Corporate Crime & Compliance UK

  • March 26, 2026

    Whistleblower Bank Exec Wins Costs In Welsh Bribery Feud

    A bank in Wales must help pay a former senior executive's costs in a dispute over claims that it fired him for raising concerns that his line manager was allegedly accepting bribes from the CEO. 

  • March 26, 2026

    UK Watchdog Revamps Audit Supervision In Quality Boost Bid

    The accounting watchdog has launched a modernized supervisory framework for audit firms, centered on their systems of quality management used to deal with risks to audit quality.

  • March 26, 2026

    Ex-Police Federation Treasurer Gets 2 Yrs For Expenses Fraud

    A former police officer and treasurer with the West Mercia Police Federation has been sent to prison after using members' funds to pay for family holidays, alcohol and entertainment.

  • March 26, 2026

    Fraud Plan Puts FCA At Forefront Of UK Crypto-Crackdown

    The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.

  • March 25, 2026

    Amazon Can't Ax Overlapping Price Inflation Class Actions

    Amazon has failed to strike out a class action over its allegedly abusive pricing policies which saw higher fees passed on to consumers, as a tribunal rejected the technology giant's argument that the proceedings are an abuse of process.

  • March 25, 2026

    Dentons Says AML Claims Shouldn't Face Tribunal Rerun

    Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.

  • March 25, 2026

    Modi Can't Block India Extradition Over Torture Fears

    A London court declined on Wednesday to stop the extradition to India of jewelry magnate Nirav Modi over an alleged $2 billion fraud after accepting diplomatic assurances he wouldn't be tortured.

  • March 25, 2026

    Odey Denies Trying To Silence Groping Victim In FCA Probe

    Crispin Odey told a London tribunal on Wednesday that he denied trying to stop a member of staff who he had groped from speaking to the Financial Conduct Authority while it investigated his conduct at the hedge fund.

  • March 25, 2026

    UK Mulls Faster Director Bans In Civil Enforcement Shake-Up

    The government floated plans on Wednesday to streamline the civil enforcement powers of corporate watchdogs to ban unscrupulous directors as it warned that as many as one million companies might be fraudulent.

  • March 25, 2026

    CPS Freezes £81M London Flats In Wealth Order Probe

    A Chinese man living in the U.K. has been ordered to explain how he built an £81 million ($108 million) property portfolio in London amid a wider investigation into whether the money was the proceeds of crime.

  • March 25, 2026

    Russian Sanctions Blocked $69M Unicredit Lease Payments

    Unicredit rightly withheld $69.3 million in payments to aircraft lessors for planes stranded in Russia, Britain's top court ruled Wednesday, as it found that the sanctions regime prevented the bank from making payments connected to the supply of aircraft to Russian airlines.

  • March 24, 2026

    Judge Sanctions Searches For Proceeds Of €58M VAT Fraud

    A judge lawfully issued search and seizure warrants against a man convicted in Germany over a €58 million ($67.2 million) value-added tax "carousel" fraud, a London court has held, because there were reasonable grounds to suspect he had invested the proceeds in Bitcoin.

  • March 24, 2026

    Deutsche Bank Seeks To Grill Vik Over Assets In $360M Fight

    Deutsche Bank urged the Court of Appeal on Tuesday to revive its bid to order Monaco-based billionaire Alexander Vik to answer questions about his company's assets, in the latest development in its effort to enforce a judgment debt of more than $360 million.

  • March 24, 2026

    Brazilian Municipalities Can't Take BHP Case To Top UK Court

    BHP may not face criminal contempt proceedings over allegations it filed a case in Brazil to block English claims linked to the Fundão dam collapse, as a London appeals court has refused permission to take the case to the U.K.'s top court.

  • March 24, 2026

    Odey Regrets Coming Across To Staff As 'Creepy Old Man'

    Crispin Odey said on Tuesday that he regrets coming across to young receptionists as a "creepy old man," as his challenge to a ban and fine of £1.8 million ($2.4 million) for thwarting an internal probe into sexual misconduct allegations continues.

  • March 24, 2026

    NCA, Police Arrest 557 In Anti-Fraud 'Operation Henhouse'

    Police arrested 557 individuals in February as part of the Operation Henhouse campaign against fraud, coordinated by the National Economic Crime Centre at the National Crime Agency and City of London Police, the NCA said Tuesday.

  • March 24, 2026

    Mike Lynch's Estate Denied Appeal In HP Fraud Case

    Mike Lynch's estate has been refused permission to challenge a ruling that the entrepreneur fraudulently misled Hewlett Packard Enterprise over its acquisition of his software company as a court found on Tuesday that no proposed ground of appeal had a prospect of success.

  • March 24, 2026

    Bank Of London Fined £2M For Misleading Capital Claims

    The Bank of England said Tuesday that it has fined Bank of London £2 million ($2.7 million) for failing to act with integrity and misleading the regulator on its capital holdings, which included providing several fabricated documents.

  • March 23, 2026

    Brexit Donor Loses Appeal Of Inheritance Tax Bill

    A political donor's bid to secure an inheritance tax exemption on £1.7 million ($2.2 million) in Brexit campaign donations made as lifetime gifts has been dismissed by a London tribunal.

  • March 23, 2026

    Pipe Co. Owes £30K For Catch-22 Dismissal Of Injured Staffer

    An employment tribunal has ordered a manufacturer of sustainable water and energy systems to pay £30,792 ($41,330) to a warehouse operative, after finding he was wrongly fired over unfounded accusations that he was defrauding insurers to receive sick pay.

  • March 23, 2026

    PI Says Hacking Confession In Celebs' Mail Claim Was Forged

    A private investigator testified Monday that his signature had been forged on a witness statement in which he allegedly confessed to phone hacking, and which underpins privacy claims brought by Prince Harry, Elton John and other public figures against the Daily Mail's publisher.

  • March 23, 2026

    Four Men Convicted Of Duping Investors Out Of Millions

    Four men accused of defrauding investors out of millions of dollars in get-rich-quick schemes have been convicted of fraud and money laundering, prosecutors said Monday.

  • March 23, 2026

    Modi Owes $10M For Diamond Firm Loans, Bank Of India Says

    Bank of India told a London court on Monday that jewelry magnate Nirav Modi has failed to pay it $10.7 million after he guaranteed to cover loans to his diamond company.

  • March 23, 2026

    FCA Opens Its Data To Palantir In Fraud Crackdown

    The Financial Conduct Authority said Monday that it will give Palantir Technologies Inc. access to its regulatory data as part of its efforts to crack down on financial crime by using artificial intelligence as a resource. 

  • March 20, 2026

    Misconduct Reports To FCA Double In Number Since 2020

    The number of reports the FCA has received about misconduct by financial services firms has more than doubled in the last five years, law firm Littler has said.

Expert Analysis

  • New Anti-Corruption Task Force Bolsters Int'l Collaboration

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    The recent creation of an anti-corruption task force by the U.K., France and Switzerland demonstrates a commitment to tackling bribery within national and international frameworks, and organizations within these jurisdictions’ remit, including U.S. companies operating in Europe, should review their compliance practices to ensure they address diverging requirements, say lawyers at Skadden.

  • FCA's Regulatory Plans Signal Cause For Cautious Optimism

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    The Financial Conduct Authority’s latest strategy document plans for less intrusive supervision, a more open and collaborative approach, and a focus on assertive action where needed, outlining a vision of deepened trust and rebalanced risk that will be welcomed by all those it regulates, says Imogen Makin at WilmerHale.

  • How CMA Is Responding To UK Gov't Pro-Growth Agenda

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    With the U.K. government’s recent call for the Competition and Markets Authority and other regulators to better support economic growth, the competition policy landscape is shifting materially toward an emphasis on a more proportionate and targeted approach to merger enforcement, say lawyers at Macfarlanes.

  • US Diversity Policies Present Challenges To UK And EU Cos.

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    Following President Donald Trump’s recent executive orders calling for increased scrutiny of diversity, equity and inclusion initiatives, it is clear that global businesses operating in the U.K. and European Union will need to understand regional nuances to successfully navigate differing agendas on either side of the Atlantic, say lawyers at Jenner & Block.

  • Updated EU Procedure Streamlines Data Transfer Approval

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    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

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    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

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    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • Rising To The Task Of Online Safety Act Compliance

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    The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

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    The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.

  • What To Know About FCA's UK Listing Rules Proposal

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    A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

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    With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • New UK Short Selling Rules Diverge From EU Regs

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    Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.

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