Corporate Crime & Compliance UK

  • January 29, 2026

    Howard Kennedy's Ex-Client Can't Challenge £196K Legal Bill

    Howard Kennedy LLP has successfully defeated a former client's challenge to a legal bill of almost £196,000 ($270,000) racked up in connection with Financial Conduct Authority proceedings, as a London court ruled that the man was made aware of the costs.

  • January 28, 2026

    Belarusian Co. Fights To Overturn 'Irrational' UK Sanctions

    A Belarusian construction company urged a London appellate court Wednesday to overturn a decision upholding the U.K. Foreign Office's imposition of economic sanctions on it, arguing that it no longer benefited from or supported the republic's government in Minsk.

  • January 28, 2026

    Lawyers Urge UK Gov't To Expand Anti-SLAPP Laws

    More than 120 lawyers and other representatives of civil society called on Wednesday for the government to include provisions in the next King's Speech for tackling strategic legal claims designed to gag reporting and silence criticism.

  • January 28, 2026

    Coinbase Crypto Ads Banned Over Cost-Of-Living Claims

    The Advertising Standards Authority banned adverts by Britain's largest crypto-asset exchange on Wednesday, saying that they trivialize the risk of cryptocurrency investing by implying it could be an alternative to cost-of-living concerns.

  • January 28, 2026

    Ex-OPEC Head Vowed Oil Execs Would Join Her In Jail

    Diezani Alison-Madueke threatened to expose the oil tycoons who had showered her with lavish gifts after hearing rumors of a plot to "sink" her, vowing to "escort all of you to jail along with myself," prosecutors told a London court on Wednesday.

  • January 28, 2026

    FCA Urged To Clarify AI Rules For Senior Managers

    The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.

  • January 27, 2026

    UBS Wants Hayes' $400M Malicious Prosecution Suit Axed

    UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.

  • January 27, 2026

    Slapped Down: SRA At Crossroads After SLAPP Setbacks

    The string of failed prosecutions brought by the Solicitors Regulation Authority against City lawyers accused of trying to silence journalists on behalf of clients has raised questions about its enforcement strategy, with critics accusing the watchdog of overreaching its rules.

  • January 27, 2026

    Ex-OPEC Head Accused Of Taking Cash, Cars, Jets In Bribes

    Diezani Alison-Madueke lived a "life of luxury" taking bribes that included cash, cars and the use of high-end properties to "favor" executives in Nigeria's oil and gas industry, prosecutors said at the start of her criminal trial in London on Tuesday.

  • January 27, 2026

    Execs Say $22M Investec Loan Breached Sberbank Sanctions

    Two business executives have denied owing Investec Bank PLC almost £22 million ($30.2 million) over loan agreements, arguing that the Anglo-South African lender knew the deals were designed to aid the purchase of a Russian bank's assets in breach of sanctions.

  • January 27, 2026

    Home Office Pressed Over Failure To Explain RTW Fine

    The Home Office must explain how it has determined that someone does not have the right to work in the U.K. when it issues penalty notices to employers, a restaurant argued at Britain's top court on Tuesday.

  • January 27, 2026

    Ex-Biotech CEO Wins New Shot At Whistleblowing Claim

    A London appeals judge has handed the sacked chief executive of a biotechnology company a second shot at his whistleblowing claim, slamming an earlier tribunal's "wholly insufficient" assessment of his claimed protected disclosures.

  • January 27, 2026

    CMA Seeks To Appeal Re-Do Of £70M Pfizer, Flynn Drug Fines

    The Competition and Markets Authority sought permission from the Court of Appeal on Tuesday to challenge a decision that criticized and revised the £70 million ($96 million) in fines it issued to Pfizer and Flynn Pharma for excessive pricing.

  • January 26, 2026

    Scots Law Society Beats Bias Claim Over Conduct Probe

    A tribunal has ruled that the Scottish law society did not discriminate against a qualified lawyer based on his Roman Catholic Christian faith by hastily investigating a complaint of misconduct against him.

  • January 26, 2026

    UK To Create 'British FBI' To Tackle Fraud, Serious Crime

    The U.K. government announced it will create a new national police force dubbed the "British FBI" to investigate fraud by merging the National Crime Agency with other law enforcement agencies.

  • January 26, 2026

    Mail's Spying Gave Me 'Sleepless Nights,' Sadie Frost Says

    Actor Sadie Frost told a London court on Monday that the publisher of the Daily Mail had "violated" her through stories about her personal life, alleging that its journalists had used information gained through unlawful methods such as tapping her landline phone.

  • January 26, 2026

    UK Fines Bank Of Scotland For Russia Sanctions Breach

    The U.K. sanctions policing body said Monday that it has fined Bank of Scotland PLC, which is wholly owned by Lloyds Banking Group, £160,000 ($218,354) for serious breaches of the government's Russia sanctions rules by allowing payments to and from the account of a sanctioned individual.

  • January 26, 2026

    Saudi Arabia Must Pay £3M To Dissident In Spyware Case

    Saudi Arabia must pay more than £3 million ($4.1 million) in damages to a human rights activist critical of the government for "the most acute intrusion" of his private life, involving phone hacking and a targeted assault, a London court ordered Monday.

  • January 26, 2026

    FCA Warns Crypto Sector Against Mistreating Consumers

    The Financial Conduct Authority has warned crypto asset businesses against providing unsuitable products to consumers in draft guidance on applying the Consumer Duty under the crypto asset regime that comes into force in 2026.

  • January 23, 2026

    Insider Trading Presumption Challenged By EU Adviser

    An investment bank does not commit insider dealing merely by executing a client's share sale, unless regulators can show the bank held inside information and acted outside its expected professional standards, an adviser to the European Union's top court has said.

  • January 23, 2026

    Danish Regulator Hits Saxo Bank With $49M AML Fine

    The Danish finance regulator said Friday that it imposed a 313 million Danish kroner ($49 million) fine on Danish bank Saxo over anti-money laundering compliance failures. 

  • January 23, 2026

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

    This past week in London saw Travelers Insurance hit with a claim from a property buyer over a payout tied to collapsed law firm Axiom Ince, Swedish music group Pophouse Entertainment clash with the production company that helped it create the ABBA Voyage experience, and biotech company Vertex Pharmaceuticals sue rival entity ToolGen for patent infringement.

  • January 23, 2026

    Post Office Says Settlement Could Bar Sub-Postmaster's Claim

    The Post Office said Friday that a settlement it reached with people it wrongly prosecuted might bar a former sub-postmaster from suing it over claims it fraudulently obtained a civil judgment against him over an accounting shortfall.

  • January 23, 2026

    FCA Proposes More Standards For Crypto Asset Regulation

    The Financial Conduct Authority proposed Friday further rules on how crypto asset companies should treat consumers under the new regulatory regime for digital assets due for implementation later this year.

  • January 23, 2026

    Nigeria Fails To Overturn Delay To £50M Costs Recovery Bid

    Nigeria must wait until after a costs assessment to seek an order to recover its £50 million ($68 million) legal bill from the litigation-funders of an energy company that defrauded the West African state in arbitration proceedings.

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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