Corporate Crime & Compliance UK

  • 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).

  • May 06, 2026

    PayPal, Mastercard, Visa Targeted By UK Competition Probe

    The Financial Conduct Authority said Wednesday that it has launched an antitrust investigation into U.S. payment companies PayPal Holdings Inc., Visa Inc. and Mastercard Inc. linked to the funding and usage of PayPal's digital wallet.

  • May 06, 2026

    BHP Denied Appeal Over £36B Brazil Dam Liability Ruling

    BHP cannot challenge findings that it is liable for a £36 billion ($49 billion) claim over a collapsed dam in Brazil, as a London appeals court ruled Wednesday that the trial judge had not unjustly failed to engage with the miner's case.

  • May 06, 2026

    FCA To Probe Misleading Claims Management Practices

    The Financial Conduct Authority said Wednesday that it is launching a review of the claims management market, following concerns that some companies and law firms are failing consumers.

  • May 06, 2026

    SFO Rules Out Charging Individuals Tied To Bribery DPA

    The Serious Fraud Office has ruled out prosecuting any individuals after resolving its long-running bribery probe into defense contractor Ultra Electronics, according to court documents published on Wednesday.

  • May 05, 2026

    Deutsche, Pathward Want Fintech Blacklist Suit Tossed

    Deutsche Bank AG and Pathward NA urged a New York federal court to dismiss a suit accusing them of improperly blacklisting a barter-based payment platform that the banks found was "transaction laundering" for companies selling gray-market pharmaceuticals, arguing that the suit's jurisdiction assertions are fatal to the claims.

  • May 05, 2026

    HSBC Reports $400M Credit Loss Linked To Fraud

    HSBC Holdings PLC said Tuesday that its expected credit losses for the first quarter of 2026 were $400 million higher compared to a year ago, driven by a fraud-related exposure tied to a U.K. financial sponsor in its corporate and institutional banking division.

  • May 05, 2026

    Financial Crime Pro Unfairly Made Redundant Over AI Ability

    A London tribunal has ruled that a travel benefits company unfairly fired its financial crime manager amid concerns that he was not qualified to address new risks that arose with the emergence of artificial intelligence.

  • May 05, 2026

    Odey Created 'False Reality' That He Was Victim, FCA Says

    The Financial Conduct Authority told a tribunal on Tuesday that banned hedge fund manager Crispin Odey created a "false reality" that he was the victim amid disciplinary proceedings linked to allegations of sexual misconduct against staff.

  • May 05, 2026

    Anthropic Launches AI Biz With Goldman Sachs, Blackstone

    Anthropic has launched a global services company with Blackstone, Goldman Sachs and Hellman & Friedman to help banks and other businesses, including in the U.K., invest in an artificial intelligence technology that Anthropic says has identified widespread cyber vulnerabilities.

  • May 05, 2026

    EU States Agree To Share Data To Combat VAT Fraud

    European Union member states agreed Tuesday to give anti-fraud bodies more direct access to value-added tax data to better combat VAT-related crime. 

  • May 01, 2026

    Dentons Ruling Recasts Test For Lawyers' AML Misconduct

    The Court of Appeal's recent decision that the Solicitors Regulation Authority must prove that Dentons' breach of money laundering legislation was "sufficiently serious" could complicate the watchdog's job of enforcing its rules, experts say.

  • May 01, 2026

    UK Man Agrees To Guilty Plea In $60M Tax Evasion Scheme

    A former business executive has agreed to plead guilty to conspiracy to defraud the Internal Revenue Service, following an order to extradite him to the U.S. over allegations that he and five other men helped wealthy American clients hide their income.

  • May 01, 2026

    Carlyle Settles $40M Russia Jets Claim Against AXA, Convex

    An aircraft leasing company has settled its $40.5 million claim against insurer AXA for aircraft currently stranded in Russia since the beginning of the war in Ukraine.

  • May 01, 2026

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

    The past week in London has seen a Swiss energy trader bring a Financial List claim against shipping benchmarking company Baltic Exchange, law firm Slater and Gordon sued by a former client, Slack and Salesforce hit Microsoft with an antitrust claim, and Stephen Fry bring a personal injury claim after he broke bones falling off a stage. Here, Law360 looks at these and other new claims in the U.K.

  • May 01, 2026

    UK Defense Contractor Pays £15M To Settle Bribery Probe

    British defense contractor Ultra Electronics agreed to pay £14.8 million ($20.2 million) on Friday to settle a bribery investigation by the Serious Fraud Office into suspected corrupt payments involving airport contracts in Algeria and Oman.

  • May 01, 2026

    Johnson Matthey Beats Fraud Claim Over £325M Pharma Deal

    Johnson Matthey defeated on Friday a claim that it acted fraudulently in the £325 million ($444 million) sale of one of its pharmaceutical businesses, despite a finding by a London court that the chemicals business had failed to disclose to the buyer significant details about the transaction.

  • May 01, 2026

    FCA Vows Robust Defense Of Car Finance Redress In Court

    The Financial Conduct Authority said on Friday that it will mount a robust defense of its £7.5 billion ($10.2 billion) motor finance redress scheme against four legal challenges so far from lenders and a consumer group.

Expert Analysis

  • EU Report May Influence Regulation Of Decentralized Finance

    Author Photo

    The European supervisory authorities’ recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.

  • EU Paper Urges Data Protection And Competition Law Unity

    Author Photo

    A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.

  • Market Infrastructure Regs Aim To Reinvigorate EU Trading

    Author Photo

    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.

  • The Pros And Cons Of A 2nd Trump Term For UK Tech Sector

    Author Photo

    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.

  • Why EU Omnibus Package Is Receiving Mixed Reactions

    Author Photo

    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.

  • Review Of Computer Evidence Use Raises Complex Issues

    Author Photo

    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.

  • How Proposed Private Share Trading System May Benefit Cos.

    Author Photo

    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.

  • New Bill Introduces Important Whistleblower Protections

    Author Photo

    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.

  • Important Changes To Note In Accountant Ethics Code Update

    Author Photo

    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.

  • What EU Sustainable Category Proposals Will Mean For Funds

    Author Photo

    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.

  • What To Expect As CAT Considers Mastercard Settlement

    Author Photo

    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.

  • Managing Transatlantic Antitrust Investigations And Litigation

    Author Photo

    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.

  • What 2025 Holds For UK, EU Restructuring And Insolvency

    Author Photo

    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.

  • What To Know As EU Urges Outbound Investment Reviews

    Author Photo

    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.

  • Competition Act Brings Important UK Merger Control Changes

    Author Photo

    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.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here