The implosion of the U.K.'s first-ever criminal trade sanctions case throws a "spanner in the works" for prosecutors but might not totally check their ambitions of aggressively enforcing wide-ranging restrictions imposed on Russia, lawyers say.
The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
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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.
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The implosion of the U.K.'s first-ever criminal trade sanctions case throws a "spanner in the works" for prosecutors but might not totally check their ambitions of aggressively enforcing wide-ranging restrictions imposed on Russia, lawyers say.
The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
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.
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July 16, 2026
Swedbank AB and its New York branch have agreed to pay a $50 million civil penalty to the New York State Department of Financial Services to resolve claims that the bank failed to fully cooperate with department requests for information related to Swedbank's relationships with Mossack Fonseca, the law firm at the center of the 2016 Panama Papers leak.
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July 16, 2026
A businessman who was jailed for a harassment campaign against two leading financial crime lawyers that culminated in a fake bomb attack on their office urged a London appellate court to overturn his conviction Thursday.
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July 16, 2026
Europe's top court ruled Thursday that the rules of the governing body of world football regarding players' agents breach the EU's ban on cartels, but said national courts must decide whether other rules also violate competition law.
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July 16, 2026
Information provided by Meta aided the arrest of six men in Nigeria on suspicion of operating a scam center where they allegedly impersonated internationally recognized celebrities to defraud victims around the world, including in the U.K., the National Crime Agency said Thursday.
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July 16, 2026
The Financial Conduct Authority said Thursday that it had 170 misleading adverts for car finance compensation claims removed or changed by claims management companies in a single month, bringing the total to 1,200 since January 2024.
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July 16, 2026
The Office of the Complaints Commissioner has said in its annual report that it reviewed more than 50% more complaints about the Financial Conduct Authority in 2025-26 than in the previous year, particularly those about the British Steel Pension Scheme.
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July 16, 2026
Outsourcing giant Capita urged a London court on Thursday to trim the claims of almost 4,000 individuals who say the company owes them up to £5 million ($6.75 million) over a cyberattack, arguing that claims for aggravated and exemplary damages are not supported by evidence.
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July 16, 2026
The government announced sanctions on Thursday designed to target Sudan's illicit gold trade, procurement networks and the financial facilitators suspected of helping sustain the country's civil war.
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July 16, 2026
Two hackers who carried out a cyberattack that cost Transport for London £39 million ($52.6 million) were each sentenced to five-and-a-half years in prison on Thursday as a judge said their actions were motivated by "selfish bravado."
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July 16, 2026
A judge discharged jurors on Thursday in HM Revenue and Customs' prosecution of a barrister for tax evasion after almost two weeks of deliberations in which the panel was unable to reach a verdict.
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July 15, 2026
Two men were convicted of defrauding hospitals and businesses and a woman was convicted of money laundering in a COVID-19 PPE fraud worth millions of pounds, the U.K.'s National Crime Agency reported Wednesday.
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July 15, 2026
A London judge refused Wednesday to allow an investment fund to join litigation over frozen bank accounts allegedly containing the proceeds of a €45 million ($51 million) fraud the fund says it suffered.
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July 15, 2026
One of the men behind the cyberattack that cost Transport for London £29 million ($39 million) continued to attempt to hack from a smuggled phone while in prison, a prosecutor told the sentencing hearing for the two men on Wednesday.
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July 15, 2026
The Solicitors Regulation Authority has referred a lawyer convicted of stalking a legal blogger to a disciplinary tribunal, the watchdog said Wednesday.
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July 15, 2026
The Bank of England and the government have released proposals to ease rules on ring-fenced banking, which would free up retail banks to lend more money and share services so far restricted to the investment banking side.
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July 14, 2026
A trio of Russian nationals and the "bulletproof hosting" services they operated have been indicted by a federal grand jury in Ohio on charges that they helped facilitate cyberattacks against banks, hospitals and other critical infrastructure operators across nearly two dozen states and several countries, leading to more than $62 million in losses, according to court documents unsealed Tuesday.
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July 14, 2026
A Berlin court convicted three individuals, including a tax adviser, tied to a €50 million ($57.1 million) value-added tax fraud involving luxury vehicles and medical face masks, the European Public Prosecutor's Office said Tuesday.
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July 14, 2026
Greek authorities seized evidence and assets from companies tied to a suspected value-added tax fraud scheme involving small electronic goods that produced €46.9 million ($53.6 million) in lost tax revenue, the European Public Prosecutor's Office said Tuesday.
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July 14, 2026
A consumer rights lawyer has been ordered to pay £1.5 million ($1.9 million) toward the legal costs of Fender, Yamaha and other musical instrument manufacturers after withdrawing proposed collective proceedings against them because she failed to secure litigation funding.
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July 14, 2026
HM Courts and Tribunals Service can enter into a new cybersecurity contract with Accenture after a London court lifted an automatic ban on signing the deal triggered by a losing bidder's legal challenge to the procurement process.
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July 14, 2026
A veteran barrister urged the government in a landmark review on Tuesday to give the Serious Fraud Office powers to pay whistleblowers to "take the fight to fraudsters" who are eroding trust in the justice system and the U.K. economy.
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July 14, 2026
Investors suing Boohoo Group PLC for more than £245 million ($328 million) argued Tuesday they should be able to use expert evidence during a preliminary trial of claims that the fast-fashion retailer made misleading statements about its use of sweatshops.
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July 14, 2026
The BBC urged a London judge on Tuesday to order Conservative Party donor Mohamed Amersi to pay up to £1.58 million ($2.11 million) as security for legal costs as he pursues a libel claim over allegations made in an investigative TV program.
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July 13, 2026
Five people are due to appear in a London court for allegedly being part of a group that sold tools for fraud, a U.K. law enforcement agency said Monday.
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July 13, 2026
Power cable giant Nexans cannot challenge an order to pay the developers of the London Array wind farm £10.6 million ($14.2 million) over inflated high-voltage cable prices, as a London appeals court has ruled that Nexans' participation in a cartel had to be taken as a "hard fact."