Corporate Crime & Compliance UK

  • March 25, 2026

    Odey Denies Trying To Silence Groping Victim In FCA Probe

    Crispin Odey told a London tribunal on Wednesday that he denied trying to stop a member of staff who he had groped from speaking to the Financial Conduct Authority while it investigated his conduct at the hedge fund.

  • March 25, 2026

    UK Mulls Faster Director Bans In Civil Enforcement Shake-Up

    The government floated plans on Wednesday to streamline the civil enforcement powers of corporate watchdogs to ban unscrupulous directors as it warned that as many as one million companies might be fraudulent.

  • March 25, 2026

    CPS Freezes £81M London Flats In Wealth Order Probe

    A Chinese man living in the U.K. has been ordered to explain how he built an £81 million ($108 million) property portfolio in London amid a wider investigation into whether the money was the proceeds of crime.

  • March 25, 2026

    Russian Sanctions Blocked $69M Unicredit Lease Payments

    Unicredit rightly withheld $69.3 million in payments to aircraft lessors for planes stranded in Russia, Britain's top court ruled Wednesday, as it found that the sanctions regime prevented the bank from making payments connected to the supply of aircraft to Russian airlines.

  • March 24, 2026

    Judge Sanctions Searches For Proceeds Of €58M VAT Fraud

    A judge lawfully issued search and seizure warrants against a man convicted in Germany over a €58 million ($67.2 million) value-added tax "carousel" fraud, a London court has held, because there were reasonable grounds to suspect he had invested the proceeds in Bitcoin.

  • March 24, 2026

    Deutsche Bank Seeks To Grill Vik Over Assets In $360M Fight

    Deutsche Bank urged the Court of Appeal on Tuesday to revive its bid to order Monaco-based billionaire Alexander Vik to answer questions about his company's assets, in the latest development in its effort to enforce a judgment debt of more than $360 million.

  • March 24, 2026

    Brazilian Municipalities Can't Take BHP Case To Top UK Court

    BHP may not face criminal contempt proceedings over allegations it filed a case in Brazil to block English claims linked to the Fundão dam collapse, as a London appeals court has refused permission to take the case to the U.K.'s top court.

  • March 24, 2026

    Odey Regrets Coming Across To Staff As 'Creepy Old Man'

    Crispin Odey said on Tuesday that he regrets coming across to young receptionists as a "creepy old man," as his challenge to a ban and fine of £1.8 million ($2.4 million) for thwarting an internal probe into sexual misconduct allegations continues.

  • March 24, 2026

    NCA, Police Arrest 557 In Anti-Fraud 'Operation Henhouse'

    Police arrested 557 individuals in February as part of the Operation Henhouse campaign against fraud, coordinated by the National Economic Crime Centre at the National Crime Agency and City of London Police, the NCA said Tuesday.

  • March 24, 2026

    Mike Lynch's Estate Denied Appeal In HP Fraud Case

    Mike Lynch's estate has been refused permission to challenge a ruling that the entrepreneur fraudulently misled Hewlett Packard Enterprise over its acquisition of his software company as a court found on Tuesday that no proposed ground of appeal had a prospect of success.

  • March 24, 2026

    Bank Of London Fined £2M For Misleading Capital Claims

    The Bank of England said Tuesday that it has fined Bank of London £2 million ($2.7 million) for failing to act with integrity and misleading the regulator on its capital holdings, which included providing several fabricated documents.

  • March 23, 2026

    Brexit Donor Loses Appeal Of Inheritance Tax Bill

    A political donor's bid to secure an inheritance tax exemption on £1.7 million ($2.2 million) in Brexit campaign donations made as lifetime gifts has been dismissed by a London tribunal.

  • March 23, 2026

    Pipe Co. Owes £30K For Catch-22 Dismissal Of Injured Staffer

    An employment tribunal has ordered a manufacturer of sustainable water and energy systems to pay £30,792 ($41,330) to a warehouse operative, after finding he was wrongly fired over unfounded accusations that he was defrauding insurers to receive sick pay.

  • March 23, 2026

    PI Says Hacking Confession In Celebs' Mail Claim Was Forged

    A private investigator testified Monday that his signature had been forged on a witness statement in which he allegedly confessed to phone hacking, and which underpins privacy claims brought by Prince Harry, Elton John and other public figures against the Daily Mail's publisher.

  • March 23, 2026

    Four Men Convicted Of Duping Investors Out Of Millions

    Four men accused of defrauding investors out of millions of dollars in get-rich-quick schemes have been convicted of fraud and money laundering, prosecutors said Monday.

  • March 23, 2026

    Modi Owes $10M For Diamond Firm Loans, Bank Of India Says

    Bank of India told a London court on Monday that jewelry magnate Nirav Modi has failed to pay it $10.7 million after he guaranteed to cover loans to his diamond company.

  • March 23, 2026

    FCA Opens Its Data To Palantir In Fraud Crackdown

    The Financial Conduct Authority said Monday that it will give Palantir Technologies Inc. access to its regulatory data as part of its efforts to crack down on financial crime by using artificial intelligence as a resource. 

  • March 20, 2026

    Misconduct Reports To FCA Double In Number Since 2020

    The number of reports the FCA has received about misconduct by financial services firms has more than doubled in the last five years, law firm Littler has said.

  • March 20, 2026

    FCA Halts Co.'s Operations Due To Manager's 10-Year Ban

    The U.K.'s finance regulator said Friday that it had ordered a consumer credit company to stop operating and to return funds to clients, saying it found that a senior manager at the company had been banned from running a company for a decade.

  • March 20, 2026

    OneCoin Investors Agree To Lift Financier's Asset Freeze  

    Investors pursuing litigation over the alleged $4 billion OneCoin cryptocurrency fraud have struck a deal to lift a worldwide freezing order against a British financier. 

  • March 20, 2026

    Cancer Researcher Convicted For Falsifying Invoices

    An individual involved in cancer research has been fined and hit with community service order after prosecutors accused them of falsifying invoices to inflate reimbursement claims against the European Union. 

  • March 20, 2026

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

    The past week in London has seen an ex-professional footballer revive a dispute with Charles Russell Speechlys, Virgin Media face a group data protection claim after hundreds of thousands of customers' personal details were exposed online for months, and Mishcon de Reya sued by a real estate private equity firm founded by a former Morgan Stanley executive.

  • March 20, 2026

    MFS Faces FCA Probe After Collapse With £1B Debts

    The City watchdog said Friday that it has launched an enforcement investigation into Market Financial Solutions Ltd., a U.K. provider of property loans that collapsed in February with debts of more than £1 billion ($1.3 billion).  

  • March 19, 2026

    SRA Chief Targets Risks To Consumers In 2026

    The Solicitors Regulation Authority will make operational changes and take a more forward-looking approach to identifying risks to consumers, after acknowledging failings in its performance.

  • March 19, 2026

    EU Court Advised To Uphold €20M Canned Veg Cartel Fine

    A European Union advocate general recommended on Thursday that the bloc's highest court dismiss a challenge from a canned vegetable producer to a €20 million ($23 million) fine for cartel activity, suggesting that the EU's competition enforcer didn't miscalculate the fine.

Expert Analysis

  • 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.

  • What To Know As EU Urges Outbound Investment Reviews

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    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.

  • Competition Act Brings Important UK Merger Control Changes

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    Although recently effective sections of the Digital Markets, Competition and Consumers Act provide clarity on the transactions that may attract Competition and Markets Authority attention, some reforms potentially expanding the regulator's scope may be concerning to transacting parties, say lawyers at Fried Frank.

  • How GCs Can Protect Cos. From Geopolitical Headwinds

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    Geopolitical uncertainty is perceived by corporate leaders as the biggest short-term threat to global business, but many of the potential crises are navigable if general counsel focus on what is being said about a company and what the company is doing, says Juliet Young at Schillings.

  • What BT Ruling Will Mean For UK Class Actions

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    The Competition Appeal Tribunal’s recent dismissal of a £1.3 billion mass consumer claim against BT, the first trial decision for a U.K. collective action, reminds claimants and funders of the high bar for establishing an abuse, and provides valuable insight into how pending mass consumer cases may be resolved, say lawyers at Ashurst.

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