Corporate Crime & Compliance UK

  • October 24, 2025

    Director In £6M Investment Scam Told To Pay £321K

    A marketing company director who was convicted for his part in a £6 million ($8 million) investment scam was ordered by a court Friday to pay back £321,000 or have three years added to his prison sentence.

  • October 24, 2025

    EU Adviser Backs Email Seizures Without Court Approval

    A competition authority can seize company emails without judicial approval as part of an investigation, provided that procedural safeguards are in place to ensure that the power is free from "abuse and arbitrariness," an adviser to the European Union's top court has said.

  • October 24, 2025

    Property Purchaser Can't Revive Simmons & Simmons Case

    A London appeals court denied a prospective property buyer permission on Friday to challenge an earlier finding that there was no case to answer over his allegation that two Simmons & Simmons lawyers had breached money laundering regulations.

  • October 24, 2025

    SRA Plans 'Intrusive' Regulation After Axiom, SSB Failures

    The solicitors' watchdog has warned the profession that it might take "a far more intrusive" approach to regulation after the Legal Services Board penalized it over the collapses of Axiom Ince and SSB Group.

  • October 24, 2025

    SFO Targets 24 Firms In Expanding Timeshare Fraud Probe

    The Serious Fraud Office revealed Friday that it has expanded its investigation into a suspected multimillion-pound timeshare services fraud scheme believed to be linked to an organized crime network, and is now probing 24 U.K.-based companies.

  • October 24, 2025

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

    This past week in London has seen the Financial Conduct Authority launch legal action against a Chinese cryptocurrency exchange, The Londoner magazine face a defamation claim from an entrepreneur accused of "scamming" Knightsbridge landlords, and Gucci sued by its cosmetics supplier as L'Oréal announces plans to buy the Italian fashion house's beauty brand. Here, Law360 looks at these and other new claims in the U.K.

  • October 24, 2025

    Teenagers Accused Of TfL Cyberattack Get 2026 Trial Date

    Two teenagers accused of being behind a cyberattack that cost London's public transportation authority £39 million ($52 million) and caused serious disruption to the network will stand trial in 2026, a judge said Friday.

  • October 23, 2025

    Sisters Disqualified Over £67M Insolvency Avoidance Scheme

    The U.K.'s Insolvency Service has said that it has banned sisters from acting as company directors for seven years for taking part in a scheme which left creditors with combined unpaid debts over £67 million ($89.2 million).

  • October 23, 2025

    Ex-Clifford Chance Pro Hit With £8M Libel Claim By Barrister

    A barrister has sued legal commentator Dan Neidle and his think tank for £8 million ($10.6 million), accusing the former Clifford Chance partner of engaging in a vendetta against him, according to court filings that have now been made public.

  • October 23, 2025

    Companies Hit With 1.85M Complaints In 6 Months, FCA Says

    Complaints to financial services companies rose in the first half of 2025, as the Financial Conduct Authority reported there were 1.85 million cases, up almost 4% from the 1.78 million logged in the second half of 2024.

  • October 23, 2025

    FCA Bans, Fines ITM Power Adviser For Insider Trading

    The Financial Conduct Authority said Thursday that it has banned an adviser for green hydrogen producer ITM Power PLC from working in the financial services sector for insider dealing ahead of a fall in the London-listed company's share price.

  • October 23, 2025

    FCA Sues HTX Crypto-Exchange Over Unlawful Promotions

    The financial services regulator has launched legal action against a Chinese cryptocurrency exchange, accusing the trading platform of unlawfully promoting crypto assets in the U.K.

  • October 22, 2025

    Apple, Google Found To Hold 'Strategic Market Status' In UK

    Britain's competition enforcer confirmed Wednesday that Apple Inc. and Google LLC's mobile platforms have strategic market status, paving the way for new rules meant to safeguard competition and protect consumers and businesses from harmful practices.

  • October 22, 2025

    UK To Crack Down On Fake Immigration Lawyers

    The Home Office detailed plans to combat abuse in the immigration system on Wednesday by giving authorities new powers to confiscate the profits fake immigration lawyers make from providing unlawful advice.

  • October 22, 2025

    BHP Seeks To Block US Testimony In Pogust Goodhead Row

    BHP urged a judge Wednesday to prevent Pogust Goodhead, which represents thousands of claimants in a £36 billion ($48 billion) trial over a Brazilian dam disaster, from obtaining information from a U.S. court in order to support proposed litigation against the Australian mining giant.

  • October 22, 2025

    Lawyers Could See Probes Double As FCA Takes Over AML

    The decision to make the financial watchdog the sole regulator of AML and counter-terrorist financing for professional services providers could be "tricky" for lawyers in the short term, even as some experts predict it might ultimately help to simplify an overly complex regulatory regime.

  • October 22, 2025

    Russian Billionaire Gutseriev Overturns EU Sanctions

    Russian business executive Mikhail Safarbekovich Gutseriev successfully overturned European Union sanctions on Thursday that had been imposed on him since 2021, when the bloc's top court ruled he no longer did significant business in Belarus.

  • October 22, 2025

    FCA Secures £442M For Consumers, Urges More Co-operation

    The Financial Conduct Authority has said that it secured more than £442 million ($590 million) for investors and consumers through redress arrangements, settlements and civil proceedings in the last financial year, and pressed home the benefits of companies taking responsibility for their mistakes.

  • October 22, 2025

    £1.9B Jaguar Cyberattack UK's 'Most Economically Damaging'

    The cyberattack that hit car giant Jaguar Land Rover in August triggered a ripple effect that cost the U.K. an estimated £1.9 billion ($2.5 billion) due to disrupted supply chains, experts said Wednesday, making it the "most economically damaging" digital incident to ever affect Britain.

  • October 22, 2025

    Online Gambling Biz Platinum Fined £10M Over AML Failures

    The Gambling Commission revealed Wednesday that it has handed a fine of £10 million ($13.3 million) to Platinum Gaming Ltd., the operator of unibet.co.uk, for failures in anti-money laundering and social responsibility measures.

  • October 22, 2025

    Barclays Increases Cash For Car Finance Claims To £325M

    Barclays PLC said Wednesday that it has almost quadrupled the amount it will set aside for an industry-wide motor finance compensation program to £325 million ($433 million), while joining a growing number of lenders criticizing the finance watchdog's approach to redress.

  • October 22, 2025

    Oil Co. Loses £44M Costs Appeal Over Fraud At Top UK Court

    Britain's top court rejected on Wednesday an attempt by an energy company to change the currency of its £44 million ($59 million) costs bill after it committed fraud, with the justices calling the dispute a "sorry tale involving human greed and corrupt practices."

  • October 21, 2025

    UK Enforcer Backs Private Immunity For Reporting Cartels

    Britain's competition enforcer told the government Tuesday that leniency applicants who are the first to report cartel activity should be afforded full immunity from damages under the collective actions regime to help boost enforcement efforts.

  • October 21, 2025

    LC&F Sues Over £20M Transfers Linked To Ponzi Scheme

    The administrators of Ponzi scheme bond company London Capital & Finance have sued a payments processing business, accusing it of negligently allowing more than £20 million ($26.8 million) to be diverted from LC&F to the defunct investment firm's former directors and others.

  • October 21, 2025

    Ex-Police Chief Charged With Fraud And Misconduct In Office

    The Crown Prosecution Service revealed Tuesday that a former police chief constable has been charged with fraud and misconduct in a public office after allegedly lying about his military career and education when applying to work for the police.

Expert Analysis

  • Banker Remuneration Proposals Could Affect More Than Pay

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    The Financial Conduct Authority and Prudential Regulation Authority’s pending proposals to reduce banker remuneration restrictions bring obvious personal financial advantages for bankers, but may have repercussions that result in increased scrutiny of bonus payments and wider changes to workplace culture and overall accountability, say lawyers at Fox Williams.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “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.

  • EU Report May Influence Regulation Of Decentralized Finance

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    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.

  • EU Paper Urges Data Protection And Competition Law Unity

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    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.

  • Market Infrastructure Regs Aim To Reinvigorate EU Trading

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    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.

  • The Pros And Cons Of A 2nd Trump Term For UK Tech Sector

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    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.

  • Why EU Omnibus Package Is Receiving Mixed Reactions

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    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.

  • Review Of Computer Evidence Use Raises Complex Issues

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    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.

  • How Proposed Private Share Trading System May Benefit Cos.

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    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.

  • New Bill Introduces Important Whistleblower Protections

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    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.

  • Important Changes To Note In Accountant Ethics Code Update

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    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.

  • What EU Sustainable Category Proposals Will Mean For Funds

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    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.

  • What To Expect As CAT Considers Mastercard Settlement

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    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.

  • Managing Transatlantic Antitrust Investigations And Litigation

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    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.

  • What 2025 Holds For UK, EU Restructuring And Insolvency

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    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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