Corporate Crime & Compliance UK

  • January 16, 2026

    Ephgrave's Exit Leaves SFO At A Crossroads

    Nick Ephgrave will leave the Serious Fraud Office better off, faster and more aggressive than he found it, raising challenges for his successor to build on the foundations laid during his relatively short tenure, lawyers have said.

  • January 16, 2026

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

    This past week in London saw the David Lloyd gym chain file an intellectual property claim against its founder, security company Primekings reignite a long-running dispute with the former owners of an acquired business, and a pair of Belizean developers sue a finance executive they say shut them out of a cruise port project.

  • January 16, 2026

    Former Directors Cop To SFO's £70M Ethical Forestry Case

    Two men accused by the Serious Fraud Office of defrauding investors as part of a £70 million ($94 million) tree plantation scheme pleaded guilty to fraud charges at a London court on Friday, two weeks prior to their trial.

  • January 16, 2026

    UK Businesses See AI As Growing Legal Threat, Allianz Warns

    More than half of U.K. businesses fear legal risks and damage to reputation from the rapid adoption of artificial intelligence, insurance giant Allianz has warned.

  • January 16, 2026

    Ex-Finance Exec Hit With 5-Year Ban For Ignoring FRC Probe

    The accounting regulator revealed Friday that a former finance executive has been removed from the profession for five years for failing to cooperate with its investigation into suspected accounting irregularities at a pipeline company which had collapsed.

  • January 16, 2026

    Insurance Brokers Plan Directory To Boost Cyber Protection

    The British Insurance Brokers' Association has said it is working with the government to develop a directory of cyber insurance brokers in an effort to close the so-called protection gap at U.K. businesses.

  • January 16, 2026

    Consultant Hit With Fine For Insider Trading In Oil Shares

    The finance watchdog said Friday that it has fined an oil rig consultant for breaching market abuse rules by using inside information about the discovery of oil and gas to pocket almost £130,000 ($174,000).

  • January 15, 2026

    Jockey's Cos. Say He Can't Cover £765K In Tax Debt

    An Italian jockey is not able to pay back over £765,500 ($1.02 million) in company tax debt to HM Revenue & Customs following his bankruptcy last year amid a private dispute with the U.K. tax authority, according to company documents.

  • January 15, 2026

    NHS Settles Whistleblower Claims In Letby Hospital Case

    A former NHS chief executive won a payout to settle her unfair dismissal case against the health service, after she raised concerns over leadership at the trust where Lucy Letby was accused of murdering seven babies.

  • January 15, 2026

    Daily Mail, Celebs Accuse Each Other Of Pushing New Claims

    Prince Harry and other public figures argued with the publisher of Daily Mail at court on Thursday, accusing each other of springing allegations on the eve of a mammoth trial over the newspaper's alleged use of unlawful information-gathering techniques.

  • January 15, 2026

    SRA Appeals To Revive Carter-Ruck OneCoin Crypto Case

    The Solicitors Regulation Authority said Thursday that it will appeal a tribunal's decision to throw out disciplinary proceedings against a Carter-Ruck partner for threatening a whistleblower exposing the OneCoin cryptocurrency scam.

  • January 15, 2026

    Axiom Ince Says SRA Negligently Failed To Spot £65M Fraud

    Axiom Ince has accused the Solicitors Regulation Authority in a court claim of bungling a probe into the firm and missing a chance to prevent further losses stemming from its former chief executive's alleged misappropriation of £65 million ($87 million) of client money.

  • January 15, 2026

    Car Buyers Secure OK For £54M Shipping Cartel Settlement

    The Competition Appeal Tribunal approved on Thursday a settlement worth £54 million ($71 million) from the last two vehicle shipping companies defending themselves against an opt-out collective action over delivery charges, despite some doubts over compensation take-up rates. 

  • January 15, 2026

    SFO Chief Ephgrave To Step Down Early In Surprise Move

    Nick Ephgrave, the head of Britain's Serious Fraud Office, said Thursday that he is retiring in March, two-and-a-half years before the end of his tenure.

  • January 14, 2026

    Swedbank Says DOJ Has Closed AML Probe Without Action

    Swedbank, one of the biggest banks serving Europe's Baltic region, said Wednesday that the U.S. Department of Justice has released it from a long-running anti-money-laundering-related investigation, removing another U.S. legal cloud hanging over the lender.

  • January 14, 2026

    Labour Party Won't Block Scottish Budget With Mansion Tax

    The Labour Party will not block plans to implement what is commonly known as a mansion tax in Scotland at a threshold lower than the rest of the U.K. and to raise income tax thresholds to cut taxes for low earners, the party's Scottish leader said Wednesday.

  • January 14, 2026

    Nigeria Wants To Pursue Litigation Funders For £50M Costs Bill

    Nigeria argued at an appeals court on Wednesday that it should be able to seek to recover its £50 million ($67.3 million) legal bill from the litigation funders of an oil and gas company that defrauded the West African state in arbitration proceedings.

  • January 14, 2026

    The SFO's Options To Pursue Guralp For Alleged DPA Breach

    Sanctioning and potentially even prosecuting a British company for breaching a plea deal would bolster the U.K.'s flagging criminal settlement regime, although the Serious Fraud Office will have to weigh whether a tough stance is in the interests of justice, lawyers say.

  • January 14, 2026

    Dyson Forced Labor Claims Could Swell Ahead Of 2027 Trial

    Dyson could face around 100 more claims from workers alleging forced labor when they made components at Malaysian factories for the appliance manufacturer, a London court said Wednesday.

  • January 14, 2026

    Alleged UK Hacker Can Be Extradited To US Over Illicit Trades

    A British man accused of hacking into the email accounts of American executives and using sensitive information to make $3.75 million in illicit trades can be extradited to the U.S. to stand trial, a London judge ruled Wednesday.

  • January 14, 2026

    SFO Launches Bribery And Fraud Probe Into Property Investor

    The Serious Fraud Office said Wednesday that it has opened a criminal investigation into the former management of a major housing company over suspicions of fraud and bribery worth an estimated £300 million ($403 million).

  • January 14, 2026

    FRC To Continue Removing 'Unnecessary' Business Burdens

    Britain's accounting watchdog said Wednesday it will continue its efforts to reduce "unnecessary" reporting and regulatory requirements on businesses as part of its broader bid to support growth in the U.K.

  • January 13, 2026

    Minister Defends Plan To Drop Jury Trials In Complex Fraud

    The U.K. government's courts minister on Tuesday defended proposals to drop jury trials for all but the most complex fraud and serious criminal cases, arguing that the current system is not fit for the demands of the 21st century.

  • January 13, 2026

    Companies House To Bolster Fraud And Error Detection

    Companies House will aid fraud detection by actively matching its data against that of government departments and local authorities as part of a focus on tackling vulnerabilities in its internal systems.

  • January 13, 2026

    Carter-Ruck Pro Seeks £914K From SRA Over OneCoin Case

    A Carter-Ruck partner urged a disciplinary tribunal on Tuesday to order the solicitors' regulator to pay her almost £1 million ($1.35 million) in legal costs and tax over its allegation that she had improperly threatened a whistleblower who exposed the OneCoin cryptocurrency scam.

Expert Analysis

  • What UK Security Act Report Indicates For Future Gov't Policy

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    Following the recent publication of the National Security and Investment Act report on the scrutiny of proposed investments, it will be interesting to see how the act’s powers fit into a government policy that plans to cut regulatory obstacles, while maintaining a hard line on national security, say lawyers at Katten Muchin.

  • What UK Takeover Code's Narrowed Focus Will Mean For Cos.

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    In narrowing its scope of application, the U.K. Takeover Panel's forthcoming amended code will have practical implications for U.K.-registered companies and ultimately provide greater market clarity and certainty, say lawyers at Davis Polk.

  • Examining UK And EU Approaches To Sanctions Enforcement

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    In light of the Financial Conduct Authority’s recent £28.9 million fine of Starling Bank for its lax sanctions screening processes, businesses should understand both the U.K.’s and the European Union’s enforcement approaches, the larger sanctions landscape and the importance of cooperation, says Angelika Hellweger at Rahman Ravelli.

  • M&A Takeaways From 1st EU Foreign Subsidies Merger Ruling

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    The European Commission’s recent decision on the merger between e& and PFF Telecom is the first to approve a transaction subject to commitments under the Foreign Subsidies Regulation, serving as a helpful guide by confirming that behavioral measures ring-fencing EU activities from the potential effect of third-country subsidies are acceptable, say lawyers at Cleary.

  • What New Int'l Treaty Means For Global AI Regulation

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    Lawyers at Bird & Bird consider how global artificial intelligence regulation will be affected by the first international AI treaty recently signed by the U.S., EU and U.K., as well as its implications for business and several issues that stakeholders should be aware of.

  • Factors Driving EU Competition Policy For The Next 5 Years

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    Teresa Ribera Rodríguez’s recent nomination as the new European Union commissioner for competition prompts questions about policy and enforcement, with goals to enhance competition in business, implement stronger and faster enforcement, and promote and fund decarbonization likely in her sights during a five-year term, say lawyers at Linklaters.

  • 2 Highlights From Labour's Notable Employment Rights Bill

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    The Labour government’s recently unveiled Employment Rights Bill marks the start of a generational shift in U.K. employment law, and its updates to unfair dismissal rights and restrictions on fire-and-rehire tactics are of particular note, say lawyers at Covington.

  • How Energy Scheme Is Affecting Large Co. Fund Investment

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    The latest phase of the Department of Energy and Climate Change's Energy Savings Opportunity Scheme implicates funds with investments in large companies by establishing significant and complex changes to the reporting cycle for mandatory assessments, say lawyers at Macfarlanes.

  • How Companies House Enforcement Powers Are Growing

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    Companies House's recently increased ability to assess what material is submitted to the U.K. register of companies, and to proportionately enforce where violations have occurred, may require some degree of cultural shift within many companies, say lawyers at Greenberg Traurig.

  • How New Sanctions Office Will Affect UK Trade Landscape

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    The recent launch of the Office of Trade Sanctions Implementation will help to create a more comprehensive civil enforcement terrain, but the potential for multiple investigations means businesses should reassess their systems to ensure they do not inadvertently incur civil liability, says Julia Pearce at Robertson Pugh.

  • FCA Savings Update Focuses On Good Customer Outcomes

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    The Financial Conduct Authority’s recent cash savings update emphasizes its expectations of firms to deliver fair value to consumers by documenting the rationale for actions at each stage, considering customer communications and demonstrating that potential harms are acted upon, say Matt Handfield, Charlotte Rendle and Caroline Hunter-Yeats at Simmons & Simmons.

  • Opinion

    Why The UK Gov't Should Commit To An Anti-SLAPP Law

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    Recent libel cases against journalists demonstrate how the English court system can be potentially misused through strategic lawsuits against public participation, underscoring the need for a robust statutory mechanism for early dismissal of unmeritorious claims, says Nadia Tymkiw at RPC.

  • 5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling

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    The U.K. Supreme Court's recent judgment in UniCredit Bank v. RusChemAlliance, upholding an injunction against a lawsuit that attempted to shift arbitration away from a contractually designated venue, provides helpful guidance on when such injunctions may be available, say attorneys at Fladgate.

  • FCA's Broad Proposals Aim To Protect Customer Funds

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    The Financial Conduct Authority’s proposed changes to payments firms’ safeguarding requirements, with enhanced recordkeeping and fund segregation, seek to bolster existing regulatory provisions, but by introducing a statutory trust concept to cover customers’ assets, represent a set of onerous rules, says Matt Hancock at Greenberg Traurig.

  • Complying With Growing EU Supply Chain Mandates

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    A significant volume of recent European Union legislative developments demonstrate a focus on supply chain transparency, so organizations must remain vigilant about potential human rights and environmental abuses in their supply chain and make a plan to mitigate compliance risks, say lawyers at Weil.

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