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Corporate Crime & Compliance UK
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November 18, 2025
Employers Bracing For Impact As EU AI Act Deadline Nears
Less than a fifth of employers feel very prepared to comply with European Union artificial intelligence regulations despite widespread awareness of how upcoming rule changes will affect workers, according to a report published Wednesday.
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November 18, 2025
BHP Dam Case Highlights Legal Risk For UK Businesses
A landmark ruling holding mining giant BHP liable for a catastrophic dam collapse in Brazil signals the English courts' growing readiness to hold U.K.-based multinationals to account for harm overseas.
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November 18, 2025
SFO To Move Headquarters To Canary Wharf In 2026
The U.K.'s white-collar crime agency said on Tuesday that it will move its headquarters to Canary Wharf in 2026 as it stressed that the new location in east London will help it meet the challenges of investigating serious fraud and corruption.
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November 18, 2025
Mike Lynch's Estate Seeks To Challenge HP Fraud Judgment
Mike Lynch's estate asked a London court on Tuesday for permission to appeal against a judgment that found he had defrauded Hewlett Packard Enterprise, attacking a ruling that an entity set up to buy the technology entrepreneur's company was misled.
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November 18, 2025
Ex-Mishcon Client's Contempt Of Court Bid Challenged
A London judge challenged a former client of Mishcon de Reya LLP who alleges that the firm's lawyers gave false statements to court, telling her Tuesday that she has put forward no simple or straightforward charge of contempt of court.
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November 18, 2025
Seismic Tech Co. Güralp Says SFO Missed DPA's Deadline
A seismic technology company urged London judges on Tuesday to rule that it had not breached its corporate bribery settlement agreement with the Serious Fraud Office, arguing that the agency had missed its deadline.
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November 18, 2025
EU Targets Financial Cyber Risks With New IT Provider Rules
The three financial watchdogs of the European Union named on Tuesday the designated third-party providers of critical information and communication technology for finance companies, which it will regulate directly.
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November 18, 2025
Kuwaiti Pension Chief's Heirs Fight To Avoid $1B Fraud Debt
The children of a former Kuwaiti pensions fund director told an appeals court on Tuesday that they should not be held liable for their now-dead father's alleged $1 billion fraud debt, arguing that successors outside the English jurisdiction cannot be forced to pay.
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November 17, 2025
SAP Proposes Fixes Amid EU Antitrust Probe
German software giant SAP has offered a set of commitments to European enforcers who raised concerns over maintenance and support services for the company's business management software.
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November 17, 2025
Solicitor Faces Tribunal Over Allegations Of Misleading Client
A criminal defense solicitor fought allegations in a London disciplinary tribunal Monday that he had instructed a client to falsely deny allegations of corruption and to fabricate a narrative for their high-profile trial.
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November 17, 2025
TotalEnergies, Partners Fined €187M For Fuel Depot Collusion
A French competition regulator revealed Monday that it has imposed fines totaling almost €187.5 million ($217.4 million) against the owners of Corsican oil depots, including fuel giant TotalEnergies, for colluding to reserve the use of the only two fuel stores on the Mediterranean island for themselves.
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November 17, 2025
Trafigura Accuses Gupta Of $600M Sham Nickel Trade At Trial
Trading company Trafigura told the High Court on Monday that Prateek Gupta and his companies defrauded it out of $600 million in a sham nickel trade, opening a long-awaited trial over Trafigura's purchase of purported nickel shipments that turned out to be "worthless."
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November 17, 2025
Fugitive Can't Appeal Extradition For 5-Year Fraud Sentence
A fugitive sentenced to more than five years in prison for fraud can't appeal his extradition to Italy, as a court ruled Monday that the decision correctly weighed up the public interest in him serving time against the difficulties his family would face.
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November 17, 2025
Fraudulent Insurance Claims Continue To Top £1B A Year
Fraudulent claims in the U.K. general insurance sector rose again in 2024, with those linked to motor cover driving much of the increase, the Association of British Insurers warned on Monday.
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November 17, 2025
Hacker Ordered To Forfeit £4M In Crypto After Twitter Heist
A London court has ordered an aspiring web developer to pay back £4.1 million ($5.4 million) worth of cryptocurrency after he was convicted of hacking high-profile Twitter accounts and money laundering in the U.S.
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November 14, 2025
Italian Police Seize Assets In €260M VAT Fraud Probe
Italian financial police seized corporate assets Friday as part of an investigation into a criminal ring suspected of evading €260 million ($302 million) in value-added taxes on fuel, European Union authorities said.
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November 14, 2025
Trafigura's $600M Fraud Trial To Test Metals-Trading Practices
Metals magnate Prateek Gupta will face trial in London on Nov. 17 over allegations that he and his companies perpetrated "systematic fraud" against Trafigura, with the trading company alleging that Gupta cheated it out of $600 million in a nickel fraud scheme.
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November 14, 2025
Billionaire Used Spy To Extract Privileged Info From Solicitor
Mexican billionaire Ricardo Salinas Pliego used a private intelligence agent to dupe a law firm partner into divulging privileged and confidential information about a man Salinas claims defrauded him out of more than $415 million, a London court has found.
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November 14, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.
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November 14, 2025
VietJet Avoids Criminal Contempt Claim In Aircraft Dispute
A subsidiary of an international private investment company cannot pursue a Vietnamese budget airline for contempt of court, after the Court of Appeal held Friday the airline cannot be criminally liable for conduct not prohibited by an injunction protecting the company's aircraft.
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November 14, 2025
EU Court Upholds Sanctions On Relative Of Syria's Assad
A second cousin of former Syrian president Bashar al-Assad has lost a bid to lift sanctions against him as the European Union's top court rejected his argument that the bloc's decision to sanction him on the grounds of his family connection was unfair.
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November 14, 2025
EU To Boost Cooperation Among Enforcers To Fight Tax Fraud
The European Union pledged on Friday to bolster its fight against massive tax fraud that costs approximately €89 billion ($103 billion) across the bloc each year by rolling out a plan to deepen cross-border cooperation.
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November 14, 2025
How Mishcon Helped Uncover £5.6B Money Laundering Plot
Law360 examines here how a suspicious activity report raised by Mishcon de Reya about a client's attempted transactions served as the catalyst for one of the biggest cryptocurrency seizures in British history.
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November 14, 2025
Denmark Has Until Dec. 12 To Appeal £1.4B Cum-Ex Defeat
Denmark has 28 days to try to revive its £1.4 billion ($1.8 billion) case over a tax fraud allegedly orchestrated by convicted hedge fund trader Sanjay Shah, a judge said Friday as he gave full reasons for refusing permission to appeal.
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November 14, 2025
BHP Found Liable In £36B Brazil Dam Collapse Case
BHP can be held liable in a £36 billion ($47 billion) claim for the collapse of a dam in Brazil that triggered the country's worst environmental crisis, a High Court judge ruled Friday, handing a major win to lawyers representing more than 640,000 individuals.
Expert Analysis
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Market Infrastructure Regs Aim To Reinvigorate EU Trading
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.
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The Pros And Cons Of A 2nd Trump Term For UK Tech Sector
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.
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Why EU Omnibus Package Is Receiving Mixed Reactions
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.
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Review Of Computer Evidence Use Raises Complex Issues
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.
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How Proposed Private Share Trading System May Benefit Cos.
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.
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New Bill Introduces Important Whistleblower Protections
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.
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Important Changes To Note In Accountant Ethics Code Update
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.
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What EU Sustainable Category Proposals Will Mean For Funds
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.
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What To Expect As CAT Considers Mastercard Settlement
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.
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Managing Transatlantic Antitrust Investigations And Litigation
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.
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What 2025 Holds For UK, EU Restructuring And Insolvency
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.
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What To Know As EU Urges Outbound Investment Reviews
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.
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Competition Act Brings Important UK Merger Control Changes
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.
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How GCs Can Protect Cos. From Geopolitical Headwinds
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.
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What BT Ruling Will Mean For UK Class Actions
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.