Corporate Crime & Compliance UK

  • May 26, 2026

    EU Prosecutors Indict 3 Over €2.5M Grant Fraud

    European Union prosecutors said Tuesday they have indicted a company and three individuals for subsidy fraud and document forgery over an allegedly bogus request for a €2.5 million ($2.9 million) post-earthquake reconstruction grant.

  • May 26, 2026

    Lessor Sues For $28M Jet After Betting Probe Delays Payment

    A Turkish aircraft lessor has sued a property finance company after it allegedly refused to hand over a $27.7 million private jet, this after the arrest of the lessor's former chairman over a football gambling probe delayed payment for the plane.

  • May 26, 2026

    BP Removes Chair Over Standards, Conduct Concerns

    Oil giant BP said Tuesday that it has removed its chair over "serious concerns" about "important governance standards, oversight and conduct."

  • May 26, 2026

    BoE Stress-Tests London Market Insurers On Cyber, Climate

    The regulatory arm of the Bank of England is stress-testing the insurance sector to assess how well it would respond to the fallout from a massive cyberattack in conjunction with a string of natural catastrophes, a trade body said on Tuesday.

  • May 23, 2026

    SFO Agents Accused Of Using Bribes In London Mining Probe

    An expert working for the Serious Fraud Office paid bribes to public officials in Sierra Leone to secure evidence for the agency's London Mining prosecution, three defendants cleared of charges have alleged.

  • May 22, 2026

    UK Crime-Reporting Push Stalls Over Lawyers' Privilege Fears

    Reluctance among lawyers to raise the alarm on suspicious clients is hampering the fight against economic crime as companies wrestle with legal and cultural issues that could land them in hot water with regulators.

  • May 22, 2026

    Ship Owners Right To Nix Oil Trip Over Sanctions Risk

    The owners of a vessel were entitled to refuse to load a cargo by an oil company allegedly part-owned by an oligarch with links to Belarus after an appeals court held Friday they reasonably feared they would breach sanctions.

  • May 22, 2026

    PrivatBank Beats Ex-Owners' Bid To Appeal $3B Fraud Ruling

    The former owners of PrivatBank failed on Friday to overturn a finding that they owe the Ukrainian lender $3 billion, as an appeals court rejected their argument that its acceptance of a later repayment "extinguished" the loss resulting from their fraudulent loan recycling scheme.

  • May 22, 2026

    MFS Litigation Grows With Latest Claim Against Founder

    Administrators of a company linked to Market Financial Solutions have sued Paresh Raja, the collapsed lender's owner, in a London court for alleged breach of fiduciary duty — the latest in growing litigation surrounding the mortgage scandal.

  • May 22, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Napster sued by a music royalties company, White & Case LLP and Laytons LLP targeted in a claim by a property developer, a short-term lender pursue legal action against law firm Rainer Hughes and its former founding partner following his strike-off for money laundering offenses, and the administrators of London Bridging sue the founder of collapsed Market Financial Solutions. Here, Law360 looks at these and other new claims in the U.K.

  • May 21, 2026

    EU's Top Court Says Trusts Can't Shield Sanctioned Assets

    The European Union's top court issued a series of judgments on Thursday reinforcing the bloc's ability to look past trusts to identify assets that individuals benefit from in order to enforce sanctions.

  • May 21, 2026

    Businesses Ask Top UK Court To Clarify Whistleblowing Law

    Two businesses urged Britain's highest court on Thursday to rule that whistleblowers suing over unfair dismissal cannot also pursue separate claims for detriment arising from the same dismissal in a case that could reshape the scope of protection under the Employment Rights Act.

  • May 21, 2026

    UK To Crack Down On Energy Giants' Offshore Tax Planning

    U.K. Chancellor of the Exchequer Rachel Reeves announced plans Thursday to restrict offshore tax planning by energy multinationals as part of a series of fiscal measures, including cuts to fuel duty and value-added tax.

  • May 21, 2026

    Former LC&F Boss Imprisoned For Contempt Of Court

    The former boss of London Capital & Finance PLC was hit with a six-month prison sentence Thursday for breaching an order imposed by the Serious Fraud Office during an investigation into the £237 million ($317.9 million) collapse of the company.

  • May 21, 2026

    Dentons Wins 65% Of Its Costs From SRA Over AML Case

    An English appeals court ruled Thursday that the Solicitors Regulation Authority might have to pay Dentons more than £515,000 ($690,000) over the watchdog's failed attempt to prosecute the firm for breaching the U.K.'s money laundering rules. 

  • May 21, 2026

    Ex-Insurance Worker To Pay £355K For Selling Personal Data

    The Information Commissioner's Office said Thursday it had secured a confiscation order of more than £355,000 ($476,000) against a former motor insurance worker convicted of unlawfully accessing and selling personal data for financial gain.

  • May 21, 2026

    UK Watchdog Eases Rules For Branches Of Foreign Insurers

    The Bank of England said Thursday that it will loosen rules to make it easier for foreign insurers to operate in the U.K. as part of an effort to boost the national economy.  

  • May 20, 2026

    Ex-Director Loses Bid For $1.3M Bonus Over Backdated Deal

    A London court rejected a former director's bid to claim a $1.3 million bonus from her old company, agreeing with an arbitrator that the director and the former CEO had fraudulently backdated an agreement by five years. 

  • May 20, 2026

    Firms Deny Alleged Plot To Drain $9M Bond Investment

    Three companies have denied allegations that they conspired to defraud a management consultancy by helping a purported bond market trader dissipate a $9.4 million investment, claiming the funds they received from the trader's business were legitimate payments relating to loans.

  • May 20, 2026

    London Police Say Global Fraud Crackdown Nets 31 Arrests

    The City of London Police announced Wednesday that an international crackdown on fraud has led to the arrests of 31 people through a joint effort with the private sector and authorities in Nigeria. 

  • May 20, 2026

    KC Used Expertise To Dodge £2M In Tax, Prosecutors Say

    A senior tax barrister cheated the public purse out of almost £2 million ($2.7 million) through a series of "elaborate arrangements," a prosecutor said on the first day of the lawyer's criminal trial on Wednesday.

  • May 20, 2026

    UK Eases Sanctions On Russian Diesel, Jet Fuel Imports

    The U.K. government on Wednesday permitted imports of diesel and jet fuel refined abroad using Russian crude oil, watering down sanctions on Russian oil products following the prolonged closure of the Strait of Hormuz.

  • May 20, 2026

    Nottingham Forest Owner Clears Hurdle In £5M Libel Claim

    Nottingham Forest Football Club owner Evangelos Marinakis persuaded a London court on Wednesday that articles, videos and social media posts at the center of his £5 million ($6.7 million) libel claim against the chair of Greek club Aris are capable of being defamatory.

  • May 19, 2026

    Criminal Solicitor Struck Off For Pocketing Client Money

    A former criminal law specialist at a firm in northeast England has been barred from practicing after he deliberately directed a client to pay into his personal bank account more than £5,000 ($6,698) intended for his firm in legal fees.

  • May 19, 2026

    Football Charity 'Let Down The Players,' Watchdog Says

    The U.K.'s charity watchdog said Tuesday that a football charity had "let down the players" as it published a highly critical report on mismanagement by trustees and announced the recovery of £2.5 million ($3.35 million) of funds by the nonprofit.

Expert Analysis

  • 2025 UK Merger Reforms Simplify Path For Deals

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    Dealmakers should laud the 2025 reforms in the U.K. merger control and investment screening landscape, as the Competition and Markets Authority’s renewed focus on economic growth — and on implementing more flexible, streamlined and hands-off procedures — makes planning transactions a more predictable process, say lawyers at Akin Gump.

  • Train Ticket Class Action Shows Limits Of Competition Law

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    The Competition Appeal Tribunal's recent judgment in Gutmann v. London & Southeastern Railway, Govia Thameslink Railway and First MTR South Western Trains Ltd. restates the important principle that a high bar is required to demonstrate an abuse of dominance, providing welcome clarification for consumer-facing businesses that competition law is not intended to serve as a general vehicle for consumer protection, say lawyers at Freshfields.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • CMA's Leniency Guide May Change Self-Report Calculus

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    The Competition and Markets Authority's updated leniency guide introduces significant changes to bolster cartel enforcement, with incentives to early self-report that will be welcomed by businesses, but the weighty specter of potential class actions could greatly outweigh the discount on administrative fines, say lawyers at Cooley.

  • Why EU's FDI Screening Proposals Require Careful Balance

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    The European Commission’s proposals to harmonize EU foreign direct investment screening regimes at the member state level require a trilogue between the commission, Parliament and council, which means political tensions need to be resolved in order to reach agreement on the five key reforms, say lawyers at Arnold & Porter.

  • Fashion Giants' €157M Fine Shows Price-Fixing Not In Vogue

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    The European Commission’s recent substantial fining of fashion houses Gucci, Chloé and Loewe for resale price maintenance in a distribution agreement demonstrates that a wide range of activities is considered illegal, and that enforcement under EU competition law remains a priority, says Matthew Hall at McGuireWoods.

  • OFSI Proposals Signal Greater Focus On Enforcement Activity

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    The Office of Financial Sanctions Implementation’s proposed financial sanctions reforms, with risks of higher penalties and more stringent disclosure requirements for U.K. banks and companies, reflect the agency’s evolution into a more sophisticated and robust enforcement regulator, says Irene Polieri at Gibson Dunn.

  • How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach

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    The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.

  • UK Getty Ruling Tests Balance Of IP Rights And AI Industry

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    The recent Getty Images v. Stability AI High Court decision, rejecting copyright claims while upholding limited trademark infringement, will influence the creative community and U.K. artificial intelligence industry alike, and the training of AI models in the U.K. is still a risk, say lawyers at Powell Gilbert.

  • Takeaways From Landmark UK Ruling On Brazil Dam Collapse

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    The High Court found BHP liable for a Brazilian dam collapse that resulted in a major environmental disaster, showing that England remains open for complex transnational environmental claims and providing a road map for other mass claims that are sure to follow this case, says Josep Galvez at 4-5 Gray's Inn Square.

  • Navigating Compliance As EU Cybersecurity Rules Evolve

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    One year after the European Union’s Network and Information Systems Directive 2 took effect, in-scope organizations are encountering mounting pressure to meet new cybersecurity standards, and national variations are creating additional challenges for companies that operate across multiple EU jurisdictions, say lawyers at Goodwin.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • UK Tribunal's Clearview Decision Expands GDPR Application

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    The Upper Tribunal’s recent decision in Information Commissioner v. Clearview AI is an important ruling on the extraterritorial reach of the European Union and U.K. General Data Protection Regulations, broadening behavioral monitoring to include not only activity by the company, but also its client, says Edward Machin at Ropes & Gray.

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