Crypto privacy tools are making it harder for U.K. authorities to combat money launderers and sanctions evaders, say lawyers who warn it bodes ill for the Financial Conduct Authority's new crypto regime.
Growth in artificial intelligence combined with the easing of mortgage rules by the Financial Conduct Authority will accelerate fraud risks for lenders and put senior manager accountability to new tests, lawyers have warned.
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.
Plans to pay whistleblowers are likely to shape the government's search for the next director of the Serious Fraud Office as the U.K. mulls controversial reforms that will need the full backing of the white-collar prosecutor, lawyers say.
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Crypto privacy tools are making it harder for U.K. authorities to combat money launderers and sanctions evaders, say lawyers who warn it bodes ill for the Financial Conduct Authority's new crypto regime.
Growth in artificial intelligence combined with the easing of mortgage rules by the Financial Conduct Authority will accelerate fraud risks for lenders and put senior manager accountability to new tests, lawyers have warned.
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.
Plans to pay whistleblowers are likely to shape the government's search for the next director of the Serious Fraud Office as the U.K. mulls controversial reforms that will need the full backing of the white-collar prosecutor, lawyers say.
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October 30, 2026
The $6.4 billion Binance hack and HTX's U.K. exit following Financial Conduct Authority legal pressure show why regulators want greater oversight of overseas crypto exchanges while exposing the limitations in cross border enforcement, lawyers warn.
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October 30, 2026
A former marine insurance claims handler who diverted nearly $4 million and more than £480,000 ($642,000) into accounts he controlled has been sentenced to seven and a half years in prison, City of London Police said Friday.
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October 30, 2026
HM Revenue & Customs set out new penalties for promoters of certain tax avoidance schemes in guidance published Friday.
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October 30, 2026
A London appeals court has set aside a bankruptcy order against a former Russian company executive, ruling that a lower judge wrongly rejected his challenge to the judgments underpinning the petition amid allegations of judicial bias.
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October 30, 2026
The Bar Standards Board has said that it took supervisory action in two cases involving potential breaches of money laundering rules in the 2025–26 financial year, down from three in the previous 12 months, as it prepares to transfer oversight to the Financial Conduct Authority.
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October 30, 2026
Russia's VTB Bank on Friday lost its challenge against changes to a U.K. sanctions license affecting its claim for more than £205 million ($275 million) in the administration of its British subsidiary, although an appeals court left open how much the lender may ultimately recover.
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October 30, 2026
The past week in London has seen British-Georgian business executive George Howard Richmond file a claim against high-profile individuals including former Georgian President Mikheil Saakashvili and the Mittal family, a DP World subsidiary file the latest claim in ongoing litigation with the Republic of Djibouti, and the U.S. government bring a claim against the owners of cargo ship M.S. Solong.
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October 30, 2026
Meta, X and TikTok have lost their challenge against the communications watchdog's demands for data on their content moderation, as a court ruled on Friday that the social media giants had failed to show that the requests were disproportionately burdensome.
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October 30, 2026
Cryptocurrency giant Binance said Friday that $6.3 billion in digital assets had been stolen in a suspected hack that could be the largest on record.
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October 29, 2026
A Wyoming federal judge threatened sanctions against an exiled U.K. financial services provider who is suing a tax attorney for defamation, noting the businessman's filings indicate the use of artificial intelligence and potential perjury regarding his residency status.
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October 29, 2026
A former intern at the U.K.'s security agency who took top-secret data home in a "significant security breach" failed Thursday to persuade an appeals court to reduce his 7.5-year sentence.
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October 29, 2026
The British arm of a Chinese construction equipment giant told a London tribunal Thursday that the U.K.'s trade regulator had been irrational to include battery-electric excavators in an antidumping probe into Chinese imports of the heavy construction equipment.
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October 29, 2026
French and Ukrainian authorities have searched property in France in an investigation into a deal for substandard body armor for Ukraine's armed forces that allegedly caused losses of more than €53 million ($59 million), European Union prosecutors said Thursday.
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October 29, 2026
Two former executives at oil trader Arcadia secured "very substantial" compensation Thursday for a decade-long asset freeze imposed over an unfounded fraud claim, although the award will likely fall short of the more than $1.1 billion they sought.
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October 29, 2026
Two directors of an investment firm have denied running a £55 million ($75 million) invoice fraud, telling a London court that the claim against them is based on missing documents and flawed calculations.
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October 29, 2026
The Financial Conduct Authority said Thursday that cryptocurrency exchange HTX has agreed to exit the U.K. market following a landmark High Court claim over its allegedly unlawful marketing of crypto assets to consumers in Britain.
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October 29, 2026
The Financial Reporting Council said on Thursday that it has finalized rules to strengthen the assessments by auditors of whether the companies they assess are complying with laws and regulations, including those governing fraud, bribery, and money laundering.
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October 28, 2026
A prominent political donor and businessman argued at the start of a London trial Wednesday that the BBC had falsely accused him of being involved in corrupt business dealings in three different countries, saying the broadcaster's case that the allegations were true was "plainly not sufficient."
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October 28, 2026
Russell Brand denied on Wednesday that he had attacked six women, telling a London court during his trial over rape and sexual assault charges that "consent is more important than sex."
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October 28, 2026
The Legal Services Board has approved changes to the financial penalties guidance set out by the Solicitors Regulation Authority, allowing the watchdog to impose unlimited fines on solicitors, traditional law firms and their employees for some breaches and misconduct linked to economic crime.
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October 28, 2026
The Serious Fraud Office said it will publish the total legal fees it incurred fighting Eurasian Natural Resources Corp.'s long-running $290 million claim over the agency's botched criminal investigation in its annual report and accounts next year.
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October 28, 2026
Burges Salmon LLP defeated a claim on Wednesday from a prospective buyer of two east London properties who alleged that the firm mishandled information and evidence he provided about potential fraud exposure during the transaction.
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October 28, 2026
The government has issued guidance on how businesses must comply with sanctions that ban them from providing construction services to individuals and companies connected to Russia.
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October 27, 2026
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.
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October 27, 2026
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.