Corporate Crime & Compliance UK

  • January 29, 2026

    Deutsche Bank Probed For Suspected Money Laundering

    German prosecutors confirmed on Thursday that they are investigating Deutsche Bank AG for suspected money laundering activity linked to foreign businesses. 

  • January 29, 2026

    Howard Kennedy's Ex-Client Can't Challenge £196K Legal Bill

    Howard Kennedy LLP has successfully defeated a former client's challenge to a legal bill of almost £196,000 ($270,000) racked up in connection with Financial Conduct Authority proceedings, as a London court ruled that the man was made aware of the costs.

  • January 28, 2026

    Belarusian Co. Fights To Overturn 'Irrational' UK Sanctions

    A Belarusian construction company urged a London appellate court Wednesday to overturn a decision upholding the U.K. Foreign Office's imposition of economic sanctions on it, arguing that it no longer benefited from or supported the republic's government in Minsk.

  • January 28, 2026

    Lawyers Urge UK Gov't To Expand Anti-SLAPP Laws

    More than 120 lawyers and other representatives of civil society called on Wednesday for the government to include provisions in the next King's Speech for tackling strategic legal claims designed to gag reporting and silence criticism.

  • January 28, 2026

    Coinbase Crypto Ads Banned Over Cost-Of-Living Claims

    The Advertising Standards Authority banned adverts by Britain's largest crypto-asset exchange on Wednesday, saying that they trivialize the risk of cryptocurrency investing by implying it could be an alternative to cost-of-living concerns.

  • January 28, 2026

    Ex-OPEC Head Vowed Oil Execs Would Join Her In Jail

    Diezani Alison-Madueke threatened to expose the oil tycoons who had showered her with lavish gifts after hearing rumors of a plot to "sink" her, vowing to "escort all of you to jail along with myself," prosecutors told a London court on Wednesday.

  • January 28, 2026

    FCA Urged To Clarify AI Rules For Senior Managers

    The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.

  • January 27, 2026

    UBS Wants Hayes' $400M Malicious Prosecution Suit Axed

    UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.

  • January 27, 2026

    Slapped Down: SRA At Crossroads After SLAPP Setbacks

    The string of failed prosecutions brought by the Solicitors Regulation Authority against City lawyers accused of trying to silence journalists on behalf of clients has raised questions about its enforcement strategy, with critics accusing the watchdog of overreaching its rules.

  • January 27, 2026

    Ex-OPEC Head Accused Of Taking Cash, Cars, Jets In Bribes

    Diezani Alison-Madueke lived a "life of luxury" taking bribes that included cash, cars and the use of high-end properties to "favor" executives in Nigeria's oil and gas industry, prosecutors said at the start of her criminal trial in London on Tuesday.

  • January 27, 2026

    Execs Say $22M Investec Loan Breached Sberbank Sanctions

    Two business executives have denied owing Investec Bank PLC almost £22 million ($30.2 million) over loan agreements, arguing that the Anglo-South African lender knew the deals were designed to aid the purchase of a Russian bank's assets in breach of sanctions.

  • January 27, 2026

    Home Office Pressed Over Failure To Explain RTW Fine

    The Home Office must explain how it has determined that someone does not have the right to work in the U.K. when it issues penalty notices to employers, a restaurant argued at Britain's top court on Tuesday.

  • January 27, 2026

    Ex-Biotech CEO Wins New Shot At Whistleblowing Claim

    A London appeals judge has handed the sacked chief executive of a biotechnology company a second shot at his whistleblowing claim, slamming an earlier tribunal's "wholly insufficient" assessment of his claimed protected disclosures.

  • January 27, 2026

    CMA Seeks To Appeal Re-Do Of £70M Pfizer, Flynn Drug Fines

    The Competition and Markets Authority sought permission from the Court of Appeal on Tuesday to challenge a decision that criticized and revised the £70 million ($96 million) in fines it issued to Pfizer and Flynn Pharma for excessive pricing.

  • January 26, 2026

    Scots Law Society Beats Bias Claim Over Conduct Probe

    A tribunal has ruled that the Scottish law society did not discriminate against a qualified lawyer based on his Roman Catholic Christian faith by hastily investigating a complaint of misconduct against him.

  • January 26, 2026

    UK To Create 'British FBI' To Tackle Fraud, Serious Crime

    The U.K. government announced it will create a new national police force dubbed the "British FBI" to investigate fraud by merging the National Crime Agency with other law enforcement agencies.

  • January 26, 2026

    Mail's Spying Gave Me 'Sleepless Nights,' Sadie Frost Says

    Actor Sadie Frost told a London court on Monday that the publisher of the Daily Mail had "violated" her through stories about her personal life, alleging that its journalists had used information gained through unlawful methods such as tapping her landline phone.

  • January 26, 2026

    UK Fines Bank Of Scotland For Russia Sanctions Breach

    The U.K. sanctions policing body said Monday that it has fined Bank of Scotland PLC, which is wholly owned by Lloyds Banking Group, £160,000 ($218,354) for serious breaches of the government's Russia sanctions rules by allowing payments to and from the account of a sanctioned individual.

  • January 26, 2026

    Saudi Arabia Must Pay £3M To Dissident In Spyware Case

    Saudi Arabia must pay more than £3 million ($4.1 million) in damages to a human rights activist critical of the government for "the most acute intrusion" of his private life, involving phone hacking and a targeted assault, a London court ordered Monday.

  • January 26, 2026

    FCA Warns Crypto Sector Against Mistreating Consumers

    The Financial Conduct Authority has warned crypto asset businesses against providing unsuitable products to consumers in draft guidance on applying the Consumer Duty under the crypto asset regime that comes into force in 2026.

  • January 23, 2026

    Insider Trading Presumption Challenged By EU Adviser

    An investment bank does not commit insider dealing merely by executing a client's share sale, unless regulators can show the bank held inside information and acted outside its expected professional standards, an adviser to the European Union's top court has said.

  • January 23, 2026

    Danish Regulator Hits Saxo Bank With $49M AML Fine

    The Danish finance regulator said Friday that it imposed a 313 million Danish kroner ($49 million) fine on Danish bank Saxo over anti-money laundering compliance failures. 

  • January 23, 2026

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

    This past week in London saw Travelers Insurance hit with a claim from a property buyer over a payout tied to collapsed law firm Axiom Ince, Swedish music group Pophouse Entertainment clash with the production company that helped it create the ABBA Voyage experience, and biotech company Vertex Pharmaceuticals sue rival entity ToolGen for patent infringement.

  • January 23, 2026

    Post Office Says Settlement Could Bar Sub-Postmaster's Claim

    The Post Office said Friday that a settlement it reached with people it wrongly prosecuted might bar a former sub-postmaster from suing it over claims it fraudulently obtained a civil judgment against him over an accounting shortfall.

  • January 23, 2026

    FCA Proposes More Standards For Crypto Asset Regulation

    The Financial Conduct Authority proposed Friday further rules on how crypto asset companies should treat consumers under the new regulatory regime for digital assets due for implementation later this year.

Expert Analysis

  • 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.

  • New CMA Powers Will Change Consumer Protection Regime

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    The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.

  • Opinion

    Prospects For New Fraud Prevention Prosecution Look Slim

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    With the Labour Party's inherited patchwork of Conservative Party corporate crime legislation for preventing fraud and corruption, the forthcoming Economic Crime Act’s failure to prevent fraud offense is unlikely to be successful in assisting prosecutors bring companies to justice, says Matthew Cowie at Rahman Ravelli.

  • What's Next After FCA Drops Troubled 'Name And Shame' Plan

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    A closer look at the Financial Conduct Authority's recent decision to toss its widely unpopular proposal changing the test for announcing enforcement investigations may reveal how we got here, why the regulator changed course, and where it’s headed next, say lawyers at Hogan Lovells.

  • What To Note In EU Tech Transfer Agreements Consultation

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    Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.

  • UK Refusal Of US Extradition Request May Set New Standard

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    The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.

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