Corporate Crime & Compliance UK

  • April 14, 2026

    FCA Bans Motor Finance Ads Misusing Martin Lewis Clips

    The Financial Conduct Authority said Tuesday that it has banned advertisements from a claims management company for using its logo without permission and unauthorized clips of the founder of MoneySavingExpert to make "misleading claims about average motor finance compensation."

  • April 14, 2026

    Fire Alarm Biz Boss Banned Over £327K Tax Dodging

    The owner of two fire alarm companies has been banned from running businesses for six years after dodging more than £327,000 ($444,000) in income tax and value-added tax owed to the U.K.'s tax authority, the Insolvency Service said Tuesday.

  • April 14, 2026

    I Was 'Iron Lady' For Following Rules, Ex-OPEC Head Says

    A former Nigerian oil minister accused of accepting bribes from energy executives testified during her criminal trial on Tuesday that she had tried to root out corruption during her time in government, saying she was dubbed "Madame Due Process."

  • April 14, 2026

    Lawyer To Face Tribunal Over Alleged Antisemitic Posts

    A solicitor accused of posting antisemitic content on social media for almost a decade has been referred to the Solicitors Disciplinary Tribunal for prosecution. 

  • April 14, 2026

    NCA Can Keep £9M Seized From Cambodia Scam Suspect

    The National Crime Agency was granted permission on Tuesday to hold on to millions of pounds in assets that it seized from a lieutenant to a billionaire businessman allegedly behind Cambodia's scam centers.

  • April 14, 2026

    FCA Sets Out Open Finance Push To Widen Consumer Choice

    The Financial Conduct Authority set out on Tuesday a program for developing open finance to give consumers and businesses greater control over their financial data in a move to help them secure better deals.

  • April 13, 2026

    Reform UK Leader Defends Deputy On Claims Of Unpaid Tax

    Reform UK leader Nigel Farage said Monday that he is "satisfied" that his deputy Richard Tice's company paid the "full amount of tax" in response to allegations that Tice's property company failed to pay £120,000 ($161,500) in taxes on dividends.

  • April 13, 2026

    Aviation Expert Faces Trial Over Iran Arms Deal

    Two men worked with corrupt officials to arrange the illegal sale of arms and military equipment to war-torn countries in Africa and the Middle East, a prosecutor told the opening of a London trial Monday.

  • April 13, 2026

    Ex-Oil Minister Says She's A Scapegoat In Bribery Case

    A former Nigerian government minister has denied accepting lavish bribes from oil executives, testifying at her criminal trial on Monday that she has been scapegoated by opposition political forces after a transition in power. 

  • April 13, 2026

    Swedish Bank Scam Suspect Extradited From US

    A man accused of running a plot to defraud victims out of €6 million ($7 million) by posing as a bank employee has been extradited to Sweden from the U.S., the European Union's crime fighting agency has said.

  • April 13, 2026

    Crispin Odey Drops £79M FT Sexual Misconduct Libel Case

    Crispin Odey has dropped his £79 million ($106 million) libel claim against the Financial Times over a series of articles about allegations of sexual misconduct against the hedge-fund founder, the newspaper has said.

  • April 10, 2026

    EU Probing Czech Cos. Over Suspected €113M VAT Evasion

    Authorities in Slovakia have conducted searches connected to an investigation of Czech companies suspected of evading €113.3 million ($133 million) in value-added taxes, the European Public Prosecutor's Office said Friday.

  • April 10, 2026

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

    The past week in London has seen the owner of an oil tanker stuck in the Strait of Hormuz sued by an energy company and an insurer, law firm Boodle Hatfield LLP and two Serle Court barristers sued by a group of Winston Churchill's great-grandchildren, and Welsh Water hit with a fresh class action over polluted rivers.

  • April 10, 2026

    Pilot Demoted For Filming Flight Wins Dismissal Case

    A helicopter pilot has convinced a tribunal that the company forced him to quit after it demoted him over a video he filmed during a flight, relegating him from captain to co-pilot without any guarantee that he would get his job back. 

  • April 10, 2026

    FCA Warns Asset Managers On Conflicts, Consumer Duty

    The Financial Conduct Authority has warned that some applicants for authorization as asset managers are failing to manage conflicts of interest or to demonstrate they adequately apply its Consumer Duty regime.

  • April 10, 2026

    Law Firm Can't Cut Fine Over Client Account AML Failures

    A disciplinary tribunal has upheld a fine of £68,000 ($91,400) for anti-money laundering failures against a law firm that used its client bank account to move $23 million for a Russian customer, concluding that the penalty fell within the range of possible sanctions.

  • April 10, 2026

    NCA-Led Approval Phishing Sting Freezes $12M

    The National Crime Agency has said that more than $12 million was frozen and more than 20,000 victims were identified in a cross-border exercise targeting a form of cryptocurrency and investment fraud.

  • April 09, 2026

    Fed Ends Crédit Agricole, Goldman Enforcement Orders

    The Federal Reserve said Thursday that it has closed out another batch of longstanding enforcement actions against big banks, freeing Crédit Agricole, Goldman Sachs and Taiwan's Mega Bank from orders that date to at least 2018.

  • April 09, 2026

    Crypto CEO Fights Extradition On Human Rights Grounds

    The former chief executive of a crypto-asset company fought against extradition to the U.S. on fraud charges on Thursday, telling a London court that it would violate his human rights as he would be at an increased risk of suicide.

  • April 09, 2026

    PwC Faces Probe Over Audit Of Troubled Investment Firm

    The accounting watchdog said Thursday that it has opened an investigation into PwC's audit of the 2023 consolidated financial statements of investment company Digital 9 Infrastructure.

  • April 09, 2026

    FCA Finds Customer ID Gaps At Banks, Asset Managers

    The Financial Conduct Authority has found in a review that banks, asset managers and other financial institutions are failing to make proper background checks on customers to prevent crime.

  • April 09, 2026

    Ex-Trader Says Deutsche Bank Can't Block £12M Claim

    A former Deutsche Bank trader has hit back at the lender's counterclaim, denying that his conviction for tricking market competitors through a "spoofing" scheme voids his £12 million ($16 million) claim.

  • April 09, 2026

    Adviser Loses Challenge To FCA Ban Over Stalker Disruption

    A financial adviser has lost his challenge to a ban for failing to comply with regulatory requirements for six years, as a tribunal ruled that having to move house because of a stalker and suffering health problems did not excuse him.

  • April 09, 2026

    Ex-Fidelity Pro Can't Get Temp Pay In Whistleblowing Case

    Fidelity Investments does not need to pay or reinstate a member of staff while he waits for a judge to rule on his claims for unfair dismissal and whistleblowing detriment because the case was not sufficiently clear-cut, an employment tribunal has ruled.

  • April 09, 2026

    English Law Firm Fined £11,500 For AML Breaches

    The Solicitors Regulation Authority has fined a law firm £11,500 ($15,000) for breaching its anti-money laundering rules, criticizing it for historical failures dating back as far as 2011.

Expert Analysis

  • A Softer Tack For Online Ads Marks Next Step In Data Reform

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    While the initiative of the U.K. Information Commissioner's Office to relax enforcement of advertising cookie consent represents a welcome attempt to balance privacy protection and commercial realities, several questions remain that will limit companies' ability to benefit from the U.K. proposals, say lawyers at Skadden.

  • CMA App Store Mandates Fall Short Of Regulatory Ambitions

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    The Competition and Markets Authority's recent proposals to loosen Google and Apple’s mobile platform duopoly are a far cry from the assertive and wide-reaching interventions that advocates of the Digital Markets Unit had hoped to see from the new competition regulator, says Ronan Scanlan at Steptoe.

  • Catching Up On Simplified EU Sustainability Disclosure Rules

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    A recent proposal to streamline implementation of the EU’s Taxonomy Regulation contains measures that would reduce companies’ sustainable investment reporting and compliance requirements, and better support the EU’s climate and environmental goals, say lawyers at Proskauer.

  • Cos. Must Take Action As Corporate Enforcement Evolves

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    The Serious Fraud Office's renewed vigor toward proactive corporate enforcement, as evidenced by its recently affirmed commitment to collaboration with the U.S. on cross-border investigations, means that organizations must solidify their antibribery and corruption frameworks to remain ahead of fast-moving regulatory and legislative initiatives, say lawyers at Weil.

  • UK Reforms Investment Rules, But Clarity Concerns Remain

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    The U.K. government’s recent reforms to the National Security and Investment Act 2021 demonstrate a continuing pragmatic approach by requiring fewer deal filings, but the regime would benefit from more clarity in key areas, say lawyers at McDermott.

  • Fraud Law Puts Fund Managers Under Compliance Spotlight

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    The new failure to prevent fraud offense, effective Sept. 1, may not represent a material departure from most managers’ duties to exercise due care in preventing loss to the assets they manage, but the prospect of criminal liability should sharpen their compliance focus, says Andrew Henderson at Goodwin Procter.

  • CMA Pricing Guide Signals Shift In UK Consumer Protection

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    The Competition and Markets Authority’s recent draft price transparency guide, as part of a wider reform introduced by the Digital Markets, Competition and Consumers Act 2024, represents a significant change in U.K. consumer protection by targeting unfair trading practices and strengthening enforcement mechanisms, says Felicity Forward at Shoosmiths.

  • 8 Compliance Team Strategies To Support Business Agility

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    Amid new regulatory requirements across the globe, compliance functions must design thoughtful guardrails that help business leaders achieve their commercial objectives lawfully — from repurposing existing tools to using technology thoughtfully — instead of defaulting to cumbersome protocols that hinder legitimate business, says Theodore Edelman at GCE Advisors.

  • What To Note From FCA, Gov't Financial Growth Proposals

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    Recent Financial Conduct Authority and government proposals for financial services reform are positive developments for firms, signaling a drive to push forward growth and a willingness to be flexible in areas of regulation that the industry has long raised as barriers, say lawyers at Simmons & Simmons.

  • How Accessibility Act Is Reshaping EU Digital Compliance

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    In adding binding requirements to digital spaces, the recently enacted European Accessibility Act aims to harmonize rules and promote digital inclusion across the EU, a departure from earlier frameworks that relied on voluntary standards for businesses, say lawyers at Greenberg Traurig.

  • Opinion

    Managers' Expanded Corp. Liability Proposal Is Too Vague

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    The Crime and Policing Bill 2025, currently under consideration by the House of Lords, implements a dramatic expansion of managers’ corporate liability in ambiguous provisions that may lead only to cumbersome and unintended consequences for companies, says Vanessa Reid at Corker Binning.

  • What Gov't Report Tells Lawyers About Continuing AML Risks

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    The U.K. government’s recent national money laundering risk assessment maintains conveyancing, company service work and misuse of client accounts as key threats, underscoring that law firms should expect renewed scrutiny and higher expectations in these high-risk areas, says Harriet Holmes at Thirdfort.

  • Russia Sanctions Spotlight: Strengthening Enforcement

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    The Office of Financial Sanctions Implementation’s proposed changes to its enforcement process by increasing monetary penalties, and introducing schemes to encourage cooperation, suggest that businesses should expect an expansion of financial sanctions enforcement, says Alexandra Melia at Steptoe.

  • What EU GPAI Compliance Code Will Mean For Developers

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    The European Union recently released a code of practice to guide compliance for general purpose artificial intelligence models, offering early adopters regulatory deference, but posing timing concerns and significant costs burdens that may discourage smaller developers, say lawyers at Perkins Coie.

  • How Top Court Ruling Limits Scope Of Motor Finance Claims

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    The U.K. Supreme Court’s recent ruling in a landmark case concerning car finance commissions clarifies when and how a dealership’s fiduciary duties arise, considerably narrowing that path for mass consumer litigation and highlighting how an upcoming Financial Conduct Authority redress scheme will seek to balance consumer, lender and market interests, say lawyers at Cadwalader.

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