A ruling by an English appeals court that sanctions do not wipe out the rights of creditors has drawn a boundary around the government's powers — though lawyers warn that the restrictions still leave those rights worth much less in practice.
The $6.4 billion Binance hack has exposed how decentralized finance can help attackers move stolen assets beyond the reach of freezing powers, underscoring what's at stake in the U.K.'s review of financial crime risks linked to DeFi, lawyers say.
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.
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.
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A ruling by an English appeals court that sanctions do not wipe out the rights of creditors has drawn a boundary around the government's powers — though lawyers warn that the restrictions still leave those rights worth much less in practice.
The $6.4 billion Binance hack has exposed how decentralized finance can help attackers move stolen assets beyond the reach of freezing powers, underscoring what's at stake in the U.K.'s review of financial crime risks linked to DeFi, lawyers say.
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.
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.
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November 09, 2026
The founder and former chief executive of collapsed FTSE 100 hospital operator NMC Health Ltd. knowingly participated in a multibillion-dollar fraud, an Abu Dhabi court has ruled, with a judge setting $5.4 billion as the starting point for assessing how much they must pay.
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November 09, 2026
Litigation investor Henderson & Jones has sued the former director of a property company for £1 million ($1.3 million), alleging he took out a COVID-19 business interruption loan that contributed to the property developer becoming insolvent.
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November 09, 2026
The Financial Conduct Authority has said that consumer investment firms accounted for seven of the regulator's eight "skilled person" reviews of financial services firms it conducted during the first quarter of its 2026/27 financial year, adding that financial crime was the most common area of investigation.
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November 09, 2026
A financial adviser is suing his former business partner for allegedly concealing a scheme to inflate employees' salaries to help them secure mortgages before selling his stakes in the two men's businesses to the adviser for £2.5 million ($3.4 million).
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November 09, 2026
The European Union must extend proposed tax relief on cross-border dividend payments to regulated investment funds to reduce costs for savers and remove barriers to investment, the bloc's fund industry urged Monday.
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November 09, 2026
French lender Crédit Agricole said Monday it is looking to merge its Italian business with the Italian lender Banco BPM to create the country's third-largest banking group.
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November 09, 2026
Consumer organizations and charities urged the government on Monday to reconsider proposed reforms to the Financial Ombudsman Service, warning that the changes could make it harder for customers to win compensation from financial services companies.
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November 06, 2026
German financier Lars Windhorst told a London court in a hearing Friday that a brokerage that his company Tennor Holding BV was ordered to pay €27 million ($30 million) could "take the keys" to Tennor's offices to enforce the debt.
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November 06, 2026
The past week in London has seen Samsung sue Petrofac and its administrators, building materials giant Kingspan hit with two financial list claims by dozens of institutional investors, and Boehringer Ingelheim file a patent claim against fellow pharmaceutical company Sandoz amid ongoing conflict surrounding its empagliflozin type 2 diabetes drug.
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November 06, 2026
Europe's banking regulators on Friday called for a common framework to protect consumers' savings if their bank fails, to strengthen confidence in lenders and reduce barriers to cross-border business, stating the measure is essential to completing the bloc's banking union.
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November 06, 2026
Egyptian petrochemicals company Carbon Holdings Ltd. has accused financial adviser Houlihan Lokey of pressuring it into signing a deal to repay millions of dollars of consultancy fees owed for debt restructuring work, as it fights the nearly $5.5 million claim in London's High Court.
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November 06, 2026
Mex Group's former general counsel argued in court Friday that the restrictions preventing him from communicating with his ex-employer's litigation opponents did not prevent him from discussing information already in the public domain.
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November 06, 2026
Several institutional investors including Allianz and RBC Global Asset Management have sued Kingspan in the latest of a series of financial list claims filed against the building materials giant.
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November 06, 2026
Governments, financial institutions and technology companies must cooperate more closely and accelerate information sharing to disrupt criminal networks behind "industrial-scale" online scam centers, a global standards setter has warned.
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November 05, 2026
Three former employees of a wealth manager being sued in the High Court for poaching staff and client accounts worth millions of pounds have denied they acted unlawfully.
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November 05, 2026
Kuwait's pensions authority can recover almost $1 billion after its former director orchestrated an unlawful scheme of corrupt payments on a "breathtaking scale," a London court ruled Thursday.
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November 05, 2026
The shift from traditional stock exchanges toward private, bilateral trading can reduce genuine market liquidity and make it harder for investors to know whether they are getting a good price, a global trade body warned Thursday.
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November 05, 2026
The financial watchdog said Thursday that it has prevented a debt collection firm from pursuing workers for repayment of tax avoidance scheme loans, after the debts were sold to a company that is not authorized by the regulator.
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November 05, 2026
A second group of institutional investors sued Kingspan on Thursday over alleged Grenfell Tower-linked breaches, a month after more than 60 investors sought more than €100 million ($112 million) from the building materials giant.
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November 05, 2026
Mex Group told a court on Thursday that its former general counsel committed contempt of court by sharing legal submissions and discussing allegedly forged evidence with defendants in separate litigation brought by the investment company, in breach of promises he gave to the court.
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November 05, 2026
A wealth management group has sued Gallagher for £20 million ($27 million) at a London court, alleging that the brokerage failed to warn it that insurers could avoid liability for payouts under a redress program for tanked pension investments.
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November 04, 2026
A Singaporean oil company failed to impose a freezing order against its former chief executive and "de facto chief financial officer" after a London appellate court ruled that it had not demonstrated the men were trying to hide allegedly misappropriated funds.
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November 04, 2026
Almost two-thirds of young people in the U.K. have encountered suspicious money-making offers online, with criminals increasingly using social media to recruit money mules, a trade body warned Wednesday.
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November 04, 2026
The Bank of England said Wednesday that it is starting to design a new system for everyday payments to reduce fraud, give consumers and businesses more choice over how they pay and to support emerging forms of digital cash.
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November 04, 2026
The Financial Conduct Authority has said it will simplify U.K. rules governing derivatives deals between companies in the same corporate group, shortening notification periods and reducing paperwork for firms seeking exemptions from clearing and margin requirements.