Corporate Crime & Compliance UK

  • November 26, 2025

    UK Launches Reward Program For Tax Fraud Whistleblowers

    The U.K. government launched a reward program on Wednesday for whistleblowers who report large-scale tax fraud to HM Revenue and Customs, offering informants significant payouts if investigators can claw back sizable amounts of tax.

  • November 26, 2025

    London Court Nixes Bid To Halt UniCredit's Russian Arbitration

    A London court has rejected an attempt by a fashion retail outlet owner to block UniCredit from continuing arbitration proceedings in Russia aimed at taking some of its roughly €42 million ($49 million) property portfolio.

  • November 26, 2025

    FCA Charges 2 With Insider Dealing Linked To Takeover

    The Financial Conduct Authority said Wednesday that it has started criminal proceedings against two men for allegedly making £70,000 ($93,000) from insider dealing linked to the £969 million takeover of a former property investment trust listed in London.

  • November 26, 2025

    Betting Biz SportPesa Defeats Fraudulent Stake Dilution Case

    Online betting company SportPesa has defeated a claim brought by its former chair, as a judge found that there was no evidence of an unlawful scheme to dilute his valuable stake in the company.

  • November 26, 2025

    Trafigura Nickel Trader Planned $600M Fraud, Gupta Testifies

    Metals trader Prateek Gupta on Wednesday denied defrauding Trafigura out of $600 million in a nickel scam, saying during cross-examination that the alleged fraud was instigated by Trafigura and that he was merely "following instructions."

  • November 26, 2025

    Barrister Disbarred For Misleading Client In Fees Scheme

    A tribunal has ordered a barrister to be disbarred after it found that he had deceived a client into paying fees for legal work to a bank account in his name, the Bar Standards Board said Tuesday.

  • November 25, 2025

    4 Things To Watch As UK Releases Budget

    The U.K.'s Labour government is set to release an autumn budget Wednesday that faces a test of balancing a pledge not to raise working people's taxes with an expected need to boost revenue to meet fiscal rules. Here are four things to watch for as the budget is issued.

  • November 25, 2025

    FCA Engages With WH Smith After North America Profits Error

    The Financial Conduct Authority revealed Tuesday that it is speaking with WH Smith after an independent review by Deloitte found that the company's North American division made an accounting blunder that overstated profits by as much as £50 million ($65.4 million).

  • November 25, 2025

    NCA Files Claim Against Withers, Tycoon Over £50M Trust

    The National Crime Agency has filed a High Court claim against a politician and tycoon and a subsidiary of Withers amid a dispute over his £50 million ($66 million) London property portfolio, which is held in trust by the law firm.

  • November 25, 2025

    Waste Co. Must Pay Fired Worker With Whistleblowing Claim

    A waste management company cannot overturn an order to continue paying one of its drivers, as an employment tribunal ruled it is likely he will win his claim that he was fired for raising health and safety concerns.

  • November 25, 2025

    MPs Call For Expansion Of State Reinsurer To Cyberthreats

    The government should extend the scope of the U.K.'s £2.2 trillion ($2.9 trillion) terrorism reinsurer to cover emerging cyberthreats, lawmakers have said, amid growing concerns about a risk to the economy of a major attack on IT infrastructure.

  • November 25, 2025

    Kuwait Pension Chief's Kids Fail To Escape $1B Bribery Case

    The children of a Kuwaiti pension authority director lost on Tuesday their bid to escape a case the organization has brought over an alleged $1 billion bribery scheme orchestrated by their father, who died in 2022. 

  • November 25, 2025

    FCA Cancels Insurance Biz's License Over Compliance Issues

    The Financial Conduct Authority has said it has prevented a company that sells insurance policies for dental and breast implants from conducting any regulated activities because it failed to pay fees it owed to the watchdog.

  • November 24, 2025

    $18B Spain Claim Was Nixed Over Investment Issue

    The international tribunal that threw out an $18 billion claim brought by a group of Filipinos who accused Spain of stymying their efforts to enforce a $14.9 billion arbitral award against Malaysia concluded that the claimants had not made a protected investment, according to a newly public award.

  • November 24, 2025

    Credit Suisse Denies Role In Tech Exec's Alleged Stock Theft

    Credit Suisse has urged a New York federal judge to let it out of a lawsuit by an Aeva Technologies co-founder who claims the banking giant provided "institutional cover" to conspirators who allegedly stole tens of millions of dollars, arguing that it also fell victim to the scam.

  • November 24, 2025

    SFO's Crypto Probe Marks Shift In Tackling Blockchain Fraud

    The launch by the Serious Fraud Office of its first cryptocurrency investigation signals an appetite for using new resources to crack down on fraud, part of a wider move by U.K. law enforcement agencies to treat blockchain as a mainstream threat, lawyers say.

  • November 24, 2025

    Ex-Trafigura Exec Denies Devising $600M Nickel Fraud

    Trafigura's former head of nickel trading denied conspiring with Prateek Gupta to defraud the company out of $600 million through a sham nickel trade deal, as he gave evidence at the trial on Monday.

  • November 24, 2025

    Sheikh Held Liable For €67M Shares Breach By Top UK Court

    Britain's highest court ruled on Monday that a business tycoon breached his fiduciary duties when he transferred shares out of his wound-up company, and ordered him to hand over €67 million ($77 million) in damages.

  • November 24, 2025

    Fair Work Agency Promised An Extra £1M For Investigators

    The new U.K. labor rights watchdog will get an extra £1 million ($1.3 million) for a team of specialist investigators, HM Treasury has confirmed.

  • November 24, 2025

    Ex-Georgia PM Wins $607M Appeal Over Credit Suisse Fraud

    The Bermudan life insurance arm of Credit Suisse lost its challenge on Monday to a $607 million damages bill it owes to the former prime minister of Georgia as the top court for overseas U.K territories rejected its arguments.

  • November 21, 2025

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

    This past week in London has seen Clyde & Co. face a claim from Yorkshire firm GWB Harthills, a property developer previously investigated over suspected bribery and corruption sue the general counsel and solicitor to HM Revenue and Customs, and sportswear giant Gymshark bring an intellectual property claim against its co-founder's rival company, AYBL. Here, Law360 looks at these and other new claims in the U.K.

  • November 21, 2025

    10-Year Migrant Pathway May Be 'Catastrophic' For Employers

    The government's plan to extend routes to settlement in Britain for migrants to up to 20 years could have "catastrophic consequences" for sponsoring employers and risks tying vulnerable workers to bad bosses for a decade, experts have warned.

  • November 21, 2025

    UK Government Faces Backlash Over Juryless Trial Proposal

    Controversial plans to overhaul criminal law to bar some defendants from electing to be tried by a jury won't succeed in reducing the backlog of cases without long-term funding, and it suggests that the government is no longer able to deliver justice, experts said Friday. 

  • November 21, 2025

    FCA Plans Reduced Reporting To Save Firms £108M A Year

    The Financial Conduct Authority proposed Friday to reduce transaction reporting requirements for 1,400 firms in the financial sector, which would save them an estimated £108 million ($141 million) a year.

  • November 21, 2025

    Ex-Reform UK Politician Gets 10 Yrs Over Pro-Russian Bribes

    The former leader of the Reform UK party in Wales was sentenced to over 10 years imprisonment on Friday for receiving corrupt payments in exchange for supporting Russian causes in speeches made when he was a member of the European Parliament.

Expert Analysis

  • What UK Security Act Report Indicates For Future Gov't Policy

    Author Photo

    Following the recent publication of the National Security and Investment Act report on the scrutiny of proposed investments, it will be interesting to see how the act’s powers fit into a government policy that plans to cut regulatory obstacles, while maintaining a hard line on national security, say lawyers at Katten Muchin.

  • What UK Takeover Code's Narrowed Focus Will Mean For Cos.

    Author Photo

    In narrowing its scope of application, the U.K. Takeover Panel's forthcoming amended code will have practical implications for U.K.-registered companies and ultimately provide greater market clarity and certainty, say lawyers at Davis Polk.

  • Examining UK And EU Approaches To Sanctions Enforcement

    Author Photo

    In light of the Financial Conduct Authority’s recent £28.9 million fine of Starling Bank for its lax sanctions screening processes, businesses should understand both the U.K.’s and the European Union’s enforcement approaches, the larger sanctions landscape and the importance of cooperation, says Angelika Hellweger at Rahman Ravelli.

  • M&A Takeaways From 1st EU Foreign Subsidies Merger Ruling

    Author Photo

    The European Commission’s recent decision on the merger between e& and PFF Telecom is the first to approve a transaction subject to commitments under the Foreign Subsidies Regulation, serving as a helpful guide by confirming that behavioral measures ring-fencing EU activities from the potential effect of third-country subsidies are acceptable, say lawyers at Cleary.

  • What New Int'l Treaty Means For Global AI Regulation

    Author Photo

    Lawyers at Bird & Bird consider how global artificial intelligence regulation will be affected by the first international AI treaty recently signed by the U.S., EU and U.K., as well as its implications for business and several issues that stakeholders should be aware of.

  • Factors Driving EU Competition Policy For The Next 5 Years

    Author Photo

    Teresa Ribera Rodríguez’s recent nomination as the new European Union commissioner for competition prompts questions about policy and enforcement, with goals to enhance competition in business, implement stronger and faster enforcement, and promote and fund decarbonization likely in her sights during a five-year term, say lawyers at Linklaters.

  • 2 Highlights From Labour's Notable Employment Rights Bill

    Author Photo

    The Labour government’s recently unveiled Employment Rights Bill marks the start of a generational shift in U.K. employment law, and its updates to unfair dismissal rights and restrictions on fire-and-rehire tactics are of particular note, say lawyers at Covington.

  • How Energy Scheme Is Affecting Large Co. Fund Investment

    Author Photo

    The latest phase of the Department of Energy and Climate Change's Energy Savings Opportunity Scheme implicates funds with investments in large companies by establishing significant and complex changes to the reporting cycle for mandatory assessments, say lawyers at Macfarlanes.

  • How Companies House Enforcement Powers Are Growing

    Author Photo

    Companies House's recently increased ability to assess what material is submitted to the U.K. register of companies, and to proportionately enforce where violations have occurred, may require some degree of cultural shift within many companies, say lawyers at Greenberg Traurig.

  • How New Sanctions Office Will Affect UK Trade Landscape

    Author Photo

    The recent launch of the Office of Trade Sanctions Implementation will help to create a more comprehensive civil enforcement terrain, but the potential for multiple investigations means businesses should reassess their systems to ensure they do not inadvertently incur civil liability, says Julia Pearce at Robertson Pugh.

  • FCA Savings Update Focuses On Good Customer Outcomes

    Author Photo

    The Financial Conduct Authority’s recent cash savings update emphasizes its expectations of firms to deliver fair value to consumers by documenting the rationale for actions at each stage, considering customer communications and demonstrating that potential harms are acted upon, say Matt Handfield, Charlotte Rendle and Caroline Hunter-Yeats at Simmons & Simmons.

  • Opinion

    Why The UK Gov't Should Commit To An Anti-SLAPP Law

    Author Photo

    Recent libel cases against journalists demonstrate how the English court system can be potentially misused through strategic lawsuits against public participation, underscoring the need for a robust statutory mechanism for early dismissal of unmeritorious claims, says Nadia Tymkiw at RPC.

  • 5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling

    Author Photo

    The U.K. Supreme Court's recent judgment in UniCredit Bank v. RusChemAlliance, upholding an injunction against a lawsuit that attempted to shift arbitration away from a contractually designated venue, provides helpful guidance on when such injunctions may be available, say attorneys at Fladgate.

  • FCA's Broad Proposals Aim To Protect Customer Funds

    Author Photo

    The Financial Conduct Authority’s proposed changes to payments firms’ safeguarding requirements, with enhanced recordkeeping and fund segregation, seek to bolster existing regulatory provisions, but by introducing a statutory trust concept to cover customers’ assets, represent a set of onerous rules, says Matt Hancock at Greenberg Traurig.

  • Complying With Growing EU Supply Chain Mandates

    Author Photo

    A significant volume of recent European Union legislative developments demonstrate a focus on supply chain transparency, so organizations must remain vigilant about potential human rights and environmental abuses in their supply chain and make a plan to mitigate compliance risks, say lawyers at Weil.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here