Corporate Crime & Compliance UK

  • October 23, 2025

    FCA Sues HTX Crypto-Exchange Over Unlawful Promotions

    The financial services regulator has launched legal action against a Chinese cryptocurrency exchange, accusing the trading platform of unlawfully promoting crypto assets in the U.K.

  • October 22, 2025

    Apple, Google Found To Hold 'Strategic Market Status' In UK

    Britain's competition enforcer confirmed Wednesday that Apple Inc. and Google LLC's mobile platforms have strategic market status, paving the way for new rules meant to safeguard competition and protect consumers and businesses from harmful practices.

  • October 22, 2025

    UK To Crack Down On Fake Immigration Lawyers

    The Home Office detailed plans to combat abuse in the immigration system on Wednesday by giving authorities new powers to confiscate the profits fake immigration lawyers make from providing unlawful advice.

  • October 22, 2025

    BHP Seeks To Block US Testimony In Pogust Goodhead Row

    BHP urged a judge Wednesday to prevent Pogust Goodhead, which represents thousands of claimants in a £36 billion ($48 billion) trial over a Brazilian dam disaster, from obtaining information from a U.S. court in order to support proposed litigation against the Australian mining giant.

  • October 22, 2025

    Lawyers Could See Probes Double As FCA Takes Over AML

    The decision to make the financial watchdog the sole regulator of AML and counter-terrorist financing for professional services providers could be "tricky" for lawyers in the short term, even as some experts predict it might ultimately help to simplify an overly complex regulatory regime.

  • October 22, 2025

    Russian Billionaire Gutseriev Overturns EU Sanctions

    Russian business executive Mikhail Safarbekovich Gutseriev successfully overturned European Union sanctions on Thursday that had been imposed on him since 2021, when the bloc's top court ruled he no longer did significant business in Belarus.

  • October 22, 2025

    FCA Secures £442M For Consumers, Urges More Co-operation

    The Financial Conduct Authority has said that it secured more than £442 million ($590 million) for investors and consumers through redress arrangements, settlements and civil proceedings in the last financial year, and pressed home the benefits of companies taking responsibility for their mistakes.

  • October 22, 2025

    £1.9B Jaguar Cyberattack UK's 'Most Economically Damaging'

    The cyberattack that hit car giant Jaguar Land Rover in August triggered a ripple effect that cost the U.K. an estimated £1.9 billion ($2.5 billion) due to disrupted supply chains, experts said Wednesday, making it the "most economically damaging" digital incident to ever affect Britain.

  • October 22, 2025

    Online Gambling Biz Platinum Fined £10M Over AML Failures

    The Gambling Commission revealed Wednesday that it has handed a fine of £10 million ($13.3 million) to Platinum Gaming Ltd., the operator of unibet.co.uk, for failures in anti-money laundering and social responsibility measures.

  • October 22, 2025

    Barclays Increases Cash For Car Finance Claims To £325M

    Barclays PLC said Wednesday that it has almost quadrupled the amount it will set aside for an industry-wide motor finance compensation program to £325 million ($433 million), while joining a growing number of lenders criticizing the finance watchdog's approach to redress.

  • October 22, 2025

    Oil Co. Loses £44M Costs Appeal Over Fraud At Top UK Court

    Britain's top court rejected on Wednesday an attempt by an energy company to change the currency of its £44 million ($59 million) costs bill after it committed fraud, with the justices calling the dispute a "sorry tale involving human greed and corrupt practices."

  • October 21, 2025

    UK Enforcer Backs Private Immunity For Reporting Cartels

    Britain's competition enforcer told the government Tuesday that leniency applicants who are the first to report cartel activity should be afforded full immunity from damages under the collective actions regime to help boost enforcement efforts.

  • October 21, 2025

    LC&F Sues Over £20M Transfers Linked To Ponzi Scheme

    The administrators of Ponzi scheme bond company London Capital & Finance have sued a payments processing business, accusing it of negligently allowing more than £20 million ($26.8 million) to be diverted from LC&F to the defunct investment firm's former directors and others.

  • October 21, 2025

    Ex-Police Chief Charged With Fraud And Misconduct In Office

    The Crown Prosecution Service revealed Tuesday that a former police chief constable has been charged with fraud and misconduct in a public office after allegedly lying about his military career and education when applying to work for the police.

  • October 21, 2025

    Doctor Claims His Signature Was Forged In £5M Loan Dispute

    A doctor accused of owing almost £5 million ($6.7 million) over outstanding payments on an investment loan has told the High Court that his signature on the loan documents were forgeries and that he had no knowledge of loan agreements being made.

  • October 21, 2025

    Ex-Luxury Perfume Boss Denies Violating Russian Sanctions

    The former boss of a luxury perfume group has denied breaching his duties by violating Russian sanctions, saying the company was aware of its ongoing business in Russia and the claim is a "contrivance" to justify his removal as chief executive.

  • October 21, 2025

    FCA To Take Reins Of AML Regulation From SRA

    The government said Tuesday that the Financial Conduct Authority will become the sole regulator of anti-money laundering and counter-terrorism financing for professional services providers, slashing the supervisory role of the Solicitors Regulation Authority and other industry watchdogs.

  • October 20, 2025

    Firms In 'Purgatory' As Regulators Respond To Mazur Fallout

    A recent court ruling that trainees and paralegals cannot conduct litigation, even under supervision, has left some firms "in purgatory" as they grapple with a judgment that, lawyers warn, could make swathes of work unviable.

  • October 20, 2025

    HBOS Fraud Victims Hit Gunnercooke With Negligence Case

    A family driven into bankruptcy by a £245 million (£329 million) fraud against HBOS are suing Gunnercooke LLP, alleging that the firm caused them to lose more than £4 million by bungling a settlement with their bankruptcy trustee.

  • October 20, 2025

    Directors Jailed For £20M Fraud Involving Fake VAT Claims

    Six company directors were sentenced Monday for their role in a £20 million ($27 million) tax fraud involving a wholesale electrical appliance business that deliberately understated how much value-added tax was owed to HM Revenue and Customs.

  • October 20, 2025

    Mex Group Wins Partial Costs In Complex Fraud Case

    A London judge has ended trading services provider MultiBank's contempt battle with a Luxembourgish investment company director for failure to disclose his assets for a freezing order, ruling that there were "reasons to doubt" it had an arguable case.

  • October 20, 2025

    Solicitor Fined For Missing Fraud, Money Laundering Signs

    A solicitor who admitted missing signs of potential fraud and money laundering when carrying out property transactions on behalf of two lenders was fined £15,000 ($20,000) by a tribunal on Monday.

  • October 20, 2025

    UK Retailers Add To £675M Salmon-Farming Cartel Claim

    A group of major U.K. supermarkets has added a new part to its £675 million ($905 million) cartel claim against salmon producers, according to an entry on an online filing system that has now been made public.

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 20, 2025

    Secure Trust Bank Sets Aside £21M For Car Finance Claims

    London-listed lender Secure Trust Bank PLC said Monday that it plans to increase the amount it sets aside for an industry-wide motor finance compensation program to £21 million ($28 million), as it criticized the finance watchdog's approach to redress.

Expert Analysis

  • 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.

  • Insights On ESMA's Alternative Investment Fund Consultation

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    Aaron Mulcahy at Maples Group discusses key points from the European Securities and Markets Authority’s recent consultation on open-ended loan-originating alternative investment funds, highlighting the growth in semi-liquid evergreen funds and explaining ESMA’s proposed standards.

  • How UK Supreme Court May Assess Russia Sanctions Cases

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    In two recent U.K. Supreme Court cases challenging the U.K. Russia sanctions regime, the forthcoming judgments are likely to focus on proportionality and European Convention on Human Rights compatibility, and will undoubtedly influence how future challenges are shaped, says Leigh Crestohl at Zaiwalla.

  • How EU Digital Act Could Shape UK Technology Disputes

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    Noncompliance with the recently effective European Union Digital Operational Resilience Act will add layers of complexity to disputes and litigation for U.K.-based firms servicing EU entities, but international standards may serve as a bridge between jurisdictional and contractual misalignments, says Siobhan Forster at Alvarez & Marsal.

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