Corporate Crime & Compliance UK

  • November 27, 2025

    Barrister Says Hacker's Negligence Claims Are Baseless

    A barrister has denied claims that he negligently gave advice to a former chief technology officer who was found guilty of hacking a previous employer, arguing that the cyberattacker's arguments were simply bad law and weren't going to succeed. 

  • November 27, 2025

    Payment Providers Face Liability Under New EU Fraud Rules

    The council and parliament of the European Union agreed on Thursday that payment service providers will be held liable if they do not use modern and improved methods for preventing the sector from facilitating fraud.

  • November 27, 2025

    Trader Hid Fraud As Nickel Prices Soared, Trafigura Says

    A metals trader denied allegations on Thursday that he tried to cover up his alleged nickel fraud against Trafigura when prices shot up in 2022, repeating his accusation that the commodities supplier knew it was trading in sham metal and was in on the scheme.

  • November 27, 2025

    SRA Issues Scams Alert As Solicitors' Firm Hit By Fraud

    The Solicitors Regulation Authority has issued a warning after scammers used a law firm's name and credentials to set up a fraudulent website offering help with bringing claims over housing disrepair.

  • November 27, 2025

    Insolvency Service Gets Extra £25M To Tackle Rogue Directors

    The Insolvency Service has described its additional £25 million ($33 million) in government funding over the next five years as a welcome boost to its bid to weed out rogue directors in Britain.

  • November 26, 2025

    SFO Expands Guidance On Corporate Compliance Evaluation

    The Serious Fraud Office on Wednesday updated guidance for scenarios in which it may need to evaluate an organization's compliance programs, expanding on how it weighs whether a prosecution is in the public interest or if it should consider a deferred prosecution agreement.

  • November 26, 2025

    Fugitive Forfeits £765K Over Halifax Mortgage Fraud

    A London court on Wednesday ordered the confiscation of more than £765,000 ($1 million) from a fugitive convicted of mortgage fraud who had lied about the finances of his business to secure a loan from Halifax PLC.

  • November 26, 2025

    UK Launches Reward Program For Tax Fraud Whistleblowers

    The U.K. government launched a reward program on Wednesday for whistleblowers who report large-scale tax fraud to HM Revenue and Customs, offering informants significant payouts if investigators can claw back sizable amounts of tax.

  • November 26, 2025

    London Court Nixes Bid To Halt UniCredit's Russian Arbitration

    A London court has rejected an attempt by a fashion retail outlet owner to block UniCredit from continuing arbitration proceedings in Russia aimed at taking some of its roughly €42 million ($49 million) property portfolio.

  • November 26, 2025

    FCA Charges 2 With Insider Dealing Linked To Takeover

    The Financial Conduct Authority said Wednesday that it has started criminal proceedings against two men for allegedly making £70,000 ($93,000) from insider dealing linked to the £969 million takeover of a former property investment trust listed in London.

  • November 26, 2025

    Betting Biz SportPesa Defeats Fraudulent Stake Dilution Case

    Online betting company SportPesa has defeated a claim brought by its former chair, as a judge found that there was no evidence of an unlawful scheme to dilute his valuable stake in the company.

  • November 26, 2025

    Trafigura Nickel Trader Planned $600M Fraud, Gupta Testifies

    Metals trader Prateek Gupta on Wednesday denied defrauding Trafigura out of $600 million in a nickel scam, saying during cross-examination that the alleged fraud was instigated by Trafigura and that he was merely "following instructions."

  • November 26, 2025

    Barrister Disbarred For Misleading Client In Fees Scheme

    A tribunal has ordered a barrister to be disbarred after it found that he had deceived a client into paying fees for legal work to a bank account in his name, the Bar Standards Board said Tuesday.

  • November 25, 2025

    4 Things To Watch As UK Releases Budget

    The U.K.'s Labour government is set to release an autumn budget Wednesday that faces a test of balancing a pledge not to raise working people's taxes with an expected need to boost revenue to meet fiscal rules. Here are four things to watch for as the budget is issued.

  • November 25, 2025

    FCA Engages With WH Smith After North America Profits Error

    The Financial Conduct Authority revealed Tuesday that it is speaking with WH Smith after an independent review by Deloitte found that the company's North American division made an accounting blunder that overstated profits by as much as £50 million ($65.4 million).

  • November 25, 2025

    NCA Files Claim Against Withers, Tycoon Over £50M Trust

    The National Crime Agency has filed a High Court claim against a politician and tycoon and a subsidiary of Withers amid a dispute over his £50 million ($66 million) London property portfolio, which is held in trust by the law firm.

  • November 25, 2025

    Waste Co. Must Pay Fired Worker With Whistleblowing Claim

    A waste management company cannot overturn an order to continue paying one of its drivers, as an employment tribunal ruled it is likely he will win his claim that he was fired for raising health and safety concerns.

  • November 25, 2025

    MPs Call For Expansion Of State Reinsurer To Cyberthreats

    The government should extend the scope of the U.K.'s £2.2 trillion ($2.9 trillion) terrorism reinsurer to cover emerging cyberthreats, lawmakers have said, amid growing concerns about a risk to the economy of a major attack on IT infrastructure.

  • November 25, 2025

    Kuwait Pension Chief's Kids Fail To Escape $1B Bribery Case

    The children of a Kuwaiti pension authority director lost on Tuesday their bid to escape a case the organization has brought over an alleged $1 billion bribery scheme orchestrated by their father, who died in 2022. 

  • November 25, 2025

    FCA Cancels Insurance Biz's License Over Compliance Issues

    The Financial Conduct Authority has said it has prevented a company that sells insurance policies for dental and breast implants from conducting any regulated activities because it failed to pay fees it owed to the watchdog.

  • November 24, 2025

    $18B Spain Claim Was Nixed Over Investment Issue

    The international tribunal that threw out an $18 billion claim brought by a group of Filipinos who accused Spain of stymying their efforts to enforce a $14.9 billion arbitral award against Malaysia concluded that the claimants had not made a protected investment, according to a newly public award.

  • November 24, 2025

    Credit Suisse Denies Role In Tech Exec's Alleged Stock Theft

    Credit Suisse has urged a New York federal judge to let it out of a lawsuit by an Aeva Technologies co-founder who claims the banking giant provided "institutional cover" to conspirators who allegedly stole tens of millions of dollars, arguing that it also fell victim to the scam.

  • November 24, 2025

    SFO's Crypto Probe Marks Shift In Tackling Blockchain Fraud

    The launch by the Serious Fraud Office of its first cryptocurrency investigation signals an appetite for using new resources to crack down on fraud, part of a wider move by U.K. law enforcement agencies to treat blockchain as a mainstream threat, lawyers say.

  • November 24, 2025

    Ex-Trafigura Exec Denies Devising $600M Nickel Fraud

    Trafigura's former head of nickel trading denied conspiring with Prateek Gupta to defraud the company out of $600 million through a sham nickel trade deal, as he gave evidence at the trial on Monday.

  • November 24, 2025

    Sheikh Held Liable For €67M Shares Breach By Top UK Court

    Britain's highest court ruled on Monday that a business tycoon breached his fiduciary duties when he transferred shares out of his wound-up company, and ordered him to hand over €67 million ($77 million) in damages.

Expert Analysis

  • 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.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

  • ECB Guide Targets Harmonized Cyber Testing Approach

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    The European Central Bank’s recently updated guidance for testing organizational resilience against sophisticated cyberattacks is a significant step forward, highlighting the importance of a unified approach to financial sector cybersecurity and alignment with Digital Operational Resilience Act requirements, say Simon Onyons and Nebu Varghese at FTI Consulting.

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.

  • New CMA Powers Will Change Consumer Protection Regime

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    The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.

  • Opinion

    Prospects For New Fraud Prevention Prosecution Look Slim

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    With the Labour Party's inherited patchwork of Conservative Party corporate crime legislation for preventing fraud and corruption, the forthcoming Economic Crime Act’s failure to prevent fraud offense is unlikely to be successful in assisting prosecutors bring companies to justice, says Matthew Cowie at Rahman Ravelli.

  • What's Next After FCA Drops Troubled 'Name And Shame' Plan

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    A closer look at the Financial Conduct Authority's recent decision to toss its widely unpopular proposal changing the test for announcing enforcement investigations may reveal how we got here, why the regulator changed course, and where it’s headed next, say lawyers at Hogan Lovells.

  • What To Note In EU Tech Transfer Agreements Consultation

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    Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.

  • UK Refusal Of US Extradition Request May Set New Standard

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    The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.

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