Corporate Crime & Compliance UK

  • March 31, 2025

    Dentons Hires Competition Pro From Travers Smith

    Dentons has brought on as partner a competition lawyer from Travers Smith LLP against a complex regulatory landscape that has increased demand for specialist advice.

  • March 24, 2025

    UK Gov't Considers DST Changes To Prevent US Tariffs

    The Labour government may be considering changes to the digital services tax as part of talks with the U.S. administration to prevent tariffs being imposed on Britain, Chancellor of the Exchequer Rachel Reeves suggested in a TV interview.

  • March 24, 2025

    Oligarch's Charity Seeks Barclays Docs In $50M Transfer Fight

    A charity set up by a sanctioned Russian oligarch asked a London court on Monday to order Barclays to disclose documents as part of its case that the bank caused it "significant" losses by delaying a $50 million transfer.

  • March 24, 2025

    Mastercard Seeks To Limit Swipe Fee Damages Bill

    Mastercard urged a tribunal on Monday to limit the damages it must pay to intermediaries such as Worldpay over unlawful interchange fees, arguing that the acquirers' proposed damages bill is too broad and covers too long a period of time.

  • March 24, 2025

    Drax Settles Whistleblower Case Amid Toxic Work Claims

    Drax reached a settlement with its former public affairs manager on Monday over allegations that bosses sacked her amid a "toxic" working environment after she blew the whistle on concerns about alleged sustainability failings by the energy company.

  • March 21, 2025

    DOJ Ends Glencore Monitorships Under Bribery Deal Early

    The U.S. Department of Justice has ended early two monitorships imposed as part of mining giant Glencore's 2022 bribery and market manipulation case settlement, in the wake of President Donald Trump's directive pausing enforcement of the Foreign Corrupt Practices Act.

  • March 21, 2025

    Sheridans Denies Negligence In $11M PPE Commission Row

    London law firm Sheridans has denied claims that it gave negligent advice to a personal protective equipment selling agent facing allegations that it unlawfully made $11 million in secret commissions.

  • March 21, 2025

    Informal Money Transfers Launder £2B Annually, HMRC Warns

    Criminals in the U.K. are laundering an estimated £2 billion (£2.6 billion) every year via informal money transfer services, HM Revenue and Customs has warned.

  • March 21, 2025

    Spanish Lottery Co. Accused Of Tax Insurance Market Breach

    Spain's competition authority said Friday it is investigating a lottery company on suspicion of suppressing the marketing of tax insurance coverage for lottery winners.

  • March 21, 2025

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

    This past week in London has seen a sub-postmaster sue the Post Office and Fujitsu, Russian insurer Ingosstrakh hit the Financial Times with a defamation claim, and Britvic-owned Robinsons Soft Drinks file a passing off claim against Aldi. Here, Law360 looks at these and other new claims in the U.K.

  • March 21, 2025

    IT Manager Claims FCA Fired Him For Blowing Whistle On FOI

    A former IT manager told a tribunal on Friday that the financial watchdog fired him unfairly for sending emails to his personal account, saying he did this to blow the whistle on the "unlawful administration" of FOI requests at the regulator.

  • March 21, 2025

    UK Sanctions Update Shows £25B In Frozen Russian Assets

    Britain has frozen more than £25 billion ($32 billion) of Russian assets since the country invaded Ukraine in February 2022, the government said in an update on Friday as it released the latest figures from the Office of Financial Sanctions Implementation.

  • March 21, 2025

    Property Boss' Brother Faces Prison In Fraud Recovery Case

    A London court has ruled that the brother of a property tycoon who funneled £13 million ($16 million) out of his family business will face a year in prison if he continues to withhold information about the family's assets to frustrate attempts to recover the money.

  • March 21, 2025

    Sports Broadcasters Fined £4M Over Freelancer Pay Collusion

    Four of the U.K.'s biggest sports production and broadcasting companies were fined more than £4 million ($5.2 million) for colluding on pay rates for freelance workers, the Competition and Markets Authority said Friday.

  • March 28, 2025

    O'Melveny Rehires Antitrust Partner From Gibson Dunn

    O'Melveny & Myers LLP has rehired Stephane Frank as a partner in its antitrust and competition group after he served a five-year stint at Gibson Dunn LLP, as the firm continues to attract what it describes as "boomerang laterals" back to its practice.

  • March 20, 2025

    Scottish Police Clear Nicola Sturgeon In SNP Finance Probe

    Former Scottish First Minister Nicola Sturgeon has been cleared of any wrongdoing after Scottish police announced Thursday that it was no longer investigating her over the finances of the ruling Scottish National Party.

  • March 20, 2025

    Disclosure Review Calls For AI To 'Fight Fire With Fire'

    Judges, investigators, defendants and lawyers must embrace advanced technology and "fight fire with fire" to ease the pressure digital evidence places on prosecutors to make disclosures in serious economic crime cases, a government-backed review concluded Thursday.

  • March 20, 2025

    Gallagher Hits Back At Former CEO's £1.5M Claim For Losses

    Arthur J. Gallagher & Co.'s benefits and consulting arm denies that it owes a former chief executive of a company it acquired £1.55 million ($2 million) on his claim that it failed to manage the business correctly, as legal wrangling over the acquisition continues.

  • March 20, 2025

    Sidhu Ban Shows Tougher Takes On Sexual Misconduct

    The disbarment of the former head of the Criminal Bar Association is the latest example of professional disciplinary tribunals increasingly handing down the harshest penalties for sexual misconduct, even when the behavior in question does not cross the line into criminal conduct.

  • March 20, 2025

    Prudential's £9.3M Fees To Silverfleet Taxable, HMRC Argues

    Prudential's payments of £9.3 million ($12 million) to an investment firm are taxable even though the fees were for services the firm carried out when the two companies were part of the same group, the tax authority's counsel told the U.K. Supreme Court on Thursday.

  • March 20, 2025

    UK Joins France, Switzerland In New Anti-Corruption Force

    The fraud watchdogs of the U.K., France and Switzerland said Thursday that they have set up a new joint task force to promote collaboration on investigations into international bribery and corruption.

  • March 20, 2025

    MoD Can't Dodge Army Nurse's Whistleblowing Claim

    The U.K. Ministry of Defence can't escape a whistleblowing claim from a nurse stationed at a military base in Cyprus, after a tribunal ruled it had authority to hear her allegation because the territory's own tribunal system offers no protection for whistleblowers.

  • March 20, 2025

    Audit Watchdog Pledges Support For Gov't Growth Priority

    The audit watchdog said Thursday it will adjust priorities to support U.K. economic growth better in its new three-year strategy, in line with government priorities.

  • March 20, 2025

    Gov't Growth Priority Forces FCA To Reassess Consumer Risk

    Moves by the U.K. government to force the financial watchdog to back economic growth with more relaxed regulatory controls could expose consumers to harm, leaving regulators with no clear idea of what risk levels would be politically tolerable.

  • March 20, 2025

    Metal Exchange Fined £9.2M For Failures In 2022 Nickel Spike

    The Financial Conduct Authority said Thursday that it has fined the London Metal Exchange £9.2 million ($11.9 million) for failures in 2022 that "undermined the orderliness" of the market and led to a sudden surge in nickel prices.

Expert Analysis

  • EU WhatsApp Deletion Fine Sends Clear Message

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    The recent European Commission fine of International Flavors & Fragrances — the first for the deletion of social media messages during a dawn raid — although halved as a result of IFF's cooperation, shows the commission's view on obstruction poses a real risk to companies under investigation, says Matthew Hall at McGuireWoods.

  • Key Takeaways From Proposed EU Anticorruption Directive

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    The European Commission's anticorruption proposal, on which the EU Council recently adopted a position, will substantially alter the landscape of corporate compliance and liability across the EU, so companies will need to undertake rigorous revisions of their compliance frameworks to align with the directive's demands, say lawyers at Linklaters.

  • Implications Of EU Network Directive For Data Center Owners

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    With the October implementation deadline of the EU’s new cybersecurity regime under the Network Systems Directive fast approaching, data center owners and operators need to consider compliance steps, and U.K. companies providing services in the EU should take note, say lawyers at Bird & Bird.

  • New EU Guidelines Provide Insights On Global AI Regulation

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    The European Data Protection Supervisor’s first guidelines on artificial intelligence only apply to governmental bodies, but together with the EU AI Act they demonstrate a strong and prescriptive policy, and offer a glimpse into what could be the next phase in world AI regulation, says Kevin Benedicto at Redgrave.

  • Boeing Plea Deal Is A Mixed Bag, Providing Lessons For Cos.

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    The plea deal for conspiracy to defraud regulators that Boeing has tentatively agreed to will, on the one hand, probably help the company avoid further reputational damage, but also demonstrates to companies that deferred prosecution agreements have real teeth, and that noncompliance with DPA terms can be costly, says Edmund Vickers at Red Lion Chambers.

  • Keeping Up With Carbon Capture Policy In The US And EU

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    Recent regulatory moves from the U.S. Environmental Protection Agency and the European Commission in the carbon capture, sequestration and storage space are likely to further encourage the owners and operators of fossil fuel-fired power plants to make decisions on shutdowns or reconfiguration to meet the expanding requirements, say Inosi Nyatta and Silvia Brünjes at Sullivan & Cromwell.

  • How AI Treaty Will Further Global Governance Cooperation

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    The EU’s recently adopted treaty on artificial intelligence represents a significant step toward global cooperation in AI governance in emphasizing human rights obligations, although additional guidance and clarity would be beneficial to minimize varied interpretations at national level, say lawyers at Eversheds Sutherland.

  • EU Investor-State Dispute Transparency Rules: Key Points

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    The European Union's recent vote to embrace greater transparency for investor-state arbitration will make managing newly public information more complex for all parties in a dispute — so it is important for stakeholders to understand the risks and opportunities involved, say Philip Hall, Tara Flores and Charles McKeon at Thorndon Partners.

  • How Regulation Of Tech Providers Is Breaking New Ground

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    The forthcoming EU regulation on digital operational resilience and the U.K. critical third-party regime, by expanding the direct application of financial services regulation to designated technology providers, represent a significant development that is not to be underestimated, say David Berman and Emily Lemaire at Covington.

  • Takeaways From EU's Initial Findings On Apple's App Store

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    A deep dive into the European Commission's recent preliminary findings that Apple's App Store rules are in breach of the Digital Markets Act reveal that enforcement of the EU's Big Tech law might go beyond the literal text of the regulation and more toward the spirit of compliance, say William Dolan and Pratik Agarwal at Rule Garza.

  • Why Trustees Should Take Note Of Charity Code Consultation

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    The Charity Governance Code Steering Group's recently launched governance code consultation is unlikely to result in a radical overhaul, but with the bigger issue being awareness and application by smaller underresourced charities, trustees should engage with the process to help shape the next iteration of this valuable tool, says Chris Priestley at Withers.

  • What EU Net-Zero Act Will Mean For Tech Manufacturers

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    Martin Weitenberg at Eversheds Sutherland discusses the European Council’s recently adopted Net-Zero Industry Act and provides an overview of its main elements relevant for net-zero technology manufacturers, including benchmarks, enhanced permitting procedures and the creation of new institutions.

  • Complying With EU Commission's Joint Purchasing Rules

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    One year after the European Commission released its revised guidelines on horizontal cooperation agreements, attorneys at Crowell & Moring reflect on the various forms such agreements can take, and how parties can avoid structuring arrangements that run afoul of competition law.

  • Tips For Implementing EU Sustainability Reporting Guidance

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    Lawyers at Sullivan & Cromwell discuss the European Financial Reporting Advisory Group’s recently published guidance on double materiality assessments and offer takeaways on achieving a sustainability directive-compliant process that could enhance clarity and consistency among multinational stakeholders.

  • How CMA's AI Strategic Update Addresses Industry Risks

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    The Competition and Markets Authority’s recent artificial intelligence strategic update, setting out the regulator’s understanding of AI risks and how it intends to address them, is indicative of its focus on incumbent technology organizations, although future political developments in the U.K. may also shape the CMA's approach, say Christopher Foo and Carol Slattery at Ropes & Gray.

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