Corporate Crime & Compliance UK

  • March 13, 2026

    Sony Says £2B PlayStation Class Action 'Misconceived'

    Sony hit back at a £2 billion ($2.6 billion) proposed class action claim that it raised prices and suppressed competition by keeping PlayStation console owners "captive" with software and PlayStation Store restrictions, saying Friday that the case was "fundamentally misconceived."

  • March 13, 2026

    HMRC Set To Fully Absorb Valuation Office By April

    The U.K.'s Valuation Office Agency will become fully integrated into HM Revenue & Customs next month, the office said, bringing property valuations into the remit of fiscal administration for the first time in decades ahead of the imposition of a new tax on high-value properties.

  • March 13, 2026

    FCA Bans Former Forex Exec Over AML Breaches, Forgery

    The Financial Conduct Authority said Friday it has banned a former foreign exchange trading company owner from working in financial services for his lack of honesty, introducing an anti-money laundering-related system against compliance advice and forging documents.

  • March 13, 2026

    Allianz Uncovered Record Levels Of Insurance Fraud In 2025

    Allianz UK has said it detected £174 million ($231 million) worth of insurance fraud in 2025 — 10.5% more than in 2024, its previous record year, as criminals changed their tactics.

  • March 12, 2026

    EU Court Told To Send Back JPMorgan, Credit Agricole Fines

    A European Court of Justice advocate general urged the European Union's highest court Thursday to return appeals from Credit Agricole Group and JPMorgan Chase & Co. challenging antitrust fines imposed for manipulating a benchmark interest rate back to a lower court, concluding that court failed to consider enforcer tweaks to the penalties.

  • March 12, 2026

    New Fraud Unit Faces Hurdles To Take On Overseas Scams

    A new anti-fraud unit built to disrupt the growing threat to national security posed by online scammers fills gaps left in the enforcement landscape, lawyers say — although there are hurdles for prosecution of suspects, particularly when many scams originate thousands of miles away.

  • March 12, 2026

    Reeves Says Energy Windfall Tax May Not Apply By Late 2027

    The U.K.'s energy profits levy is expected to no longer apply to oil and gas operations in the North Sea in the last quarter of 2027, especially if the current Middle East crisis de-escalates and energy prices stabilize, Chancellor of the Exchequer Rachel Reeves told an H&M Treasury committee.

  • March 12, 2026

    EU Watchdog Reveals Plans To Boost Investing, Supervision

    The European Union's financial markets watchdog set out plans on Thursday to simplify retail investing, having found that consumers mistrust markets because of conflicts of interest, high fees and insufficient enforcement against scams.

  • March 12, 2026

    BHP Says Judge Used Wrong Test In £36B Dam Disaster Claim

    Mining company BHP asked a court on Thursday for permission to challenge findings that it is liable for a £36 billion ($48 billion) claim over a dam collapse in Brazil, arguing that the judge who found it responsible for the disaster had applied the wrong test.

  • March 12, 2026

    Ex-Deutsche Bankers Suing For £600M Over Italian Probe

    Four former senior Deutsche Bank traders are suing the lender for upward of £600 million ($803 million) in London after they were convicted, but subsequently acquitted, of aiding false accounting and market manipulation in one of Italy's biggest financial scandals.

  • March 11, 2026

    FCA Warrant Against Lawyer In Fraud Probe Found Unlawful

    A London court has quashed a search warrant obtained by the Financial Conduct Authority against a barrister under criminal investigation for fraud and criticized the watchdog for making highly prejudicial allegations against him before a judge.

  • March 11, 2026

    Ex-Fund CEO Says Odey Fired Him To Halt Misconduct Probe

    A former chief executive of Crispin Odey's hedge fund told a London tribunal on Wednesday that the financier had fired him to stop a second internal probe into sexual misconduct allegations.

  • March 11, 2026

    Regional Firm PM Law Faces Fraud Probe After Collapse

    PM Law has entered into voluntary liquidation with a shortfall in assets approaching £3.6 million ($4.8 million) amid a police investigation into potential fraud at the Yorkshire firm, documents published by Companies House show.

  • March 11, 2026

    Revolut Says BoE Has Lifted Banking License Restrictions

    Revolut said Wednesday that the Bank of England has lifted restrictions on its banking license, approving its launch as a fully licensed lender in the U.K.

  • March 11, 2026

    Pensions Sector Told To Protect Against Impersonation Fraud

    Britain's retirement savings watchdog said Wednesday that the pensions industry must take immediate action to protect savers amid a reported rise in impersonation fraud.

  • March 11, 2026

    £180M Bitcoin Theft Case Cut Down Over Property Rights

    A man who claims that his estranged wife stole up to £180 million ($241 million) of his bitcoin has had his civil case against her trimmed after a court ruled that property rights that traditionally apply only to physical objects cannot be used for cryptocurrencies.

  • March 11, 2026

    OFSI Details Sanctions Enforcement Strategy In New Guide

    Britain's sanctions watchdog has set out new enforcement guidance on its plans to crack down on circumvention and non-compliance in a bid to help the private sector navigate the financial restrictions and understand the repercussions for failure. 

  • March 11, 2026

    Illegal Sale-And-Rent-Back Scheme Boss Sentenced To Prison

    A man has been sentenced to two and a half years in prison for running an unauthorized property deal scheme that targeted struggling homeowners with offers to buy their homes and rent them back, the U.K.'s financial regulator said Wednesday.

  • March 11, 2026

    Barrister's Libel Claim Against Neidle Dismissed As SLAPP

    A judge has struck out a barrister's £8 million ($11 million) libel claim against Dan Neidle, ruling on Wednesday that the case had no chance of succeeding and amounted to a strategic legal claim designed to silence the legal blogger. 

  • March 11, 2026

    Police Scotland Fined £66K Over 'Serious' Data Breach

    The data regulator said Wednesday that it has fined Scotland's police force £66,000 ($88,400) after it disclosed an individual's mobile phone data to a third party after they reported a crime.

  • March 11, 2026

    Stalker Solicitor Sentenced To Two-Year Community Order

    A magistrates' court has hit a solicitor convicted of stalking with a two-year community order, and has required him to complete 300 hours of unpaid work and 20 days of rehabilitation after he harassed a court blogger.

  • March 11, 2026

    Direct Line Unit Fined £10.6M For Solvency Miscalculation

    The Prudential Regulation Authority said on Wednesday that it has fined UK Insurance Ltd. £10.63 million ($14.27 million) for miscalculations that led the insurer to overstate its solvency position to the watchdog and the market.

  • March 10, 2026

    Courts Bill Progresses To Showdown Over Jury Trials

    Lawmakers voted Tuesday to go ahead with the government's courts bill amid warnings from rebellious MPs that controversial parts of the legislation that would curtail jury trials were "unworkable, unpopular, unjust and unnecessary."

  • March 10, 2026

    Mining Billionaire's Shell Co. Fined €25.8M For Congo Bribery

    A shell company of sanctioned Israeli billionaire Dan Gertler has paid €25.8 million ($30 million) to settle a long-running investigation into bribery of an official in the Democratic Republic of Congo, Dutch prosecutors said Tuesday.

  • March 10, 2026

    Odey 'Violated' Ethics Over Sex Misconduct Probe, FCA Says

    Crispin Odey "repeatedly violated" ethical rules for those working in financial services by frustrating an internal investigation into his sexual misconduct, the Financial Conduct Authority told the first day of an appeal hearing on Tuesday.

Expert Analysis

  • What Is In Store For ESG Litigation In UK And EU

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    With 2025 seeing more sophisticated and far-reaching environmental litigation, and regulatory enforcement set to continue, a focus on greenwashing and climate attribution science is likely in 2026, and organizations must remain vigilant and proactive in their approach to sustainability risks and opportunities, say lawyers at Simmons & Simmons.

  • Noting Similarities And Divergences In UK, EU Apple Rulings

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    While recent judgments against Apple by the Competition Appeal Tribunal and European Commission all focus on the Apple ecosystem and point toward closer scrutiny of its App Store rules, their analytical methodologies and potential enforcement routes differ, highlighting differences in approaches to competition law, say lawyers at Perkins Coie.

  • Decoding Arbitral Disputes: EU Law And Treaty Arbitration

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    A recent Singapore court ruling in DNZ v. DOA upholding an arbitration award against Poland constitutes a significant affirmation of the autonomy of international arbitration from regional constitutional orders when disputes are adjudicated outside those orders, says Josep Galvez of 4-5 Gray's Inn.

  • What To Expect From UK Prospectus Regime Changes

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    The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • How Gov't AML Supervision Reform Will Affect Law Firms

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    In confirming that the Financial Conduct Authority will become the single supervisor for professional services, HM Treasury’s planned reform of the U.K.’s anti-money laundering and counter-terrorist financing supervision regime marks a significant change for the legal profession, signaling a greater emphasis on evidence and accountability, says Harriet Holmes at Thirdfort.

  • EU Financial Regulation Trends Cos. Need To Watch In 2026

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    An ever-increasing number of initiatives on the European Union regulatory agenda, with simplification and consistent implementation being priorities, means financial services businesses with a footprint in the EU or seeking to establish one will face significant challenges and strategic opportunities, say lawyers at Taylor Wessing.

  • What To Expect From UK, EU Crypto Regime Changes In 2026

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    With 2025 marking the first operational year of the European Union’s Markets in Crypto-Assets Regulation and the U.K.’s rules reaching their final legislative form, the two jurisdictions are converging in focus, but structural design differences mean firms active in both markets will require dedicated documentation to ensure compliance, say lawyers at Morgan Lewis.

  • What Cos. Can Expect From CMA Consumer Protection Drive

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    The Competition and Markets Authority’s recently launched consumer protection drive targeting banned online sales practices focuses on supporting compliance rather than on enforcement, although firms should expect this to change once businesses have had time to adapt to the regulator's new regime, say lawyers at Baker Botts.

  • Preparing For UK's New Tax Fraud Whistleblower Program

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    With the U.K. government introducing a U.S.-style whistleblower incentive scheme to tackle high-value tax avoidance and evasion, companies should take proactive steps and establish clear protocols to mitigate the potential increase in tax investigations, say lawyers at Skadden.

  • Key Trends Shaping ESG And Sustainability Law In 2026

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    2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

  • Digital Regulation In EU And UK: The Enduring 2025 Themes

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    With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • Brazil Dam Ruling Highlights Role Of Corporate Accountability

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    The recent High Court judgment in Municipio de Mariana v. BHP concerning the collapse of the Fundao dam establishes a precedent for holding parent companies that exercise significant control and assume responsibility liable for the actions of group entities, notwithstanding their multinational corporate structure, say lawyers at Irwin Mitchell.

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