Corporate Crime & Compliance UK

  • 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.

  • October 17, 2025

    CPS Thrown Into Uncharted Waters By Spy Trial Collapse

    The government's decision to publish full witness statements from an abandoned spying trial in an attempt to draw a line under the political furor has surprised former officials and white-collar lawyers, who say it throws the Crown Prosecution Service into uncharted waters.

  • October 17, 2025

    Couple Among 14 Sentenced Over £28M Timeshare Fraud

    Fourteen people have been convicted and sentenced for their part in a £28.1 million ($37.7 million) investment fraud which involved them selling a worthless investment product to consumers on the promise of getting rid of their timeshares, prosecutors said Friday. 

  • October 17, 2025

    Shipping Giant Gets Early Win In Ex-Employee's Forgery Case

    A global shipping company has beat back a former employee's bid to be paid as he sues the company for allegedly forcing him to resign after he raised concerns that its environmental records had been forged.

  • October 17, 2025

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

    This past week in London has seen Johnson & Johnson hit with a £1 billion ($1.34 billion) claim for allegedly selling contaminated baby powder, Carter-Ruck bring a claim against the Solicitors Regulation Authority, and Hewlett Packard file a probate claim against the estate of Mike Lynch.

  • October 17, 2025

    Man Gets Prison For Hiding Assets In $80M Dubai Bank Case

    A businessman who fraudulently helped three members of his Emirati family evade an £80 million ($107 million) judgment debt to a Dubai bank was sentenced on Friday to two years imprisonment for contempt of court.

  • October 17, 2025

    Global Watchdog Calls On Countries To Monitor Crypto Better

    An international securities watchdog called on countries Friday to monitor risks in crypto-assets and share regulatory information better across borders.

  • October 17, 2025

    Student Ducks Prison After Promoting Tax Fraud On Instagram

    A London-based student has become the first person to be convicted of inspiring others to defraud Britain's tax collector on social media after he used Instagram to encourage criminal attacks on VAT systems, HM Revenue and Customs said Friday.

  • October 17, 2025

    FCA's Tokenization Plan May Heighten Financial Crime Risk

    The Financial Conduct Authority's planned tokenization regime to help asset managers trade investment funds as digital assets could expose investors to financial criminals lurking in crypto-markets, with the regulator's "targeted support" rules multiplying the risk, lawyers have warned.

  • October 17, 2025

    Ex-Solicitor Gets 4 Years For £400K Theft From Clients

    A former solicitor and part-time judge who misappropriated almost £400,000 ($537,000) from clients between 2003 and 2020 has been sent to prison for four years.

  • October 16, 2025

    Banks Must Do More To Stop Romance Fraud, FCA Warns

    The Financial Conduct Authority warned Friday that banks must do more to stop romance scams, which cost victims £106 million ($142 million) in 2024.

  • October 16, 2025

    OFSI Reports It Froze £37B In Shift To Proactive Enforcement

    The U.K.'s sanctions enforcer has revealed that over £37 billion ($49.7 billion) in assets were reported as frozen in the 2024-25 financial year, up more than 50% from the year before, in a signal of an increasingly proactive approach to enforcing financial penalties.

  • October 16, 2025

    FilmOn Founder In Contempt In Sex Assault Judgment Debt

    The founder of FilmOn and heir to a Coca-Cola fortune was found in contempt of court on Thursday for failing to provide information in proceedings to enforce in England one of several multimillion-dollar judgments over sexual assault claims.

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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