Corporate Crime & Compliance UK

  • October 27, 2026

    FCA Senior Manager Reforms Could Open Door To Bad Apples

    Proposals by the Financial Conduct Authority to replace its senior managers regime approval process for some roles with company-led notifications of appointments to the regulator could create openings for bad apples, lawyers have warned.

  • October 27, 2026

    Former Company Director Can't Avert £283K Tax Bill On Loan

    A former company director can't avoid nearly £283,000 ($377,000) in income tax on the unpaid balance of a loan despite it being written off, a London tribunal ruled, because the settlement with liquidators doesn't shield them from taxation.

  • October 27, 2026

    BDO Sued For $30M Over Class Action Firm's 'Ponzi Scheme'

    The administrators of class action services provider Goal Group have sued BDO for $30 million, alleging the auditor negligently failed to detect that the company was counting proceeds from clients' claims as revenue, ultimately causing its collapse.

  • October 27, 2026

    Contractor Loses Appeal Bid Over £63K VAT Bill

    A Northern Ireland scaffolding contractor lost its bid to appeal against a value-added tax assessment of £63,600 ($84,700) over whether Britain's tax authority broke its own deadline after a London tribunal ruled in a judgment published Tuesday that the tax authority needed more evidence.

  • October 27, 2026

    Gupta's Liberty Commodities Auditor HW Fisher Fined By FRC

    Britain's accounting regulator said Tuesday it has fined accountancy firm HW Fisher £140,000 ($187,000) for "serious and numerous" failures in auditing a commodities trader that formed part of Sanjeev Gupta's industrial group.

  • October 27, 2026

    Man Arrested Over Fake Insurance Claim For 'Stolen' Sheep

    A man who claimed 650 of his sheep were stolen has been arrested under suspicion of fraud after he tried to claim almost £100,000 from his insurer.

  • October 26, 2026

    Investor Says Judge Used Wrong Test In JV Property Row

    A property investor urged London's Court of Appeal on Monday to overturn findings that he misrepresented costs in a London real estate joint venture, arguing that the trial judge applied the wrong legal test when deciding he owed fiduciary duties.

  • October 26, 2026

    EasyJet Won't Pay $72M For Jets Abandoned Over Sanctions

    EasyJet has denied that it owes the Irish arm of a Russian aircraft lessor $72 million, telling a London court that it had to abandon six aircraft in light of U.K. and European Union sanctions.

  • October 26, 2026

    FCA's Mortgage Rules Revamp Could Boost Misselling Risk

    The Financial Conduct Authority's proposed rewrite of mortgage rules within its consumer duty regime, designed to protect households from taking risky financial action, could lead home buyers to make poor decisions and expose them to misselling traps, according to legal experts.

  • October 26, 2026

    Forged Deed Fueled $15M Court Judgment, Developer Says

    A property developer is seeking to overturn a judgment against him of almost $15 million, alleging that his former business partner's company used a fraudulent agreement bearing a signature in his name to persuade a court that he owed millions under a financing deal.

  • October 26, 2026

    EU Accepts Temu Plan After €200M Illegal Goods Fine

    The European Commission said Monday that it has approved Temu's plan to improve its risk assessments after it fined the online retailer €200 million ($224 million) in May over illegal products sold on its platform.

  • October 23, 2026

    CPS Secures £50M Wealth Order Against 2 British Nationals

    British prosecutors on Friday froze £50 million ($67 million) worth of cars, cash, a yacht and overseas properties using sweeping dirty money powers as part of a wider money laundering investigation into two U.K. nationals.

  • October 23, 2026

    Tory Insiders Get Suspended Sentences Over Election Betting

    Three Conservative Party insiders received suspended sentences Friday for cheating at gambling by placing bets on the timing of the 2024 general election.

  • October 23, 2026

    German Court Convicts 2 In €200M VAT Fraud Scheme

    Two individuals have been convicted in Germany for acting as members of a criminal organization to carry out a €200 million ($224 million) value-added tax fraud involving electronics, the European Public Prosecutor's Office said Friday.

  • October 23, 2026

    FCA Proposes Fraud, Crypto And Sanctions Control Updates

    The Financial Conduct Authority said Friday it plans to strengthen its financial crime controls to combat criminals as they adopt increasingly sophisticated methods and harness new technologies to create fresh threats.

  • October 23, 2026

    Former Prince Andrew Can Be Called As Witness In Fraud Trial

    A former Goldman Sachs banker accused of misappropriating assets from the multimillionaire wife of an imprisoned Turkish politician was given permission by a judge on Friday to call Andrew Mountbatten-Windsor to give evidence at trial.

  • October 23, 2026

    Ex-Nigerian Governor Seeks Cut To £101.5M Crime Order

    A former Nigerian governor convicted of money laundering asked the Court of Appeal on Friday to reduce his £101.5 million ($135.7 million) confiscation order, arguing an earlier judge wrongly accounted for inflation on money in frozen accounts.

  • October 23, 2026

    UK Regulators Propose Simplifying Senior Managers Regime

    The Financial Conduct Authority and the Bank of England have proposed simplifying the senior managers and certification regime, which they say would save businesses £2 billion ($2.7 billion) a year.

  • October 23, 2026

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

    The past week in London has seen former solicitor Paul Baxendale-Walker file a claim, private equity firm Novalpina Capital sue its founder Stefan Emanuel Kowski amid fallout over its investment in NSO Group, and Boehringer bring a patents claim against Teva Pharmaceuticals.

  • October 23, 2026

    Ex-Judge Warns Against Ditching Juries From Fraud Trials

    A former senior judge has spoken out against government plans to allow judge-only trials for cases of serious fraud and financial crime, rejecting arguments that juries are unable to understand complex cases.

  • October 23, 2026

    FCA Restricts 6 Firms Over AML Control Concerns

    The Financial Conduct Authority said Friday it has restrained the activities of six unregulated lenders over concerns about their anti-money laundering controls, limiting their ability to take on new customers or extend credit to existing borrowers.

  • October 23, 2026

    Coinbase Fined €3.2M For Safeguarding, Outsourcing Failings

    The Central Bank of Ireland has fined crypto asset-trading platform Coinbase Ireland more than €3.2 million ($3.8 million) for breaches of its safeguarding and outsourcing obligations under European Union regulations.

  • October 22, 2026

    UK Risks Falling Behind On Financial Threats, FCA Warns

    The U.K. risks losing its ability to respond to rapid technological change, and regulators and industry must collaborate more quickly to protect financial markets from emerging threats, the head of the Financial Conduct Authority said Thursday.

  • October 22, 2026

    White Collar Boutique Rahman Ravelli Enters Administration

    Boutique white collar criminal law firm Rahman Ravelli has gone into administration after a quarter-century of representing clients in corporate crime cases.

  • October 22, 2026

    SRA Flags Poor Follow-Through By Law Firms On AML Efforts

    The Solicitors Regulation Authority warned law firms Thursday to ensure lawyers follow their anti-money laundering procedures, after finding that firms were failing to put their own policies into practice.

Expert Analysis

  • Despite Acquittal, Gallery Case Warns Of UK Sanctions Risk

    Author Photo

    Although art gallery Hauser & Wirth was able to defeat criminal charges of breaching the U.K. Russia sanctions regime, the ruling illustrates that prosecution for those operating in high-value international markets is a real-world risk, say lawyers at Fieldfisher.

  • Sanctions Spotlight: Rise Of Trade Measures In The UK

    Author Photo

    With HM Revenue & Customs' recent settlement with Petrofac marking the first public naming of a company for breaches of U.K. trade sanctions, and regulators demonstrating an increasing emphasis on systems and controls, there is clearly a more complex landscape evolving that businesses need to navigate, says Alexandra Melia at Steptoe.

  • Entain Ruling Offers Parties Key E-File Guidance

    Author Photo

    The U.K. Commercial Court’s recent decision in Various Claimants v. Entain PLC provides guidance for the first time for those navigating a court document filing pilot scheme, offering a practical template for parties to litigation involving sensitive issues by balancing transparency obligations with legitimate confidentiality concerns, say lawyers at HSFK.

  • FCA Letter Highlights Football Clubs' Crypto Deal Risks

    Author Photo

    The Financial Conduct Authority’s recent warning to Premier League football clubs about sponsorship arrangements with unauthorized crypto-asset businesses demonstrates its concerns over unlawful financial promotions and anti-money laundering compliance failures, both of which run the risk of significant reputational damage and criminal prosecution, says Sushil Kuner at Freeths.

  • SRA Whistleblower Protections Will Test Legal Sector Culture

    Author Photo

    The Solicitors Regulation Authority's recent extension of whistleblower protections to law firm employees helps close the long-standing gap between professional and ethical obligations, but it does not fully resolve the cultural and structural barriers to reporting legal industry misconduct, says Georgia Learoyd at Howard Kennedy.

  • Parsing ICO Storage And Access Guidance Exceptions

    Author Photo

    Recent final guidance on storage and access technologies from the U.K. Information Commissioner's Office reflects the government's emphasis on key data privacy concerns, though businesses should consider leveraging several crucial exceptions, say lawyers at Hunton.

  • Int'l Bribery Enforcement Takeaways After SFO Conference

    Author Photo

    While the U.K. Serious Fraud Office's recent conference demonstrated a global consensus on the importance of combating bribery and corruption, lagging enforcement from U.S. and U.K. regulators suggests that muscular supranational agencies may soon step up to lead cross-border investigations, say lawyers at Addleshaw Goddard.

  • Making Deals Once EU Merger, Investment Screenings Overlap

    Author Photo

    Though proposed updates would result in greater overlap between European Commission merger control efforts and foreign investment screening, dealmakers must understand how different objectives still drive these regimes and how this recalibrated regulatory environment will affect their transactions, say attorneys at Mayer Brown.

  • BP Board Coup Spotlights Powers To Remove Directors In UK

    Author Photo

    Recent action taken against BP PLC’s chair reveals the authority conferred on boards by an organization's bespoke articles of association and stands as a reminder that director removal in the U.K. is not a simply a voting rights issue, raising questions about the allocation of power between boards and shareholders, say Dan Coppel and James Ford at Faegre Drinker.

  • What EU Tech Licensing Changes Mean For Businesses

    Author Photo

    Following the European Union’s modernization of the Technology Transfer Block Exemption Regulation, organizations should consider how the broadened antitrust safe harbor applies, particularly where technology licensing agreements involve data-sharing arrangements, territorial restrictions or competitor relationships, say lawyers at Steptoe.

  • UK-Gulf Trade Deal Offers Key Benefits, But Hurdles Remain

    Author Photo

    The U.K.’s recent free trade agreement with the Gulf Cooperation Council is expected to deliver U.K. businesses a competitive advantage, with simplified procedures and tariff removal across manufacturing, services and digital trade sectors, but navigating Gulf regional tensions and differing regulatory regimes will create challenges, say lawyers at King & Spalding.

  • Crypto Sector Sees Tougher Sanctions Compliance Demands

    Author Photo

    The U.K. government’s recently announced Russian sanctions package focusing on crypto-assets is a clear indication that authorities consider the crypto sector a major enforcement area, firmly within the scope of financial sanctions law, says Thomas Cattee at Gherson Solicitors.

  • AI Puts Financial Firms' Human Accountability To The Test

    Author Photo

    A recent Financial Services Skills Commission report illustrates the paradox that artificial intelligence increases the need for human oversight while automating the pathways through which that expertise is developed, and financial firms whose governance evolves at pace with technology are poised to benefit the most, say Louise Neave and Jack Paul at Fox Williams.

  • Why Tonzip Is Notable In English Sanctions Law Development

    Author Photo

    The Court of Appeal's ruling in Tonzip Maritime Ltd. v. 2Rivers Pte Ltd., the latest in the English law of sanctions ownership and control, confirms that where a contract refers to sanctions exposure, the relevant question may be whether there is a real and objectively reasonable risk, not whether a sanctions breach has already been proved, say lawyers at Michelman Robinson.

  • AI Makes Law Firm Change Management A Client Issue

    Author Photo

    As artificial intelligence implementation is causing clients' expectations of outside counsel to shift toward greater risk control and more transparent value, successful law firm transformation and the preservation of professional trust will require governance, training and accountability, says John Hutchinson at Broadfield.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here