UK Corporate Crime & Compliance provides breaking news and analysis on enforcement and white collar crime in Europe. Coverage includes internal investigations, whistleblower rights, executive responsibility, tax evasion, criminal market abuse and insider dealing actions, anti-money laundering, bribery, corruption and sanctions enforcement.
Goldman Sachs Group Inc.'s $2.9 billion settlement with the U.S. government and others over its role in the 1Malaysia Development Berhad scandal was a blockbuster, but the deal is stirring fresh criticism as the latest big-bank criminal resolution to come without a compliance monitor requirement.
The past week in London has seen electronics giant Philips take on another Chinese rival over patents, automaker Daimler AG face another group action, and a Canadian pension fund and dozens of others sue troubled security firm G4S. Here, Law360 looks at those and other new claims in the U.K.
An influential parliamentary committee launched an inquiry on Friday into how U.K. government bodies are working to combat economic crime after leaked files allegedly highlighted the failure of British law enforcement to act against potential money laundering.
Lawyers for a Saudi Arabian lawyer won more time on Friday to contact their client about his legal fee dispute in London with the son of a businessman accused of defrauding investors out of $200 million after the solicitor himself was arrested in connection with the investigation.
The Serious Fraud Office set out its approach to deferred prosecution agreements in new guidance on Friday, in the white-collar crime prosecutor's latest attempt to push the benefits of the U.S.-style corporate plea deals.