
  • Investigations for a Middle Eastern central bank related to corruption and regulatory irregularities in the national banking sector
  • A Financial Conduct Authority criminal investigation involving a UK-listed company
  • A Department of Justice criminal investigation of market manipulation involving multiple banking clients
  • Multiple issues of compliance and due diligence related to financial transactions and mergers

Thought Leadership

  • Data Protection in Investigations -  March 04, 2021
  • SFO’s International Investigatory Powers Curbed in Supreme Court Ruling -  February 12, 2021
  • High Court Determines Exceptions to ‘Without Prejudice’ Privilege in Recent Disputes -  November 26, 2020
  • ‘Iniquity Exception’ Extends to Breaches of a Director’s Statutory Duty -  October 05, 2020
  • For Fear of Learning an Inconvenient Truth: Third-Party Liability in Fraudulent Trading  -  July 10, 2020
  • Unexplained Wealth Orders Subject to Rigorous Judicial Scrutiny  -  April 27, 2020
  • Data Protection in Investigations -  April 23, 2020
  • Caring for the CARES Act: The New Oversight and Investigations Landscape for COVID-19 Relief Programs -  April 20, 2020
  • UK Guidance on Corporate Cooperation Credit -  August 30, 2019
  • UK SFO Releases Guidance on Corporate Cooperation Credit -  August 09, 2019
  • Lessons for UK Companies From US DOJ Guidance on Corporate Compliance Programs -  May 03, 2019
  • Litigation Funding: Private Equity Investment Opportunity and Portfolio Risk Management Tool -  March 15, 2019
  • SFO Update: Lisa Osofsky’s First 50 Days  -  October 17, 2018
  • UK Serious Fraud Office Director Outlines Priorities in Keynote Speech  -  September 10, 2018
  • Internal Investigations Protected By Privilege Once More?  -  September 07, 2018
  • UK To Provide Compensation for Overseas Victims of Economic Crimes  -  June 18, 2018
  • 5 Predictions for the UK's Serious Fraud Office Under New Director -  June 15, 2018
  • Jukes: English Appellate Decision on Litigation Privilege in Internal Investigations  -  February 22, 2018
  • English High Court Decision Reinforces Application of Litigation Privilege in Internal Investigations -  February 21, 2018
  • Second Circuit Denies Rehearing on Decision Barring Testimony Compelled by Foreign Governments -  December 13, 2017
  • UK Supreme Court Redefines Criminal Dishonesty Test  -  November 03, 2017
  • Second Circuit: Fifth Amendment Bars Testimony Compelled by Foreign Governments  -  July 31, 2017
  • Private Equity and Privilege: Why Recent Legal Developments Matter to Buyout Firms -  July 21, 2017
  • DOJ Announces Secondment to UK’s Corruption Prosecutor -  June 05, 2017
  • English High Court Decision Further Curtails Application of Legal Privilege in Internal Investigations -  June 05, 2017
  • Changes to Corporate Criminality Offences in the UK Cause Corporate Dealmakers to Review Acquisitions -  May 17, 2017
  • Check Your Privilege: English Court Rules Internal Investigation Materials Cannot be Withheld from Prosecutor -  May 17, 2017
  • Significant Updates to ESMAs Q&A on MiFID II Market Structures -  April 07, 2017
  • FCA’s Latest Papers on the Implementation of MiFID II -  April 03, 2017
  • Firsts for UK SFO with In Principle False Accounting DPA, and for FCA with Market Abuse Compensation, against Tesco -  March 29, 2017
  • Prosecuting Corporate Offending – A New Approach from the Serious Fraud Office -  December 31, 2016
Bar Qualification
  • England and Wales (Barrister)
Education
  • Diploma in Law, Westminster University, 1991
  • B.Sc. in Geography, University of Reading, 1989
Industries
  • Financial Institutions
Languages
  • English
Practices
  • White Collar Defense & Investigations
  • Litigation & Trial Practice
  • Commodities and Derivatives Regulation and Enforcement