Growth in artificial intelligence combined with the easing of mortgage rules by the Financial Conduct Authority will accelerate fraud risks for lenders and put senior manager accountability to new tests, lawyers have warned.
Proposals by the Financial Conduct Authority to replace its senior managers regime approval process for some roles with company-led notifications of appointments to the regulator could create openings for bad apples, lawyers have warned.
Plans to pay whistleblowers are likely to shape the government's search for the next director of the Serious Fraud Office as the U.K. mulls controversial reforms that will need the full backing of the white-collar prosecutor, lawyers say.
Prosecutors are weighing charges over the Grenfell Tower fire after a nine-year police investigation, but lawyers say that building criminal cases from the evidence will be difficult because of the potential number of defendants and complex chains of responsibility.
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Growth in artificial intelligence combined with the easing of mortgage rules by the Financial Conduct Authority will accelerate fraud risks for lenders and put senior manager accountability to new tests, lawyers have warned.
Proposals by the Financial Conduct Authority to replace its senior managers regime approval process for some roles with company-led notifications of appointments to the regulator could create openings for bad apples, lawyers have warned.
Plans to pay whistleblowers are likely to shape the government's search for the next director of the Serious Fraud Office as the U.K. mulls controversial reforms that will need the full backing of the white-collar prosecutor, lawyers say.
Prosecutors are weighing charges over the Grenfell Tower fire after a nine-year police investigation, but lawyers say that building criminal cases from the evidence will be difficult because of the potential number of defendants and complex chains of responsibility.
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October 29, 2026
French and Ukrainian authorities have searched property in France in an investigation into a deal for substandard body armor for Ukraine's armed forces that allegedly caused losses of more than €53 million ($59 million), European Union prosecutors said Thursday.
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October 29, 2026
Two former executives at oil trader Arcadia secured "very substantial" compensation Thursday for a decade-long asset freeze imposed over an unfounded fraud claim, although the award will likely fall short of the more than $1.1 billion they sought.
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October 29, 2026
Two directors of an investment firm have denied running a £55 million ($75 million) invoice fraud, telling a London court that the claim against them is based on missing documents and flawed calculations.
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October 29, 2026
The Financial Conduct Authority said Thursday that cryptocurrency exchange HTX has agreed to exit the U.K. market following a landmark High Court claim over its allegedly unlawful marketing of crypto assets to consumers in Britain.
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October 29, 2026
The Financial Reporting Council said on Thursday that it has finalized rules to strengthen the assessments by auditors of whether the companies they assess are complying with laws and regulations, including those governing fraud, bribery, and money laundering.
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October 28, 2026
A prominent political donor and businessman argued at the start of a London trial Wednesday that the BBC had falsely accused him of being involved in corrupt business dealings in three different countries, saying the broadcaster's case that the allegations were true was "plainly not sufficient."
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October 28, 2026
Russell Brand denied on Wednesday that he had attacked six women, telling a London court during his trial over rape and sexual assault charges that "consent is more important than sex."
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October 28, 2026
The Legal Services Board has approved changes to the financial penalties guidance set out by the Solicitors Regulation Authority, allowing the watchdog to impose unlimited fines on solicitors, traditional law firms and their employees for some breaches and misconduct linked to economic crime.
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October 28, 2026
The Serious Fraud Office said it will publish the total legal fees it incurred fighting Eurasian Natural Resources Corp.'s long-running $290 million claim over the agency's botched criminal investigation in its annual report and accounts next year.
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October 28, 2026
Burges Salmon LLP defeated a claim on Wednesday from a prospective buyer of two east London properties who alleged that the firm mishandled information and evidence he provided about potential fraud exposure during the transaction.
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October 28, 2026
The government has issued guidance on how businesses must comply with sanctions that ban them from providing construction services to individuals and companies connected to Russia.
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October 27, 2026
A former company director can't avoid nearly £283,000 ($377,000) in income tax on the unpaid balance of a loan despite it being written off, a London tribunal ruled, because the settlement with liquidators doesn't shield them from taxation.
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October 27, 2026
The administrators of class action services provider Goal Group have sued BDO for $30 million, alleging the auditor negligently failed to detect that the company was counting proceeds from clients' claims as revenue, ultimately causing its collapse.
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October 27, 2026
A Northern Ireland scaffolding contractor lost its bid to appeal against a value-added tax assessment of £63,600 ($84,700) over whether Britain's tax authority broke its own deadline after a London tribunal ruled in a judgment published Tuesday that the tax authority needed more evidence.
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October 27, 2026
Britain's accounting regulator said Tuesday it has fined accountancy firm HW Fisher £140,000 ($187,000) for "serious and numerous" failures in auditing a commodities trader that formed part of Sanjeev Gupta's industrial group.
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October 27, 2026
A man who claimed 650 of his sheep were stolen has been arrested under suspicion of fraud after he tried to claim almost £100,000 from his insurer.
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October 26, 2026
A property investor urged London's Court of Appeal on Monday to overturn findings that he misrepresented costs in a London real estate joint venture, arguing that the trial judge applied the wrong legal test when deciding he owed fiduciary duties.
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October 26, 2026
EasyJet has denied that it owes the Irish arm of a Russian aircraft lessor $72 million, telling a London court that it had to abandon six aircraft in light of U.K. and European Union sanctions.
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October 26, 2026
The Financial Conduct Authority's proposed rewrite of mortgage rules within its consumer duty regime, designed to protect households from taking risky financial action, could lead home buyers to make poor decisions and expose them to misselling traps, according to legal experts.
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October 26, 2026
A property developer is seeking to overturn a judgment against him of almost $15 million, alleging that his former business partner's company used a fraudulent agreement bearing a signature in his name to persuade a court that he owed millions under a financing deal.
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October 26, 2026
The European Commission said Monday that it has approved Temu's plan to improve its risk assessments after it fined the online retailer €200 million ($224 million) in May over illegal products sold on its platform.
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October 23, 2026
British prosecutors on Friday froze £50 million ($67 million) worth of cars, cash, a yacht and overseas properties using sweeping dirty money powers as part of a wider money laundering investigation into two U.K. nationals.
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October 23, 2026
Three Conservative Party insiders received suspended sentences Friday for cheating at gambling by placing bets on the timing of the 2024 general election.
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October 23, 2026
Two individuals have been convicted in Germany for acting as members of a criminal organization to carry out a €200 million ($224 million) value-added tax fraud involving electronics, the European Public Prosecutor's Office said Friday.
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October 23, 2026
The Financial Conduct Authority said Friday it plans to strengthen its financial crime controls to combat criminals as they adopt increasingly sophisticated methods and harness new technologies to create fresh threats.