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Corporate Crime & Compliance UK
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April 17, 2026
Ex-Goldman Banker Must Pay Back £400K Legal Aid Funding
A former Goldman Sachs banker must repay almost £400,000 ($534,000) in legal aid funding after being sentenced for contempt of court, an appeals court ruled on Friday as it rejected his case that the recovery regime caused inconsistent results.
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April 17, 2026
Whistleblowing On Minimum Wage Breaches At New High
A growing number of whistleblowers are reporting employers they believe are not paying the national minimum wage as reports rose to a five-year high of more than 7,600 in 2025, according to data obtained from HMRC.
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April 17, 2026
EU AML Body Seeks Baseline Rules For Firms' Risk Reviews
The European Union's financial crime watchdog has proposed fresh requirements on how companies should review their money laundering and terrorist financing risks, saying that business-wide assessments should at a minimum set out a clear overview of their legal and operational structure.
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April 17, 2026
Retailer Biz Can't Block UniCredit's €42M Russian Asset Fight
A retail outlet owner can't block Russian proceedings by AO UniCredit aimed at taking some of the retailer's approximately €42 million ($50 million) property portfolio, as an appeals court ruled Friday that the bank did not breach an agreement to arbitrate.
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April 17, 2026
Richard Desmond Loses £1.3B UK Lottery License Fight
A group owned by former media magnate Richard Desmond said Friday it would appeal the loss of its £1.3 billion ($1.7 billion) claim against the gambling regulator after a judge ruled that the watchdog's process of awarding the National Lottery license was lawful.
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April 16, 2026
£382M Fish Cartel Class Action Refused Over Class Rep Fees
A U.K. tribunal has refused permission for a £382 million ($517 million) class action alleging that fish producers artificially inflated salmon prices, concluding the class representative's £300 hourly fee suggested "a motivation beyond pursuing the interests of the class."
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April 16, 2026
Gov't Reports Capita Over Pension Data Breach
The government has reported the new administrator of the Civil Service Pension Scheme to the Information Commissioner's Office over a data breach, amid growing official frustration over a botched handover.
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April 16, 2026
UK Ship Financier Charged With Russia Sanctions Offenses
A British accountant has been charged with breaching sanctions imposed on him linked to his alleged involvement in Russia's "shadow fleet," the U.K.'s National Crime Agency has said.
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April 16, 2026
SRA Probes Firms Accused Of Fake Gay Asylum Claims
The Solicitors Regulation Authority said Thursday that it is investigating two law firms accused of advising migrants to fake being gay to claim asylum in the U.K.
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April 16, 2026
Glencore Can Shield Internal Legal Prep Docs In Investor Case
Glencore does not have to disclose internal communications whose primary purpose was to obtain legal advice in its legal battle with investors who said they were misled about wrongdoing, as a court held on Thursday that they were covered by legal privilege.
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April 16, 2026
UK Sanctions Body Unveils 3-Year Plan To Speed Probes
The state sanctions watchdog has unveiled a three-year plan to accelerate enforcement, aiming to submit 90% of new investigations for a decision within 18 months of opening them.
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April 16, 2026
Interim SFO Chief Outlines 'Pivotal' Year Tackling Disclosure
The interim director of the Serious Fraud Office said Thursday that 2026-2027 will be a "pivotal year" for the white collar agency as it tackles disclosure problems, launches its first-ever case management system and focuses on international cooperation.
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April 15, 2026
UBS Must Reveal Atty Comms In Ex-Trader's $400M Libor Suit
A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.
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April 15, 2026
UK Moots NDA Ban Exemption If Workers Agree In Writing
The government is weighing exemptions to its proposal to ban non-disclosure agreements in cases of workplace harassment and discrimination, suggesting Wednesday that such NDAs could be valid if staff agree in writing.
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April 15, 2026
Intelligence Firm Will Hand Deripaska Source Of 'Fake' Report
A business intelligence company agreed on Wednesday to disclose to Oleg Deripaska the source of an allegedly forged report that the Russian oligarch's former business partner used in a bitter legal dispute between the two men.
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April 15, 2026
Arms Broker Denies Criminality Over Libya, Sudan Deals
A man accused of being involved in schemes to traffic weapons without a license to countries including South Sudan and Libya told a London jury Wednesday that they should not convict him just for being involved in arms dealing.
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April 15, 2026
Builders Brace To Fight Tax Fraud 'Should Have Known' Test
Britain's tax agency has begun to wield strengthened enforcement powers to combat tax fraud in the construction industry after reforms that lawyers warn could trigger disputes as businesses challenge whether they meet the regime's contentious "should have known" test.
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April 15, 2026
Collapsed Pensions Biz Misused Clients' Money, FCA Says
The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.
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April 15, 2026
AI Reshaping Cyber Insurance Risk, Report Warns
Rapid advances in artificial intelligence are increasing the speed, scale and coordination of cyberattacks and introducing new risks for insurers, according to a report by a risk analytics platform.
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April 15, 2026
AA Hit With £5M Fine Over Hidden Driving Lesson Fees
The U.K.'s competition watchdog has fined the AA, the motoring association, almost £5 million ($6.8 million) after finding that lesson booking fees were hidden from learner drivers.
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April 15, 2026
TV Property Developer Faces 2028 Trial Over £2M Fraud
A property developer will have to wait until 2028 to face trial over allegations that he defrauded a U.S. rental company out of £2 million ($2.7 million), a judge said at a London court hearing on Wednesday.
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April 15, 2026
Plane Lessor, Reinsurer Settle $23M Claim Over Jet In Russia
An aircraft lessor and a reinsurer have reached a settlement to pause part of a multimillion-dollar dispute over a plane stranded in Russia after the invasion of Ukraine, while the wider case continues.
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April 14, 2026
Ex-Unite Legal Boss Widens Appeal Of Fraud Probe Sanction
Unite the Union's former legal chief won permission on Tuesday to expand his appeal against his failed claim that he was unfairly disciplined and forced to quit amid suspicion he was involved in bribery, money laundering and fraud at the trade union.
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April 14, 2026
FCA Bans Motor Finance Ads Misusing Martin Lewis Clips
The Financial Conduct Authority said Tuesday that it has banned advertisements from a claims management company for using its logo without permission and unauthorized clips of the founder of MoneySavingExpert to make "misleading claims about average motor finance compensation."
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April 14, 2026
Fire Alarm Biz Boss Banned Over £327K Tax Dodging
The owner of two fire alarm companies has been banned from running businesses for six years after dodging more than £327,000 ($444,000) in income tax and value-added tax owed to the U.K.'s tax authority, the Insolvency Service said Tuesday.
Expert Analysis
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How EU Reforms May Affect Copyright, AI Balance
The European Parliament’s recently proposed resolution calling on the European Commission to address the intersection between copyright and generative artificial intelligence will have implications for companies developing technology, whose compliance costs will soar, and rights holders, for whom great opportunities may lie ahead, says Pasquale Tammaro at BonelliErede.
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FCA's HTX Action Shows Crypto Ad Rules Must Be Followed
The Financial Conduct Authority’s London High Court action against global crypto-exchange HTX for illegally promoting its services to U.K. consumers sends the message that it will pursue those who flout the rules from a distance and will be key in testing the extent of the U.K.’s regulatory perimeter, says Nick Barnard at Corker Binning.
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UK Territories May Yet Prevail On Ownership Disclosure
Despite its recently launched anti-corruption strategy, the U.K. government appears to have little appetite in the short term to impose fully public ownership registers on the overseas territories, a position that will be welcomed by advisers and individuals, says Rupert Cullen at Allectus Law.
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New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks
In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.
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FCA Enforcement Newsletter Reflects Shift Toward Openness
The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.
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How UK Gov't Proposes To Streamline CMA Regime
The Department for Business and Trade’s planned overhaul of the Competition Market Authority’s regime will introduce a series of targeted procedural changes aimed at improving efficiency and engagement, raising questions around procedural safeguards and jurisdictional thresholds, say lawyers at Baker Botts.
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Decoding Arbitral Disputes: US Cert Denial And EU Strategy
The U.S. Supreme Court recently denied certiorari in Russia v. Hulley Enterprises, leaving in place the D.C. Circuit's opinion supporting jurisdiction in the $50 billion arbitration award challenge, and intensifying litigation exposure for the European Union's strategy of contesting the enforceability of intra-EU awards abroad, says Josep Galvez at 4-5 Gray's Inn.
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Examining EU Data Watchdog's E-Commerce Account Guide
Lawyers at Gibson Dunn take a look at the European Data Protection Board’s recently adopted recommendations regarding the mandatory creation of user accounts on e-commerce websites, and address the regulator's assessment of when they may be justified under the General Data Protection Regulation.
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EU AI Act Conformity Key For Cos. Despite Enforcement Delay
The European Data Protection Board-European Data Protection Supervisor’s recent joint opinion, posted in response to the European Commission’s proposal to delay EU Artificial Intelligence Act implementation, captures some of the core worries raised that postponement may affect fundamental rights protections and further undermine legal certainty, say lawyers at ZwillGen.
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EU Foreign Subsidies Guide Brings Clarity And Questions
The European Commission’s long-awaited EU Foreign Subsidies Regulation guidelines provide helpful clarifications for companies, but with many areas remaining broadly framed, uncertainty may continue to deter investments and increase the compliance burden on organizations, say lawyers at Hogan Lovells.
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FRC Audit Proposals Reaffirm Support For Economic Growth
The Financial Report Council’s recent proposals to prioritize audit enforcement, supervision and market reform will reward audit firms that self-police and proactively admit auditing standard breaches, signaling its aims to change the market landscape and encourage investment, say lawyers at RPC.
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How FCA's Client Reforms May Boost Investment Access
The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.
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Irish Consumer Law Proposals Expose Concerns Over Privacy
The Irish government’s recent proposals to amend and clarify competition and consumer law would allow new investigative powers and greater financial sanctions, leading to concerns from businesses whether the benefits outweigh the privacy risks, says Kate McKenna at Matheson.
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Where PCAOB Goes Next After A Year Of Uncertainty
The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.
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Nigeria Ruling Offers Road Map For Onerous Costs Requests
The Court of Appeal's judgment in Nigeria v. VR Global Partners is significant because it tests the extent to which a court may prioritize accessibility and its own resources over a judgment creditor's desire for immediate recourse, says Josep Galvez at 4-5 Gray's Inn Square.