Corporate Crime & Compliance UK

  • May 12, 2026

    2 Former Carillion Execs Banned For Misleading Statements

    The accounting watchdog said Tuesday that it has banned two former finance directors of Carillion PLC from working in the profession for their reckless preparation of financial statements for the construction business, which is in liquidation.

  • May 11, 2026

    1 In 3 Large UK Companies Faced HMRC VAT Probe

    Britain's tax authority investigated one in three large companies on value-added tax matters in financial year 2024-25 as part of efforts to crack down on noncompliance, according to official data.

  • May 11, 2026

    UK Sanctions Russia Over Child Abductions, Disinformation

    The U.K. government sanctioned on Monday 85 individuals and companies linked to Russia's "abhorrent" forced deportation and militarization of Ukrainian children and interference with Armenian elections.

  • May 11, 2026

    Shuttered Law Firm Faces Claim From Staff After SRA Steps In

    Regional law firm BLB Solicitors is facing a claim that it failed to consult up to 85 staff who it made redundant after the Solicitors Regulation Authority stepped in to shutter the operation when it collapsed.

  • May 11, 2026

    Ex-Stockbroker Sentenced To Extra 499 Days In Prison

    A former stockbroker convicted for money laundering has been sentenced to a further 499 days in prison for failing to fully repay money owed under a confiscation order, the Financial Conduct Authority has said.

  • May 11, 2026

    TikTok Says £12M Children's Data Fine Exceeded ICO Powers

    TikTok urged an appeals tribunal on Monday to scrap a £12.7 million ($17.3 million) fine for misusing children's personal information, arguing that it should not have been handed the penalty because it had processed data for a "special purpose."

  • May 11, 2026

    Finance Body Sets Out Plan To Boost UK Growth Agenda

    A trade body for financial institutions released Monday a report on how financial services can deliver the government's economic growth plan, two days ahead of the King's speech expected to set out related legislation.

  • May 08, 2026

    News Publisher Denies Ousting Execs For Whistleblowing

    A regional newspaper publisher has denied forcing out two executives for blowing the whistle on its allegedly fraudulent overcharging of advertisers, while pressing home its claim that the pair must repay £900,000 ($1.2 million) over their plot to aid rival Reach PLC.

  • May 08, 2026

    Manager Accused Of Credit Card Fraud Was Unfairly Sacked

    A home care manager who was fired after being accused of misusing the family-run business' credit card amid a power struggle has won his unfair dismissal case.

  • May 08, 2026

    FCA Eases Auto Finance Redress Timetable Amid Legal Action

    The Financial Conduct Authority said Friday that it will withdraw some timetabled requirements for lenders under its £7.5 billion ($9.9 billion) motor finance compensation program because they might need to change their plans after several legal challenges.

  • May 08, 2026

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

    The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.

  • May 08, 2026

    TV Lawyer Beats SRA's Claim Of Secret Cash-In-Hand Work

    A criminal law solicitor who previously appeared on British television has persuaded a disciplinary panel to reject an allegation that he misled his firm by secretly representing a client for £250 ($340) in cash on his day off work.

  • May 08, 2026

    Widow Can't Lift EU Sanctions Over Ties To Syria's Assad

    The European Union's highest court has maintained sanctions against the widow of Mohammed Makhlouf, the uncle of former Syrian President Bashar al-Assad, as it upheld findings that her family exercised direct influence over the Assad regime.

  • May 08, 2026

    Hoka Sneaker Maker Defeats Price-Fixing Ruling

    The maker of Hoka running shoes has overturned a ruling that it engaged in indirect price fixing by blocking a retailer from selling through an online discount store, as the Court of Appeal concluded on Friday that it did not distort competition.

  • May 07, 2026

    Italian Man Arrested Amid Probe Into Large-Scale VAT Fraud

    Italian authorities have arrested a businessman suspected of laundering the proceeds of a multimillion-euro value-added tax fraud, the European Public Prosecutor's Office said.

  • May 07, 2026

    2 Men Convicted Of Spying On Hong Kong Activists In UK

    Two men were convicted on Thursday of spying for China through "shadow policing operations" that targeted Hong Kong dissidents living in Britain.

  • May 07, 2026

    Solicitor Barred After Failing To Cooperate With Ombudsman

    A former owner of a law firm has been struck off the roll of solicitors after a tribunal found that he failed to comply with court orders and provided false information in applications for professional insurance cover.

  • May 07, 2026

    Gov't Says It Can Prioritize US In Hacker Extradition Row

    The U.K. government asked an appeals court on Thursday for permission to challenge a ruling quashing its decision to defer Portugal's extradition request for the founder of online cybercrime marketplace RaidForums in favor of that of the U.S.

  • May 07, 2026

    Met Officer, 4 Ex-Officers Probed Over Al-Fayed Abuse Claims

    The police watchdog said Thursday that it is investigating a serving Metropolitan Police officer and four former officers for potential misconduct over their handling of sexual misconduct allegations against Mohamed al-Fayed, who died in 2023.

  • May 07, 2026

    Barristers Urge Release Of Delayed £34M Legal Aid Boost

    Two barristers' groups criticized the government on Thursday for failing to deliver on planned investment in criminal legal aid, after it said that it would provide extra funding to alleviate a shortage of specialist advocates amid record court backlogs.

  • May 06, 2026

    Financier Charged With Fleecing Billionaire Out Of $450M

    A financier based in Greece defrauded Mexican billionaire Ricardo Salinas Pliego out of $450 million, misappropriating stock that the telecommunications baron used to secure a loan after lying about his bona fides, New York federal prosecutors have alleged.

  • May 06, 2026

    MoFo, KC Face Saad Negligence Case After $318M Court Loss

    Liquidators for Saad Investments have launched a professional negligence claim against Morrison Foerster LLP and a senior barrister, who represented the defunct lender in a failed fight for compensation for shares worth $318 million.

  • May 06, 2026

    Ex-Everton FC Director Appeals 'Capricious' UK Sanctions

    A former director of Everton Football Club said at a London court Wednesday that the U.K. government's decision to sanction him after the Russian invasion of Ukraine had been "utterly capricious."

  • May 06, 2026

    The SFO Walked Out Of DPA Talks. This Is Why It Returned

    When the Serious Fraud Office abruptly walked away from negotiations over a deferred prosecution agreement with Ultra Electronics in 2022 and widened its bribery investigation, it signaled a setback in the agency's use of corporate settlements.

  • May 06, 2026

    Director Gets 4-Yr Ban Over £1 Debt Loophole Scheme

    The Insolvency Service said Wednesday it has banned a woman from acting as a company director for four years after she allowed two of her businesses to aid a debt-avoidance scheme that bought distressed companies for £1 ($1.40).

Expert Analysis

  • 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.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

  • ECB Guide Targets Harmonized Cyber Testing Approach

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    The European Central Bank’s recently updated guidance for testing organizational resilience against sophisticated cyberattacks is a significant step forward, highlighting the importance of a unified approach to financial sector cybersecurity and alignment with Digital Operational Resilience Act requirements, say Simon Onyons and Nebu Varghese at FTI Consulting.

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.

  • New CMA Powers Will Change Consumer Protection Regime

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    The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.

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