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Corporate Crime & Compliance UK
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September 12, 2025
Ankle Tag Co. Says Ex-CEO Forged Docs To Hide Wrongdoing
A British ankle tag maker has accused its former chief executive of forging documents to cover up wrongdoing, adding to its £320 million ($434 million) claim that she hid her interests in the company's shareholders and diverted millions from the business.
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September 12, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen former Master Chef presenter Gregg Wallace sue the BBC, Elon Musk's xAI take legal action against a staff engineer, and fashion mogul Kevin-Gerald Stanford file a fresh claim against Lion Capital-owned Klotho and EY amid a long-running All Saints share acquisition dispute.
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September 12, 2025
Barrister Disbarred Over False Claims About Oxford Degree
A London legal disciplinary tribunal disbarred a King's Counsel barrister on Friday for falsely claiming that he had studied medicine at the University of Oxford when he applied for tenancy at a chambers in 2013.
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September 12, 2025
Class Rep Says £650M Motorola Claim Should Be Opt-Out
The representative of a £650 million ($881 million) collective action against Motorola urged a London tribunal on Friday to certify the unfair pricing case as an opt-out claim, arguing that this would prevent alleged victims from being denied justice.
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September 12, 2025
Travelers Sued For £5.8M Client Funds Lost In Axiom Collapse
A property buyer has sued Travelers for a £5.8 million ($7.9 million) insurance payout under its policy with Axiom Ince, telling a London court that the company had misappropriated his payment for an apartment before collapsing into administration.
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September 12, 2025
UK Law Enforcement Seizes Record £285M In Dirty Money
Law enforcement agencies seized a record £285 million ($386 million) in dirty money in 2024, with much of the cash reinvested in front line policing as a substantial portion was handed back to victims, according to the government.
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September 11, 2025
Google, Apple Fight Proposed UK App Ranking, Pay Mandates
Apple and Google both pushed back on proposals by United Kingdom antitrust authorities to stop the companies from boosting their own apps and using commission-based payment systems but took slightly different approaches, according to separate responses made public Thursday.
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September 11, 2025
FIFA Lifts Lid On Sports Disputes With New Legal Database
The worldwide governing body of soccer has launched a free, searchable digital database of soccer-related cases adjudicated by the Court of Arbitration for Sport and the Swiss Federal Tribunal going back to 2002 in an effort to promote transparency in sports law.
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September 11, 2025
FCA Official Outlines Risk-Based Approach To Financial Crime
Fighting financial crime isn't a barrier to growth but a prerequisite for economic investment, a senior official at the Financial Conduct Authority said on Thursday, as he outlined plans to take a "risk-based" approach to cracking down on fraud.
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September 11, 2025
SRA Fines Law Firms Over Absent AML Client Risk Checks
The Solicitors Regulation Authority has fined a law firm £13,690 ($18,570) and another £4,282 over their eight-year-long failure to assess the money laundering risk of clients, damaging public trust in the solicitors' profession.
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September 11, 2025
Chelsea FC Hit With 74 Charges Over Agent Payments By FA
The Football Association brought 74 charges against Chelsea Football Club on Thursday, alleging that the Premier League outfit had breached regulations on payments to agents and third-party investment in players between 2009 and 2022.
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September 11, 2025
Pensions Watchdog Urges Vigilance On 'Impersonation Fraud'
The retirement savings watchdog has urged pensions chiefs to tighten security amid a rising trend in which scammers attempt to pass themselves off as members of a retirement savings plan.
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September 11, 2025
'Digital Bandit' Loses Appeal Against Hacking Spree Findings
An English appeals court upheld on Thursday findings that a 20-year-old man suffering from severe autism hacked technology giants Uber, Nvidia and Rockstar Games, ruling that although it was unfair that jurors had learned about his previous convictions it didn't undermine the result.
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September 10, 2025
DOJ Must Hand Over Documents To Ex-JPMorgan Trader
A Washington, D.C., federal judge has ruled that the U.S. Department of Justice did not properly withhold portions of documents that reference grand jury exhibits from a former JPMorgan trader that were part of a market manipulation case that he beat in 2018, and ordered the DOJ to turn over the documents in question.
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September 10, 2025
Waste Co. Loses Bid To Inspect Search Warrant Details
A waste management company has failed to gain access to material used to obtain a search warrant for a probe by the U.K.'s competition regulator after a London tribunal ruled that the public interest in regulators being able to effectively investigate outweighed the company's interests.
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September 10, 2025
Ex-Ukrainian President Loses Fight To Lift EU Sanctions
Former Ukrainian President Viktor Yanukovych lost his fight to shake European Union sanctions Wednesday, with a court finding that he "clearly contributed to the destabilization" of the country by calling for Russian military intervention and plotting to oust Volodymyr Zelenskyy.
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September 10, 2025
FCA Hauls 3 'Finfluencers' To Court For Illicit Forex Promotion
Three individuals charged with advertising unauthorized investment opportunities in foreign exchange markets on social media made their initial court appearance Wednesday as part of what the Financial Conduct Authority said was a wider global crackdown on illegal online promotions.
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September 17, 2025
Twenty Essex Adds 4 New Barristers After Pupillages
Twenty Essex has revealed that four new barristers have joined its chambers after completing their pupillages, adding experience from New York through to Australia.
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September 10, 2025
Tribunal Warns Fee Disputes Could Undermine CPO Regime
The chair of a U.K. competition tribunal raised concerns Wednesday about the effect "another" fee dispute between funders and lawyers could have on the collective actions regime during a hearing on unclaimed damages from a claim over train fares.
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September 10, 2025
Abramovich Loses Appeal To EU Sanctions Over Evraz Ties
Roman Abramovich failed to lift European Union sanctions against him on Wednesday as judges ruled they are justified because the oligarch is a main shareholder in the steel company Evraz, one of the largest taxpayers in Russia.
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September 10, 2025
Meta, TikTok Win Legal Challenge Over EU Supervisory Fees
Meta and TikTok won a legal challenge on Wednesday over the way the European Commission calculates the fees it charges to cover the cost of supervising large technology companies, as a court ruled that the executive body had got the process wrong.
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September 10, 2025
MoD Programs Tainted By Bribery Given Clean Bill Of Health
The public spending watchdog gave two major U.K. defense programs implicated in a sprawling bribery probe a clean bill of health on Wednesday, sparking criticism from campaigners that its report was whitewashing serious, state-endorsed corruption.
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September 09, 2025
Barrister Says KC Made Claim Of Medical Studies At Oxford
A barrister told a disciplinary tribunal on Tuesday that a King's Counsel claimed to have studied at the University of Oxford as part of a trial over allegations that the silk dishonestly asserted that he attended the institution and qualified as a doctor.
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September 09, 2025
Criminal Defense Solicitor Accused Of Falsifying Time Logs
A former solicitor at a criminal defense law firm has been referred to a disciplinary tribunal over allegations of false time recording, the Solicitors Regulation Authority has said.
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September 09, 2025
FCA Puts Brakes On 400 Misleading Auto Finance Payout Ads
The Financial Conduct Authority said Tuesday that it has curbed hundreds of promotions by claims management companies that have overstated the compensation available to consumers in the wake of rulings over motor finance fees.
Expert Analysis
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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.
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Competition Act Brings Important UK Merger Control Changes
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.
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How GCs Can Protect Cos. From Geopolitical Headwinds
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.
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What BT Ruling Will Mean For UK Class Actions
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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Navigating PRA's Data Request For Crypto-Asset Exposure
The Prudential Regulation Authority’s recent data request for details on financial institutions' crypto-asset exposures should be used as an opportunity for firms to update their compliance procedures, and consider the future use of crypto-assets and related services, says James Wickes at RPC.