Corporate Crime & Compliance UK

  • September 24, 2026

    Ankle Tag Co. Sued By Ousted CEO For Defamation

    The former chief executive of ankle tag maker Big Technologies has sued the company for defamation amid an ongoing £320 million ($423 million) dispute over allegations she diverted company funds and hid her involvement with shareholders.

  • September 24, 2026

    TikTok Drops Appeals Over £12.7M Children's Privacy Fine

    TikTok has agreed to pay a £12.7 million ($17 million) fine for unlawfully processing children's personal data after a tribunal rejected its challenge to the data privacy regulator's power to impose the penalty, the watchdog said Thursday.

  • September 24, 2026

    Large UK Banks Complete First Live Tokenized Transactions

    A banking trade body said Thursday that U.K. banks have completed the first live customer transactions using tokenized sterling deposits, in a major milestone for payments innovation.

  • September 24, 2026

    UK Tightens Sanctions Licensing Criteria For Iranian Banks

    The U.K. government has said it will refuse license applications from five Iran-based banks operating domestically, amid a wider campaign led by the U.S. to apply economic pressure on Iran as the war rumbles on.

  • September 23, 2026

    Architect Of £1M Binary Options Scam Sentenced To 5½ Years

    The architect of a "boiler-room" investment fraud scheme which took more than £1 million ($1.3 million) from investors was sentenced to more than five years in prison by a London judge Wednesday.

  • September 23, 2026

    EuroChem Loses Injunction As Sanctions Halt €212M Payouts

    An Italian engineering company persuaded a London judge Wednesday to discharge a four-year-old injunction designed to protect €212 million ($242 million) in bond payments sought by a EuroChem subsidiary, after Russia-related sanctions rulings effectively blocked the payouts.

  • September 23, 2026

    Watchdog Revises Auditor External Expert Standards 

    Britain's accounting watchdog has revised two of its standards on using the work of an external expert in the audit process, aligning them Wednesday with changes made by an international standard-setter.

  • September 23, 2026

    Arms Dealers Get 32 Years For Evading UK Export Controls

    Two men convicted of illegally selling arms and military equipment to countries in Africa and the Middle East were sentenced to a combined 32 years in prison on Wednesday, according to HM Revenue and Customs.

  • September 23, 2026

    Broadcast Co. Auditors Pin £225M Loss On Directors' 'Fraud'

    Auditors for Arena Television have denied liability for losses of almost £225 million ($298 million) stemming from a "pervasive fraud" allegedly perpetrated by the collapsed company's directors, saying the fraudulent activity was concealed from them.

  • September 23, 2026

    Tech Entrepreneur In Contempt Over Asset Freeze Breaches

    Tech entrepreneur Oussama Ammar has been found guilty of contempt of court after he repeatedly breached asset freezing orders and lied in sworn statements.

  • September 22, 2026

    FCA Closes In On Money-Mule Accounts Amid Rising Trend

    Financial firms shut down almost 240,000 accounts suspected of laundering money in the U.K. last year, but criminals are still moving illicit funds through multiple bank accounts before cashing out, the City regulator said Wednesday.

  • September 22, 2026

    Top KC Kelsey-Fry Sues Golf Club Bosses Over £5M Payment

    A leading King's Counsel, a former Formula One boss and a billionaire financier are seeking to recover £5 million ($6.7 million) as part of a legal tussle over control of their exclusive golf club, with a trial set to start in early 2028, the High Court was told on Tuesday.

  • September 22, 2026

    Carter-Ruck Ruling Could Hobble SRA's SLAPP Investigations

    The High Court's ruling restricting the Solicitors Regulation Authority's access to legally privileged material could hamper investigations into alleged misconduct connected with client work, particularly strategic lawsuits against public participation, lawyers say.

  • September 22, 2026

    Kuwait Loses Bid To Extradite Former Pension Chief's Widow

    Kuwait can't extradite the widow of its former pension chief from the U.K. to serve a lifetime prison sentence for allegedly stealing $73.8 million, a London judge has ruled, saying prosecutors failed to formally notify her about her criminal trial.

  • September 22, 2026

    Suspect Arrested In Electronics VAT Fraud, EPPO Says

    Dutch authorities have arrested a suspected broker in a large-scale value-added tax fraud ring involving electronics, seizing €3.5 million ($4 million) worth of assets in the process, the European Public Prosecutor's Office said Tuesday.

  • September 22, 2026

    UBS Fined €5M Over Credit Suisse Legacy Tax Evasion

    UBS said Tuesday it has agreed to pay €5 million ($5.7 million) to the Dutch Public Prosecution Service to settle a legacy case involving alleged tax evasion linked to 12 former Credit Suisse clients.

  • September 22, 2026

    FCA Wrongly Applies Time Limit To Redress Complaint

    The Financial Conduct Authority has accepted a recommendation to investigate a complaint over its handling of a redress scheme for customers of a group of lenders, after the Complaints Commissioner found the regulator had wrongly rejected the case as out of time.

  • September 21, 2026

    UK's New AML Plans May Drive Surge In Financial Crime Work

    Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.

  • September 21, 2026

    Glencore Can Bring $236M Fraud Claim Against Prax Refinery

    Glencore won permission Monday to sue the insolvent Prax Lindsey Oil Refinery over more than $236 million of crude oil supplied before it collapsed, after a London judge found the trader had an arguable case to trace some assets.

  • September 21, 2026

    FCA Sues Hunter Jones Over Alleged Unauthorized Activity

    The Financial Conduct Authority said Monday that it had brought a claim against property investment specialist Hunter Jones Group and its director over claims the company is carrying out regulated activity without authorization.

  • September 21, 2026

    Ex-Met Officer Gets 4 Years For Staged Insurance Scams

    A London court has sentenced a former Metropolitan Police officer to four years and five months in prison for his involvement in a string of fraudulent insurance claims for intentional car crashes, amid an increased focus on "crash for cash" scams.

  • September 21, 2026

    Care Worker Wins £28K After Employer 'Abused' Visa System

    An Indian care worker has been awarded £28,123 ($37,600) after an employment tribunal found that his employer "abused" the visa sponsorship system by creating false documents to "mislead" the Home Office.

  • September 21, 2026

    Carter-Ruck Wins Battle To Shield Privileged Docs From SRA

    The Solicitors Regulation Authority cannot compel law firms to disclose documents protected by clients' legal professional privilege during misconduct investigations, a London judge ruled Monday, potentially narrowing the material available to the watchdog in some disciplinary cases.

  • September 18, 2026

    F1 Says Sanctions Bar Russian Promoter's $24M Refund Bid

    The Formula One World Championship has fought back against claims that it still owes a Russian promotion company a refund for $24 million in race fees that it handed over before Russia's military invasion of Ukraine voided their contract as Western governments imposed sanctions.

  • September 18, 2026

    Superyacht Owner Seeks To Limit Payouts Over Fatal Sinking

    The owner and manager of a superyacht that sank off the Sicilian coast, killing technology entrepreneur Mike Lynch and his Clifford Chance LLP lawyer, have filed a claim in London aimed at limiting what they could owe in damages to individuals affected by the sinking.

Expert Analysis

  • 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.

  • How Firms Can Prepare For Increasing AI-Cybersecurity Risks

    Author Photo

    The growing convergence between cybersecurity and artificial intelligence means that businesses need to recognize the breadth of the threat, and conduct repeated testing and adjustment to address the shifting risk landscape, say lawyers at Debevoise.

  • EU AI Omnibus Makes Key Changes But Leaves Uncertainties

    Author Photo

    The European Council and Parliament’s recent provisional agreement on the artificial intelligence omnibus delivers some simplification to the European Union AI Act and achieves a broadly balanced outcome, but whether it truly improves legal certainty will depend on the commission's ability to deliver the implementing acts, say lawyers at CMS.

  • EU Protocol Strengthens Int'l Criminal Asset Recovery Powers

    Author Photo

    The Council of Europe’s recently adopted protocol to the Warsaw Convention marks a significant evolution in the international asset recovery landscape, signaling a focus on proactive and coordinated methods that require organizations to consider how to respond quickly to unexpected enforcement action, say lawyers at Trowers & Hamlin.

  • A Potent EU Tool To Block Russian Arbitration Interference

    Author Photo

    The European Union’s latest sanctions package introduces an EU-wide antisuit injunction mechanism that offers businesses a powerful weapon against Russia's efforts to derail international arbitration with forum-shopping tactics, say lawyers at Signature Litigation.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here