Corporate Crime & Compliance UK

  • September 18, 2025

    FCA Drops Property Group Probe Despite £55M Client Losses

    The financial regulator has ended an investigation into property development investments that lost clients about £55 million ($75 million), deciding that the risk of no returns was fairly put to customers.

  • September 18, 2025

    Former SFO Case Controller Joins Boutique Law As Partner

    A former case controller at the Serious Fraud Office has joined criminal and regulatory specialist firm Boutique Law LLP as a partner.

  • September 17, 2025

    HMRC Tightens Tax Rules For Umbrella Companies

    Recruiters and their clients in the U.K. will be jointly liable for tax avoidance by businesses using umbrella companies to pay temporary workers, Britain's tax authority said in guidance issued Wednesday.

  • September 17, 2025

    Funder Says Businessman Colluded To Overturn Asset Case

    A litigation funder told a London court on Wednesday that a businessman should not be allowed to participate in proceedings seeking to enforce an asset recovery judgment, because he allegedly improperly colluded with a convicted fraudster to overturn the outcome of past litigation.

  • September 17, 2025

    FCA Unveils Tough Proposed Rules For Crypto Firms

    The Financial Conduct Authority set out Monday its proposed crypto-assets regulatory regime, with some wider reach than its rules for other sectors like banking or insurance to address technological exposures.

  • September 17, 2025

    Duty Of Candor Could Be Transformative, But Doubts Remain

    The government's bid to enshrine a duty of candor in public office could be transformative in compelling authorities to be more transparent, but legal experts have expressed doubts about how effective enforcement will be.

  • September 17, 2025

    Ex-Consultancy Execs Liable For £2.4M Over Misleading Sale

    A Birmingham court has ordered the former owners of a technology consultancy to pay more than £2.4 million ($3.3 million) in damages for selling the company under the misleading impression that some of its client contracts were more profitable than they really were.

  • September 17, 2025

    Sexual Harassment Calls To Acas Up 39% After Law Change

    Inquiries to the U.K.'s workplace disputes mediator about sexual harassment have grown by 39% following a law change requiring employers to take steps to shield their staff, data released on Wednesday revealed.

  • September 17, 2025

    Gambling Co. To Pay £360K Over AML, Social Duty Breaches

    An online gambling business has agreed to pay a £360,000 ($491,400) settlement after an investigation by the Gambling Commission uncovered failings in social responsibility and anti-money laundering measures within the company.

  • September 16, 2025

    Gov't Says Hillsborough Law Won't Drive Up Prosecutions

    A new offense that would make it a crime for officials to mislead the public is unlikely to drive future prosecutions or target authorities not already liable under the existing law, according to a Home Office report published Tuesday.

  • September 16, 2025

    Pogust Goodhead Reshuffles Team Leading £36B BHP Case

    Pogust Goodhead has had to reshuffle its team on the BHP class action trial after its lead lawyer on the £36 billion ($49 billion) claim moved to another case and the partner overseeing its Dieselgate litigation left the firm.

  • September 16, 2025

    Insurer Can't Duck $6M Bond Payout Over Ghana Power Plant

    A London court ordered a Ghanaian insurance company on Tuesday to pay a subsidiary of Greek industrial conglomerate Metlen almost $6.3 million for wrongly refusing to pay up under a bond the insurer claimed was obtained by fraud.

  • September 16, 2025

    Barrister Faces BSB Probe Over Fake Case From ChatGPT

    A barrister who allegedly misled a tribunal by submitting a fictitious case generated by ChatGPT has been referred to the Bar Standards Board.

  • September 15, 2025

    Gov't Introduces 'Duty Of Candor' Law For Public Officials

    The British government introduced landmark legislation on Monday to create a legal duty of candor for public officials, and criminal sanctions for those who mislead the public, to change the "culture of cover-ups" surrounding disasters and scandals.

  • September 15, 2025

    AerCap Wants £81M Costs From Insurers In Missing Jets Case

    Aircraft leasing giant AerCap is seeking £81 million ($110 million) in costs in the mammoth dispute over hundreds of aircraft stranded in Russia after the 2022 invasion of Ukraine, according to filings for a London court hearing that began on Monday.

  • September 15, 2025

    Tech Co. Denies Ex-Directors' Claim Of Share Sale Conspiracy

    A telecommunications technology company has denied owing its former directors more than £8 million ($11 million) for allegedly tricking them into selling their shares for less than their potential value, adding that it never withheld details of a potentially lucrative contract on the horizon.

  • September 15, 2025

    Banker Sues Saudi Magnate Over £14M Shares Transfer

    A Tunisian-Swiss investment banker has sued a Saudi tycoon for 53 million Saudi riyals ($14 million), alleging that the Arabian mogul unlawfully transferred shares he held as a nominee for the financier to one of his own businesses.

  • September 15, 2025

    Electricals Co. Had No Proof Axed Manager 'Authorized Fraud'

    A tribunal has held that an electricals distributor unfairly sacked a manager on the grounds that he endorsed a coworker's alleged fraudulent transactions, ruling that there was no proof he had any knowledge of the scandal.

  • September 15, 2025

    CPS Drops Spy Charges Against Ex-Parliamentary Researcher

    The Crown Prosecution Service dropped charges on Monday that accused a former parliamentary researcher and his co-defendant of spying for the Chinese government because of a lack of evidence, weeks before their trial was due to begin.

  • September 12, 2025

    Off The Bench: NCAA Athlete Ban, WNBA Sun Controversy

    In this week's Off The Bench, the NCAA administered permanent bans to three basketball players, and two high-profile politicians warned the WNBA that it could be at risk of violating antitrust laws if it interferes in the sale of the Connecticut Sun.

  • September 12, 2025

    EU Lets Microsoft Unbundle Teams To Avoid Fine

    European Union antitrust officials signed off Friday on Microsoft's plans to offer cheaper Office 365 suites without the Teams collaboration platform in order to avoid a potentially hefty fine for past policies shackling the two services together.

  • September 12, 2025

    Another Investor Settles In $2.1B Danish Tax Fraud Case

    A U.S. investor and two of his alleged 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.

  • September 12, 2025

    Glencore Ruling Affirms Disclosure Trumps Prosecution Fears

    A recent High Court decision that forced Glencore to hand over documents obtained from a Dutch investigation provides further evidence of the difficulties companies face when they try to resist disclosure in civil proceedings by pointing to the risk of prosecution overseas.

  • September 12, 2025

    Ankle Tag Co. Says Ex-CEO Forged Docs To Hide Wrongdoing

    A British ankle tag maker has accused its former chief executive of forging documents to cover up wrongdoing, adding to its £320 million ($434 million) claim that she hid her interests in the company's shareholders and diverted millions from the business.

  • September 12, 2025

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

    This past week in London has seen former Master Chef presenter Gregg Wallace sue the BBC, Elon Musk's xAI take legal action against a staff engineer, and fashion mogul Kevin-Gerald Stanford file a fresh claim against Lion Capital-owned Klotho and EY amid a long-running All Saints share acquisition dispute.

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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