Corporate Crime & Compliance UK

  • August 07, 2025

    Pogust Goodhead Adds To Board Amid Org Shakeup Rumors

    Pogust Goodhead said Thursday that it has appointed three new members to its board as a judgment looms in a £36 billion ($48.3 billion) claim against mining giant BHP over the Mariana dam disaster in Brazil.

  • August 07, 2025

    Lobby Group Intervenes Over Stagecoach Settlement Funds

    The U.K. Competition Appeal Tribunal on Thursday granted a business advocacy group permission to intervene in a hearing over how to distribute the unclaimed remainder of a £25 million ($33.6 million) settlement with rail operator Stagecoach following claims it overcharged London commuters.

  • August 07, 2025

    Ousted Big Tech CEO Denies £320M Conspiracy Claim

    The ousted chief executive of a company that makes security ankle tags has denied a £320 million ($430 million) claim, arguing that she had not caused the business loss or lied about her interest in its shareholders.

  • August 07, 2025

    Accounting Co. Faces Trial In 1st FTP Tax Evasion Case

    Accounting firm Bennett Verby Ltd. faced accusations on Thursday that it had failed to prevent tax evasion alongside six individuals charged with tax evasion and fraud offenses.

  • August 07, 2025

    FCA Boosts Payment Safeguards To Protect Consumers' Cash

    The Financial Conduct Authority published new rules on Thursday to protect consumers better when they use payment companies, strengthening its ability to intervene when they fail to safeguard clients' money.

  • August 06, 2025

    Carter-Ruck Partner Faces Tribunal Over Alleged SLAPP

    The Solicitors Regulation Authority said Wednesday that it had referred a partner at Carter-Ruck to a tribunal for allegedly improperly using the legal system through a strategic lawsuit against public participation.

  • August 06, 2025

    Osborne Lawyer Challenges SDT Ruling Over Zahawi Email

    An Osborne Clarke partner has filed an appeal against a fine imposed on him by a disciplinary tribunal for using misleading legal language to prevent publication of an email sent on behalf of former Chancellor Nadhim Zahawi, according to recently published documents.

  • August 06, 2025

    Lloyd's Underwriter Bids To Revive Whitsleblowing Claim

    A Lloyd's syndicate told an appeals tribunal Wednesday that an underwriter's attempt to revive a claim that he was sacked for whistleblowing about a supposedly fraudulent payment was an impermissible attempt to reargue the case.

  • August 06, 2025

    Prince Harry's Charity Criticized For Public Row

    The U.K. charity watchdog concluded Wednesday that all sides were to blame in a dispute at Prince Harry's African charity, finding that charity leaders should not have allowed the row to erupt publicly.

  • August 06, 2025

    Solicitor Denies Ignoring Red Flags Over Property Deals

    A solicitor urged a tribunal on Wednesday to reject allegations that he displayed "manifest incompetence" and ignored warning signs when he oversaw several allegedly fraudulent property deals, saying he would not have let the transactions go ahead if he'd had suspicions.

  • August 06, 2025

    Greenwashing Scrutiny Grows Amid Rising ESG Demands

    The increasing significance of environmental, social and governance considerations for businesses has led to a surge in companies overstating their green credentials, according to a report from Watson Farley & Williams LLP.

  • August 06, 2025

    SEC Pursues UK Man's Assets Over $10M Stock Fraud

    The U.S. Securities and Exchange Commission has launched a legal action in England to enforce a $350,000 U.S. court judgment against a man the agency has alleged was involved in a $10 million fraudulent trans-Atlantic microcap stock trading scheme.

  • August 06, 2025

    Postmaster Sues Post Office, Fujitsu For £4.5M Over Scandal

    A former sub-postmaster has sued the Post Office and Fujitsu for almost £4.5 million ($6 million) in the first legal action against the two companies for withholding evidence about bugs in the faulty Horizon IT system that led to hundreds of wrongful convictions.

  • August 06, 2025

    FCA Targets Greenwashing With Simpler Climate Rules

    The Financial Conduct Authority set out plans on Wednesday to simplify sustainability reporting to help reduce greenwashing as it responded to feedback from asset managers, life insurers and pension providers that climate disclosures are too complex.

  • August 06, 2025

    IP Crime Unit Seizes Fake Football Merch Worth Over £5M

    A police unit that tackles intellectual property crime has said it has collared almost 68,000 counterfeit football kits since the start of 2025, preventing sales that would have been worth £5.1 million ($6.8 million) if the items were genuine.

  • August 05, 2025

    Hyundai, Kia Say Dieselgate Allegations Lack Evidence

    Hyundai and Kia have hit back against motorists' claims in the ongoing Dieselgate litigation, arguing in their High Court defense filing that their overall case about the alleged cheating of emissions tests is "vague and lacking in proper particularity."

  • August 05, 2025

    City Body Urges FCA To Clarify AML Rules For Digital Assets

    A City of London trade body has urged the Financial Conduct Authority to clarify in its future regulations for stablecoin issuers how anti-money laundering rules will apply for digital assets.

  • August 05, 2025

    Companies House To Roll Out Compulsory ID Verification

    Companies House said Tuesday that from November this year it will require company directors to verify their identities, the latest move in the registrar's rollout of heightened powers to protect against fraud.

  • August 05, 2025

    AML Reforms Are Missed Opportunity, Law Society Says

    The government's proposed updates to anti-money laundering regulations will do little to ease the compliance burden on law firms and are a "missed opportunity" to cut unnecessary rules, the body representing solicitors said on Tuesday.

  • August 05, 2025

    FCA Warns Claims Cos. Against Misleading Car Finance Ads

    The Financial Conduct Authority has told claims management companies in a letter to review financial advertising for motor finance claims, after seeing misleading redress rates from the sector and law firms.

  • August 05, 2025

    FCA Issues £46M In Fines For Woodford Fund Failures

    The Financial Conduct Authority has provisionally hit Neil Woodford and Woodford Investment Management with fines totaling £46 million ($61 million) for alleged failures in their management of a flagship £3.7 billion fund that led to its high-profile collapse in 2019.

  • August 04, 2025

    StanChart Can't Withhold Docs In £1.5B Iran Sanctions Case

    Standard Chartered on Monday lost a bid to withhold regulatory documents from investors suing the bank for £1.5 billion ($2 billion) for allegedly making untrue or misleading statements about its noncompliance with sanctions.

  • August 04, 2025

    Solicitor Ignored Red Flags In Property Deals, Tribunal Told

    The Solicitors Regulation Authority told a disciplinary tribunal Monday that a lawyer who displayed "manifest incompetence" when he failed to prevent a number of fraudulent or potentially fraudulent property deals should face disciplinary consequences.

  • August 04, 2025

    Court Freezes Couple's £5M Over Alleged Misuse Of Co. Cash

    A London court granted a freezing order Monday worth more than £5.1 million ($6.8 million) against a married couple accused of siphoning funds from a holding company, finding that there is a real risk that they will scatter their assets.

  • August 04, 2025

    Hogan Exits ENRC Mandate As SFO Case Enters Final Stage

    Hogan Lovells International LLP has ended its involvement representing ENRC in the Kazakh miner's long-running litigation against the Serious Fraud Office and Dechert LLP, court records show.

Expert Analysis

  • EU Report May Influence Regulation Of Decentralized Finance

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    The European supervisory authorities’ recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.

  • EU Paper Urges Data Protection And Competition Law Unity

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    A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.

  • Market Infrastructure Regs Aim To Reinvigorate EU Trading

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    The recently amended European Market Infrastructure Regulation, imposing a requirement on certain financial and nonfinancial institutions to maintain an active EU counterparty account, hopes to incentivize the central clearing of trades, although there are concerns that higher compliance costs will lead to a decrease in competitiveness, say lawyers at McDermott.

  • The Pros And Cons Of A 2nd Trump Term For UK Tech Sector

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    While U.S. President Donald Trump’s protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.

  • Why EU Omnibus Package Is Receiving Mixed Reactions

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    Although the forthcoming European Union omnibus simplification package consolidating corporate sustainability reporting requirements aims to reduce the regulatory burden on businesses, reaction to the proposals has been mixed, and reassurance is needed that these measures will not result in a watering down of the legislation, say lawyers at Peters & Peters.

  • Review Of Computer Evidence Use Raises Complex Issues

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    The Ministry of Justice’s recent call for a review of computer-generated evidence used in criminal proceedings, solicits questions of how such evidence will be defined while also ensuring that changes can withstand technological advances and uphold the effective functioning of the criminal justice system, say lawyers at BCL Solicitors.

  • How Proposed Private Share Trading System May Benefit Cos.

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    The government's proposal for a private securities and capital exchange system intends to enhance market practices and risk tolerances, offering a significant way for firms to free up liquidity by allowing investors to trade existing private company shares, say lawyers at Mishcon de Reya.

  • New Bill Introduces Important Whistleblower Protections

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    If enacted, a bill that proposes the establishment of an independent whistleblower office in the U.K. offering protected disclosures will encourage individual whistleblowers, and alleviate the pressure for companies to investigate complaints, say lawyers at Tenet Law.

  • Important Changes To Note In Accountant Ethics Code Update

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    The Institute of Chartered Accountants of England and Wales' forthcoming code of ethics will bring a number of significant updates to raise standards within the profession, but also risks of professional indemnity claims that could lead to challenges for firms, say lawyers at RPC.

  • What EU Sustainable Category Proposals Will Mean For Funds

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    The European Union Platform on Sustainable Finance’s recent proposals to apply stricter product categorization standards for funds subject to the Sustainable Finance Disclosure Regulation will assist retail investors in selecting sustainable products, and allow advisers to easily match their clients’ preferences, say lawyers at Debevoise.

  • What To Expect As CAT Considers Mastercard Settlement

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    It is expected that the Competition Appeal Tribunal will closely scrutinize the proposed collective settlement in Merricks v. Mastercard, including the role of the case’s litigation funder, as the CAT's past approach to such cases shows it does not treat the process as a rubber stamp exercise, say lawyers at BCLP.

  • Managing Transatlantic Antitrust Investigations And Litigation

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    As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.

  • What 2025 Holds For UK, EU Restructuring And Insolvency

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    European Union and U.K. restructuring developments in 2024, with a new era of director accountability, the use of cramdown tools and the emergence of aggressive liability management exercises, mean greater consideration of creditors' interests and earlier engagement in restructuring discussions can be expected this year, says Inga West at Ashurst.

  • What To Know As EU Urges Outbound Investment Reviews

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    A recent European Commission recommendation urges European Union member states to review outbound investments in certain critical technologies sectors, but does not clarify the next steps for states once information on relevant transactions in third countries is received, say lawyers at Cleary.

  • Competition Act Brings Important UK Merger Control Changes

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    Although recently effective sections of the Digital Markets, Competition and Consumers Act provide clarity on the transactions that may attract Competition and Markets Authority attention, some reforms potentially expanding the regulator's scope may be concerning to transacting parties, say lawyers at Fried Frank.

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