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Corporate Crime & Compliance UK
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February 19, 2026
Andrew Arrested On Suspicion Of Misconduct In Public Office
U.K. police arrested Andrew Mountbatten-Windsor on Thursday on suspicion of misconduct in public office, after weeks of intense scrutiny over whether the former prince disclosed sensitive information to Jeffrey Epstein while he was trade envoy.
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February 18, 2026
Glencore Says It Paid $1B To HMRC Over Tax Disputes
Mining giant Glencore told shareholders Wednesday that it paid $1 billion to the U.K.'s tax authority last year over tax disputes but is pushing to recover some of the money.
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February 18, 2026
Exec Loses Bid To Keep Name Out Of SFO Bribery Settlement
Two British judges ruled Wednesday that the Serious Fraud Office could publish the name of a former executive in a corporate criminal settlement even though he was cleared of bribery charges, ruling that the process was subject to the principle of open justice.
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February 18, 2026
Juryless Trials Will Apply To Ongoing Cases, UK Minister Says
Government plans to limit jury trials will apply retrospectively to cases already in the system to reduce the backlog of criminal cases "straight away," the U.K.'s courts minister said in a letter to the chair of the parliamentary Justice Committee released on Wednesday.
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February 18, 2026
Solicitor Can't Escape SRA Case Over Antisemitic Remarks
A solicitor accused of making antisemitic and racist comments and inappropriately touching colleagues during work parties failed on Wednesday to persuade a tribunal to throw out the case against him.
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February 18, 2026
'Reckless' Pensions Bosses Lose Bid To Overturn FCA Ban
A London tribunal has upheld a decision by the financial services regulator to ban two pensions company bosses from working in the sector after concluding that they had "recklessly" funneled savers' money into a high-risk property investment.
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February 18, 2026
EU Regulator Sees Risk In Simplified Sustainability Rules
A markets watchdog called on lawmakers Wednesday to adjust proposed revisions to European sustainability reporting standards to better protect consumers and stop the risk of greenwashing.
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February 17, 2026
Unregistered Tax Advisers May Be Blocked, HMRC Warns
HM Revenue & Customs may block intermediaries who fail to register as a tax adviser, including for corporate and personal tax matters, cutting them off from services, the tax authority said Tuesday.
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February 17, 2026
EU Probes Shein Over Addictive Design And Illegal Products
The European Commission launched an investigation on Tuesday against Shein over the e-commerce platform's addictive design and the measures it has in place to prevent the sale of illegal products such as child-like sex dolls.
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February 17, 2026
Deutsche Bank, Ex-Trader Settle Over Monte Dei Paschi Case
Deutsche Bank has settled a commercial fraud claim brought by a former trading head over his wrongful conviction for aiding false accounting and market manipulation in one of Italy's biggest financial scandals.
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February 17, 2026
EU Blacklists Turks and Caicos, Vietnam As Tax Havens
The European Union blacklisted two countries as tax havens Tuesday over their failure to meet transparency standards and policies encouraging foreign companies and entities to shift their profits overseas.
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February 17, 2026
Law Firm Clayton Mott Fined For Failings On AML Compliance
Clayton Mott will hand over a fine of more than £7,000 ($9,450) to the Solicitors Regulation Authority under a settlement deal after the law firm was found to be violating anti-money laundering compliance rules, the regulator said Tuesday.
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February 17, 2026
Ex-Investment Fund Director Denies Alleged £20M Fraud
A former investment fund director pleaded not guilty to criminal fraud and forgery charges at a London court on Tuesday over allegations that he orchestrated a years-long fraud worth up to £20 million ($27 million).
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February 16, 2026
SRA Faces £400K Bill After SLAPP Conviction Overturned
A media lawyer who managed to overturn a conviction by the Solicitors Regulation Authority for allegedly trying to silence journalists has also won a costs order against the regulator, as the SRA was ordered to pay at least £400,000 ($545,000).
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February 16, 2026
Billionaire Alleges Audit Fraud in £51M Gambling Biz Purchase
An internet betting businessman told a court Monday that the ex-owner of a gambling business he bought orchestrated and concealed a scheme to defraud its auditors, leading to the company losing its license and wiping out his £50.7 million ($69 million) investment.
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February 16, 2026
Carillion's Ex-CEO Hit With Fine Over Misleading Statements
The Financial Conduct Authority said Monday it has fined Richard Howson, former group chief executive at Carillion PLC, £237,700 ($324,000) for his part in misleading statements issued by the international construction company, which is now in liquidation.
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February 16, 2026
PM Law Faces SRA Probe Over Missing Client Money
The Solicitors Regulation Authority said Monday that it is investigating missing client money at PM Law in the latest potential incident involving mishandling of clients' funds by a law firm.
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February 16, 2026
Swiss Lawyer Suspended For Quid Pro Quo Threats To Clients
A solicitor who accused his former clients of breaching sanctions and trading with terrorists after a dispute over fees has been suspended for two years, a tribunal confirmed on Monday.
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February 13, 2026
FCA May Be Forced To Set Lower Fines After Appeal Setbacks
The Financial Conduct Authority might be forced to rethink how it justifies the size of its fines after being forced to cut penalties after referral to the Upper Tribunal, raising questions about its ability to make enforcement decisions stick, legal experts caution.
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February 13, 2026
Blair's Think Tank Urges UK Gov't To End Energy Windfall Tax
The U.K.'s Labour government must phase out the windfall tax on the energy industry and lift the ban on new oil and gas drilling licenses in the North Sea to increase revenue long term, the Tony Blair Institute said Friday.
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February 13, 2026
Media Execs Claim Firing Was For Exposing Ad Overcharges
Two fired executives of a regional newspaper publisher have denied they must repay the company more than £900,000 ($1.2 million) in compensation, claiming they were wrongly forced out of the company for blowing the whistle on the fraudulent overcharging of advertisers.
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February 13, 2026
Watchdog Prioritizes SFO Review After Disclosure Failings
The U.K.'s prosecution oversight body said Friday it would prioritize a planned review of the Serious Fraud Office after it dropped the prosecution of former mining executives in part due to disclosure failings.
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February 13, 2026
Disclosure Haunts The SFO, Posing Challenge For Next Chief
The next director of the Serious Fraud Office must tackle the systemic disclosure failings that haunt its cases or face recurring questions about the agency's credibility after the latest collapse of a prosecution over problems with its handling of evidence, lawyers say.
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February 13, 2026
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen a former U.S. defense contractor convicted of tax evasion face legal action, French football club Olympique Lyonnais sued following a $97 million ruling against its owner John Textor, consulting giant Kroll targeted by a South African airline, and H&M hit with a claim alleging it copied protected sunglasses designs. Here, Law360 looks at these and other new claims in the U.K.
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February 13, 2026
Car Parking Giant Hit With CMA Fine For Ignoring Info Request
The U.K. competition watchdog has fined a car parking giant more than £473,000 ($645,000) for failing to comply with a request to hand over information, rejecting the company's excuse that it thought the request was a scam.
Expert Analysis
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Updated EU Procedure Streamlines Data Transfer Approval
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.
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What Cos. Must Note From FCA Bulletin On Leaking M&A Info
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.
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FCA's Odey Decision Is Wake-Up Call For Financial Firms
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.
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How Ransomware Payment Reforms Could Affect UK Cos.
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.
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Key Takeaways From The 2025 Spring Antitrust Meeting
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.
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Rising To The Task Of Online Safety Act Compliance
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.
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Google Win Illustrates Hurdles To Mass Data Privacy Claims
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.
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What To Know About FCA's UK Listing Rules Proposal
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.
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Opinion
UK Gov't Needs To Take Action To Support Whistleblowing Bill
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.
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Issues To Watch At ABA's Antitrust Spring Meeting
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.
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New UK Short Selling Rules Diverge From EU Regs
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.
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How New EU Product Liability Directive Will Affect Tech And AI
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.
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What Latest FCA Portfolio Letter Means For Payments Firms
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.
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ECB Guide Targets Harmonized Cyber Testing Approach
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.
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Court Backlog Could Alter Work Safety Enforcement Priorities
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.