Corporate Crime & Compliance UK

  • August 14, 2026

    FOS Can Withhold Bank Complaint Records, Tribunal Rules

    A tribunal has ruled that the Financial Ombudsman Service may withhold confidential information it received from the Co-operative Bank during an investigation into a disgruntled bank customer's complaint and subsequent information request.

  • August 14, 2026

    Investor In €45M Fraud Can Get Info On Frozen Accounts

    An investment fund that says it is the victim of a €45 million ($52 million) fraud secured a court order on Friday for HSBC to provide it with information on the alleged scammers' frozen bank accounts.

  • August 14, 2026

    Solicitor Seeks Return After Strike-Off Over No Insurance

    A solicitor who was struck off for misconduct including practicing without valid insurance asked a disciplinary tribunal on Friday to readmit him to the profession, arguing that he "unequivocally" accepts his sanction and is genuinely remorseful.

  • August 14, 2026

    Ex-Asset Manager CEO Fined For Lying To FCA On FC Deal

    The Financial Conduct Authority said Friday it had fined Paul Taylor, the former chief executive of Blue Horizon, £489,000 ($662,000) and banned him from working in finance after he made false statements as he sought to buy a bank and a football club.

  • August 13, 2026

    Feds Can Release More Documents Under Epstein Law

    A New York federal judge granted the federal government's request to unseal documents in a 2015 civil lawsuit filed by the late Virginia Giuffre, a Jeffrey Epstein accuser who sued Ghislaine Maxwell a decade before her death last year.

  • August 13, 2026

    Visa, Mastercard Get Joiner Cutoff In Swipe Fees Claim

    Visa and Mastercard have convinced the Competition Appeal Tribunal to restrict the number of claimants ahead of a trial that will determine whether the credit card giants are allowed to rely on legal exemptions for anti-competitive interchange fees.

  • August 13, 2026

    Clarion Not Owed £2.9M Over Misleading Bonds, Insurer Says

    An insurer has denied owing Clarion £2.9 million ($4 million) under bonds for two developments in England, claiming that the housing association knew the insurer had been misled about a contractor's role in the projects.

  • August 13, 2026

    EU Prosecutors Foil €348K Vineyard Subsidy Fraud

    The owner of a Bulgarian vineyard is facing criminal charges after allegedly trying to obtain almost €350,000 ($404,000) in European Union agricultural subsidies by using false declarations about the harvest, European prosecutors said Thursday.

  • August 13, 2026

    Clinic Sues Charity Over Failed £5.5M Gym Lease

    A London health clinics company has sued the trustees of a charity for allegedly failing to complete a £5.5 million ($7 million) lease for a gym or return more than £650,000 paid toward the deal.

  • August 13, 2026

    Deutsche Calls Ex-Execs' £700M Conspiracy Claims Baseless

    Deutsche Bank has hit back against a £700 million ($944 million) claim brought by four former executives, denying that it conspired to have them imprisoned in an attempt to conceal its historical accounting errors in one of Italy's biggest financial scandals.

  • August 12, 2026

    Big Tech Fraud Liability Plan A Great Idea With Long Odds

    Novel plans to hold online platforms criminally liable for fraudsters who exploit their operations could shake up corporate culture at some of the world's biggest companies — if the policy proposal was not likely to end up in the long grass, lawyers say.

  • August 12, 2026

    MSC Cruises Chair Asks UK To Block US Me-Too Suit

    The executive chairman of MSC Cruises has asked a London court to block an American tech entrepreneur's sexual misconduct suit, arguing that her case violates a non-disclosure agreement they signed during business talks.

  • August 12, 2026

    Hotel Worker Wins Appeal On Whistleblowing Relief Bid

    An Edinburgh appeals judge has ordered a tribunal to reconsider a hotel worker's bid to have his contract reinstated ahead of his whistleblowing claim, ruling that an earlier tribunal failed to correctly determine whether he was entitled to the relief.

  • August 12, 2026

    Libyan Wealth Fund Seeks Data On Suspect $50M Investment

    A subsidiary of Libya's sovereign wealth fund has sued a London fund manager, seeking information about suspected third-party commission payments in connection with a $50 million investment it made.

  • August 12, 2026

    Gupta Gets More Time In $7M UK Nickel Fraud Claim

    Indian metals tycoon Prateek Gupta has partly convinced an appeals court to delay acknowledging an almost $7 million fraud claim brought by a commodities trader pending the outcome of a jurisdictional challenge at the U.K. Supreme Court.

  • August 11, 2026

    Haulage Co. Bosses Stripped Biz Assets To Defraud Creditors

    Four directors and managers of a haulage business defrauded its creditors by transferring more than £400,000 ($540,000) out of the company's bank accounts and moving assets while a freezing order was in place, a London court has ruled.

  • August 11, 2026

    LawCare Warns Of Data Breach After Hacking Incident

    LawCare has disclosed that hackers who breached its records management software provider Beacon CRM accessed personal information about people who contacted the legal support charity.

  • August 11, 2026

    Insurers Sue Ex-Petrofac Execs Linked To Bribery Scandal

    Nine Lloyd's insurers have sued two former Petrofac executives who are facing bribery charges stemming from the Serious Fraud Office's multimillion-pound investigation into the oil and gas giant and its subsidiaries.

  • August 11, 2026

    Ex-Goodwin Lawyer's Plea Date Set For Insider Trading Case

    A former mergers and acquisitions solicitor at Goodwin Procter appeared at a London court on charges of insider trading on Tuesday, when his plea date was adjourned by a month.

  • August 11, 2026

    Police Watchdog Probes Detective's Alleged AI Misuse

    The police complaints watchdog disclosed Tuesday that it has launched an investigation into a senior detective for alleged gross misconduct over their use of artificial intelligence in breach of workplace guidelines.

  • August 10, 2026

    Barclays Mortgage Adviser Investigation Ruled Not Racist

    A Barclays mortgage adviser has lost his race discrimination claim against the bank, with an employment judge ruling that a disciplinary investigation into his use of customer records was not tainted by bias.

  • August 10, 2026

    2 Suspects In €33M VAT Fraud Put Under House Arrest In Italy

    Two people suspected of conducting a €33 million ($38 million) value-added tax fraud in Italy by importing clothes from China have been placed under house arrest, European Union prosecutors said Monday.

  • August 10, 2026

    Gunnercooke Denies Botching Settlement Over HBOS Fraud

    Gunnercooke has denied costing a family £4.7 million ($6.3 million) by bungling a settlement reached in the wake of their bankruptcies over a £245 million fraud against HBOS, arguing that the deal reflected what it was instructed to do.

  • August 10, 2026

    Car Dealer Ordered To Repay COVID-19 Loan

    A used-car dealer based in Bradford in northern England has been ordered to repay £66,917 ($90,500) after fraudulently securing a £50,000 COVID-19 bounce back loan, the Insolvency Service said Monday.

  • August 10, 2026

    Ex-Solicitor Can't Return To Rolls After Sham Marriage Advice

    An ex-solicitor who was struck off after being caught on camera advising an undercover reporter on how to use a sham marriage for immigration purposes, and for not following up on red flags for a property transaction, failed Monday to return to the legal profession.

Expert Analysis

  • UK-EU Competition Agreement Signals Rebuilding Of Ties

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    The European Commission’s recent adoption of proposals to sign the European Union-U.K. competition agreement is a welcome first step toward better policy and enforcement convergence, providing a clearer legal framework for businesses to manage regulatory risk, says Charles Whiddington at Steptoe.

  • What To Expect As UK, US Gov'ts Develop Stablecoin Policies

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    While the U.K. and U.S. governments’ policies both suggest that fiat-backed stablecoins can improve efficiency and safety in payments systems, a perception that crypto-assets remain high risk means consumers are unlikely to use them in significant volume anytime soon, say lawyers at Cadwalader.

  • Decoding Arbitral Disputes: UK Injunctions Across Borders

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    A recent High Court of Justice decision allowing JPMorgan Chase Bank to block VTB Bank from bringing suit in a Russian court provides a seminal reflection on the power of English courts to issue antisuit injunctions when global banking disputes increasingly straddle multiple jurisdictions, says Josep Galvez of 4-5 Gray's Inn.

  • 7 Reforms To Note Under New UK Data Protection Law

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    Although the recently enacted Data Use Act’s changes to U.K. law are subtle, its reforms go beyond data protection, including changes that redefine the scope of scientific research and an update that clarifies what constitutes automated decision-making, says James Castro-Edwards at Arnold & Porter.

  • How Regulators Want Online Platforms To Fight Finance Fraud

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    Recent statements from the International Organization of Securities Commissions and the European Securities and Markets Authority make clear that online platform providers are expected to adopt proactive measures to prevent the promotion of unauthorized financial services and related misconduct, say lawyers at Taylor Wessing.

  • FCA Notes Industry Criticism But Keeps Transparency Focus

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    The Financial Conduct Authority’s recently updated enforcement guide finally gives up the "naming and shaming" public interest test, demonstrating that the regulator has recognized the industry's serious concerns while maintaining less contentious aspects of its proposals to improve transparency in investigations, say lawyers at Irwin Mitchell.

  • Anticipating A Shift In CMA Merger Control Enforcement

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    As the Competition and Markets Authority outlines plans to put the U.K. government's growth objectives into action, the changes may well pave the way for a more permissive outlook for review of mergers and acquisitions in the U.K., say lawyers at A&O Shearman.

  • Court Backing Of FCA Pensions Ruling Sends Key Message

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    The Upper Tribunal’s recent upholding of the Financial Conduct Authority's decisions against CFP Management directors serves as a judicial endorsement of the regulator’s approach to defined benefit transfers, underscoring that where the advisory model is fundamentally flawed, the consequences for those in control can be severe, say lawyers at RPC.

  • What To Note As UK Adopts OECD Crypto Disclosure Rules

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    With the U.K.’s recent announcement that it will adopt the Organization for Economic Cooperation and Development's crypto-asset reporting framework, users and providers will benefit from understanding the context surrounding the decision and the framework's intended goal of clamping down on tax evasion, say lawyers at Brown Rudnick.

  • Why UK Sanctions Review Recommendations Lack Substance

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    The recent U.K. cross-government sanctions enforcement review makes welcome but unambitious recommendations, and without increasing funding for sanctions agencies or developing a whistleblower incentivization scheme, it is unlikely to result in tangible support for the sectors that most need it, say lawyers at WilmerHale.

  • How UK Law Firms Can Counter Money Laundering Threat

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    With figures released in May showing that money laundering was the biggest source of fraud in the U.K. last year, law firms should focus on internal identification and prevention strategies, considering the scale and nature of potential risk exposure depends on several business factors, says Niall Hearty at Rahman Ravelli.

  • Key Takeaways As EU And UK Impose New Russia Sanctions

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    The European Union and U.K.’s new sanctions on Russia, designating increasing numbers of non-Russian companies in the defense and shipping sectors, mean that organizations must examine from the outset whether a transaction has any nexus with the EU or the U.K., say lawyers at Sullivan & Cromwell.

  • 8 Ways Law Firms Can Prepare For SRA's AML Offensive

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    The Solicitors Regulation Authority’s recent plans to intensify anti-money laundering enforcement means firms need to concentrate on strengthening client matter risk assessments, policies and procedures, source of funds checks and firmwide risk assessments, says Harriet Holmes at Thirdfort.

  • How Unfair Practice Rules Boost Consumer Protections

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    With the consumer protection aspects of the Digital Markets, Competition and Consumers Act now in force, companies must not only ensure their business is not engaged in prohibited practices, but also consider how consumers make decisions to acquire goods and services, say lawyers at Linklaters.

  • Fraud Office Guidance Highlights Value Of Self-Reporting

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    New guidance from the U.K.'s Serious Fraud Office on corporate self-reporting, cooperation and deferred prosecution agreements provides a useful framework for companies navigating criminal investigations and their potential resolutions — and underscores that corporations that self-report are in a better position to obtain DPAs than those that do not, say lawyers at Skadden.

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