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Corporate Crime & Compliance UK

  • September 23, 2025

    UK Lender Settles £5M Claim Over Alleged Asset Shielding

    Castle Trust Capital has settled its £4.7 million ($6.3 million) dispute with three British businessmen after it accused them of moving assets to avoiding repaying a loan, according to a court order.

  • September 23, 2025

    Canfields Law Denies Blame For Alleged £4M Property Fraud

    The London law firm Canfields has denied negligently handling a high-value property investment, responding to allegations that it facilitated a fraud that cost a Hong Kong business executive more than £4 million ($5.4 million).

  • September 23, 2025

    EU Enforcers Arrest 5 Over €100M Cryptocurrency Scam

    Five people have been arrested on suspicion of carrying out a €100 million ($118 million) cryptocurrency fraud in a joint international operation by law enforcement agencies across Europe, a European Union law authority said Tuesday.

  • September 23, 2025

    Axiom Fraud Spurs SRA To Revamp Emergency Meeting Rules

    The Solicitors Regulation Authority said Tuesday that it has adopted new criteria to help decide when to call emergency board meetings, after admitting it waited about six weeks to report the Axiom Ince fraud to its board.

  • September 22, 2025

    Havilland Ex-Staffer Denies Wiping Phone Amid Qatar Scandal

    A former employee of Banque Havilland SA denied wiping his iPhone during a scandal over an alleged plan to de-peg Qatar's currency from the dollar during a trade embargo, in cross-examination at a London tribunal on Monday.

  • September 29, 2025

    Squire Patton Hires 2 White Collar Pros From Paul Hastings

    Squire Patton Boggs LLP has expanded its international government investigations and white collar practice in London by hiring two lawyers from Paul Hastings LLP.

  • September 22, 2025

    Fraudsters Using Court Ruling To Inflate Claims, Allianz Says

    Insurer Allianz UK said Monday that fraudsters are inflating claims by exploiting a legal precedent left after a landmark U.K. court ruling on whiplash.  

  • September 22, 2025

    Axis Bank Denies Misleading Marine Co. In Loan Scheme

    The Dubai branch of India's Axis bank has hit back against a marine energy company's $41.7 million claim, denying it induced it to participate in a loan to a now-defunct shipping company.

  • September 22, 2025

    Poland Wants Ex-Gov't Official Extradited Over £63M Fraud

    A former Polish government official wanted in Warsaw for an alleged £63 million ($85 million) fraud might not receive a fair trial if he is extradited because of a lack of judicial impartiality, a legal expert warned a London judge on Monday.

  • September 22, 2025

    Man Cleared Of Fraud Conspiracy After Data Breach Fine

    A jury in London has found a man not guilty of conspiring to run a £1.5 million ($2 million) fraudulent investment scheme through front companies and false identities, two weeks after he was fined for a data protection breach.

  • September 22, 2025

    EU Fund Managers Push For Overhaul Of Crypto-Asset Rules

    A trade body for European asset managers urged policymakers Monday to reform the crypto-assets regulatory framework to make capital markets more competitive.

  • September 19, 2025

    EU-US Data Transfer Ruling Delivers Relief But Not Finality

    A recent court decision backing a revamped framework for transferring personal data from the European Union to the United States provided companies with some much-needed comfort after nearly a decade of setbacks although that reprieve might be short-lived as opponents eye a broader challenge to the critical arrangement.

  • September 19, 2025

    Deutsche Bank Vows To Fight Ex-Staff Over Milan Convictions

    Deutsche Bank denied on Friday the incoming London claims of five former employees seeking hundreds of millions of pounds in damages over their now-overturned convictions for aiding false accounting and market manipulation.

  • September 19, 2025

    Midwife Can't Sue Regulator, Barrister Over Sanction

    An employment tribunal ruled that it has no jurisdiction to consider a midwife's bias claims against the profession's regulator, as she had a statutory right of appeal under the regulator's own rules to fight a decision that her ability to practice was "impaired."

  • September 19, 2025

    UK Gov't Borrowing Hits £18B Ahead Of Autumn Budget

    U.K. government borrowing reached £18 billion ($24.3 billion) in August, according to official figures published Friday, adding to pressure for the government to hike taxes in its coming budget.

  • September 19, 2025

    Ex-Havilland CEO Denies Involvement In Qatari Bond Plan

    The former chief executive of Banque Havilland's U.K. branch said Friday at a London tribunal that he had not been involved in a plan to de-peg Qatar's currency from the dollar during a trade embargo, saying he had not instructed a junior employee to create a presentation outlining it.

  • September 19, 2025

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

    This past week in London has seen brokerage firm ADS Securities file a fresh claim against German entrepreneur Lars Windhorst, AmTrust and Endurance Worldwide Insurance tackle an ongoing £50 million ($67 million) dispute over a failed litigation and insurance scheme, and Howard Kennedy LLP sue the son of a diamond tycoon over a £3.1 million legal bill. 

  • September 19, 2025

    Motor Policyholders To Receive £200M After FCA Steps In

    More than 270,000 motorists will receive compensation from their insurers, the Financial Conduct Authority said Friday, after the watchdog stepped in over poor claims handling practices by the sector.

  • September 19, 2025

    SRA Eyes Stricter Rules On Litigation-Funding Practices

    The Solicitors Regulation Authority called for responses from the legal profession on Friday to help it understand consumer risks in litigation-funding for high-volume claims, following the collapse of SSB Group in 2024. 

  • September 18, 2025

    HSBC Analyst Launches Libel Case Over Online Posts

    An HSBC analyst has accused a company and its director of defaming him by making false allegations that the analyst was a "serial cheater" and liar who had refused to pay £50,000 ($68,000) debts.

  • September 18, 2025

    Ex-AllSaints Chair Spared Prison For Contempt Of Court

    A court in London has handed the former chairman of AllSaints a suspended prison sentence for contempt of court by breaching a court order and claiming an interest in shares in the high street fashion chain after his fraud allegations were rejected.

  • September 18, 2025

    Former IoD Director General Banned Over COVID Loan Abuse

    The former head of one of the U.K.'s leading business groups has been handed an 11-year director ban for failing to repay a £50,000 ($68,000) COVID-19 Bounce Back Loan she wasn't entitled to.

  • September 18, 2025

    HMRC Names 5 Accountancy Firms With Tax Avoidance Links

    HM Revenue & Customs on Thursday revealed five accountancy firms that took fees for connecting their clients to a tax avoidance scheme.

  • September 18, 2025

    Ex-Havilland CEO To Testify In Qatar Dispute With FCA

    Ex-Banque Havilland SA chief executive Edmund Rowland is due to testify in a dispute with the U.K.'s financial regulator over fines imposed for an alleged scheme to de-peg Qatar's currency from the dollar during a trade embargo, a London tribunal heard Thursday.

  • September 18, 2025

    Three People Arrested On Suspicion Of Spying For Russia

    Three people have been arrested on suspicion of spying for Russia, London's Metropolitan Police Service said on Thursday.

Expert Analysis

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • Rising To The Task Of Online Safety Act Compliance

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    The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

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    The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.

  • What To Know About FCA's UK Listing Rules Proposal

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    A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

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    With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • New UK Short Selling Rules Diverge From EU Regs

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    Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

  • ECB Guide Targets Harmonized Cyber Testing Approach

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    The European Central Bank’s recently updated guidance for testing organizational resilience against sophisticated cyberattacks is a significant step forward, highlighting the importance of a unified approach to financial sector cybersecurity and alignment with Digital Operational Resilience Act requirements, say Simon Onyons and Nebu Varghese at FTI Consulting.

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.

  • New CMA Powers Will Change Consumer Protection Regime

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    The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.

  • Opinion

    Prospects For New Fraud Prevention Prosecution Look Slim

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    With the Labour Party's inherited patchwork of Conservative Party corporate crime legislation for preventing fraud and corruption, the forthcoming Economic Crime Act’s failure to prevent fraud offense is unlikely to be successful in assisting prosecutors bring companies to justice, says Matthew Cowie at Rahman Ravelli.

  • What's Next After FCA Drops Troubled 'Name And Shame' Plan

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    A closer look at the Financial Conduct Authority's recent decision to toss its widely unpopular proposal changing the test for announcing enforcement investigations may reveal how we got here, why the regulator changed course, and where it’s headed next, say lawyers at Hogan Lovells.

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