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 decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
The failure of former executives to get their names redacted from a bribery investigation into a defense contractor is the latest decision that narrows privacy protections, although white-collar lawyers say there is still scope for defending clients' reputations in future cases.
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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.
The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
The failure of former executives to get their names redacted from a bribery investigation into a defense contractor is the latest decision that narrows privacy protections, although white-collar lawyers say there is still scope for defending clients' reputations in future cases.
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July 08, 2026
A former M&A solicitor at Goodwin Procter was charged with insider dealing Wednesday over allegations that he traded a British maternity wear company's stock while working on a deal to take the business private.
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July 08, 2026
Apple failed Wednesday to annul European Union rules designating its app stores and operating system as "gatekeepers" that are subject to specific obligations to ensure fair competition.
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July 08, 2026
Metals tycoon Prateek Gupta told the Court of Appeal on Wednesday that a U.K. commodities trader cannot bring a fraud claim worth almost $7 million against him in England because the alleged loss occurred abroad.
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July 08, 2026
The Financial Conduct Authority said Wednesday in its latest enforcement watch newsletter that it is conducting 11 investigations into potential breaches of the Consumer Duty.
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July 07, 2026
European financial authorities warned Tuesday that the latest generation of artificial intelligence poses "a paradigm shift for cybersecurity" as the technology could enable bad actors to launch faster, cheaper and more sophisticated attacks on the financial market.
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July 07, 2026
Dozens of major companies pledged on Tuesday to strengthen their cyberdefenses amid a surge in AI-enabled attacks by foreign states and criminal groups that cost the U.K. economy an estimated £14.7 billion ($19.7 billion) annually.
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July 07, 2026
The Bank of England said Tuesday that it plans to ease a critical capital requirement for major financial institutions in the U.K. to make it "simpler and more effective" for them to continue lending during times of financial stress.
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July 07, 2026
Thousands of Chinese investors defrauded by a money launderer argued Tuesday that their claims seeking to recover their share of billions of pounds of seized cryptocurrency should be governed by English law.
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July 07, 2026
Prince Harry and other celebrities lost their privacy claims against the publisher of the Daily Mail on Tuesday, as a London judge ruled that they had failed to prove their allegations that its journalists had used unlawfully gathered information to get stories.
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July 06, 2026
The U.K. has hit several Russian state scientific institutions and researchers involved in the development and production of the deadly toxins used in the murder of Alexei Navalny and the Salisbury poisonings.
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July 06, 2026
Europe's fledgling anti-money laundering enforcer announced plans on Monday to streamline how and when law enforcement agencies share intelligence on suspicious transactions to crack down on financial crime.
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July 06, 2026
Drivers of London black cabs argued on Monday that they could not have brought their claim of unlawful means conspiracy against Uber any earlier because they did not have sufficient information to allege fraud.
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July 06, 2026
The U.K.'s health and safety regulator has banned an occupational health professional from providing "ineffective" statutory health monitoring services, in an enforcement first for the watchdog.
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July 06, 2026
Britain's retirement savings watchdog has called on the pensions industry to engage with the government's consultation on new rules designed to stop workers from transferring long-term savings to bogus plans.
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July 03, 2026
The past week in London, Russia's state development bank was sued in a commercial fraud claim involving military GPS technology, one of Nike's subsidiaries brought an intellectual property claim against a menswear company owner, BlackBerry re-opened a $6.49 million claim against its South Asian licensee and CBRE property services filed a claim against CMS Cameron McKenna Nabarro Olswang LLP.
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July 03, 2026
An appeals court rejected on Friday an insurer's argument that its former chief executive had dishonestly pocketed £1.7 million ($2.3 million) from the business, ruling that a judge had fairly concluded that he believed he was authorized to take the money.
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July 03, 2026
An Italian engineering company has successfully prevented a Eurochem subsidiary owned by a sanctioned oligarch from trying to enforce a $1.19 billion judgment against it in Russia, as a court held that the Russian proceedings are "vexatious and oppressive."
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July 03, 2026
German Khan can't lift European Union sanctions against him, because the oligarch manages the assets of Alfa Bank which is one of the most important companies in Russia's banking sector, an advocate general of Europe's top court has said.
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July 03, 2026
Axiom Ince has challenged the solicitors watchdog's defense to the law firm's negligence claim, arguing that the regulator missed a "crucial opportunity" to uncover the alleged £65 million ($87 million) misappropriation of client money by intervening too late.
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July 02, 2026
The Federal Reserve has freed BNP Paribas from a 2017 consent order tied to its foreign exchange trading operations, ending an enforcement action that came with a more than $246 million fine and was one of several to target big banks over past price-fixing concerns.
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July 02, 2026
The Serious Fraud Office said Thursday that it had closed its investigation into property manager Signature Group over a suspected £140 million ($187 million) investment fraud after concluding that there was no realistic prospect of conviction.
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July 02, 2026
Moody's Germany has been fined €2.1 million ($2.4 million) for repeatedly providing incomplete and inaccurate regulatory data to the European Union's financial markets watchdog, including incorrect information on credit ratings, rating outlooks and historical performance, as well as deficiencies in its reporting controls.
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July 02, 2026
Forvis Mazars LLP has been fined £577,000 ($771,000) and one of its partners £33,000 by the U.K. accounting watchdog over serious failings in its audit of a digital catalog retailer's 2021 financial statements, conducted about eight months before the company collapsed.
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July 02, 2026
The Financial Conduct Authority said Thursday that a tribunal has partially suspended its motor finance compensation scheme until legal challenges in December or February 2027 are completed, as it confirmed that lenders targeted in complaints are not currently required to calculate or pay compensation.
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July 02, 2026
India's Bank of Baroda has paid $600 million to reach a settlement over claims that it helped facilitate a multibillion-dollar fraud against NMC Health PLC, lawyers for the administrators of the United Arab Emirates healthcare group said Thursday.