Corporate Crime & Compliance UK

  • July 03, 2026

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

    The past week in London, Russia's state development bank was sued in a commercial fraud claim involving military GPS technology, one of Nike's subsidiaries brought an intellectual property claim against a menswear company owner, BlackBerry re-opened a $6.49 million claim against its South Asian licensee and CBRE property services filed a claim against CMS Cameron McKenna Nabarro Olswang LLP. 

  • July 03, 2026

    Insurer Loses Bid To Brand Ex-CEO's £1.7M Take Dishonest

    An appeals court rejected on Friday an insurer's argument that its former chief executive had dishonestly pocketed £1.7 million ($2.3 million) from the business, ruling that a judge had fairly concluded that he believed he was authorized to take the money.

  • July 03, 2026

    Italian Engineer Wins Order Blocking 'Vexatious' Russian Case

    An Italian engineering company has successfully prevented a Eurochem subsidiary owned by a sanctioned oligarch from trying to enforce a $1.19 billion judgment against it in Russia, as a court held that the Russian proceedings are "vexatious and oppressive."

  • July 03, 2026

    EU Adviser Backs Oligarch Sanctions Tied To Alfa Bank Role

    German Khan can't lift European Union sanctions against him, because the oligarch manages the assets of Alfa Bank which is one of the most important companies in Russia's banking sector, an advocate general of Europe's top court has said.

  • July 03, 2026

    Axiom Ince Says SRA Missed £65M Shortfall For Months

    Axiom Ince has challenged the solicitors watchdog's defense to the law firm's negligence claim, arguing that the regulator missed a "crucial opportunity" to uncover the alleged £65 million ($87 million) misappropriation of client money by intervening too late.

  • July 02, 2026

    BNP Paribas Exits Fed's 2017 Forex Trading Consent Order

    The Federal Reserve has freed BNP Paribas from a 2017 consent order tied to its foreign exchange trading operations, ending an enforcement action that came with a more than $246 million fine and was one of several to target big banks over past price-fixing concerns.

  • July 02, 2026

    SFO Ends Signature Group £140M Property Fraud Probe

    The Serious Fraud Office said Thursday that it had closed its investigation into property manager Signature Group over a suspected £140 million ($187 million) investment fraud after concluding that there was no realistic prospect of conviction.

  • July 02, 2026

    Moody's Germany Fined €2.1M For Misreporting To ESMA

    Moody's Germany has been fined €2.1 million ($2.4 million) for repeatedly providing incomplete and inaccurate regulatory data to the European Union's financial markets watchdog, including incorrect information on credit ratings, rating outlooks and historical performance, as well as deficiencies in its reporting controls.

  • July 02, 2026

    Forvis Mazars Fined £577K Over Botched Retailer Audit

    Forvis Mazars LLP has been fined £577,000 ($771,000) and one of its partners £33,000 by the U.K. accounting watchdog over serious failings in its audit of a digital catalog retailer's 2021 financial statements, conducted about eight months before the company collapsed.

  • July 02, 2026

    FCA Partially Suspends Motor Finance Compensation Program

    The Financial Conduct Authority said Thursday that a tribunal has partially suspended its motor finance compensation scheme until legal challenges in December or February 2027 are completed, as it confirmed that lenders targeted in complaints are not currently required to calculate or pay compensation.

  • July 02, 2026

    UK Crypto Firms Face Tough Hurdles Under New FCA Regime

    Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.

  • July 02, 2026

    Bank Of Baroda Pays $600M To Settle NMC Fraud Case

    India's Bank of Baroda has paid $600 million to reach a settlement over claims that it helped facilitate a multibillion-dollar fraud against NMC Health PLC, lawyers for the administrators of the United Arab Emirates healthcare group said Thursday.

  • July 01, 2026

    Investor Alleging €45M Fraud Seeks To Join Freeze Litigation

    An investment fund alleging it is the victim of a €45 million ($51.3 million) fraud on Wednesday sought to join litigation over the alleged scammers' frozen bank accounts, saying it is the best way it could assist the ongoing investigation.

  • July 01, 2026

    Bank's £32M Payout Signals FCA's Push For Faster Probes

    The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.

  • July 01, 2026

    KC Thought He Was 'Clever Enough' To Lawfully Cut Tax Bill

    A senior barrister accused of cheating the public revenue out of nearly £2 million ($2.6 million) believed he was "clever enough" to devise a lawful scheme to reduce his tax liability, his counsel told the trial Wednesday.

  • July 01, 2026

    Top UK Court Revives Denmark's £56M Cum-Ex Broker Claim

    Britain's highest court revived on Wednesday Denmark's £56 million ($74 million) fraud claim against an English broker that arose from the wide-ranging cum-ex tax refund scandal, overturning a ruling that the dispute had already been resolved in earlier proceedings.

  • June 30, 2026

    Billionaire Appeals Abuse Of Process Ruling In $415M Suit

    Mexican billionaire Ricardo Salinas Pliego urged an appeals court Tuesday to overturn a ruling refusing him a quick win in his $415 million fraud claim, arguing that using a private intelligence agent to gain information from his opponent's lawyer did not amount to an abuse of process.

  • June 30, 2026

    KC Dodges Disbarment Over False Oxford Degree Claim

    A King's Counsel successfully overturned his disbarment over falsely claiming he studied at the University of Oxford in an application for tenancy, as a London court found Tuesday that the penalty was disproportionate given the historical, isolated nature of the lie.

  • June 30, 2026

    Ex-Detective Argues Report To Regulator Was Whistleblowing

    A retired police detective appealed Tuesday for concerns he raised with his employer and a regulator about the actions of senior colleagues to be treated as whistleblowing, arguing his initial claim was expanded without his knowledge to become so large he had no chance of proving it.

  • June 30, 2026

    Amazon, Apple Face Renewed UK Price-Fixing Claim Bid

    The Competition Appeal Tribunal was urged Tuesday to certify a resurrected class action accusing Amazon and Apple of entering into anti-competitive agreements that inflated the price of Apple products, after an earlier claim was rejected.

  • June 30, 2026

    Binance Hit With £150M Group Claim Over Illegal Derivatives

    Binance has been hit with a £150 million ($199 million) group action claim by investors who accuse the cryptocurrency trading platform of illegally selling them high-risk derivatives products, the investors' lawyers said Tuesday.

  • June 30, 2026

    Privacy Narrows As Transparency Opens White-Collar Probes

    The failure of former executives to get their names redacted from a bribery investigation into a defense contractor is the latest decision that narrows privacy protections, although white-collar lawyers say there is still scope for defending clients' reputations in future cases.

  • June 30, 2026

    UK Moots 'Name And Shame' Program For Unpaid Holiday Pay

    The government said Tuesday that it is considering naming and shaming employers who underpay holiday pay as part of an expanded state enforcement program run by the new Fair Work Agency.

  • June 30, 2026

    Betfred Owner To Pay £900,000 For Harm Reduction Failures

    The owner of gambling giant Betfred will pay £900,000 ($1.2 million) as part of a settlement with the industry regulator after an investigation revealed social responsibility failures, the Gambling Commission said Tuesday.

  • June 30, 2026

    KC In £2M Evasion Trial Sought To 'Get One Over' On HMRC

    A senior barrister accused of dodging almost £2 million ($2.6 million) in tax was driven by a "sense of intellectual superiority" in a desire to "get one over" HM Revenue and Customs, a prosecutor told the trial Tuesday.

Expert Analysis

  • New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks

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    In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.

  • FCA Enforcement Newsletter Reflects Shift Toward Openness

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    The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.

  • How UK Gov't Proposes To Streamline CMA Regime

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    The Department for Business and Trade’s planned overhaul of the Competition Market Authority’s regime will introduce a series of targeted procedural changes aimed at improving efficiency and engagement, raising questions around procedural safeguards and jurisdictional thresholds, say lawyers at Baker Botts.

  • Decoding Arbitral Disputes: US Cert Denial And EU Strategy

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    The U.S. Supreme Court recently denied certiorari in Russia v. Hulley Enterprises, leaving in place the D.C. Circuit's opinion supporting jurisdiction in the $50 billion arbitration award challenge, and intensifying litigation exposure for the European Union's strategy of contesting the enforceability of intra-EU awards abroad, says Josep Galvez at 4-5 Gray's Inn.

  • Examining EU Data Watchdog's E-Commerce Account Guide

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    Lawyers at Gibson Dunn take a look at the European Data Protection Board’s recently adopted recommendations regarding the mandatory creation of user accounts on e-commerce websites, and address the regulator's assessment of when they may be justified under the General Data Protection Regulation.

  • EU AI Act Conformity Key For Cos. Despite Enforcement Delay

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    The European Data Protection Board-European Data Protection Supervisor’s recent joint opinion, posted in response to the European Commission’s proposal to delay EU Artificial Intelligence Act implementation, captures some of the core worries raised that postponement may affect fundamental rights protections and further undermine legal certainty, say lawyers at ZwillGen.

  • EU Foreign Subsidies Guide Brings Clarity And Questions

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    The European Commission’s long-awaited EU Foreign Subsidies Regulation guidelines provide helpful clarifications for companies, but with many areas remaining broadly framed, uncertainty may continue to deter investments and increase the compliance burden on organizations, say lawyers at Hogan Lovells.

  • FRC Audit Proposals Reaffirm Support For Economic Growth

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    The Financial Report Council’s recent proposals to prioritize audit enforcement, supervision and market reform will reward audit firms that self-police and proactively admit auditing standard breaches, signaling its aims to change the market landscape and encourage investment, say lawyers at RPC.

  • How FCA's Client Reforms May Boost Investment Access

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    The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.

  • Irish Consumer Law Proposals Expose Concerns Over Privacy

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    The Irish government’s recent proposals to amend and clarify competition and consumer law would allow new investigative powers and greater financial sanctions, leading to concerns from businesses whether the benefits outweigh the privacy risks, says Kate McKenna at Matheson.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Nigeria Ruling Offers Road Map For Onerous Costs Requests

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    The Court of Appeal's judgment in Nigeria v. VR Global Partners is significant because it tests the extent to which a court may prioritize accessibility and its own resources over a judgment creditor's desire for immediate recourse, says Josep Galvez at 4-5 Gray's Inn Square.

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • How EU Prospectus Rule Changes May Boost Market Access

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    The European Union Listing Act’s forthcoming changes to EU prospectus requirements aim to reduce the regulatory burden for issuers of securities, facilitating more efficient transaction execution and reducing market risk, of particular relevance to small and midsize enterprises, say lawyers at Covington.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

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