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Corporate Crime & Compliance UK
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October 16, 2025
CMA Calls For Reforms To UK Veterinary Market
The U.K.'s competition watchdog has called on the £6.3 billion ($8.5 billion) veterinary services market to provide better information on prices after a spike in insurance claims at major players drove up costs, despite no evidence of better services.
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October 16, 2025
MPs Launch Probe Into CPS Decision To Drop China Spy Case
Senior parliamentarians said Thursday that they will launch a formal inquiry into the collapse of the Chinese spying case, heaping pressure on the Crown Prosecution Service just hours after the government published crucial evidence that caused the trial to be abandoned.
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October 16, 2025
UK Open To Behavioral Remedies During Merger Reviews
The antitrust authority said Thursday that it is weighing a more flexible approach to remedies during merger reviews that would require it to regulate the behavior of the companies involved as it backs the government's growth agenda.
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October 15, 2025
Funeral Director Admits Fraud, Faces Trial On Other Counts
A funeral director pleaded guilty to 36 fraud offenses at an English criminal court Wednesday in a case centered on wrongdoing in funeral plans.
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October 15, 2025
CPS Eyes Compensation Plan In £5B Bitcoin Fraud Dispute
British prosecutors said Wednesday they will set up a compensation program for thousands of Chinese investors defrauded by a money launderer convicted in the U.K. as part of a scramble for £5.1 billion ($6.8 billion) in seized cryptocurrency.
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October 15, 2025
Ex-Clerk Must Repay £220K For Role In Legal Aid Fraud
A London judge on Wednesday ordered a former legal clerk to hand over more than £220,000 ($294,000) following his convictions for leading a scheme to make bogus legal aid claims for criminal defense costs worth over £12.5 million.
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October 15, 2025
UK Adds Over A Dozen Countries To Global Minimum Tax List
HM Revenue & Customs added more than a dozen countries to the list of states implementing Pillar Two's global minimum tax rules, the tax authority said Wednesday.
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October 15, 2025
Mercedes Denies Using VW-Style 'Dieselgate' Tech
Mercedes-Benz told a London court on Wednesday that their vehicles do not contain the same technology installed by Volkswagen that sparked the "Dieselgate" scandal as car manufacturers began their defense of a major group claim by motorists.
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October 15, 2025
Rosneft And Lukoil Targeted In UK's Latest Russia Sanctions
The British government said Wednesday that it has hit the Russian energy industry with "the strongest sanctions yet," targeting oil giants Rosneft and Lukoil in order to stifle funding for Russia's war in Ukraine.
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October 15, 2025
Starmer Vows To Publish Key Evidence In China Spy Case
Keir Starmer told Parliament on Wednesday that the government will publish the evidence it handed to prosecutors for criminal proceedings against two men accused of spying for China as political pressure grows over the Crown Prosecution Service's decision to drop the case.
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October 15, 2025
Axiom Ince Staffer Wins £21K For Unfair Dismissal
A former executive assistant at Axiom Ince is entitled to claim more than £21,000 ($28,060) in compensation, a tribunal has ruled, as it said that the law firm breached his employment contract by firing him without giving him three months' notice.
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October 15, 2025
SoftBank Beats Credit Suisse's $440M Greensill Claim
A London judge ruled Wednesday that SoftBank is not liable to Credit Suisse for $440 million in losses linked to the collapse of Greensill Capital over a restructuring deal, finding that the Japanese bank "did not orchestrate" the transaction.
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October 15, 2025
Capita Fined £14M For Cyber-Failures In Pensions Breach
The data watchdog said on Wednesday that it has fined outsourcing company Capita £14 million ($18.7 million) for failures in holding personal data security during a cyberattack in 2023 in which the information of 6.6 million people was stolen.
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October 14, 2025
Six Pension Plans Settle In $2.1B Danish Tax Fraud Case
Six pension plans have settled claims by Denmark's tax agency accusing them of participating in a $2.1 billion scheme that fraudulently claimed refunds on tax withheld from stock dividends, with a New York federal court dismissing the allegations Tuesday.
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October 14, 2025
EU Fines Fashion Brands €157M For Price Maintenance
The European Commission has fined fashion companies Gucci, Chloé and Loewe a total of €157 million ($182.2 million) for allegedly breaching the bloc's competition rules by restricting the retail prices of their products.
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October 14, 2025
UK Gov't Should Break Its Tax Pledge, Legislators Told
The British Labour government should raise taxes in the coming autumn budget despite its pledge not to increase rates when it won the last general election, tax experts told a parliamentary committee Tuesday.
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October 14, 2025
Email Warning Provides Rare Sight Into SFO Record-Keeping
Revelations that a Serious Fraud Office official instructed investigators to be wary of putting their concerns about a case in email illustrates how attritional fights over disclosure shaped the agency's approach at a time when it was under intense scrutiny over its handling of evidence.
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October 14, 2025
Iraqi Cites Torture Risk In Appeal Over Extradition To Kuwait
An Iraqi national told a London court on Tuesday that he would face torture and inhumane prison conditions if he is extradited to Kuwait over an alleged £243 million ($324 million) fraud.
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October 14, 2025
Ex-Mishcon De Reya Partner Can't Save Whistleblowing Claim
A former partner at Mishcon de Reya LLP has failed to revive his whistleblowing claim, as a London tribunal ruled there was no prospect of overturning its earlier decision that the claim could not be brought under British employment law.
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October 14, 2025
US, UK Freeze Assets Of Alleged Cambodian Cyber-Scammers
The U.K. and the U.S. sanctioned on Tuesday a network of individuals that operates scam centers across southeast Asia by freezing London properties worth more than £112 million ($149 million).
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October 14, 2025
FCA Gets BlueCrest Investors $101M Redress On Conflicts
The Financial Conduct Authority said Tuesday it has secured $101 million in redress for non-U.S. investors in a fund managed by BlueCrest Capital Management (UK) LLP and has given the firm a public censure.
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October 14, 2025
Ford Cars Still Pumping Out Harmful Emissions, Motorists Say
Large numbers of Ford vehicles are still being driven around major U.K. cities, pumping out harmful polluting gases, more than a decade after the Dieselgate scandal emerged, lawyers for motorists suing car manufacturers said at the second day of a trial on Tuesday.
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October 14, 2025
Sharp Rise In 'Nationally Significant' UK Cyberattacks
Britian's cybersecurity agency said Tuesday that it has handled an average of four "nationally significant" cyberattacks every week in the last year, more than double the number in the previous 12 months.
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October 14, 2025
Close Brothers Sets Aside £300M For Car Finance Claims
Close Brothers said Tuesday that it is almost doubling its allocation to address the industry-wide motor finance compensation scheme as the merchant bank joined another lender in criticizing the Financial Conduct Authority's plans for redress.
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October 13, 2025
Energy Data Co. Says Info Supply Cut-Off Was Justified
An energy data supplier owned by a consortium of British power companies has denied unfairly cutting off an energy startup, arguing that it refused to supply data because the startup repeatedly breached its deal by sharing data with third parties.
Expert Analysis
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What UK Security Act Report Indicates For Future Gov't Policy
Following the recent publication of the National Security and Investment Act report on the scrutiny of proposed investments, it will be interesting to see how the act’s powers fit into a government policy that plans to cut regulatory obstacles, while maintaining a hard line on national security, say lawyers at Katten Muchin.
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What UK Takeover Code's Narrowed Focus Will Mean For Cos.
In narrowing its scope of application, the U.K. Takeover Panel's forthcoming amended code will have practical implications for U.K.-registered companies and ultimately provide greater market clarity and certainty, say lawyers at Davis Polk.
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Examining UK And EU Approaches To Sanctions Enforcement
In light of the Financial Conduct Authority’s recent £28.9 million fine of Starling Bank for its lax sanctions screening processes, businesses should understand both the U.K.’s and the European Union’s enforcement approaches, the larger sanctions landscape and the importance of cooperation, says Angelika Hellweger at Rahman Ravelli.
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M&A Takeaways From 1st EU Foreign Subsidies Merger Ruling
The European Commission’s recent decision on the merger between e& and PFF Telecom is the first to approve a transaction subject to commitments under the Foreign Subsidies Regulation, serving as a helpful guide by confirming that behavioral measures ring-fencing EU activities from the potential effect of third-country subsidies are acceptable, say lawyers at Cleary.
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What New Int'l Treaty Means For Global AI Regulation
Lawyers at Bird & Bird consider how global artificial intelligence regulation will be affected by the first international AI treaty recently signed by the U.S., EU and U.K., as well as its implications for business and several issues that stakeholders should be aware of.
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Factors Driving EU Competition Policy For The Next 5 Years
Teresa Ribera Rodríguez’s recent nomination as the new European Union commissioner for competition prompts questions about policy and enforcement, with goals to enhance competition in business, implement stronger and faster enforcement, and promote and fund decarbonization likely in her sights during a five-year term, say lawyers at Linklaters.
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2 Highlights From Labour's Notable Employment Rights Bill
The Labour government’s recently unveiled Employment Rights Bill marks the start of a generational shift in U.K. employment law, and its updates to unfair dismissal rights and restrictions on fire-and-rehire tactics are of particular note, say lawyers at Covington.
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How Energy Scheme Is Affecting Large Co. Fund Investment
The latest phase of the Department of Energy and Climate Change's Energy Savings Opportunity Scheme implicates funds with investments in large companies by establishing significant and complex changes to the reporting cycle for mandatory assessments, say lawyers at Macfarlanes.
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How Companies House Enforcement Powers Are Growing
Companies House's recently increased ability to assess what material is submitted to the U.K. register of companies, and to proportionately enforce where violations have occurred, may require some degree of cultural shift within many companies, say lawyers at Greenberg Traurig.
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How New Sanctions Office Will Affect UK Trade Landscape
The recent launch of the Office of Trade Sanctions Implementation will help to create a more comprehensive civil enforcement terrain, but the potential for multiple investigations means businesses should reassess their systems to ensure they do not inadvertently incur civil liability, says Julia Pearce at Robertson Pugh.
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FCA Savings Update Focuses On Good Customer Outcomes
The Financial Conduct Authority’s recent cash savings update emphasizes its expectations of firms to deliver fair value to consumers by documenting the rationale for actions at each stage, considering customer communications and demonstrating that potential harms are acted upon, say Matt Handfield, Charlotte Rendle and Caroline Hunter-Yeats at Simmons & Simmons.
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Opinion
Why The UK Gov't Should Commit To An Anti-SLAPP Law
Recent libel cases against journalists demonstrate how the English court system can be potentially misused through strategic lawsuits against public participation, underscoring the need for a robust statutory mechanism for early dismissal of unmeritorious claims, says Nadia Tymkiw at RPC.
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5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling
The U.K. Supreme Court's recent judgment in UniCredit Bank v. RusChemAlliance, upholding an injunction against a lawsuit that attempted to shift arbitration away from a contractually designated venue, provides helpful guidance on when such injunctions may be available, say attorneys at Fladgate.
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FCA's Broad Proposals Aim To Protect Customer Funds
The Financial Conduct Authority’s proposed changes to payments firms’ safeguarding requirements, with enhanced recordkeeping and fund segregation, seek to bolster existing regulatory provisions, but by introducing a statutory trust concept to cover customers’ assets, represent a set of onerous rules, says Matt Hancock at Greenberg Traurig.
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Complying With Growing EU Supply Chain Mandates
A significant volume of recent European Union legislative developments demonstrate a focus on supply chain transparency, so organizations must remain vigilant about potential human rights and environmental abuses in their supply chain and make a plan to mitigate compliance risks, say lawyers at Weil.