Corporate Crime & Compliance UK

  • 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.

  • November 24, 2025

    Fair Work Agency Promised An Extra £1M For Investigators

    The new U.K. labor rights watchdog will get an extra £1 million ($1.3 million) for a team of specialist investigators, HM Treasury has confirmed.

  • November 24, 2025

    Ex-Georgia PM Wins $607M Appeal Over Credit Suisse Fraud

    The Bermudan life insurance arm of Credit Suisse lost its challenge on Monday to a $607 million damages bill it owes to the former prime minister of Georgia as the top court for overseas U.K territories rejected its arguments.

  • November 21, 2025

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

    This past week in London has seen Clyde & Co. face a claim from Yorkshire firm GWB Harthills, a property developer previously investigated over suspected bribery and corruption sue the general counsel and solicitor to HM Revenue and Customs, and sportswear giant Gymshark bring an intellectual property claim against its co-founder's rival company, AYBL. Here, Law360 looks at these and other new claims in the U.K.

  • November 21, 2025

    10-Year Migrant Pathway May Be 'Catastrophic' For Employers

    The government's plan to extend routes to settlement in Britain for migrants to up to 20 years could have "catastrophic consequences" for sponsoring employers and risks tying vulnerable workers to bad bosses for a decade, experts have warned.

  • November 21, 2025

    UK Government Faces Backlash Over Juryless Trial Proposal

    Controversial plans to overhaul criminal law to bar some defendants from electing to be tried by a jury won't succeed in reducing the backlog of cases without long-term funding, and it suggests that the government is no longer able to deliver justice, experts said Friday. 

  • November 21, 2025

    FCA Plans Reduced Reporting To Save Firms £108M A Year

    The Financial Conduct Authority proposed Friday to reduce transaction reporting requirements for 1,400 firms in the financial sector, which would save them an estimated £108 million ($141 million) a year.

  • November 21, 2025

    Ex-Reform UK Politician Gets 10 Yrs Over Pro-Russian Bribes

    The former leader of the Reform UK party in Wales was sentenced to over 10 years imprisonment on Friday for receiving corrupt payments in exchange for supporting Russian causes in speeches made when he was a member of the European Parliament.

  • November 21, 2025

    Teenagers Deny Carrying Out TfL Cyberattack That Cost £39M

    Two teenagers denied on Friday that they carried out a cyberattack on Transport for London that plunged the network into chaos and cost the transportation authority £39 million ($51 million.)

  • November 20, 2025

    UK Ties Vast Money-Laundering Scheme To Russian Military

    Criminals operating in at least two dozen U.K. cities and towns are behind a billion-dollar money-laundering network turning dirty cash into cryptocurrency to fuel Russia's military, evade sanctions and further the global drugs trade, British investigators said Friday.

  • November 20, 2025

    Alleged Fraudster Wins Bid To Challenge Sweden Extradition

    A U.K.-based man charged with fraud in Sweden was given a chance on Thursday to challenge a court order allowing his extradition to Sweden, after he argued that the court did not properly assess the risk of inhumane treatment in Swedish prisons.

  • November 20, 2025

    Solicitor Lied To Client's Wife About Seized Funds, SRA Says

    A criminal defense solicitor lied to an imprisoned client's wife by concealing the fact he was holding on to funds belonging to the client, the Solicitors Regulation Authority told a tribunal Thursday.

  • November 20, 2025

    StanChart Appeals Disclosure Order In £1.5B Sanctions Case

    Standard Chartered on Thursday relaunched a fight to withhold regulatory documents from investors that are suing the bank for £1.5 billion ($2 billion), as they allege that the lender made untrue or misleading statements about its noncompliance with sanctions.

  • November 20, 2025

    SFO Launches Probe Into $28M 'Crypto Hedge Fund'

    The Serious Fraud Office arrested two men and opened a criminal investigation on Thursday into the collapse of a $28 million cryptocurrency scheme over suspected fraud after plans to create a "crypto hedge fund" failed. 

  • November 19, 2025

    Trademark Infringements Dominate £500M UK Counterfeit Haul

    Britain's border control agency seized counterfeit goods worth more than £500 million ($654 million) between 2021 and 2023, with trademark infringement continuing as the most common intellectual property violation, a government report has revealed.

  • November 19, 2025

    FCA Says 3 Arrested In Suspected Fraudulent Debt Probe

    The Financial Conduct Authority said Wednesday that three individuals have been arrested as it investigates suspected "unauthorized debt activity" that it believes targeted people facing repossession proceedings.

  • November 19, 2025

    Russian Tech Co. Hit With Sanctions Over Ransomware Links

    The U.S., U.K. and Australia on Wednesday announced coordinated sanctions on Russia-based Media Land LLC and employees of the so-called bulletproof hosting service over allegations that the business has acted as a key enabler for ransomware attacks.

  • November 19, 2025

    WH Smith CEO Quits Over North America Accounting Error

    WH Smith PLC's chief executive stepped down with immediate effect on Wednesday, after an independent review by Deloitte LLP 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 19, 2025

    Lloyds Trims Arena TV Liquidators' £1.3B Fraud Case

    Lloyds Bank PLC convinced a London court on Wednesday to ax a chunk of the £1.3 billion ($1.7 billion) in claims that accused the lender of failing to spot an alleged fraud by directors at a broadcast equipment company.

  • November 18, 2025

    Employers Bracing For Impact As EU AI Act Deadline Nears

    Less than a fifth of employers feel very prepared to comply with European Union artificial intelligence regulations despite widespread awareness of how upcoming rule changes will affect workers, according to a report published Wednesday.

  • November 18, 2025

    BHP Dam Case Highlights Legal Risk For UK Businesses

    A landmark ruling holding mining giant BHP liable for a catastrophic dam collapse in Brazil signals the English courts' growing readiness to hold U.K.-based multinationals to account for harm overseas.

  • November 18, 2025

    SFO To Move Headquarters To Canary Wharf In 2026

    The U.K.'s white-collar crime agency said on Tuesday that it will move its headquarters to Canary Wharf in 2026 as it stressed that the new location in east London will help it meet the challenges of investigating serious fraud and corruption.

  • November 18, 2025

    Mike Lynch's Estate Seeks To Challenge HP Fraud Judgment

    Mike Lynch's estate asked a London court on Tuesday for permission to appeal against a judgment that found he had defrauded Hewlett Packard Enterprise, attacking a ruling that an entity set up to buy the technology entrepreneur's company was misled.

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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