Corporate Crime & Compliance UK

  • April 17, 2026

    Deutsche Bank Reports Potential Russia Sanctions Lapses

    Deutsche Bank said Friday it has reported itself to financial regulators over unspecified potential breaches of European Union sanctions rules involving Russian clients.

  • April 17, 2026

    Ex-Goldman Banker Must Pay Back £400K Legal Aid Funding

    A former Goldman Sachs banker must repay almost £400,000 ($534,000) in legal aid funding after being sentenced for contempt of court, an appeals court ruled on Friday as it rejected his case that the recovery regime caused inconsistent results.

  • April 17, 2026

    Whistleblowing On Minimum Wage Breaches At New High

    A growing number of whistleblowers are reporting employers they believe are not paying the national minimum wage as reports rose to a five-year high of more than 7,600 in 2025, according to data obtained from HMRC.

  • April 17, 2026

    EU AML Body Seeks Baseline Rules For Firms' Risk Reviews

    The European Union's financial crime watchdog has proposed fresh requirements on how companies should review their money laundering and terrorist financing risks, saying that business-wide assessments should at a minimum set out a clear overview of their legal and operational structure.

  • April 17, 2026

    Retailer Biz Can't Block UniCredit's €42M Russian Asset Fight

    A retail outlet owner can't block Russian proceedings by AO UniCredit aimed at taking some of the retailer's approximately €42 million ($50 million) property portfolio, as an appeals court ruled Friday that the bank did not breach an agreement to arbitrate.

  • April 17, 2026

    Richard Desmond Loses £1.3B UK Lottery License Fight

    A group owned by former media magnate Richard Desmond said Friday it would appeal the loss of its £1.3 billion ($1.7 billion) claim against the gambling regulator after a judge ruled that the watchdog's process of awarding the National Lottery license was lawful.

  • April 16, 2026

    £382M Fish Cartel Class Action Refused Over Class Rep Fees

    A U.K. tribunal has refused permission for a £382 million ($517 million) class action alleging that fish producers artificially inflated salmon prices, concluding the class representative's £300 hourly fee suggested "a motivation beyond pursuing the interests of the class."

  • April 16, 2026

    Gov't Reports Capita Over Pension Data Breach

    The government has reported the new administrator of the Civil Service Pension Scheme to the Information Commissioner's Office over a data breach, amid growing official frustration over a botched handover.

  • April 16, 2026

    UK Ship Financier Charged With Russia Sanctions Offenses

    A British accountant has been charged with breaching sanctions imposed on him linked to his alleged involvement in Russia's "shadow fleet," the U.K.'s National Crime Agency has said.

  • April 16, 2026

    SRA Probes Firms Accused Of Fake Gay Asylum Claims

    The Solicitors Regulation Authority said Thursday that it is investigating two law firms accused of advising migrants to fake being gay to claim asylum in the U.K.

  • April 16, 2026

    Glencore Can Shield Internal Legal Prep Docs In Investor Case

    Glencore does not have to disclose internal communications whose primary purpose was to obtain legal advice in its legal battle with investors who said they were misled about wrongdoing, as a court held on Thursday that they were covered by legal privilege.

  • April 16, 2026

    UK Sanctions Body Unveils 3-Year Plan To Speed Probes

    The state sanctions watchdog has unveiled a three-year plan to accelerate enforcement, aiming to submit 90% of new investigations for a decision within 18 months of opening them.

  • April 16, 2026

    Interim SFO Chief Outlines 'Pivotal' Year Tackling Disclosure

    The interim director of the Serious Fraud Office said Thursday that 2026-2027 will be a "pivotal year" for the white collar agency as it tackles disclosure problems, launches its first-ever case management system and focuses on international cooperation.

  • April 15, 2026

    UBS Must Reveal Atty Comms In Ex-Trader's $400M Libor Suit

    A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.

  • April 15, 2026

    UK Moots NDA Ban Exemption If Workers Agree In Writing

    The government is weighing exemptions to its proposal to ban non-disclosure agreements in cases of workplace harassment and discrimination, suggesting Wednesday that such NDAs could be valid if staff agree in writing.

  • April 15, 2026

    Intelligence Firm Will Hand Deripaska Source Of 'Fake' Report

    A business intelligence company agreed on Wednesday to disclose to Oleg Deripaska the source of an allegedly forged report that the Russian oligarch's former business partner used in a bitter legal dispute between the two men. 

  • April 15, 2026

    Arms Broker Denies Criminality Over Libya, Sudan Deals

    A man accused of being involved in schemes to traffic weapons without a license to countries including South Sudan and Libya told a London jury Wednesday that they should not convict him just for being involved in arms dealing.

  • April 15, 2026

    Builders Brace To Fight Tax Fraud 'Should Have Known' Test

    Britain's tax agency has begun to wield strengthened enforcement powers to combat tax fraud in the construction industry after reforms that lawyers warn could trigger disputes as businesses challenge whether they meet the regime's contentious "should have known" test.

  • April 15, 2026

    Collapsed Pensions Biz Misused Clients' Money, FCA Says

    The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.

  • April 15, 2026

    AI Reshaping Cyber Insurance Risk, Report Warns

    Rapid advances in artificial intelligence are increasing the speed, scale and coordination of cyberattacks and introducing new risks for insurers, according to a report by a risk analytics platform.

  • April 15, 2026

    AA Hit With £5M Fine Over Hidden Driving Lesson Fees

    The U.K.'s competition watchdog has fined the AA, the motoring association, almost £5 million ($6.8 million) after finding that lesson booking fees were hidden from learner drivers.

  • April 15, 2026

    TV Property Developer Faces 2028 Trial Over £2M Fraud

    A property developer will have to wait until 2028 to face trial over allegations that he defrauded a U.S. rental company out of £2 million ($2.7 million), a judge said at a London court hearing on Wednesday.

  • April 15, 2026

    Plane Lessor, Reinsurer Settle $23M Claim Over Jet In Russia

    An aircraft lessor and a reinsurer have reached a settlement to pause part of a multimillion-dollar dispute over a plane stranded in Russia after the invasion of Ukraine, while the wider case continues.

  • April 14, 2026

    Ex-Unite Legal Boss Widens Appeal Of Fraud Probe Sanction

    Unite the Union's former legal chief won permission on Tuesday to expand his appeal against his failed claim that he was unfairly disciplined and forced to quit amid suspicion he was involved in bribery, money laundering and fraud at the trade union.

  • April 14, 2026

    FCA Bans Motor Finance Ads Misusing Martin Lewis Clips

    The Financial Conduct Authority said Tuesday that it has banned advertisements from a claims management company for using its logo without permission and unauthorized clips of the founder of MoneySavingExpert to make "misleading claims about average motor finance compensation."

Expert Analysis

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.

  • New CMA Powers Will Change Consumer Protection Regime

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    The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.

  • Opinion

    Prospects For New Fraud Prevention Prosecution Look Slim

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    With the Labour Party's inherited patchwork of Conservative Party corporate crime legislation for preventing fraud and corruption, the forthcoming Economic Crime Act’s failure to prevent fraud offense is unlikely to be successful in assisting prosecutors bring companies to justice, says Matthew Cowie at Rahman Ravelli.

  • What's Next After FCA Drops Troubled 'Name And Shame' Plan

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    A closer look at the Financial Conduct Authority's recent decision to toss its widely unpopular proposal changing the test for announcing enforcement investigations may reveal how we got here, why the regulator changed course, and where it’s headed next, say lawyers at Hogan Lovells.

  • What To Note In EU Tech Transfer Agreements Consultation

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    Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.

  • UK Refusal Of US Extradition Request May Set New Standard

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    The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.

  • Insights On ESMA's Alternative Investment Fund Consultation

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    Aaron Mulcahy at Maples Group discusses key points from the European Securities and Markets Authority’s recent consultation on open-ended loan-originating alternative investment funds, highlighting the growth in semi-liquid evergreen funds and explaining ESMA’s proposed standards.

  • How UK Supreme Court May Assess Russia Sanctions Cases

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    In two recent U.K. Supreme Court cases challenging the U.K. Russia sanctions regime, the forthcoming judgments are likely to focus on proportionality and European Convention on Human Rights compatibility, and will undoubtedly influence how future challenges are shaped, says Leigh Crestohl at Zaiwalla.

  • Roundup

    Practice Leader Insights

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    Practice group leaders share thoughts on keeping the pulse on legal trends, tackling difficult cases and what it takes to make a mark in their area in this Expert Analysis series.

  • How EU Digital Act Could Shape UK Technology Disputes

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    Noncompliance with the recently effective European Union Digital Operational Resilience Act will add layers of complexity to disputes and litigation for U.K.-based firms servicing EU entities, but international standards may serve as a bridge between jurisdictional and contractual misalignments, says Siobhan Forster at Alvarez & Marsal.

  • Key Findings From EU Report On Antitrust Remedies

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    Although the European Commission’s recent report assessing the effectiveness of its antitrust policy on behavioral remedies is not binding, it may influence future cases and promote coherence, providing useful insights for national competition authorities and courts when considering remedies in their own jurisdictions, say lawyers at Paul Weiss.

  • How Foreign Cos. Should Prep For New UK Fraud Law

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    As the U.K. prepares to hold companies criminally liable for failing to prevent fraudulent acts of their associates, U.S. and global companies should review their compliance measures against the broad language of this new offense, which could permit prosecution of acts committed entirely abroad, say attorneys at Latham & Watkins.

  • Opinion

    EU's AI Code Of Practice Creates Risk Of Regulatory Clashes

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    The second draft of the European Commission's Artificial Intelligence Code of Practice significantly expands beyond the European Union's existing legal framework for AI — especially around copyright protection, public transparency and reporting obligations — and risks interfering with other EU laws by introducing requirements contrary to existing regulations, say lawyers at MoFo.

  • Ruling In SFO Case Shows How Contract Rules Apply To DPAs

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    The Court of Appeal’s recent decision upholding the Serious Fraud Office's first-ever attempt to enforce an expired deferred prosecution agreement illustrates that the courts' approach to DPAs is governed by the rules of contract, and that the intention of the parties at the time of agreement is critical to contract interpretation, say lawyers at Simmons & Simmons.

  • What To Know About Compliance As EU AI Act Takes Effect

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    Raj Shah at Mishcon de Reya explains how recently effective provisions of the European Union Artificial Intelligence Act, which concern prohibited AI practices and AI literacy, will affect both providers and users of AI systems, and suggests steps that companies can take now to plug any compliance gaps.

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