Corporate Crime & Compliance UK

  • September 17, 2026

    Law Firms Can Be 'Partners' In AML Crackdown, FCA Says

    An executive director at the finance watchdog urged law firms on Thursday to work with law enforcement agencies to tackle economic crime, saying they played a crucial role in detecting and investigating the spread of dirty money.

  • September 17, 2026

    FCA Blocks More Peer-To-Peer Illegal Crypto Traders

    The Financial Conduct Authority said Thursday it has continued its crackdown on illegal cryptocurrency trading, working with HM Revenue and Customs and the Metropolitan Police to target suspected unregistered peer-to-peer crypto businesses in London.

  • September 17, 2026

    FCA Probes UK Currency Exchange Over AML Fears

    The Financial Conduct Authority said Thursday that it has opened an investigation into a currency exchange and international payment processing business based in London as it probes potential breaches of money laundering rules.

  • September 16, 2026

    Dubai Biz Demands Innovo Docs To Head Off Risk Of Collapse

    Dubai-based construction conglomerate ASGC argued in a London court Wednesday that a U.K. rival should be ordered to give it broader access to data and documents, warning that it might collapse as it cannot file accounts or tax returns.

  • September 16, 2026

    Directors Deny Duping Investors Over Alleged £87M Car Fraud

    Two directors of a failed car leasing group denied at trial on Wednesday that they lied to investors to dupe them into putting £87 million ($117 million) into a car leasing scheme, which prosecutors say was a Ponzi scheme.

  • September 16, 2026

    FCA Issues New Guidance For Crypto-Business Authorization

    The Financial Conduct Authority issued guidance on Wednesday to help crypto-businesses prepare for the authorization needed to operate in the U.K. from October 2027.

  • September 16, 2026

    UK Eyes AML Rules For Football Clubs, Property Developers

    The government will look at bolstering the fight against dirty money by potentially extending anti-money laundering regulations to include property developers, football clubs and players' agents, according to its first-ever strategy.

  • September 16, 2026

    Dechert's Richard Hodge On FCA References And Misconduct

    Crispin Odey has made headlines again as a tribunal upheld a ban on the former hedge fund boss. Here, Dechert partner Richard Hodge talks to Law 360 about how the FCA wants to stamp out non-financial misconduct in the sector and how businesses will face pressure to stamp out sexual harassment.

  • September 15, 2026

    Car Leasing Firm Ran £87M Ponzi Scheme, Prosecutors Say

    Two directors of a failed car leasing group duped investors in an £87 million ($117 million) car leasing investment scam that was in fact run as a Ponzi scheme, a prosecutor said at the opening of the trial on Tuesday.

  • September 15, 2026

    Law Firm Regains License For Immigration Services

    A law firm has regained its license to provide immigration advisory services after a tribunal ruled that its poor recordkeeping did not warrant deregistration or prove it acted dishonestly when handling the applications of two asylum seekers. 

  • September 15, 2026

    FCA Bans Former Law Firm Owner Hit With Record £4M Fine

    Britain's financial regulator banned the former owner of a law firm from working in financial services Tuesday after the Solicitors Regulation Authority fined him a record £4 million ($5.4 million) in 2025 for misusing client funds at the now-shuttered firm he ran.

  • September 15, 2026

    Odey Ruling Delivers Boost To FCA's Enforcement Agenda

    Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.

  • September 15, 2026

    Santander Escapes £677M Bill In AXA's PPI Indemnity Case

    Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.

  • September 15, 2026

    Frozen Interest Can't Be Moved As UK Updates Sanctions

    A sanctioned person cannot move interest earned on a frozen bank account to a separate account, the government has clarified as it tightened the interpretation of rules governing restricted assets.

  • September 14, 2026

    UK To Recruit 500 Officers In £500M Financial Crime Crackdown

    The U.K. government will recruit 500 new officers to target money laundering and organized crime as part of a £500 million ($674 million) crackdown on criminal finances, the Home Office said Monday.

  • September 14, 2026

    Hospital Porters Punished For Mortuary Reports Win £30K

    An employment tribunal has ordered a National Health Service trust to pay two hospital porters £29,560 ($39,866), after finding that a manager interrogated them for blowing the whistle on mortuary policies that made them feel unsafe.

  • September 14, 2026

    Sony, Universal Join Push Against Music Streaming Fraud

    Sony and Universal joined numerous other music companies on Monday in forming a new group aimed at ousting fraudsters who artificially inflate streaming numbers to generate royalty payments.

  • September 14, 2026

    Visa, Mastercard Face Fresh Antitrust Swipe Fee Claims

    Visa and Mastercard are facing a new competition claim from a water company and two hotel companies over interchange fees the companies say inflated the cost of accepting commercial payment cards, the latest in a series of U.K. swipe-fees disputes against the payments giants.

  • September 14, 2026

    I Am No 'Rogue,' Architect Of £4M Water Scam Tells Investors

    The architect of a scam involving water-bottling projects that defrauded investors out of £4 million ($5.4 million) told his victims he wasn't like "unscrupulous rogues" who run off with people's money, a prosecutor told the trial Monday.

  • September 14, 2026

    Law Firm Sued For £1.2M Over Alleged Property Fraud

    Property developers are suing a law firm for allegedly acting for scammers who posed as the owners of a house worth about £1.2 million ($1.6 million) and sold it.

  • September 14, 2026

    Crispin Odey Loses Appeal Against Financial Services Ban

    Crispin Odey failed to overturn his ban from working in the financial services industry on Monday as a tribunal upheld misconduct findings that the former hedge fund boss had thwarted an internal probe into allegations of sexual harassment.

  • September 11, 2026

    Ørsted Secures UK Tax Rights For 2 Offshore Wind Farms

    An advisory commission issued an opinion saying Danish multinational Ørsted should pay taxes primarily in the U.K. rather than Denmark on two offshore wind farms based in British territory, according to a company statement.

  • September 11, 2026

    KPMG Investigated Over Prax Group's State Oil Audit

    The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.

  • September 11, 2026

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

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 11, 2026

    Premier League's £10M Stays Frozen Over Crime Suspicions

    The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge ruled Friday that they should remain frozen until January, finding grounds to suspect the money could be criminal proceeds.

Expert Analysis

  • Opinion

    Managers' Expanded Corp. Liability Proposal Is Too Vague

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    The Crime and Policing Bill 2025, currently under consideration by the House of Lords, implements a dramatic expansion of managers’ corporate liability in ambiguous provisions that may lead only to cumbersome and unintended consequences for companies, says Vanessa Reid at Corker Binning.

  • What Gov't Report Tells Lawyers About Continuing AML Risks

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    The U.K. government’s recent national money laundering risk assessment maintains conveyancing, company service work and misuse of client accounts as key threats, underscoring that law firms should expect renewed scrutiny and higher expectations in these high-risk areas, says Harriet Holmes at Thirdfort.

  • Russia Sanctions Spotlight: Strengthening Enforcement

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    The Office of Financial Sanctions Implementation’s proposed changes to its enforcement process by increasing monetary penalties, and introducing schemes to encourage cooperation, suggest that businesses should expect an expansion of financial sanctions enforcement, says Alexandra Melia at Steptoe.

  • What EU GPAI Compliance Code Will Mean For Developers

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    The European Union recently released a code of practice to guide compliance for general purpose artificial intelligence models, offering early adopters regulatory deference, but posing timing concerns and significant costs burdens that may discourage smaller developers, say lawyers at Perkins Coie.

  • How Top Court Ruling Limits Scope Of Motor Finance Claims

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    The U.K. Supreme Court’s recent ruling in a landmark case concerning car finance commissions clarifies when and how a dealership’s fiduciary duties arise, considerably narrowing that path for mass consumer litigation and highlighting how an upcoming Financial Conduct Authority redress scheme will seek to balance consumer, lender and market interests, say lawyers at Cadwalader.

  • FCA Misconduct Guide Will Expand Firms' Duty To Investigate

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    The Financial Conduct Authority's recent proposals on workplace nonfinancial misconduct will place a greater onus on compliance and investigations teams, clarifying that the question to ascertain is whether the behavior is justifiable and proportionate, say lawyers at Ashurst.

  • Lessons From Landmark UK Supreme Court Libor Ruling

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    The U.K. Supreme Court’s recent quashing of former traders Hayes and Palombo’s interest rate rigging convictions on the ground of jury misdirection raises concerns about failings in the criminal appeal process, and whether encouraging institutions to accept regulatory settlements can create conditions for miscarriages of justice, says Ellen Gallagher at Vardags.

  • The Int'l Compliance View: Everything Everywhere All At Once

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    Changes to the enforcement landscape in the U.S. and abroad shift the risks and incentives for global compliance programs, creating a race against the clock for companies to deploy investigative resources across worldwide operations, say attorneys at Dentons.

  • Why Leveson Review Is Significant For UK Court System

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    Brian Leveson’s recent review into the U.K. criminal justice system calls for judge-only trials in serious and complex fraud cases, a controversial recommendation that is sparking debate over the future of jury trials, says Louise Hodges at Kingsley Napley.

  • Challenges Law Firms Face In Recruiting Competitor Teams

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    Since the movement of lawyer teams from a competitor can bring legal considerations and commercial risks into play, both the target and recruiting firms should be familiar with the relevant limited liability partnership deed to protect their business, say lawyers at Fox & Partners.

  • 23andMe Fine Signals ICO's New GDPR Enforcement Focus

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    Many of the cybersecurity failures identified by the Information Commissioner’s Office in its investigation of 23andMe, recently resulting in a £2.3 million fine, were basic lapses, but the ICO's focus on several new U.K. General Data Protection Regulation considerations will likely carry into the future, say lawyers at Womble Bond.

  • What New UK Stub Equity Rules Will Mean For PE Bidders

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    The U.K. Takeover Panel’s recent guide to making stub equity offers, for the first time formally harmonizing the approach to be taken, should be helpful for both private equity bidders and practitioners, and not unduly restrictive, say lawyers at Davis Polk.

  • UK FDI Enforcement Continues, But Changes Are On The Way

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    With the U.K. government’s recent foreign direct investment investigation into Maple Armor’s increased shareholding in Fireblitz demonstrating the National Security and Investment Act’s wide scope, an announcement this month that certain transactions will no longer require mandatory notification represents a welcome simplification, says Matthew Hall at McGuireWoods.

  • What Cos. Must Note From EU's Delivery Hero-Glovo Ruling

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    The European Commission’s recent landmark decision in Delivery Hero-Glovo, sanctioning companies for the first time over a stand-alone no-poach cartel agreement, underscores the potential antitrust risks of horizontal cross-ownership between competitors, say lawyers at McDermott.

  • What To Expect As FCA Preps To Launch AI Testing Service

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    The Financial Conduct Authority’s forthcoming artificial intelligence live testing service will provide participants with access to appropriate regulatory expertise, but to gauge the tool’s potential utility, it is important to understand how it fits in with what the regulator is already doing, says Omar Salem at Fox Williams.

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