Corporate Crime & Compliance UK

  • November 18, 2025

    Mike Lynch's Estate Seeks To Challenge HP Fraud Judgment

    Mike Lynch's estate asked a London court on Tuesday for permission to appeal against a judgment that found he had defrauded Hewlett Packard Enterprise, attacking a ruling that an entity set up to buy the technology entrepreneur's company was misled.

  • November 18, 2025

    Ex-Mishcon Client's Contempt Of Court Bid Challenged

    A London judge challenged a former client of Mishcon de Reya LLP who alleges that the firm's lawyers gave false statements to court, telling her Tuesday that she has put forward no simple or straightforward charge of contempt of court.

  • November 18, 2025

    Seismic Tech Co. Güralp Says SFO Missed DPA's Deadline

    A seismic technology company urged London judges on Tuesday to rule that it had not breached its corporate bribery settlement agreement with the Serious Fraud Office, arguing that the agency had missed its deadline.

  • November 18, 2025

    EU Targets Financial Cyber Risks With New IT Provider Rules

    The three financial watchdogs of the European Union named on Tuesday the designated third-party providers of critical information and communication technology for finance companies, which it will regulate directly.

  • November 18, 2025

    Kuwaiti Pension Chief's Heirs Fight To Avoid $1B Fraud Debt

    The children of a former Kuwaiti pensions fund director told an appeals court on Tuesday that they should not be held liable for their now-dead father's alleged $1 billion fraud debt, arguing that successors outside the English jurisdiction cannot be forced to pay.

  • November 17, 2025

    SAP Proposes Fixes Amid EU Antitrust Probe

    German software giant SAP has offered a set of commitments to European enforcers who raised concerns over maintenance and support services for the company's business management software.

  • November 17, 2025

    Solicitor Faces Tribunal Over Allegations Of Misleading Client

    A criminal defense solicitor fought allegations in a London disciplinary tribunal Monday that he had instructed a client to falsely deny allegations of corruption and to fabricate a narrative for their high-profile trial.

  • November 17, 2025

    TotalEnergies, Partners Fined €187M For Fuel Depot Collusion

    A French competition regulator revealed Monday that it has imposed fines totaling almost €187.5 million ($217.4 million) against the owners of Corsican oil depots, including fuel giant TotalEnergies, for colluding to reserve the use of the only two fuel stores on the Mediterranean island for themselves.

  • November 17, 2025

    Trafigura Accuses Gupta Of $600M Sham Nickel Trade At Trial

    Trading company Trafigura told the High Court on Monday that Prateek Gupta and his companies defrauded it out of $600 million in a sham nickel trade, opening a long-awaited trial over Trafigura's purchase of purported nickel shipments that turned out to be "worthless."

  • November 17, 2025

    Fugitive Can't Appeal Extradition For 5-Year Fraud Sentence

    A fugitive sentenced to more than five years in prison for fraud can't appeal his extradition to Italy, as a court ruled Monday that the decision correctly weighed up the public interest in him serving time against the difficulties his family would face.

  • November 17, 2025

    Fraudulent Insurance Claims Continue To Top £1B A Year

    Fraudulent claims in the U.K. general insurance sector rose again in 2024, with those linked to motor cover driving much of the increase, the Association of British Insurers warned on Monday.

  • November 17, 2025

    Hacker Ordered To Forfeit £4M In Crypto After Twitter Heist

    A London court has ordered an aspiring web developer to pay back £4.1 million ($5.4 million) worth of cryptocurrency after he was convicted of hacking high-profile Twitter accounts and money laundering in the U.S.

  • November 14, 2025

    Italian Police Seize Assets In €260M VAT Fraud Probe

    Italian financial police seized corporate assets Friday as part of an investigation into a criminal ring suspected of evading €260 million ($302 million) in value-added taxes on fuel, European Union authorities said.

  • November 14, 2025

    Trafigura's $600M Fraud Trial To Test Metals-Trading Practices

    Metals magnate Prateek Gupta will face trial in London on Nov. 17 over allegations that he and his companies perpetrated "systematic fraud" against Trafigura, with the trading company alleging that Gupta cheated it out of $600 million in a nickel fraud scheme.

  • November 14, 2025

    Billionaire Used Spy To Extract Privileged Info From Solicitor

    Mexican billionaire Ricardo Salinas Pliego used a private intelligence agent to dupe a law firm partner into divulging privileged and confidential information about a man Salinas claims defrauded him out of more than $415 million, a London court has found.

  • November 14, 2025

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

    This past week in London has seen Freeths face a professional negligence claim from a Scottish car dealership, Rolls-Royce sue logistics giant Kuehne + Nagel, and a team of Oberon Investments Group investment managers sued by their former employer.  

  • November 14, 2025

    VietJet Avoids Criminal Contempt Claim In Aircraft Dispute

    A subsidiary of an international private investment company cannot pursue a Vietnamese budget airline for contempt of court, after the Court of Appeal held Friday the airline cannot be criminally liable for conduct not prohibited by an injunction protecting the company's aircraft.

  • November 14, 2025

    EU Court Upholds Sanctions On Relative Of Syria's Assad

    A second cousin of former Syrian president Bashar al-Assad has lost a bid to lift sanctions against him as the European Union's top court rejected his argument that the bloc's decision to sanction him on the grounds of his family connection was unfair.

  • November 14, 2025

    EU To Boost Cooperation Among Enforcers To Fight Tax Fraud

    The European Union pledged on Friday to bolster its fight against massive tax fraud that costs approximately €89 billion ($103 billion) across the bloc each year by rolling out a plan to deepen cross-border cooperation.

  • November 14, 2025

    How Mishcon Helped Uncover £5.6B Money Laundering Plot

    Law360 examines here how a suspicious activity report raised by Mishcon de Reya about a client's attempted transactions served as the catalyst for one of the biggest cryptocurrency seizures in British history.

  • November 14, 2025

    Denmark Has Until Dec. 12 To Appeal £1.4B Cum-Ex Defeat

    Denmark has 28 days to try to revive its £1.4 billion ($1.8 billion) case over a tax fraud allegedly orchestrated by convicted hedge fund trader Sanjay Shah, a judge said Friday as he gave full reasons for refusing permission to appeal.

  • November 14, 2025

    BHP Found Liable In £36B Brazil Dam Collapse Case

    BHP can be held liable in a £36 billion ($47 billion) claim for the collapse of a dam in Brazil that triggered the country's worst environmental crisis, a High Court judge ruled Friday, handing a major win to lawyers representing more than 640,000 individuals.

  • November 13, 2025

    Trump To Pardon UK Billionaire Lewis For Insider Trading

    President Donald Trump has agreed to pardon 88-year-old British billionaire Joseph Lewis, who was sentenced to three years of probation for feeding nonpublic stock tips to his girlfriend and private-jet pilots.

  • November 13, 2025

    Carter-Ruck Test Case Could Redefine SRA's Privilege Rights

    The Solicitors Regulation Authority is facing an unprecedented court challenge from Carter-Ruck to its power to force law firms to hand over privileged documents, a case that could embolden clients to refuse consent far more frequently and force legislative reform.

  • November 13, 2025

    Fed Frees SocGen, ICBC From 2018 Enforcement Orders

    The Federal Reserve said Thursday it has lifted a pair of 2018 consent orders against Société Générale SA and Industrial and Commercial Bank of China, ending long-running enforcement actions tied to alleged sanctions violations at the former and alleged anti-money-laundering deficiencies at the latter.

Expert Analysis

  • How CMA Is Responding To UK Gov't Pro-Growth Agenda

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    With the U.K. government’s recent call for the Competition and Markets Authority and other regulators to better support economic growth, the competition policy landscape is shifting materially toward an emphasis on a more proportionate and targeted approach to merger enforcement, say lawyers at Macfarlanes.

  • US Diversity Policies Present Challenges To UK And EU Cos.

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    Following President Donald Trump’s recent executive orders calling for increased scrutiny of diversity, equity and inclusion initiatives, it is clear that global businesses operating in the U.K. and European Union will need to understand regional nuances to successfully navigate differing agendas on either side of the Atlantic, say lawyers at Jenner & Block.

  • Updated EU Procedure Streamlines Data Transfer Approval

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    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

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    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

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    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • Rising To The Task Of Online Safety Act Compliance

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    The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

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    The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.

  • What To Know About FCA's UK Listing Rules Proposal

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    A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

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    With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • New UK Short Selling Rules Diverge From EU Regs

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    Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

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