Corporate Crime & Compliance UK

  • February 02, 2026

    Carter-Ruck Partner Can Claim Costs For Failed SRA Action

    The Solicitors Disciplinary Tribunal ruled Monday that a Carter-Ruck partner can in principle recover costs from the industry regulator after she was cleared of disciplinary charges linked to the OneCoin cryptocurrency scam, but said that the High Court should decide how much.

  • January 30, 2026

    Tech Exec Fired After Board Coup Bid Was 'Unfairly' Let Go

    A London Employment Tribunal has ruled that a financial technology payment startup unfairly dismissed its chief technology officer, but did not do so for the disclosures he made amid a souring relationship with the company's chief executive that led to an attempted boardroom coup.

  • January 30, 2026

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

    This past week in London saw collapsed solar bonds company Rockfire Capital sue the Royal Bank of Scotland, e-ticket platform Eventbrite target the owners of Salford Red Devils rugby club over an alleged contract breach, and Scottish distiller William Grant & Sons square off against a former MP in a trademark tussle tied to its Glenfiddich whisky. 

  • January 30, 2026

    Trafigura Wins Trial Over $500M Nickel Fraud Against Magnate

    Trading company Trafigura was the victim of a "massive fraud" carried out by Prateek Gupta and his companies in which he made $500 million in sham nickel trades, a London court concluded on Friday.

  • January 30, 2026

    FCA Proposes New Climate Disclosure Rules For Listed Cos.

    The Financial Conduct Authority proposed to replace its climate disclosure rules on Friday for companies listed on the London Stock Exchange, under a new regime aligned with international standards.

  • January 30, 2026

    Higher Fines, New Settlements In UK Sanctions Revamp

    The sanctions enforcer plans to introduce higher maximum fines and a new settlement scheme as part of a wave of reforms aimed at keeping pace with the increased volume and complexity of its investigations.

  • January 29, 2026

    MoD Urged To Unite Teams To Better Combat Economic Crime

    The U.K.'s public spending watchdog urged the Ministry of Defence on Friday to create a single body that brings together the department's counter-fraud and police teams to better investigate economic crime.

  • January 29, 2026

    Ex-Oil Minister Says She Repaid 'Lavish' Gifts From Execs

    Diezani Alison-Madueke did not abuse her position as a Nigerian petroleum minister by accepting "lavish" gifts from oil executives as the cash, car rides and luxury accommodation were later reimbursed, her lawyer told jurors in London on Thursday. 

  • January 29, 2026

    Ex-LCF Boss Violated Court Order Imposed During SFO Probe

    The former chief executive of London Capital & Finance PLC and his wife admitted on Thursday to breaching a court order imposed during an investigation into the £237 million ($326.8 million) collapse of the company, the Serious Fraud Office said.

  • January 29, 2026

    Barclays Traders' Rate-Rigging Cases Sent To Court Of Appeal

    The watchdog for miscarriages of justice referred the convictions of five former Barclays traders back to the Court of Appeal on Thursday after concluding that the legal errors which led the country's highest court to overturn historical Libor and Euribor prosecutions also undermined their cases.

  • January 29, 2026

    FCA, OFSI Team Up To Fight Crypto Abuse, Money Laundering

    The Financial Conduct Authority has joined forces with the sanctions policing body, law enforcement agencies and regulators in an information-sharing initiative to tackle the abuse of crypto assets and money laundering.

  • January 29, 2026

    Local Authority Settles Claim Over Lost £20M Bond Investment

    A local council in England has agreed to a settlement in its £20 million ($28 million) claim against a regulatory host over allegedly fraudulent misrepresentations that led the now essentially bankrupt authority to invest in high-risk bonds.

  • January 29, 2026

    Deutsche Bank Probed For Suspected Money Laundering

    German prosecutors confirmed on Thursday that they are investigating Deutsche Bank AG for suspected money laundering activity linked to foreign businesses. 

  • January 29, 2026

    Howard Kennedy's Ex-Client Can't Challenge £196K Legal Bill

    Howard Kennedy LLP has successfully defeated a former client's challenge to a legal bill of almost £196,000 ($270,000) racked up in connection with Financial Conduct Authority proceedings, as a London court ruled that the man was made aware of the costs.

  • January 28, 2026

    Belarusian Co. Fights To Overturn 'Irrational' UK Sanctions

    A Belarusian construction company urged a London appellate court Wednesday to overturn a decision upholding the U.K. Foreign Office's imposition of economic sanctions on it, arguing that it no longer benefited from or supported the republic's government in Minsk.

  • January 28, 2026

    Lawyers Urge UK Gov't To Expand Anti-SLAPP Laws

    More than 120 lawyers and other representatives of civil society called on Wednesday for the government to include provisions in the next King's Speech for tackling strategic legal claims designed to gag reporting and silence criticism.

  • January 28, 2026

    Coinbase Crypto Ads Banned Over Cost-Of-Living Claims

    The Advertising Standards Authority banned adverts by Britain's largest crypto-asset exchange on Wednesday, saying that they trivialize the risk of cryptocurrency investing by implying it could be an alternative to cost-of-living concerns.

  • January 28, 2026

    Ex-OPEC Head Vowed Oil Execs Would Join Her In Jail

    Diezani Alison-Madueke threatened to expose the oil tycoons who had showered her with lavish gifts after hearing rumors of a plot to "sink" her, vowing to "escort all of you to jail along with myself," prosecutors told a London court on Wednesday.

  • January 28, 2026

    FCA Urged To Clarify AI Rules For Senior Managers

    The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.

  • January 27, 2026

    UBS Wants Hayes' $400M Malicious Prosecution Suit Axed

    UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.

  • January 27, 2026

    Slapped Down: SRA At Crossroads After SLAPP Setbacks

    The string of failed prosecutions brought by the Solicitors Regulation Authority against City lawyers accused of trying to silence journalists on behalf of clients has raised questions about its enforcement strategy, with critics accusing the watchdog of overreaching its rules.

  • January 27, 2026

    Ex-OPEC Head Accused Of Taking Cash, Cars, Jets In Bribes

    Diezani Alison-Madueke lived a "life of luxury" taking bribes that included cash, cars and the use of high-end properties to "favor" executives in Nigeria's oil and gas industry, prosecutors said at the start of her criminal trial in London on Tuesday.

  • January 27, 2026

    Execs Say $22M Investec Loan Breached Sberbank Sanctions

    Two business executives have denied owing Investec Bank PLC almost £22 million ($30.2 million) over loan agreements, arguing that the Anglo-South African lender knew the deals were designed to aid the purchase of a Russian bank's assets in breach of sanctions.

  • January 27, 2026

    Home Office Pressed Over Failure To Explain RTW Fine

    The Home Office must explain how it has determined that someone does not have the right to work in the U.K. when it issues penalty notices to employers, a restaurant argued at Britain's top court on Tuesday.

  • January 27, 2026

    Ex-Biotech CEO Wins New Shot At Whistleblowing Claim

    A London appeals judge has handed the sacked chief executive of a biotechnology company a second shot at his whistleblowing claim, slamming an earlier tribunal's "wholly insufficient" assessment of his claimed protected disclosures.

Expert Analysis

  • A Softer Tack For Online Ads Marks Next Step In Data Reform

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    While the initiative of the U.K. Information Commissioner's Office to relax enforcement of advertising cookie consent represents a welcome attempt to balance privacy protection and commercial realities, several questions remain that will limit companies' ability to benefit from the U.K. proposals, say lawyers at Skadden.

  • CMA App Store Mandates Fall Short Of Regulatory Ambitions

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    The Competition and Markets Authority's recent proposals to loosen Google and Apple’s mobile platform duopoly are a far cry from the assertive and wide-reaching interventions that advocates of the Digital Markets Unit had hoped to see from the new competition regulator, says Ronan Scanlan at Steptoe.

  • Catching Up On Simplified EU Sustainability Disclosure Rules

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    A recent proposal to streamline implementation of the EU’s Taxonomy Regulation contains measures that would reduce companies’ sustainable investment reporting and compliance requirements, and better support the EU’s climate and environmental goals, say lawyers at Proskauer.

  • Cos. Must Take Action As Corporate Enforcement Evolves

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    The Serious Fraud Office's renewed vigor toward proactive corporate enforcement, as evidenced by its recently affirmed commitment to collaboration with the U.S. on cross-border investigations, means that organizations must solidify their antibribery and corruption frameworks to remain ahead of fast-moving regulatory and legislative initiatives, say lawyers at Weil.

  • UK Reforms Investment Rules, But Clarity Concerns Remain

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    The U.K. government’s recent reforms to the National Security and Investment Act 2021 demonstrate a continuing pragmatic approach by requiring fewer deal filings, but the regime would benefit from more clarity in key areas, say lawyers at McDermott.

  • Fraud Law Puts Fund Managers Under Compliance Spotlight

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    The new failure to prevent fraud offense, effective Sept. 1, may not represent a material departure from most managers’ duties to exercise due care in preventing loss to the assets they manage, but the prospect of criminal liability should sharpen their compliance focus, says Andrew Henderson at Goodwin Procter.

  • CMA Pricing Guide Signals Shift In UK Consumer Protection

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    The Competition and Markets Authority’s recent draft price transparency guide, as part of a wider reform introduced by the Digital Markets, Competition and Consumers Act 2024, represents a significant change in U.K. consumer protection by targeting unfair trading practices and strengthening enforcement mechanisms, says Felicity Forward at Shoosmiths.

  • 8 Compliance Team Strategies To Support Business Agility

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    Amid new regulatory requirements across the globe, compliance functions must design thoughtful guardrails that help business leaders achieve their commercial objectives lawfully — from repurposing existing tools to using technology thoughtfully — instead of defaulting to cumbersome protocols that hinder legitimate business, says Theodore Edelman at GCE Advisors.

  • What To Note From FCA, Gov't Financial Growth Proposals

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    Recent Financial Conduct Authority and government proposals for financial services reform are positive developments for firms, signaling a drive to push forward growth and a willingness to be flexible in areas of regulation that the industry has long raised as barriers, say lawyers at Simmons & Simmons.

  • How Accessibility Act Is Reshaping EU Digital Compliance

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    In adding binding requirements to digital spaces, the recently enacted European Accessibility Act aims to harmonize rules and promote digital inclusion across the EU, a departure from earlier frameworks that relied on voluntary standards for businesses, say lawyers at Greenberg Traurig.

  • Opinion

    Managers' Expanded Corp. Liability Proposal Is Too Vague

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    The Crime and Policing Bill 2025, currently under consideration by the House of Lords, implements a dramatic expansion of managers’ corporate liability in ambiguous provisions that may lead only to cumbersome and unintended consequences for companies, says Vanessa Reid at Corker Binning.

  • What Gov't Report Tells Lawyers About Continuing AML Risks

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    The U.K. government’s recent national money laundering risk assessment maintains conveyancing, company service work and misuse of client accounts as key threats, underscoring that law firms should expect renewed scrutiny and higher expectations in these high-risk areas, says Harriet Holmes at Thirdfort.

  • Russia Sanctions Spotlight: Strengthening Enforcement

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    The Office of Financial Sanctions Implementation’s proposed changes to its enforcement process by increasing monetary penalties, and introducing schemes to encourage cooperation, suggest that businesses should expect an expansion of financial sanctions enforcement, says Alexandra Melia at Steptoe.

  • What EU GPAI Compliance Code Will Mean For Developers

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    The European Union recently released a code of practice to guide compliance for general purpose artificial intelligence models, offering early adopters regulatory deference, but posing timing concerns and significant costs burdens that may discourage smaller developers, say lawyers at Perkins Coie.

  • How Top Court Ruling Limits Scope Of Motor Finance Claims

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    The U.K. Supreme Court’s recent ruling in a landmark case concerning car finance commissions clarifies when and how a dealership’s fiduciary duties arise, considerably narrowing that path for mass consumer litigation and highlighting how an upcoming Financial Conduct Authority redress scheme will seek to balance consumer, lender and market interests, say lawyers at Cadwalader.

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