Novel plans to hold online platforms criminally liable for fraudsters who exploit their operations could shake up corporate culture at some of the world's biggest companies — if the policy proposal was not likely to end up in the long grass, lawyers say.
Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.
A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.
.jpg)
Prosecuting social media giants that fail to prevent fraud on their platforms would "sharpen the blade" in law enforcement's armory, a novel leap in criminal liability needed to fight runaway fraud, the top barrister behind the proposals told Law360.
Previous
Next
Novel plans to hold online platforms criminally liable for fraudsters who exploit their operations could shake up corporate culture at some of the world's biggest companies — if the policy proposal was not likely to end up in the long grass, lawyers say.
Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.
A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.
Prosecuting social media giants that fail to prevent fraud on their platforms would "sharpen the blade" in law enforcement's armory, a novel leap in criminal liability needed to fight runaway fraud, the top barrister behind the proposals told Law360.
-
August 18, 2026
Britain's tax authority announced on Tuesday the opening of mandatory registration for tax advisers handling corporate tax matters.
-
August 18, 2026
A London judge held Tuesday that two former directors of a financial software business defrauded creditors by transferring intellectual property rights worth £2 million ($2.7 million) amid an impending threat of insolvency.
-
August 18, 2026
The U.K.'s financial regulator said Tuesday it has banned a debt management company's executive from working in financial services, saying he lied under oath in an attempt to conceal being a company director and later failed to disclose the resulting 10-year disqualification.
-
August 18, 2026
Police arrested four people on Tuesday in a growing investigation into suspected corruption and financial wrongdoing connected to the trade body that represents rank-and-file police officers in England and Wales.
-
August 18, 2026
The Financial Conduct Authority said Tuesday it has found "weaknesses" in financial crime controls at some U.K. wealth managers, including gaps in checks on clients' wealth, transactions, political exposure and sanctions.
-
August 18, 2026
A former finance lawyer at Ashurst Perkins Coie has been struck off for making a fraudulent insurance claim for a stolen bicycle that was not covered by an existing policy at the time the theft took place.
-
August 18, 2026
An investor in Cuban real estate said Tuesday that Guernsey's financial regulator will appoint a court administrator for the company after U.S. sanctions triggered the loss of key banking, service-provider and business relationships.
-
August 18, 2026
The government said Tuesday that it has hit the founder of a property group with a five-year ban from being a company director after investors lost £4.8 million ($6.5 million) through a connected business which distributed "false and misleading" marketing material.
-
August 17, 2026
Bank of America, HSBC and other global banks have agreed to pay $86.4 million to resolve investor class claims that they conspired to fix Mexican government bond prices, according to a proposed settlement unveiled on Friday in New York federal court.
-
August 17, 2026
A Scottish car dealer can pursue its £18 million ($24.4 million) claim against Renault, Nissan and a car financing company, after a judge held Monday that new whistleblowing evidence on a plot to take down the family-run business means the proceedings are not an abuse of process.
-
August 17, 2026
A British hedge fund company has sued a Brazilian man for more than $500 million in a London court, alleging that he perpetrated an elaborate securities fraud against the company.
-
August 17, 2026
A tribunal has ruled that a former economist at Veolia can bring a claim that the waste giant retaliated against her by reviewing her probation and later firing her after she blew the whistle on bullying and staff mismanagement.
-
August 17, 2026
The alleged former chief executive of a petroleum company has failed to toss out allegations that he relied on forged £500 million ($678 million) loans when buying an energy company in order to cover up a €143.8 million ($166.7 million) embezzlement.
-
August 17, 2026
The Irish government has launched Ireland's first national anti-money laundering strategy, which it says is the most significant strengthening of its financial crime framework in years.
-
August 14, 2026
The past week in London has seen newly signed Real Madrid footballer Yan Diomandé sued over access to his image rights, Nigel Farage and Reform UK deputy leader Richard Tice accuse the NCA of leaking confidential financial information, and a right-wing American journalist hit The Guardian with a libel claim.
-
August 14, 2026
A police sergeant fired for gross misconduct has partly won his case against his former force after a Welsh employment tribunal found that he was punished for raising a formal grievance.
-
August 14, 2026
European prosecutors said that Romanian authorities carried out 19 searches as part of an investigation into suspected procurement fraud involving €7 million ($8.1 million) in European Union-funded IT projects.
-
August 14, 2026
A tribunal has ruled that the Financial Ombudsman Service may withhold confidential information it received from the Co-operative Bank during an investigation into a disgruntled bank customer's complaint and subsequent information request.
-
August 14, 2026
An investment fund that says it is the victim of a €45 million ($52 million) fraud secured a court order on Friday for HSBC to provide it with information on the alleged scammers' frozen bank accounts.
-
August 14, 2026
A solicitor who was struck off for misconduct including practicing without valid insurance asked a disciplinary tribunal on Friday to readmit him to the profession, arguing that he "unequivocally" accepts his sanction and is genuinely remorseful.
-
August 14, 2026
The Financial Conduct Authority said Friday it had fined Paul Taylor, the former chief executive of Blue Horizon, £489,000 ($662,000) and banned him from working in finance after he made false statements as he sought to buy a bank and a football club.
-
August 13, 2026
A New York federal judge granted the federal government's request to unseal documents in a 2015 civil lawsuit filed by the late Virginia Giuffre, a Jeffrey Epstein accuser who sued Ghislaine Maxwell a decade before her death last year.
-
August 13, 2026
Visa and Mastercard have convinced the Competition Appeal Tribunal to restrict the number of claimants ahead of a trial that will determine whether the credit card giants are allowed to rely on legal exemptions for anti-competitive interchange fees.
-
August 13, 2026
An insurer has denied owing Clarion £2.9 million ($4 million) under bonds for two developments in England, claiming that the housing association knew the insurer had been misled about a contractor's role in the projects.
-
August 13, 2026
The owner of a Bulgarian vineyard is facing criminal charges after allegedly trying to obtain almost €350,000 ($404,000) in European Union agricultural subsidies by using false declarations about the harvest, European prosecutors said Thursday.