Corporate Crime & Compliance UK

  • September 07, 2026

    Ex-Director Denies Scheme To Poach Key Clients

    A former facilities management director has denied exploiting sensitive financial information in an effort to poach clients for a competitor, arguing that the business has failed to demonstrate it lost money as a result. 

  • September 07, 2026

    Irish Aircraft Leasing Cos. Settle Stranded Russian Plane Row

    Three entities linked to the Awas aircraft leasing group have settled part of their more than £85 million ($115 million) lawsuit with two Lloyd's of London insurance syndicates over payments linked to planes stranded in Russia after the country's invasion of Ukraine in 2022.

  • September 07, 2026

    FCA To Meet With MFS Creditors Over Barclays Probe Request

    The Financial Conduct Authority will meet with creditors that have called on the regulator to investigate Barclays Bank and its conduct in connection with the collapse of Market Financial Solutions Ltd., a person familiar with the matter told Law360 Monday. 

  • September 07, 2026

    Deutsche Bank Settles Ex-Employee's Monte dei Paschi Claim

    Deutsche Bank AG said Monday that it has settled a €152 million ($176 million) claim that a former employee had brought against it in Frankfurt over his wrongful conviction linked to an Italian banking scandal.

  • September 07, 2026

    Ex-Brokers Fight FCA Ban For Misusing Client Funds

    Two former insurance brokerage directors urged a tribunal on Monday to overturn a decision to ban them from working in financial services, arguing that the regulator had been wrong to rely on judicial findings they had engaged in fraud over the sale of their brokerage.

  • September 07, 2026

    City Of London Police Reports 395% Rise In AI Fraud

    City of London Police has said its first Report Fraud annual assessment, produced for the 2026 financial year, showed a 395% rise in the use of artificial intelligence behind scams, most often in investment fraud.

  • September 07, 2026

    Barrister Imprisoned For Helping To Plot Gang Revenge Attack

    A criminal defense barrister was sent to prison on Monday for encouraging a client to "kick the fuck out of" a rival gang member in revenge over a gun attack.

  • September 04, 2026

    Tribunal Backs Whistleblower Claims Fintech Misled HMRC

    An employee at a global payments platform who claimed she was fired for blowing the whistle on improper practices, including misleading HM Revenue and Customs, had indeed made a number of protected disclosures, a tribunal ruled Friday.

  • September 04, 2026

    SFO Ends ENRC Scandal Saga But Must Avoid Past Failings

    Although the Serious Fraud Office's settlement with ENRC closes an uncomfortable chapter that the agency insists cannot recur, lawyers say its real test is whether it can stop the weaknesses exposed by the scandal from returning again.

  • September 04, 2026

    Russia Gold Miner Liquidation Rights Transfer Gets Court OK

    A Dubai-based company has won proceeds from the $200 million liquidation of Russian gold miner Petropavlovsk PLC when a London judge ruled Friday this would not breach sanctions legislation.

  • September 04, 2026

    Insurance Scam Gets Man 4.5 Years Over £300K Fake Claims

    A London court has sentenced a man to 4.5 years in prison after he fraudulently claimed more than £300,000 ($405,700) in a string of fake travel medical claims, a division of City of London Police said Friday. 

  • September 04, 2026

    FCA Plans Rule Changes To Ease Consumers' Crypto Access

    The Financial Conduct Authority proposed Friday to defer some rules for its new crypto regime to prevent disruptions to crypto-assets that are already available to retail investors.

  • September 04, 2026

    Barclays Can't Nix £38M Claim Over Ponzi Scheme Red Flags

    Barclays failed Friday to strike out a £37.8 million ($51 million) claim by the liquidators of Denaro (UK) Ltd., which alleges that the bank failed to protect it from payments linked to a Ponzi scheme run by Denaro's directors.

  • September 04, 2026

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

    The past week in London has seen institutional investors file new claims against British American Tobacco and Entain, Jellycat sue multiple British retailers in the patent court, and Shoosmiths LLP targeted in a claim by a property developer.

  • September 04, 2026

    Media Biz Beats Early Bid For Emails In $20M Fraud Dispute

    The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 million fraud claim.

  • September 04, 2026

    Security Guard Wins Pay After Russian Owner's Assets Frozen

    A tribunal has awarded £27,100 ($36,700) to a security guard at a 16th-century manor in southern England who stopped receiving his wages when the U.K. government froze the assets of the property's Russian owner.

  • September 03, 2026

    FCA To Ban Former Director Over 'Reckless' Pension Advice

    The Financial Conduct Authority said Thursday that it has provisionally fined and banned an adviser from working in financial services for "recklessly" giving unauthorized pension transfer advice to dozens of clients.

  • September 03, 2026

    Entain Hit With Latest Investor Claim Following Bribery Probe

    Betting giant Entain has been hit with another claim by institutional investors after paying £615 million ($833 million) to settle an investigation into its alleged failure to prevent bribery by its operations in Turkey.

  • September 03, 2026

    More Employers Fined In FWA's 1st Minimum Wage Roundup

    The business secretary warned U.K. employers on Thursday that underpaying staff "isn't a shortcut to success" as the new Fair Work Agency fines a growing number of organizations for failing to pay staff the minimum wage.

  • September 03, 2026

    BAT Faces 3rd Investor Claim After N. Korea Sanctions Breach

    A group of investors has sued British American Tobacco, adding to two separate group claims the cigarette company is facing after it failed to disclose information about its North Korean activities, resulting in it paying hundreds of millions of dollars in penalties.

  • September 03, 2026

    Ethical Forestry Directors Get 15 Years Over £70M Fraud

    Three former company directors were imprisoned for a total of more than 15 years on Thursday for fraudulently plundering investors' money from a £70 million ($94 million) tree plantation investment scheme.

  • September 02, 2026

    £70M Forestry Fraud Funded Luxury Lives, Prosecutor Says

    Three former directors defrauded thousands of victims out of £70 million ($94.4 million) through a tree plantation investment scheme to finance their luxurious lifestyles, a prosecutor for the Serious Fraud Office said at a sentencing hearing in London on Wednesday.

  • September 02, 2026

    FCA Flags Frontier AI Issues For Financial Sector

    The Financial Conduct Authority warned Wednesday that frontier artificial intelligence is discovering vulnerabilities faster than regulated companies can respond, exposing risks that need information-sharing and coordinated engagement with suppliers.

  • September 02, 2026

    MFS-Linked Co. Accuses Owner Of Funneling £242M

    Administrators of a financial intermediary linked to the collapsed Market Financial Solutions have sued MFS' former director Paresh Raja for £242 million ($327 million), alleging that he funneled the money to companies he owned and controlled.

  • September 02, 2026

    Kingsley Napley's James Alleyne On FCA's Misconduct Rules

    The Financial Conduct Authority's new rulebook on non-financial misconduct for 37,000 asset managers, insurers and other non-banking companies that took effect on Tuesday has raised new uncertainties and risks.

Expert Analysis

  • Russia Sanctions Spotlight: Strengthening Enforcement

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • New Interpol Silver Notice Could Be Tool For Justice Or Abuse

    Author Photo

    Interpol has issued dozens of Silver Notices to trace and recover assets linked to criminal activity since January, and though the tool may disrupt organized crime and terrorist financing, attorneys must protect against the potential for corrupt misuse, say attorneys at Clark Hill and Arktouros.

  • Weighing PE Transaction Risks As EU AI Act Rolls Out

    Author Photo

    As the European Union Artificial Intelligence Act becomes effective in stages, legal practitioners involved in private equity deals should consider the transactional risks resulting from this measure, including penalties, extraterritorial reach and target-firm applicability, say lawyers at Covington.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here