Corporate Crime & Compliance UK

  • August 26, 2026

    Cyberinsurance Claims Costs Double For UK Companies

    The average cost of a cyberinsurance claim from the U.K.'s largest businesses doubled to $2.2 million in 2025, according to data from insurer Chubb.

  • August 26, 2026

    FCA Bans Trio Over £36M Scheme To Bypass UK Visa Rules

    The finance watchdog said Wednesday that it has banned three former senior figures at wealth manager Dolfin from working in the regulated financial services sector after finding they operated a scheme that helped clients circumvent U.K. visa requirements for investors.

  • August 25, 2026

    Ex-FCA Employee Seeks To Bring Surveillance Challenge

    A former employee of the Financial Conduct Authority who was dismissed for gross misconduct urged a London court Tuesday to allow him to bring a challenge against a specialist tribunal's decision to deny him the chance to sue his former employer for surveilling him.

  • August 25, 2026

    Director Behind £19M Fraud Hit With Forgery Contempt Claims

    The liquidators of a payroll services business persuaded a court on Tuesday to allow them to bring fresh contempt allegations against the company's former director, who allegedly used a forged medical report in order to adjourn an earlier contempt hearing.

  • August 25, 2026

    Solicitor Can't Rejoin Profession After No-Insurance Strike-Off

    A solicitor struck off for dishonesty and practicing without valid insurance failed Tuesday in his bid to return to the profession, after a tribunal reasoned that he had not demonstrated sufficient rehabilitation or exceptional circumstances warranting his restoration to the roll.

  • August 25, 2026

    AI Use By Wealth Managers Ramps Up Financial Crime Risk

    The use of artificial intelligence by wealth managers will amplify weak financial crime controls identified by the Financial Conduct Authority and increase the threat of crime, lawyers warned.

  • August 25, 2026

    Latham-Led Melrose Sets Up $100M Compensation Fund

    Aircraft manufacturer Melrose said Tuesday it has launched a compensation program worth up to $100 million in California following a toxic chemical scare that halved a plant's output and forced the evacuation of residents and businesses.

  • August 24, 2026

    Tribunal Backs High Bar For Whistleblowers, But Grants Appeal

    The Employment Appeal Tribunal has ruled that a hotel staffer fired after 18 days on the job should get another chance at being paid while he pursues his whistleblowing claim, and the court endorsed new guidance setting a "high bar" for success for a growing number of interim relief applications.

  • August 24, 2026

    Fraud Taskforce Chief Shifts Focus Amid 'Systemic' Warnings

    Fraud is a "systemic threat" to financial institutions and must be addressed by governments worldwide to crack international criminal networks, the president of the Financial Action Task Force said Monday.

  • August 24, 2026

    FCA Urges Big Tech To Take 'Proactive' Anti-Fraud Steps

    Big tech companies must pull their weight to stop fraudsters by adopting a more "proactive" approach toward preventing their platforms from being exploited, the Financial Conduct Authority said Monday.

  • August 24, 2026

    Insurers Bid To Pull Petrofac Execs' Cover Before Bribery Trial

    Nine Lloyd's insurers are trying to avoid covering the criminal defense costs of two former Petrofac executives ahead of their bribery trial in October, arguing that the executives failed to disclose matters relating to their alleged offenses as part of their directors' and officers' insurance.

  • August 24, 2026

    SFO's Wagstaff Vows To Hunt Assets For 'As Long As It Takes'

    The Serious Fraud Office will track down illicit money stolen by fraudsters "for as long as it takes" after their conviction to help ensure that crime does not pay, the agency's legal chief said Monday. 

  • August 21, 2026

    Consultant Should Have Flagged VAT Fraud, UK Court Affirms

    A U.K. appeals court backed HM Revenue & Customs' denial of an information technology company's nearly £1.7 million ($2.3 million) value-added tax deduction, holding Friday that the company's consultant should have recognized fraudulent VAT evasion elsewhere in related supply chains.

  • August 21, 2026

    AI Disclosure Reforms May Shift UK Fraud Fight Tactics

    Landmark reforms that hand prosecutors powerful new artificial intelligence tools could ease the disclosure burdens on investigators in economic crime cases but will likely also shift the battlelines with defense lawyers, experts say.

  • August 21, 2026

    Investor Sues AI Imaging Biz Over Board Meeting Ostracism

    A Virgin Islands-based investor has sued a British artificial intelligence medical imaging company for allegedly excluding its appointed observer from board meetings and withholding documents that would allow the investor to monitor its $4 million investment.

  • August 21, 2026

    Prince Harry, Celebs Ordered To Pay £9.5M To Daily Mail

    A London judge ordered Prince Harry and other celebrities Friday to pay the publisher of the Daily Mail more than £9.5 million ($12.9 million) toward its costs in their unsuccessful privacy case, though the final figure could be much higher.

  • August 21, 2026

    NHS Waste Contractor Boss Banned Until 2035

    A former waste disposal boss has been banned from being a director for almost a decade, after a court ruled he stripped millions of pounds from his business. 

  • August 21, 2026

    Young's Brewery Chef Loses Whistleblowing Claim

    The former head chef at a Young's country pub has lost his claim that he was constructively dismissed after raising concerns over safety and food hygiene.

  • August 21, 2026

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

    The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial contract claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.

  • August 20, 2026

    Deutsche Bank Freed From Fed's 2017 Forex-Rigging Order

    The Federal Reserve has terminated a 2017 enforcement action that required Deutsche Bank to pay nearly $137 million over its alleged role in Wall Street's foreign exchange rate-rigging scandals.

  • August 20, 2026

    HMRC Resumes Late-Filing Penalties For Corporate Tax

    HM Revenue & Customs is resuming the issuance of late-filing penalties for corporation tax after pausing the system to incorporate higher rates, the tax authority said Thursday.

  • August 20, 2026

    Director Must Disclose Info For $6M Investment Fraud Claim

    A British business director could face a $6 million fraud claim after a London judge ruled Thursday that he must disclose records from his investment business to the family behind an international textile company.

  • August 20, 2026

    FCA Flags Mini-Bond, Loan Note Risk After Woodville Crash

    The Financial Conduct Authority warned Thursday about the dangers of investing in high-risk loan notes and mini-bonds following the collapse of litigation funder Woodville Consultants Ltd.

  • August 20, 2026

    Ex-Law Firm Manager Struck Off Over Client Account Misuse

    A former manager at a northeast England law firm has been struck off after the firm was shut down by the Solicitors Regulation Authority in 2023, with approximately £451,000 ($615,000) of client money missing because of improper transfers from its client account.

  • August 20, 2026

    Unregulated Finance Firm Faces £55M Fraud Claim

    Two investment firm partners are being sued by a client who claims they ran a £55 million ($75 million) fraud at their new business, more than a decade after they were banned from working for regulated financial services companies.

Expert Analysis

  • New Anti-Corruption Task Force Bolsters Int'l Collaboration

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    The recent creation of an anti-corruption task force by the U.K., France and Switzerland demonstrates a commitment to tackling bribery within national and international frameworks, and organizations within these jurisdictions’ remit, including U.S. companies operating in Europe, should review their compliance practices to ensure they address diverging requirements, say lawyers at Skadden.

  • FCA's Regulatory Plans Signal Cause For Cautious Optimism

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    The Financial Conduct Authority’s latest strategy document plans for less intrusive supervision, a more open and collaborative approach, and a focus on assertive action where needed, outlining a vision of deepened trust and rebalanced risk that will be welcomed by all those it regulates, says Imogen Makin at WilmerHale.

  • How CMA Is Responding To UK Gov't Pro-Growth Agenda

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    With the U.K. government’s recent call for the Competition and Markets Authority and other regulators to better support economic growth, the competition policy landscape is shifting materially toward an emphasis on a more proportionate and targeted approach to merger enforcement, say lawyers at Macfarlanes.

  • US Diversity Policies Present Challenges To UK And EU Cos.

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    Following President Donald Trump’s recent executive orders calling for increased scrutiny of diversity, equity and inclusion initiatives, it is clear that global businesses operating in the U.K. and European Union will need to understand regional nuances to successfully navigate differing agendas on either side of the Atlantic, say lawyers at Jenner & Block.

  • Updated EU Procedure Streamlines Data Transfer Approval

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    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

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    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

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    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • 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.

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