The Serious Fraud Office has seen a mixed first half of the year with the collapse of its prosecution of London Mining softened by its first deferred prosecution agreement in several years.
So far in 2026, judges at the High Court have narrowed extensive diesel emissions claims, determined how a landmark class action settlement should be divided and redrawn the boundaries of privilege.
The use of artificial intelligence by wealth managers will amplify weak financial crime controls identified by the Financial Conduct Authority and increase the threat of crime, lawyers warned.
Landmark reforms that hand prosecutors powerful new artificial intelligence tools could ease the disclosure burdens on investigators in economic crime cases but will likely also shift the battlelines with defense lawyers, experts say.
Previous
Next
The Serious Fraud Office has seen a mixed first half of the year with the collapse of its prosecution of London Mining softened by its first deferred prosecution agreement in several years.
So far in 2026, judges at the High Court have narrowed extensive diesel emissions claims, determined how a landmark class action settlement should be divided and redrawn the boundaries of privilege.
The use of artificial intelligence by wealth managers will amplify weak financial crime controls identified by the Financial Conduct Authority and increase the threat of crime, lawyers warned.
Landmark reforms that hand prosecutors powerful new artificial intelligence tools could ease the disclosure burdens on investigators in economic crime cases but will likely also shift the battlelines with defense lawyers, experts say.
-
August 27, 2026
A New York federal judge on Thursday allowed an English national to avoid prison for facilitating a $60 million tax evasion scheme, after he admitted helping wealthy clients move money from a Swiss bank through his Hong Kong financial services business.
-
August 27, 2026
The Bar Council has criticized government plans to exclude advocates' fees for additional Crown Court trial days from an annual legal aid funding increase of up to £34 million ($46.2 million), saying Thursday there is "no justification" for leaving them unchanged.
-
August 27, 2026
A London wealth management company has entered into administration, the Financial Conduct Authority said Thursday.
-
August 27, 2026
Britain's National Crime Agency said Thursday that it has seized more than $5.2 million from an agricultural company in an investigation into suspected money laundering and evasion of sanctions on Iran.
-
August 27, 2026
Financial institutions need to manage a practical legal risk arising from intensified enforcement of China's anti-foreign sanctions law, a trade body for the sector said Thursday.
-
August 26, 2026
Administrators for the car finance litigation funder Woodville are investigating whether the company lied to investors over the protection offered by insurance bonds, they said Wednesday.
-
August 26, 2026
A former government caseworker has been suspended from legal practice after he misused an internal database to access confidential visa records linked to individuals he knew personally while he was working as a trainee solicitor at a law firm.
-
August 26, 2026
The European Public Prosecutor's Office said Wednesday that five people have been arrested in Czechia on suspicion of being part of a €20 million ($23.3 million) value-added tax fraud ring involving Apple AirPod wireless earbuds.
-
August 26, 2026
The average cost of a cyberinsurance claim from the U.K.'s largest businesses doubled to $2.2 million in 2025, according to data from insurer Chubb.
-
August 26, 2026
The finance watchdog said Wednesday that it has banned three former senior figures at wealth manager Dolfin from working in the regulated financial services sector after finding they operated a scheme that helped clients circumvent U.K. visa requirements for investors.
-
August 25, 2026
A former employee of the Financial Conduct Authority who was dismissed for gross misconduct urged a London court Tuesday to allow him to bring a challenge against a specialist tribunal's decision to deny him the chance to sue his former employer for surveilling him.
-
August 25, 2026
The liquidators of a payroll services business persuaded a court on Tuesday to allow them to bring fresh contempt allegations against the company's former director, who allegedly used a forged medical report in order to adjourn an earlier contempt hearing.
-
August 25, 2026
A solicitor struck off for dishonesty and practicing without valid insurance failed Tuesday in his bid to return to the profession, after a tribunal reasoned that he had not demonstrated sufficient rehabilitation or exceptional circumstances warranting his restoration to the roll.
-
August 25, 2026
Aircraft manufacturer Melrose said Tuesday it has launched a compensation program worth up to $100 million in California following a toxic chemical scare that halved a plant's output and forced the evacuation of residents and businesses.
-
August 24, 2026
The Employment Appeal Tribunal has ruled that a hotel staffer fired after 18 days on the job should get another chance at being paid while he pursues his whistleblowing claim, and the court endorsed new guidance setting a "high bar" for success for a growing number of interim relief applications.
-
August 24, 2026
Fraud is a "systemic threat" to financial institutions and must be addressed by governments worldwide to crack international criminal networks, the president of the Financial Action Task Force said Monday.
-
August 24, 2026
Big tech companies must pull their weight to stop fraudsters by adopting a more "proactive" approach toward preventing their platforms from being exploited, the Financial Conduct Authority said Monday.
-
August 24, 2026
Nine Lloyd's insurers are trying to avoid covering the criminal defense costs of two former Petrofac executives ahead of their bribery trial in October, arguing that the executives failed to disclose matters relating to their alleged offenses as part of their directors' and officers' insurance.
-
August 24, 2026
The Serious Fraud Office will track down illicit money stolen by fraudsters "for as long as it takes" after their conviction to help ensure that crime does not pay, the agency's legal chief said Monday.
-
August 21, 2026
A U.K. appeals court backed HM Revenue & Customs' denial of an information technology company's nearly £1.7 million ($2.3 million) value-added tax deduction, holding Friday that the company's consultant should have recognized fraudulent VAT evasion elsewhere in related supply chains.
-
August 21, 2026
A Virgin Islands-based investor has sued a British artificial intelligence medical imaging company for allegedly excluding its appointed observer from board meetings and withholding documents that would allow the investor to monitor its $4 million investment.
-
August 21, 2026
A London judge ordered Prince Harry and other celebrities Friday to pay the publisher of the Daily Mail more than £9.5 million ($12.9 million) toward its costs in their unsuccessful privacy case, though the final figure could be much higher.
-
August 21, 2026
A former waste disposal boss has been banned from being a director for almost a decade, after a court ruled he stripped millions of pounds from his business.
-
August 21, 2026
The former head chef at a Young's country pub has lost his claim that he was constructively dismissed after raising concerns over safety and food hygiene.
-
August 21, 2026
The past week in London has seen former Liberal Democrat MP Mark Oaten sue a fur auction house, private equity and pensions magnate Edmund Truell hit by a commercial fraud claim and Charles Russell Speechlys file a contract claim against two of its previous clients in the Middle East.