Corporate Crime & Compliance UK

  • August 21, 2025

    Tire Cos. Resist Bid To Add EU Probe Info to Price-Hike Suit

    Tire manufacturers including Bridgestone, Goodyear and Michelin are urging an Ohio federal court not to let buyers update their antitrust case accusing the companies of fixing prices to include additional allegations stemming from a European Commission investigation.

  • August 21, 2025

    'Exceptionally Lucky' Fake London Solicitor Avoids Prison

    An unlicensed legal professional who admitted to impersonating a practicing solicitor was handed a suspended sentence on Thursday after a London judge said he was "exceptionally lucky" the prisons were in crisis.

  • August 21, 2025

    UK Hits Crypto Exchanges That Help Russia Evade Sanctions

    The U.K. is cracking down on financial networks used by Russia to soften the blow of sanctions, including cryptocurrency exchanges, just a week after the U.S. took the same action.

  • August 21, 2025

    BoE Says No Urgent Need To Raise £85K APP Fraud Limit

    The Bank of England called Thursday to keep the £85,000 ($114,000) limit for compulsory reimbursement of victims of authorized push payment fraud in payments made through the CHAPS settlements system at a time it is under review.

  • August 21, 2025

    British Airways Sued By Passengers Over 2018 Cyberattack

    A group of British Airways customers has sued the U.K. airline over its alleged failure to protect their personal data, including home addresses and bank card details, which was accessed during a cyberattack in 2018 that remained undetected for three months.

  • August 21, 2025

    Prosecutors Can Hunt Lawyer's Assets In Castle Fraud Case

    A London court ruled Thursday that prosecutors could go ahead with efforts to claw back money from a former lawyer who was imprisoned for more than a decade for defrauding an American property developer out of £10.5 million ($14 million.) 

  • August 21, 2025

    FCA Warns Firms Of Failings In Algorithmic Trading Controls

    The Financial Conduct Authority said Thursday that trading companies need to address deficiencies in algorithmic trading controls, noting poor record keeping with compliance staff lacking oversight of controls.

  • August 21, 2025

    Casino Biz Handed £1M Fine For Money Laundering Failures

    The Gambling Commission said on Thursday that it has fined an online casino £1 million ($1.35 million) for failing to carry out appropriate assessments of money laundering and terrorist financing risk

  • August 21, 2025

    Appointed Reps Reform Gives FCA Bigger Enforcement Hook

    The U.K. government's plans to tighten the rules for appointed representatives will give the Financial Conduct Authority a far greater enforcement hook, making the regime costlier and harder to access by the companies it is designed to support, lawyers have warned.

  • August 20, 2025

    Ex-Meta Worker Can't Keep Job During Whistleblowing Claim

    A former product manager at Meta who says he was sacked for blowing the whistle on the technology giant allegedly inflating its advertising metrics failed to convince a tribunal on Wednesday to reinstate him pending his claim being determined.

  • August 20, 2025

    Ex-Chelsea Soccer Player Ordered To Pay £466K To HMRC

    A former soccer player turned ESPN pundit must pay back nearly £466,000 ($628,300) in taxes on film company investments to HM Revenue & Customs, a London tribunal ruled.

  • August 20, 2025

    Judge Warned After Having Sex In Judicial Chambers

    A judge has been sanctioned after he fell short of the standard of conduct expected from an office-holder by having sex in his judicial chambers, the Judicial Conduct Investigations Office said Wednesday.

  • August 20, 2025

    Prosecutors Want £10.5M From Lawyer In Castle Fraud Case

    A lawyer imprisoned for more than a decade for misappropriating money sent by an American property developer to buy a castle in Scotland owes his victims £10.5 million ($14 million), prosecutors told a London judge on Wednesday.

  • August 20, 2025

    EU Finance Watchdog, EEA Sign Sustainability Agreement

    The financial markets watchdog of the European Union said Wednesday that it has entered into an agreement with the European Environment Agency to strengthen cooperation in sustainable finance and enhance regulation across member states.

  • August 19, 2025

    Court Upholds Ban On Education Charity Over Plagiarism

    A London court has upheld a decision by a company that awards qualifications to suspend an educational charity from delivering its qualifications for 10 years after the company found numerous cases of plagiarism in students' work.

  • August 19, 2025

    UK Has Dropped Apple Privacy Row, US Spy Chief Says

    The U.K. government has dropped controversial demands that Apple Inc. create a "back door" to customers' personal encrypted data, the U.S. director of national intelligence said Tuesday.

  • August 19, 2025

    Pro-Palestine Activists Avoid Prison For Defense Firm Protest

    A London court has sentenced two pro-Palestine protesters to 21 days' imprisonment, suspended for 12 months, for their role in disrupting the site of a defense and aerospace component manufacturer, in breach of an injunction.

  • August 19, 2025

    London Law Firm Fined Over 7-Year AML Oversight Failures

    The Solicitors Regulation Authority has fined a London law firm more than £8,600 ($11,600) for failing to properly document over seven years the level of risk of money laundering posed by clients.

  • August 19, 2025

    Pensions Watchdog Says £80M Returned To Scam Victims

    More than £80 million ($108 million) has been paid out to pension savers who fell victim to scams, after a landmark court victory paved the way for compensation, the U.K. retirement savings watchdog said Tuesday.

  • August 18, 2025

    Gov't Group Drafts Rules For Funding Transition To Net-Zero

    A government-backed body proposed a series of guidelines on Monday for lenders to provide credible transition finance to companies that plan to reduce a heavy reliance on fossil fuels to meet net-zero emissions goals.

  • August 18, 2025

    3 Debt Collectors Shut Down For Keeping Client Funds

    Three connected debt collection agencies that "systematically deceived" their clients and wrongly kept back more than £54,000 ($73,000) of client funds have been shut down, the Insolvency Service said Monday.

  • August 18, 2025

    Companies Told To Prepare For New Fraud Prevention Law

    Large organizations must gear up for the new "failure to prevent fraud" offense that will come into force in a fortnight or prepare for an investigation, the Serious Fraud Office warned Monday.

  • August 18, 2025

    FCA Warns Of Consumer Risk In Pension Transfer Incentives

    The City watchdog is concerned about the use of financial incentives used to encourage Britons to transfer their pensions, as it published a sweeping review of the impact of anti-fraud rules on the retirement sector.

  • August 18, 2025

    Amazon Accused Of Inflating Prices In New UK Class Action

    Amazon is facing a class action on behalf of more than 45 million consumers over its allegedly abusive pricing policies that enabled the technology giant to charge sellers higher fees which were passed on to consumers, the organization bringing the claim said Monday.

  • August 15, 2025

    Insolvency Service Official Explains Economic Crime Shift

    The Insolvency Service's evolution into a frontline economic crime enforcer provides the government with an agency with new powers to crack down on fraud, which gives Whitehall a powerful tool to use against unscrupulous directors.

Expert Analysis

  • Updated EU Procedure Streamlines Data Transfer Approval

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    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

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    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

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    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • Rising To The Task Of Online Safety Act Compliance

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    The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

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    The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.

  • What To Know About FCA's UK Listing Rules Proposal

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    A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

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    With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • New UK Short Selling Rules Diverge From EU Regs

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    Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

  • ECB Guide Targets Harmonized Cyber Testing Approach

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    The European Central Bank’s recently updated guidance for testing organizational resilience against sophisticated cyberattacks is a significant step forward, highlighting the importance of a unified approach to financial sector cybersecurity and alignment with Digital Operational Resilience Act requirements, say Simon Onyons and Nebu Varghese at FTI Consulting.

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.

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