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Corporate Crime & Compliance UK
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March 31, 2025
France Fines Apple €150M For App Tracking Policy
France's competition enforcer fined Apple €150 million ($162.3 million) on Monday for its rollout of a policy designed to give users more control of the data apps can track over concerns that it hindered small publishers and others that rely on data collection to finance their business.
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March 31, 2025
Billions On The Line As Justices Weigh Motor Finance Appeal
Britain's highest court will consider on Tuesday whether hidden commission payments made by lenders to car dealers were unlawful in a case that could leave banks on the hook for billions of bounds in damages and have legal ramifications far beyond motor finance.
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March 31, 2025
Primark Chief Steps Down Over Probe Into Social Conduct
Primark's parent company said Monday that the high street clothing chain's chief executive has resigned following an internal investigation by Herbert Smith Freehills LLP into his behavior toward a woman.
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March 31, 2025
'Still Early Days': A Litigation Funder Stays Optimistic
As part of a series of interviews with lawyers, class representatives and litigation-funders to mark the 10-year anniversary of the collective proceedings order regime, Law360 spoke to Neil Purslow of Therium Capital Management about the future of litigation funding for CPOs in the wake of the Supreme Court's PACCAR ruling.
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March 31, 2025
Phone Cos. Fighting £3.3B Loyalty Penalty Class Action
A group of mobile phone giants on Monday fought to block a £3.28 billion ($4.24 billion) class action alleging the companies charged customers so-called loyalty penalties, telling the U.K.'s antitrust tribunal it should not green-light the case.
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March 31, 2025
Developer Sues Construction Co. For £2.4M Cartel Losses
A building developer has sued a construction company for almost £2.4 million ($3.1 million) at the Competition Appeal Tribunal over alleged losses resulting from a demolition and asbestos removal services cartel that spanned five years.
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March 31, 2025
Trump, Starmer Discuss Averting US Tariffs On UK Goods
President Donald Trump and Prime Minister Keir Starmer discussed a possible deal between the U.S. and the U.K. to avoid U.S. tariffs from being imposed on goods such as cars and metals, the British government confirmed.
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March 31, 2025
Bank Says Caribbean Decision Blocks £415M VAT Fraud Case
A Caribbean bank argued in court Monday it could not be sued in England over a £415 million ($537 million) value-added tax fraud, because the matter had already been resolved by a judgment in Curaçao.
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March 31, 2025
Al-Fayed Estate To Face Legal Claims Over Sexual Abuse
Five alleged victims of abuse by Mohamed al-Fayed are planning to launch personal injury claims against the estate of the billionaire, who died in 2023, solicitors acting for the group said Monday.
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March 31, 2025
BoE Proposes Raising Deposit Protection Scheme Limit
The regulatory arm of the Bank of England set out proposals on Monday to raise the deposit protection limit of the Financial Services Compensation Scheme from £85,000 ($110,000) to £110,000, warning banks that they should prepare now.
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March 28, 2025
VistaJet Escapes VC Fund's Claim Over Investment Deal
A private jet company owner escaped allegations from a Guernsey venture capital fund that he secretly set up companies to leverage the resources of a business it had invested in, when a London court ruled Friday that the claim came too late.
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March 28, 2025
UK Tax Hikes, Thus Uncertainty, Seem Likely, Think Tank Says
A deteriorating fiscal outlook in the U.K. may force the Labour government to raise some taxes in its fall budget, and that likelihood is sure to foster economic uncertainty about which ones will go up, a U.K. economic research institute said.
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March 28, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.
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March 28, 2025
'We Didn't Have A Precedent': Lawyers Test New Regime
As part of a series of interviews with lawyers, class representatives and litigation-funders to mark the 10-year anniversary of the collective proceedings order regime, Law360 spoke to Boris Bronfentrinker and Ricky Versteeg — lawyers on opposite sides of the courtroom — about the watershed Mastercard swipe fees case.
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March 28, 2025
£4M Pay Collusion Fine Is A Warning To Train Recruiters
A £4 million ($5.2 million) fine against major sports broadcasters for colluding to fix freelancers' pay is a warning to employers to ensure their recruiters understand how to comply with competition law as enforcement grows.
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March 28, 2025
Santander Whistleblower Cannot Add FCA Info To Claim
An employment tribunal has rejected a former financial crime policy manager's bid to widen her second whistleblowing claim against Santander to include correspondence with the financial watchdog, ruling that the changes were too fundamental to the basis of her claim.
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March 28, 2025
Wealth Manager Beats €50M Investment Fraud Case
A wealth manager has defeated a €50 million ($54.1 million) investment fraud case brought by an Italian investment vehicle, after a London judge ruled Friday that the losses were the result of "market turmoil" caused by the COVID-19 pandemic.
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March 27, 2025
U Of Sussex Fined £585K For Trans Policy's 'Chilling Effect'
A regulator has fined the University of Sussex a record £585,000 ($758,000) because its transgender equality statement had a "chilling effect" on free speech, causing staff to censor themselves.
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March 27, 2025
WhatsApp Should Get To Fight €225M GDPR Fine, ECJ Urged
WhatsApp should be allowed to challenge a European Union board's order for Irish authorities to increase a data protection fine that topped out at €225 million ($243 million), an adviser to the bloc's top court said Thursday.
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March 27, 2025
'A Challenge We Have To Rise To': Class Reps Take The Stage
Launching a series of interviews with lawyers, class representatives and litigation-funders to mark the 10-year anniversary of the collective proceedings order regime, Law360 spoke to Justin Gutmann and Rachael Kent about how the role of class reps has evolved in the decade since CPOs were introduced
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March 27, 2025
Key Moments That Formed The UK's Class Action Regime
The U.K.'s collective proceedings regime — introduced a decade ago — has grown rapidly after a slow start. Law360 looks here at the biggest moments of the regime so far and what's ahead.
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March 27, 2025
Hayes Thought Libor Submissions Were Legal, Lawyer Argues
Counsel for Tom Hayes urged Britain's top court Thursday to overturn the trader's conviction for rate rigging, arguing his client didn't believe that there was a law "which absolutely prohibits" the consideration of trading advantage when making submissions.
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March 27, 2025
Court Backlog To Soar To 100K Cases By 2029, Gov't Warns
The U.K. government announced a record high Crown Court backlog Thursday, warning that if the crisis continues at its current rate then 100,000 cases could be waiting to be heard by the end of 2029.
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March 27, 2025
Russian Pol's Wife Says Sanctions Breach Allegation 'Fantasy'
The wife of a former Russian politician said Thursday during her London trial for allegedly breaching sanctions against her husband that she did not know at the time that the U.K. and EU had separate sanctions regimes.
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March 26, 2025
EU Import System Fails To Prevent VAT Fraud, Report Says
The European Union's simplified import customs procedures do not do enough to identify and prevent value-added tax fraud because of loopholes and inconsistencies, an EU watchdog said, also pointing out that various bloc members' oversight of such procedures was lacking.
Expert Analysis
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How Sustainability Directive Will Contribute to EU Regulation
The EU Sustainability Directive, in potentially enhancing certain obligations and setting a new benchmark for environmental and human rights due diligence practices, is a significant piece of legislation that will likely support the broader legal framework of other laws in a developing legal puzzle, say Rebecca Chin and Silke Goldberg at HSF.
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Experian Ruling Helps Cos. Navigate GDPR Transparency
In Information Commissioner v. Experian, the Upper Tribunal recently reaffirmed the lawfulness of the company's marketing practices, providing guidance that will assist organizations in complying with the GDPR’s transparency obligations, say lawyers at Jenner & Block.
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Clarity Is Central Theme In FCA's Greenwashing Guidance
Recent Financial Conduct Authority guidance for complying with the U.K. regulator's anti-greenwashing rule sends an overarching message that sustainability claims must be clear, accurate and capable of being substantiated, say lawyers at Cadwalader.
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What The EU Sustainability Directive Will Mean For Companies
The European Parliament’s recent approval of the landmark Corporate Sustainability Due Diligence Directive provides welcome clarity for small and midsize enterprises regarding human rights and environmental due diligence expectations, forming part of a growing pressure on companies around the world to operate ethically and sustainably, say lawyers at Jenner & Block.
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What Can Be Learned From CMA's Green Claims Investigation
The Competition and Markets Authority's recent investigation into retailers' allegedly misleading environmental claims demonstrates that all consumer-facing businesses must exercise caution and ensure their green credentials are genuine, say Charlotte Kong and Stephen Sidkin at Fox Williams.
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The Art Of Corporate Apologies: Crafting An Effective Strategy
Public relations challenges often stop companies from apologizing amid alleged wrongdoing, but a recent U.K. government consultation seeks to make this easier, highlighting the importance of corporate apologies and measures to help companies balance the benefits against the potential legal ramifications, says Dina Hudson at Byfield Consultancy.
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AI Tools Could Enhance UK Gov't Public Services Strategy
The government’s recently announced intention to pilot artificial intelligence tools in routine policy work is part of a wider strategy to revolutionize the delivery of public services, and could improve productivity and create efficiencies, provided it is mindful of the potential risks involved, say attorneys at Akin.
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Taking Stock Of The Latest Criminal Court Case Statistics
The latest quarterly statistics on the type and volume of cases processed through the criminal court illustrate the severity of the case backlog, highlighting the need for urgent and effective investment in the system, say Ernest Aduwa and Jessica Sarwat at Stokoe Partnership.
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ICO Data Protection Guidance Offers Clarity On Fining Powers
New guidance from the Information Commissioners' Office is designed to offer transparency about its fining powers, and, combined with the office's wide-ranging enforcement authority, clearly intends to ensure breaching companies concentrate on the external harm they cause and not only internal changes, say Robert Allen and Amelia Handoll-Clark at Simmons & Simmons.
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Hugh Grant Case Raises Questions About Part 36 Offers
Actor Hugh Grant's recent decision to settle his privacy suit by accepting a so-called Part 36 offer from News Group — to avoid paying a larger sum in legal costs by proceeding to trial — illustrates how this legal mechanism can be used by parties to force settlements, raising questions about its tactical use and fairness, says Colin Campbell at Kain Knight.
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Investment Security Act Fine-Tune May Help Businesses
Although the government’s recent response to feedback on the National Security and Investment Act regime makes it clear that its approach is one of fine-tuning and substantial reforms will have to wait, there is still room to ease the burden on businesses by issuing guidance and refining the terms of mandatory area definitions, say lawyers at Linklaters.
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How New FCA Rules Strengthen Borrower Protections
The Financial Conduct Authority’s recently published final rules, aimed at strengthening protections for borrowers in financial difficulty by regularizing good practices across the industry, put its previous guidance on a permanent footing and send a clear message to firms that this issue remains a regulatory priority, say James Black, Julie Patient and Mark Aengenheister at Hogan Lovells.
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How Cos. Can Prepare For EU's Forced Labor Regulation
Before a new European Union regulation takes effect banning products made with forced labor from the internal market, economic operators will need to get their supply chain compliance functions ready, familiarizing themselves with international standards and case law, say Vassilis Akritidis and Jean-Baptiste Blancardi at Crowell & Moring.
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Opinion
New Property Category Not Needed To Regulate Digital Assets
The U.K. Law Commission's exploration of whether to create a third category of property for digital assets is derived from a misreading of historical case law, and would not be helpful in resolving any questions surrounding digital assets, says Duncan Sheehan at the University of Leeds.
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FTSE Draft Rules Show Impact Of FCA Listing Reforms
FTSE Russell’s recently published provisional rule changes represent a much-awaited indication of its response to the U.K. Financial Conduct Authority’s proposed listing reforms, providing a level of certainty that will assist issuers and advisers in preparing for the implementation of the regime, say lawyers at Davis Polk.