Corporate Crime & Compliance UK

  • May 13, 2026

    Chubb, Fidelis Lose Russian Aircraft Contribution Claim Bid

    A High Court judge on Wednesday blocked an attempt by insurers Chubb and Fidelis to claim contributions from a group of underwriters for their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine.

  • May 12, 2026

    MFS Owner Accused Of 'Plundering' £1.3B For Lavish Lifestyle

    The administrators of Market Financial Solutions have accused the collapsed lender's owner of systematically plundering £1.3 billion ($1.8 billion) in a "widescale" fraud to fund his "lavish lifestyle."

  • May 12, 2026

    Deutsche Bank Can Question Billionaire In $360M Debt Fight

    Deutsche Bank can seek to force Monaco-based billionaire Alexander Vik to answer questions about his company's assets to help claw back debt exceeding $360 million, after a London appeals court ruled Tuesday it does have the power to issue such an order.

  • May 12, 2026

    VTB Can't Lift Block On $156M JPMorgan Russian Funds Case

    VTB Bank has lost its bid to lift an injunction that blocks it from bringing a $156 million case against JPMorgan in Russia over frozen funds, with a London appeals court upholding a ruling that the claim was "vexatious and oppressive."

  • May 12, 2026

    New Liability Rules Put Businesses In Uncharted Territory

    New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.

  • May 12, 2026

    Ex-Privatbank Owners Say Payments Erased $3B Fraud Loss

    The former owners of PrivatBank urged an appeals court on Tuesday to overturn a finding that they owe the Ukrainian lender $3 billion, arguing that a later repayment to the bank "extinguished" the loss resulting from their fraudulent loan recycling scheme.

  • May 12, 2026

    Investigators Seize £725K Linked To Brazilian Bribery Case

    Financial crime investigators in Jersey have seized more than £725,000 ($980,000) in bribes that were laundered by the former chief executive of Brazil's largest oil and gas transportation company.

  • May 12, 2026

    FCA Bans, Fines Pensions Advisory Director For Misconduct

    The Financial Conduct Authority said on Tuesday that it has fined a pensions adviser £755,000 ($1 million) and banned him from working in financial services in Britain for acting without integrity and putting customers at risk for personal gain.

  • May 12, 2026

    Swiss Watchdog Eyes Tighter AML Controls On Ownership

    The Swiss financial markets watchdog released plans on Tuesday to tighten up its anti-money laundering rules, with new measures that would require banks, insurers and investment funds to understand the ownership and control structure of the customer.

  • May 12, 2026

    Split Trial Unworkable In £4.5M Claim Against Post Office

    An appellate court ruled on Tuesday that practical difficulties render a split-trial order unworkable in a £4.5 million ($6.1 million) claim brought by a former sub-postmaster against the Post Office and Fujitsu over a judgment that was allegedly fraudulently obtained.

  • May 12, 2026

    Judicial Watchdog To Reopen Bullying Judge Complaints

    The Judicial Conduct Investigations Office will reopen complaints by several women who say that they were bullied by an Employment Tribunal judge, conceding before an upcoming court hearing that it had misapplied rules on how it investigates conduct.

  • 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.

Expert Analysis

  • Banker Remuneration Proposals Could Affect More Than Pay

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    The Financial Conduct Authority and Prudential Regulation Authority’s pending proposals to reduce banker remuneration restrictions bring obvious personal financial advantages for bankers, but may have repercussions that result in increased scrutiny of bonus payments and wider changes to workplace culture and overall accountability, say lawyers at Fox Williams.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • EU Report May Influence Regulation Of Decentralized Finance

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    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

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    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

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    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

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    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

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    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

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    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.

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    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

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    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

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    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

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    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

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    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

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    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

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    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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