Top Stories

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  EU Adopts Landmark Anti-Corruption Law

  By Christopher Crosby

  European Union lawmakers passed a new set of bloc-wide anti-corruption rules on Thursday that will streamline le...(read more)

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  Vodafone Franchisees Seek 2 Trials In 'Unwieldy' £85M Case

  By Eddie Beaver

  More than 60 franchisees suing Vodafone for £85 million ($113 million) over allegedly arbitrary and financially ...(read more)

• Addison Lee Drivers Edge Closer To £20M Worker Status Win

  By Jamie Lennox

  Hundreds of Addison Lee taxi drivers have moved closer to a possible £20 million ($26.7 million) worker status payout after a tribunal largely adopted their way of deciding compensation, lawyers for the claimants said Thursday.

• FCA To Use AI To Spot Consumer Harm Faster In New Plan

  By Alex Davidson

  The Financial Conduct Authority set out plans on Thursday to use artificial intelligence as a regulatory tool to authorize businesses and detect harm faster in its annual work program.

• Financial Redress Body To Use AI Tech For 'Routine Tasks'

  By Martin Croucher

  The Financial Services Compensation Scheme said Thursday that it wants to automate routine tasks with artificial intelligence technology in the next five years.

• River Cam Fund Looks To Buy Small Firms Eyeing Succession

  By Marialuisa Taddia

  U.K. search fund River Cam Group, which has completed its first acquisition, is now targeting additional small and midsized law firms and is positioning itself as a solution to the growing succession problem facing law offices in England and Wales.

• Fraud Plan Puts FCA At Forefront Of UK Crypto-Crackdown

  By Alex Davidson

  The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.

• Germany's Henkel To Buy Hair Care Brand Olaplex For $1.4B

  By Najiyya Budaly

  Chemicals group Henkel said Thursday that it will buy hair care brand Olaplex in a $1.4 billion cash deal that will allow U.S. private equity firm Advent to fully exit its position.

• Firms Hold Steady In Middle East Despite Recruiting Jitters

  By Marialuisa Taddia

  The war with Iran hasn't yet prompted law firms to announce major changes to their operations in the Middle East, but the regional fallout is starting to weigh on the market, as recruiters report hesitation among some candidates considering a move to the region.

• UK To Mandate 'Binary' Ethnicity Pay Gap Reports

  By Jamie Lennox

  The government told large employers Wednesday that they will soon have to produce "binary" ethnicity pay gap reports, requiring them to reveal how much they pay white staff versus employees of other ethnicities.

• Dentons Says AML Claims Shouldn't Face Tribunal Rerun

  By Ronan Barnard

  Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.

• Ex-British Council Staffer Wins Appeal Of Compensation Cut

  By Jamie Lennox

  A London appeals judge on Wednesday overturned a 35% reduction to the discrimination payout for a former British Council employee who quit after alleging that a senior colleague had sexually harassed her.

• Odey Denies Trying To Silence Groping Victim In FCA Probe

  By William Janes

  Crispin Odey told a London tribunal on Wednesday that he denied trying to stop a member of staff who he had groped from speaking to the Financial Conduct Authority while it investigated his conduct at the hedge fund.

• Condé Nast Says Promoter Pushed Bogus Oscar Party Tickets

  By Sophia Dourou

  The owner of Condé Nast said that an events promoter infringed its trademarks by promoting "bogus" tickets to exclusive events such as the Vanity Fair Oscars party, its lawyers told the first day of a trial on Wednesday.