Corporate Crime & Compliance UK

  • November 24, 2025

    $18B Spain Claim Was Nixed Over Investment Issue

    The international tribunal that threw out an $18 billion claim brought by a group of Filipinos who accused Spain of stymying their efforts to enforce a $14.9 billion arbitral award against Malaysia concluded that the claimants had not made a protected investment, according to a newly public award.

  • November 24, 2025

    Credit Suisse Denies Role In Tech Exec's Alleged Stock Theft

    Credit Suisse has urged a New York federal judge to let it out of a lawsuit by an Aeva Technologies co-founder who claims the banking giant provided "institutional cover" to conspirators who allegedly stole tens of millions of dollars, arguing that it also fell victim to the scam.

  • November 24, 2025

    SFO's Crypto Probe Marks Shift In Tackling Blockchain Fraud

    The launch by the Serious Fraud Office of its first cryptocurrency investigation signals an appetite for using new resources to crack down on fraud, part of a wider move by U.K. law enforcement agencies to treat blockchain as a mainstream threat, lawyers say.

  • November 24, 2025

    Ex-Trafigura Exec Denies Devising $600M Nickel Fraud

    Trafigura's former head of nickel trading denied conspiring with Prateek Gupta to defraud the company out of $600 million through a sham nickel trade deal, as he gave evidence at the trial on Monday.

  • November 24, 2025

    Sheikh Held Liable For €67M Shares Breach By Top UK Court

    Britain's highest court ruled on Monday that a business tycoon breached his fiduciary duties when he transferred shares out of his wound-up company, and ordered him to hand over €67 million ($77 million) in damages.

  • November 24, 2025

    Fair Work Agency Promised An Extra £1M For Investigators

    The new U.K. labor rights watchdog will get an extra £1 million ($1.3 million) for a team of specialist investigators, HM Treasury has confirmed.

  • November 24, 2025

    Ex-Georgia PM Wins $607M Appeal Over Credit Suisse Fraud

    The Bermudan life insurance arm of Credit Suisse lost its challenge on Monday to a $607 million damages bill it owes to the former prime minister of Georgia as the top court for overseas U.K territories rejected its arguments.

  • November 21, 2025

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen Clyde & Co. face a claim from Yorkshire firm GWB Harthills, a property developer previously investigated over suspected bribery and corruption sue the general counsel and solicitor to HM Revenue and Customs, and sportswear giant Gymshark bring an intellectual property claim against its co-founder's rival company, AYBL. Here, Law360 looks at these and other new claims in the U.K.

  • November 21, 2025

    10-Year Migrant Pathway May Be 'Catastrophic' For Employers

    The government's plan to extend routes to settlement in Britain for migrants to up to 20 years could have "catastrophic consequences" for sponsoring employers and risks tying vulnerable workers to bad bosses for a decade, experts have warned.

  • November 21, 2025

    UK Government Faces Backlash Over Juryless Trial Proposal

    Controversial plans to overhaul criminal law to bar some defendants from electing to be tried by a jury won't succeed in reducing the backlog of cases without long-term funding, and it suggests that the government is no longer able to deliver justice, experts said Friday. 

  • November 21, 2025

    FCA Plans Reduced Reporting To Save Firms £108M A Year

    The Financial Conduct Authority proposed Friday to reduce transaction reporting requirements for 1,400 firms in the financial sector, which would save them an estimated £108 million ($141 million) a year.

  • November 21, 2025

    Ex-Reform UK Politician Gets 10 Yrs Over Pro-Russian Bribes

    The former leader of the Reform UK party in Wales was sentenced to over 10 years imprisonment on Friday for receiving corrupt payments in exchange for supporting Russian causes in speeches made when he was a member of the European Parliament.

  • November 21, 2025

    Teenagers Deny Carrying Out TfL Cyberattack That Cost £39M

    Two teenagers denied on Friday that they carried out a cyberattack on Transport for London that plunged the network into chaos and cost the transportation authority £39 million ($51 million.)

  • November 20, 2025

    UK Ties Vast Money-Laundering Scheme To Russian Military

    Criminals operating in at least two dozen U.K. cities and towns are behind a billion-dollar money-laundering network turning dirty cash into cryptocurrency to fuel Russia's military, evade sanctions and further the global drugs trade, British investigators said Friday.

  • November 20, 2025

    Alleged Fraudster Wins Bid To Challenge Sweden Extradition

    A U.K.-based man charged with fraud in Sweden was given a chance on Thursday to challenge a court order allowing his extradition to Sweden, after he argued that the court did not properly assess the risk of inhumane treatment in Swedish prisons.

  • November 20, 2025

    Solicitor Lied To Client's Wife About Seized Funds, SRA Says

    A criminal defense solicitor lied to an imprisoned client's wife by concealing the fact he was holding on to funds belonging to the client, the Solicitors Regulation Authority told a tribunal Thursday.

  • November 20, 2025

    StanChart Appeals Disclosure Order In £1.5B Sanctions Case

    Standard Chartered on Thursday relaunched a fight to withhold regulatory documents from investors that are suing the bank for £1.5 billion ($2 billion), as they allege that the lender made untrue or misleading statements about its noncompliance with sanctions.

  • November 20, 2025

    SFO Launches Probe Into $28M 'Crypto Hedge Fund'

    The Serious Fraud Office arrested two men and opened a criminal investigation on Thursday into the collapse of a $28 million cryptocurrency scheme over suspected fraud after plans to create a "crypto hedge fund" failed. 

  • November 19, 2025

    Trademark Infringements Dominate £500M UK Counterfeit Haul

    Britain's border control agency seized counterfeit goods worth more than £500 million ($654 million) between 2021 and 2023, with trademark infringement continuing as the most common intellectual property violation, a government report has revealed.

  • November 19, 2025

    FCA Says 3 Arrested In Suspected Fraudulent Debt Probe

    The Financial Conduct Authority said Wednesday that three individuals have been arrested as it investigates suspected "unauthorized debt activity" that it believes targeted people facing repossession proceedings.

  • November 19, 2025

    Russian Tech Co. Hit With Sanctions Over Ransomware Links

    The U.S., U.K. and Australia on Wednesday announced coordinated sanctions on Russia-based Media Land LLC and employees of the so-called bulletproof hosting service over allegations that the business has acted as a key enabler for ransomware attacks.

  • November 19, 2025

    WH Smith CEO Quits Over North America Accounting Error

    WH Smith PLC's chief executive stepped down with immediate effect on Wednesday, after an independent review by Deloitte LLP found that the company's North American division made an accounting blunder that overstated profits by as much as £50 million ($65.4 million).

  • November 19, 2025

    Lloyds Trims Arena TV Liquidators' £1.3B Fraud Case

    Lloyds Bank PLC convinced a London court on Wednesday to ax a chunk of the £1.3 billion ($1.7 billion) in claims that accused the lender of failing to spot an alleged fraud by directors at a broadcast equipment company.

  • November 18, 2025

    Employers Bracing For Impact As EU AI Act Deadline Nears

    Less than a fifth of employers feel very prepared to comply with European Union artificial intelligence regulations despite widespread awareness of how upcoming rule changes will affect workers, according to a report published Wednesday.

  • November 18, 2025

    BHP Dam Case Highlights Legal Risk For UK Businesses

    A landmark ruling holding mining giant BHP liable for a catastrophic dam collapse in Brazil signals the English courts' growing readiness to hold U.K.-based multinationals to account for harm overseas.

Expert Analysis

  • A Softer Tack For Online Ads Marks Next Step In Data Reform

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    While the initiative of the U.K. Information Commissioner's Office to relax enforcement of advertising cookie consent represents a welcome attempt to balance privacy protection and commercial realities, several questions remain that will limit companies' ability to benefit from the U.K. proposals, say lawyers at Skadden.

  • CMA App Store Mandates Fall Short Of Regulatory Ambitions

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    The Competition and Markets Authority's recent proposals to loosen Google and Apple’s mobile platform duopoly are a far cry from the assertive and wide-reaching interventions that advocates of the Digital Markets Unit had hoped to see from the new competition regulator, says Ronan Scanlan at Steptoe.

  • Catching Up On Simplified EU Sustainability Disclosure Rules

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    A recent proposal to streamline implementation of the EU’s Taxonomy Regulation contains measures that would reduce companies’ sustainable investment reporting and compliance requirements, and better support the EU’s climate and environmental goals, say lawyers at Proskauer.

  • Cos. Must Take Action As Corporate Enforcement Evolves

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    The Serious Fraud Office's renewed vigor toward proactive corporate enforcement, as evidenced by its recently affirmed commitment to collaboration with the U.S. on cross-border investigations, means that organizations must solidify their antibribery and corruption frameworks to remain ahead of fast-moving regulatory and legislative initiatives, say lawyers at Weil.

  • UK Reforms Investment Rules, But Clarity Concerns Remain

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    The U.K. government’s recent reforms to the National Security and Investment Act 2021 demonstrate a continuing pragmatic approach by requiring fewer deal filings, but the regime would benefit from more clarity in key areas, say lawyers at McDermott.

  • Fraud Law Puts Fund Managers Under Compliance Spotlight

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    The new failure to prevent fraud offense, effective Sept. 1, may not represent a material departure from most managers’ duties to exercise due care in preventing loss to the assets they manage, but the prospect of criminal liability should sharpen their compliance focus, says Andrew Henderson at Goodwin Procter.

  • CMA Pricing Guide Signals Shift In UK Consumer Protection

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    The Competition and Markets Authority’s recent draft price transparency guide, as part of a wider reform introduced by the Digital Markets, Competition and Consumers Act 2024, represents a significant change in U.K. consumer protection by targeting unfair trading practices and strengthening enforcement mechanisms, says Felicity Forward at Shoosmiths.

  • 8 Compliance Team Strategies To Support Business Agility

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    Amid new regulatory requirements across the globe, compliance functions must design thoughtful guardrails that help business leaders achieve their commercial objectives lawfully — from repurposing existing tools to using technology thoughtfully — instead of defaulting to cumbersome protocols that hinder legitimate business, says Theodore Edelman at GCE Advisors.

  • What To Note From FCA, Gov't Financial Growth Proposals

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    Recent Financial Conduct Authority and government proposals for financial services reform are positive developments for firms, signaling a drive to push forward growth and a willingness to be flexible in areas of regulation that the industry has long raised as barriers, say lawyers at Simmons & Simmons.

  • How Accessibility Act Is Reshaping EU Digital Compliance

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    In adding binding requirements to digital spaces, the recently enacted European Accessibility Act aims to harmonize rules and promote digital inclusion across the EU, a departure from earlier frameworks that relied on voluntary standards for businesses, say lawyers at Greenberg Traurig.

  • Opinion

    Managers' Expanded Corp. Liability Proposal Is Too Vague

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    The Crime and Policing Bill 2025, currently under consideration by the House of Lords, implements a dramatic expansion of managers’ corporate liability in ambiguous provisions that may lead only to cumbersome and unintended consequences for companies, says Vanessa Reid at Corker Binning.

  • What Gov't Report Tells Lawyers About Continuing AML Risks

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    The U.K. government’s recent national money laundering risk assessment maintains conveyancing, company service work and misuse of client accounts as key threats, underscoring that law firms should expect renewed scrutiny and higher expectations in these high-risk areas, says Harriet Holmes at Thirdfort.

  • Russia Sanctions Spotlight: Strengthening Enforcement

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    The Office of Financial Sanctions Implementation’s proposed changes to its enforcement process by increasing monetary penalties, and introducing schemes to encourage cooperation, suggest that businesses should expect an expansion of financial sanctions enforcement, says Alexandra Melia at Steptoe.

  • What EU GPAI Compliance Code Will Mean For Developers

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    The European Union recently released a code of practice to guide compliance for general purpose artificial intelligence models, offering early adopters regulatory deference, but posing timing concerns and significant costs burdens that may discourage smaller developers, say lawyers at Perkins Coie.

  • How Top Court Ruling Limits Scope Of Motor Finance Claims

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    The U.K. Supreme Court’s recent ruling in a landmark case concerning car finance commissions clarifies when and how a dealership’s fiduciary duties arise, considerably narrowing that path for mass consumer litigation and highlighting how an upcoming Financial Conduct Authority redress scheme will seek to balance consumer, lender and market interests, say lawyers at Cadwalader.

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