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Corporate Crime & Compliance UK
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September 29, 2025
Squire Patton Hires 2 White Collar Pros From Paul Hastings
Squire Patton Boggs LLP has expanded its international government investigations and white collar practice in London by hiring two lawyers from Paul Hastings LLP.
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September 22, 2025
Fraudsters Using Court Ruling To Inflate Claims, Allianz Says
Insurer Allianz UK said Monday that fraudsters are inflating claims by exploiting a legal precedent left after a landmark U.K. court ruling on whiplash.
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September 22, 2025
Axis Bank Denies Misleading Marine Co. In Loan Scheme
The Dubai branch of India's Axis bank has hit back against a marine energy company's $41.7 million claim, denying it induced it to participate in a loan to a now-defunct shipping company.
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September 22, 2025
Poland Wants Ex-Gov't Official Extradited Over £63M Fraud
A former Polish government official wanted in Warsaw for an alleged £63 million ($85 million) fraud might not receive a fair trial if he is extradited because of a lack of judicial impartiality, a legal expert warned a London judge on Monday.
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September 22, 2025
Man Cleared Of Fraud Conspiracy After Data Breach Fine
A jury in London has found a man not guilty of conspiring to run a £1.5 million ($2 million) fraudulent investment scheme through front companies and false identities, two weeks after he was fined for a data protection breach.
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September 22, 2025
EU Fund Managers Push For Overhaul Of Crypto-Asset Rules
A trade body for European asset managers urged policymakers Monday to reform the crypto-assets regulatory framework to make capital markets more competitive.
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September 19, 2025
EU-US Data Transfer Ruling Delivers Relief But Not Finality
A recent court decision backing a revamped framework for transferring personal data from the European Union to the United States provided companies with some much-needed comfort after nearly a decade of setbacks although that reprieve might be short-lived as opponents eye a broader challenge to the critical arrangement.
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September 19, 2025
Deutsche Bank Vows To Fight Ex-Staff Over Milan Convictions
Deutsche Bank denied on Friday the incoming London claims of five former employees seeking hundreds of millions of pounds in damages over their now-overturned convictions for aiding false accounting and market manipulation.
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September 19, 2025
Midwife Can't Sue Regulator, Barrister Over Sanction
An employment tribunal ruled that it has no jurisdiction to consider a midwife's bias claims against the profession's regulator, as she had a statutory right of appeal under the regulator's own rules to fight a decision that her ability to practice was "impaired."
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September 19, 2025
UK Gov't Borrowing Hits £18B Ahead Of Autumn Budget
U.K. government borrowing reached £18 billion ($24.3 billion) in August, according to official figures published Friday, adding to pressure for the government to hike taxes in its coming budget.
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September 19, 2025
Ex-Havilland CEO Denies Involvement In Qatari Bond Plan
The former chief executive of Banque Havilland's U.K. branch said Friday at a London tribunal that he had not been involved in a plan to de-peg Qatar's currency from the dollar during a trade embargo, saying he had not instructed a junior employee to create a presentation outlining it.
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September 19, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen brokerage firm ADS Securities file a fresh claim against German entrepreneur Lars Windhorst, AmTrust and Endurance Worldwide Insurance tackle an ongoing £50 million ($67 million) dispute over a failed litigation and insurance scheme, and Howard Kennedy LLP sue the son of a diamond tycoon over a £3.1 million legal bill.
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September 19, 2025
Motor Policyholders To Receive £200M After FCA Steps In
More than 270,000 motorists will receive compensation from their insurers, the Financial Conduct Authority said Friday, after the watchdog stepped in over poor claims handling practices by the sector.
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September 19, 2025
SRA Eyes Stricter Rules On Litigation-Funding Practices
The Solicitors Regulation Authority called for responses from the legal profession on Friday to help it understand consumer risks in litigation-funding for high-volume claims, following the collapse of SSB Group in 2024.
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September 18, 2025
HSBC Analyst Launches Libel Case Over Online Posts
An HSBC analyst has accused a company and its director of defaming him by making false allegations that the analyst was a "serial cheater" and liar who had refused to pay £50,000 ($68,000) debts.
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September 18, 2025
Ex-AllSaints Chair Spared Prison For Contempt Of Court
A court in London has handed the former chairman of AllSaints a suspended prison sentence for contempt of court by breaching a court order and claiming an interest in shares in the high street fashion chain after his fraud allegations were rejected.
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September 18, 2025
Former IoD Director General Banned Over COVID Loan Abuse
The former head of one of the U.K.'s leading business groups has been handed an 11-year director ban for failing to repay a £50,000 ($68,000) COVID-19 Bounce Back Loan she wasn't entitled to.
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September 18, 2025
HMRC Names 5 Accountancy Firms With Tax Avoidance Links
HM Revenue & Customs on Thursday revealed five accountancy firms that took fees for connecting their clients to a tax avoidance scheme.
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September 18, 2025
Ex-Havilland CEO To Testify In Qatar Dispute With FCA
Ex-Banque Havilland SA chief executive Edmund Rowland is due to testify in a dispute with the U.K.'s financial regulator over fines imposed for an alleged scheme to de-peg Qatar's currency from the dollar during a trade embargo, a London tribunal heard Thursday.
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September 18, 2025
Three People Arrested On Suspicion Of Spying For Russia
Three people have been arrested on suspicion of spying for Russia, London's Metropolitan Police Service said on Thursday.
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September 18, 2025
Carter-Ruck Hired By CryptoQueen 'In Furtherance Of Fraud'
Fugitive cryptocurrency scammer Ruja Ignatova instructed Carter-Ruck "in furtherance of fraud," and therefore legal filings linked to the prosecution by the Solicitors Regulation Authority of a partner at the law firm must be made public, a tribunal has ruled.
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September 18, 2025
Allied World Denies Liability In £3M 'Ponzi Scheme' Dispute
An insurer has argued that it does not have to indemnify the liquidators of the business behind an investment plan for more than £3 million ($4 million), arguing there is no evidence that the investment was a Ponzi scheme.
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September 18, 2025
FCA Drops Property Group Probe Despite £55M Client Losses
The financial regulator has ended an investigation into property development investments that lost clients about £55 million ($75 million), deciding that the risk of no returns was fairly put to customers.
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September 18, 2025
Former SFO Case Controller Joins Boutique Law As Partner
A former case controller at the Serious Fraud Office has joined criminal and regulatory specialist firm Boutique Law LLP as a partner.
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September 17, 2025
HMRC Tightens Tax Rules For Umbrella Companies
Recruiters and their clients in the U.K. will be jointly liable for tax avoidance by businesses using umbrella companies to pay temporary workers, Britain's tax authority said in guidance issued Wednesday.
Expert Analysis
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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EU Report May Influence Regulation Of Decentralized Finance
The European supervisory authorities’ recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.
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EU Paper Urges Data Protection And Competition Law Unity
A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.
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Market Infrastructure Regs Aim To Reinvigorate EU Trading
The recently amended European Market Infrastructure Regulation, imposing a requirement on certain financial and nonfinancial institutions to maintain an active EU counterparty account, hopes to incentivize the central clearing of trades, although there are concerns that higher compliance costs will lead to a decrease in competitiveness, say lawyers at McDermott.
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The Pros And Cons Of A 2nd Trump Term For UK Tech Sector
While U.S. President Donald Trump’s protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.
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Why EU Omnibus Package Is Receiving Mixed Reactions
Although the forthcoming European Union omnibus simplification package consolidating corporate sustainability reporting requirements aims to reduce the regulatory burden on businesses, reaction to the proposals has been mixed, and reassurance is needed that these measures will not result in a watering down of the legislation, say lawyers at Peters & Peters.
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Review Of Computer Evidence Use Raises Complex Issues
The Ministry of Justice’s recent call for a review of computer-generated evidence used in criminal proceedings, solicits questions of how such evidence will be defined while also ensuring that changes can withstand technological advances and uphold the effective functioning of the criminal justice system, say lawyers at BCL Solicitors.
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How Proposed Private Share Trading System May Benefit Cos.
The government's proposal for a private securities and capital exchange system intends to enhance market practices and risk tolerances, offering a significant way for firms to free up liquidity by allowing investors to trade existing private company shares, say lawyers at Mishcon de Reya.
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New Bill Introduces Important Whistleblower Protections
If enacted, a bill that proposes the establishment of an independent whistleblower office in the U.K. offering protected disclosures will encourage individual whistleblowers, and alleviate the pressure for companies to investigate complaints, say lawyers at Tenet Law.
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Important Changes To Note In Accountant Ethics Code Update
The Institute of Chartered Accountants of England and Wales' forthcoming code of ethics will bring a number of significant updates to raise standards within the profession, but also risks of professional indemnity claims that could lead to challenges for firms, say lawyers at RPC.
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What EU Sustainable Category Proposals Will Mean For Funds
The European Union Platform on Sustainable Finance’s recent proposals to apply stricter product categorization standards for funds subject to the Sustainable Finance Disclosure Regulation will assist retail investors in selecting sustainable products, and allow advisers to easily match their clients’ preferences, say lawyers at Debevoise.
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What To Expect As CAT Considers Mastercard Settlement
It is expected that the Competition Appeal Tribunal will closely scrutinize the proposed collective settlement in Merricks v. Mastercard, including the role of the case’s litigation funder, as the CAT's past approach to such cases shows it does not treat the process as a rubber stamp exercise, say lawyers at BCLP.
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Managing Transatlantic Antitrust Investigations And Litigation
As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.
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What 2025 Holds For UK, EU Restructuring And Insolvency
European Union and U.K. restructuring developments in 2024, with a new era of director accountability, the use of cramdown tools and the emergence of aggressive liability management exercises, mean greater consideration of creditors' interests and earlier engagement in restructuring discussions can be expected this year, says Inga West at Ashurst.
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What To Know As EU Urges Outbound Investment Reviews
A recent European Commission recommendation urges European Union member states to review outbound investments in certain critical technologies sectors, but does not clarify the next steps for states once information on relevant transactions in third countries is received, say lawyers at Cleary.