Corporate Crime & Compliance UK

  • February 23, 2026

    Gov't Gives Criminal Courts Extra £247M To Tackle Backlog

    Criminal courts in England and Wales will be handed an extra £247 million ($333 million) to operate at "maximum capacity" in 2027, to help cut backlogs and speed up the justice system, the government said Tuesday.

  • February 23, 2026

    Mandelson Arrested Over Alleged Epstein Leaks

    London's police force confirmed on Monday that it has arrested Peter Mandelson on suspicion of misconduct in public office after an investigation into emails between the former minister and sex offender Jeffrey Epstein.

  • February 23, 2026

    Law 'In A Real Mess' If Mazur Ruling Upheld, CILEX Tells Court

    The professional body for legal executives told a London appeals court on Monday that the "law is in a real mess" if it upholds a surprise ruling that legal executives, trainees and paralegals cannot conduct litigation, even under supervision.

  • February 23, 2026

    BMA Loses Appeal Over 'Medical Pro' Label For Non-Doctors

    A London appeals court has rejected the British Medical Association's latest challenge against regulatory guidance that calls non-doctors "medical professionals," describing the label as "accurate and fair."

  • February 23, 2026

    Broker Jailed For Fraud That Cost Aviation Industry £39M

    A former airplane parts broker was sentenced on Monday to more than four years in prison for forging the certification of parts in a fraud that grounded commercial jets and cost the aviation industry £39 million ($53 million).

  • February 23, 2026

    CMA Names Ex-Amazon Executive As Permanent Chair

    The Competition and Markets Authority named a former Amazon executive on Monday as its preferred candidate to serve a full five-year term as the watchdog's chair.

  • February 20, 2026

    Reality TV Stars Cop To Charges For Illegal Forex Trading Ads

    A London judge on Friday fined seven reality TV stars and social media influencers for promoting an unauthorized trading scheme where they recommended high-risk financial products tied to foreign exchange rates.

  • February 20, 2026

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

    The last week in London saw the founders of Getir sue investment fund Mubadala for more than $700 million tied to alleged breaches during the company's restructuring, the Welsh Rugby Union face a claim by Swansea Council over a proposed takeover of Cardiff Rugby, and Euro Car Parks target the Competition and Markets Authority after it was fined by the watchdog. Here, Law360 looks at these and other new claims in the U.K.

  • February 20, 2026

    Solicitor Suspended For A Year Over Antisemitic Remarks

    A solicitor who made antisemitic and racist comments and inappropriately touched colleagues during work parties was hit on Friday with a one-year suspension by the profession's disciplinary tribunal.

  • February 20, 2026

    JP Morgan Fined €12.2M By ECB For Misreporting Risk

    The European Central Bank has fined J.P. Morgan €12.18 million ($14.35 million) for breaching reporting rules governing capital held against the risk of default, saying the company was guilty of serious negligence and had deficiencies in its internal processes.

  • February 20, 2026

    AI Tools Won't Mask Disclosure Failures, Lawyers Warn

    New intelligence tools will save prosecutors valuable time and money in white-collar criminal cases, but the technology will also usher in an era of increasingly complex and technical fights over disclosure, lawyers say.

  • February 20, 2026

    Ex-Tech CEO Wins $2M For Firing Over China Deal Warnings

    The former chief executive of a semiconductor business has won $2 million as a tribunal ruled that the company unfairly sacked him for blowing the whistle over the risks of increased Chinese involvement in the company.

  • February 20, 2026

    EU Regulator Slaps REGIS-TR With Record €1.4M Fine

    The European Union markets regulator has fined REGIS-TR a record €1.37 million ($1.61 million) for rule breaches that put at risk the confidentiality of trading data essential for surveillance of the market by watchdogs, the highest penalty it has yet imposed on a trade depository.

  • February 20, 2026

    Solicitor Hit With SRA Restrictions After Stalking Conviction

    The Solicitors Regulation Authority has placed restrictions on a lawyer's ability to practice as a solicitor after he was convicted at a London court of stalking a legal blogger.

  • February 19, 2026

    Payment Co. Founder Denied Relief In Whistleblower Case

    A tribunal has refused interim relief to the former owner of a payment services company, finding that his claim he was dismissed for blowing the whistle on breaches of Financial Conduct Authority regulations is not likely to succeed at this stage of the litigation.

  • February 19, 2026

    Fridman Relies On Sanctions Travel Ban To Beat $11M Claim

    Sanctioned Russian-Israeli banker Mikhail Fridman was not validly served at his London mansion with a claim in an $11 million battle over a loan notes investment because he was banned from the U.K., a London appeals court ruled Thursday. 

  • February 19, 2026

    Insurers, Charity Issue Guide For Economic Abuse Survivors

    Insurance providers should carefully review their products and services and equip staff with necessary skills to offer better support to clients who are experiencing economic abuse, the Chartered Insurance Institute has said.

  • February 19, 2026

    Bank Of Ireland Fined £3.7M Over Year-Late Fraud Safeguard

    The Payment Systems Regulator revealed Thursday that it has fined Bank of Ireland UK PLC more than £3.7 million ($5 million) for missing a deadline by 14 months to put in place an account name-checking service to combat the risk of fraud.

  • February 19, 2026

    ICO Wins 'Personal Data' Appeal Over Currys Cyberattack

    A London appeals court ruled Thursday that data stolen in a cyberattack on electronics retailer Currys was personal data because Currys could identify the data subjects even if the hackers could not.

  • February 19, 2026

    EU Watchdog To Update Guidance On Inside Information

    The European Union markets watchdog proposed Thursday to simplify guidelines on delaying disclosure of inside information under the market abuse regime, in order to reduce the burden for companies listing on stock exchanges.

  • February 19, 2026

    Andrew Arrested On Suspicion Of Misconduct In Public Office

    U.K. police arrested Andrew Mountbatten-Windsor on Thursday on suspicion of misconduct in public office, after weeks of intense scrutiny over whether the former prince disclosed sensitive information to Jeffrey Epstein while he was trade envoy.

  • February 18, 2026

    Glencore Says It Paid $1B To HMRC Over Tax Disputes

    Mining giant Glencore told shareholders Wednesday that it paid $1 billion to the U.K.'s tax authority last year over tax disputes but is pushing to recover some of the money.

  • February 18, 2026

    Exec Loses Bid To Keep Name Out Of SFO Bribery Settlement

    Two British judges ruled Wednesday that the Serious Fraud Office could publish the name of a former executive in a corporate criminal settlement even though he was cleared of bribery charges, ruling that the process was subject to the principle of open justice. 

  • February 18, 2026

    Juryless Trials Will Apply To Ongoing Cases, UK Minister Says

    Government plans to limit jury trials will apply retrospectively to cases already in the system to reduce the backlog of criminal cases "straight away," the U.K.'s courts minister said in a letter to the chair of the parliamentary Justice Committee released on Wednesday.

  • February 18, 2026

    Solicitor Can't Escape SRA Case Over Antisemitic Remarks

    A solicitor accused of making antisemitic and racist comments and inappropriately touching colleagues during work parties failed on Wednesday to persuade a tribunal to throw out the case against him.

Expert Analysis

  • Interpreting Newly Released Consumer Fraud Complaints Data

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    The Financial Ombudsman Service’s latest complaint data focuses on scams and customer service, and demonstrates that as fraud is becoming rapidly more complex, financial regulators need to acknowledge that technology is here to stay and work together with firms to protect consumers, say lawyers at RPC.

  • Applying New FCA Guidance On Control Of Financial Firms

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    Buyers seeking to acquire or increase their stakes in U.K. financial services firms can streamline prudential review of their transactions by understanding the Financial Conduct Authority’s recently published guidance on updated change-in-control regulations, says Mark Chalmers at Davis Polk.

  • How Lawyers Can Work On Unmasking Beneficial Ownership

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    The Solicitors Regulation Authority's recent anti-money laundering report suggests that identifying ultimate beneficial owners in a transaction is one of the key day-to-day challenges that law firms face, and the solution lies in combining know-your-business processes with know-your-client verification, says Sam Ruback at Thirdfort.

  • Anticipating The UK's Top M&A Trends In 2025

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    Conversations with market participants are focusing on five key questions about 2025's transactional markets, ranging from issues of artificial intelligence, to the boom in takeovers and increased regulatory scrutiny, says Layla D’Monte at King & Spalding.

  • Takeaways On Freezing Injunctions After Dos Santos Ruling

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    The Court of Appeal's recent decision in dos Santos v. Unitel moved the needle in favor of applicants for freezing injunctions in two ways, say lawyers at Cooke Young.

  • What To Know About New Art Market Reporting Obligations

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    Recent U.K. sanctions reporting obligations on art market participants and high value dealers come into effect in May 2025, and businesses should review risk assessments and compliance controls to identify areas that may require strengthening, say lawyers at Steptoe.

  • Businesses Should Expect A Role In Tackling Fraud Next Year

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    If one word sums up a key trend in financial crime enforcement in 2024, it would be fraud, as enforcement agencies clamped down on consumer-focused crime — and businesses will need to be prepared to play a part in 2025 with the coming of the "failure to prevent fraud" offense, says Jessica Parker at Corker Binning.

  • What FCA's 2024 Changes Suggest For Enforcement In 2025

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    Though the Financial Conduct Authority is likely to enter 2025 hungry for enforcement wins after fielding intense criticism in 2024 over proposed policy amendments, firms can glean ideas for mitigating their risk from heightened scrutiny by studying the regulator's changing behavior from the year just past, says Imogen Makin at WilmerHale.

  • How The Wirecard Judge Addressed Unreliability Of Memory

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    In a case brought by the administrator of Wirecard against Greybull Capital, High Court Judge Sara Cockerill took a multipronged and thoughtful approach to a common problem with fraudulent misrepresentation claims — how to assess the evidence of what was said at a meeting where recollections differ and where contemporaneous documentation is limited, says Andrew Head at Forsters.

  • Practical Considerations For Private Fund Side Letters

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    Side letters are a common way of formalizing negotiated arrangements between a private fund and a particular investor — and as the number and length of side letters per fundraise steadily climb, managers must consider the material legal risks carefully, say lawyers at Dechert.

  • Planning For UK And EU Crypto-Asset Regulations In 2025

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    Fims should expect to devote the rest of 2024 and much of 2025 to fine-tuning their compliance frameworks to align with European Union crypto-asset regulations taking effect soon and U.K. regulators' plans for updating their own crypto-asset regime in the coming year, says Steven Lightstone at Morgan Lewis.

  • What To Know About Plans For A UK Green Taxonomy

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    Rachel Richardson at Macfarlanes discusses the purpose of HM Treasury’s recent consultation on a U.K. green taxonomy, explains why the tool — which would define what economic activities support climate objectives — is necessary, and considers drafting challenges the U.K. government may face.

  • Key Takeaways From EU's Coming Digital Act

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    The European Union's impending Digital Operational Resilience Act will necessitate closer collaboration on resilience, risk management and compliance, and crucial challenges include ensuring IT third-party service providers meet the requirements on or before January 2025, says Susie MacKenzie at Coralytics.

  • Takeaways From EU's Draft AI Code Of Practice

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    The European Union AI Office’s recently published first draft of the General-Purpose AI Code of Practice sheds some welcome light on which Artificial Intelligence Act compliance issues the office finds particularly knotty and, importantly, acknowledges where further guidance will be necessary, say lawyers at Akin.

  • The Rising Tide Of EU Antitrust Enforcement In Pharma

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    The European Commission’s recent record-breaking €463 million fine of Teva for abusing its dominant position confirms that European Union competition law enforcement in the pharmaceutical sector remains a priority, with infringements drawing serious financial exposure, say lawyers at Cooley.

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