Corporate Crime & Compliance UK

  • May 01, 2026

    UK Defense Contractor Pays £15M To Settle Bribery Probe

    British defense contractor Ultra Electronics agreed to pay £14.8 million ($20.2 million) on Friday to settle a bribery investigation by the Serious Fraud Office into suspected corrupt payments involving airport contracts in Algeria and Oman.

  • May 01, 2026

    Johnson Matthey Beats Fraud Claim Over £325M Pharma Deal

    Johnson Matthey defeated on Friday a claim that it acted fraudulently in the £325 million ($444 million) sale of one of its pharmaceutical businesses, despite a finding by a London court that the chemicals business had failed to disclose to the buyer significant details about the transaction.

  • May 01, 2026

    FCA Vows Robust Defense Of Car Finance Redress In Court

    The Financial Conduct Authority said on Friday that it will mount a robust defense of its £7.5 billion ($10.2 billion) motor finance redress scheme against four legal challenges so far from lenders and a consumer group.

  • April 30, 2026

    FRC To Set Tougher Audit Standards On Fraud Risks

    The Financial Reporting Council published its final revision on Thursday to incoming auditing standards for assessing the risk of fraud and a company's ability to keep operating in the foreseeable future, highlighting a demand for greater transparency in audit reporting.

  • April 30, 2026

    Ex-Sub-Postmaster Fights Split Of £4.5M Post Office Trial

    A former sub-postmaster urged a London appellate court Thursday to overturn a decision to split his £4.5 million ($6 million) claim against the Post Office and Fujitsu over a 2007 civil judgment which he alleges was obtained by conspiracy, arguing that it is wrong in principle.

  • April 30, 2026

    FCA Charges Ex-Mortgage Broker For Flouting Ban

    The financial services watchdog hit a former mortgage broker with criminal charges on Thursday over allegations that he was arranging mortgage contracts after being banned.

  • April 30, 2026

    Italy, Netherlands Seize €55M In Solar Subsidy Fraud Probe

    European Union prosecutors said Thursday that Italian and Dutch authorities have seized €55 million ($64 million) in a probe into alleged misappropriation of public funds linked to solar energy projects.

  • April 30, 2026

    Imprisoned Oligarch Denied Appeal Over $14B Asset Seizure

    Imprisoned oligarch Ziyavudin Magomedov can't revive his $14 billion claim that he was the victim of a Russian state-led conspiracy to strip his assets in two major port operators, after an appeals court rejected his latest challenge on Thursday.

  • April 29, 2026

    SFO 'Appropriately' Using External Counsel, Watchdog Finds

    The U.K.'s prosecution watchdog said Thursday that the Serious Fraud Office is using external counsel "appropriately," but that the agency is relying on outside help to fill vacancies and needs to ensure that it is drawing from a diverse pool.

  • April 29, 2026

    Ex-Jusan COO Claims He Blew Whistle On Embezzlement

    A former executive at Jusan Technologies, the British financial services holding company, is accusing the company of withholding money he was owed because of his whistleblowing on embezzlement.

  • April 29, 2026

    More UK Businesses Face Crisis Over Taxes, War, Report Says

    The number of U.K. businesses near collapse increased by almost 37% with rising taxes ahead of the economic fallout of the Iran war, an insolvency firm warned in a report Wednesday.

  • April 29, 2026

    Solicitor Fined Over £237M LC&F Mini-Bond Scheme Conflict

    A senior solicitor has been fined by a tribunal over an "obvious" conflict of interest by serving as both a bondholder trustee and as a legal adviser to a firm behind a collapsed £237 million ($320 million) mini-bond scheme that defrauded investors.

  • April 29, 2026

    UK Broadens Big Companies' Liability For Executive Crimes

    The U.K.'s policing bill passed into law on Wednesday in a major expansion of corporate criminal liability by holding major companies accountable for any crime committed by their senior managers.

  • April 29, 2026

    Sussex Uni Wins Fight Over £585K Fine Tied To Trans Policy

    The University of Sussex won its bid to nix a record fine of more than half a million pounds on Wednesday after a London judge overturned a ruling that found "significant and serious" code breaches within its transgender equality statement.

  • April 29, 2026

    Mercedes, VW Challenge FCA's £7.5B Motor Finance Plan

    Mercedes-Benz and Volkswagen have joined a group of four other entities challenging the lawfulness of the Financial Conduct Authority's £7.5 billion ($10 billion) motor finance redress system.

  • April 29, 2026

    EU Finds Meta Failing To Protect Children On Social Media

    The European Union's enforcement arm said on Wednesday that Meta breached the bloc's digital safety rules by failing to prevent children under 13 from using Facebook and Instagram.

  • April 29, 2026

    Ex-Lawyer For Hong Kong Billionaire Family Revives UK Claim

    A lawyer resurrected her claim she was mistreated by a wealthy Hong Kong family for blowing the whistle on potential tax evasion as the Employment Appeal Tribunal ruled Wednesday that a judge was too quick to dismiss her case as being outside British territorial jurisdiction.

  • April 29, 2026

    FCA Says Cos. Should Share Data To Combat Market Abuse

    The Financial Conduct Authority said Wednesday in its latest Market Watch newsletter that businesses must share customer information with each other on market abuse and other financial crime as far as the law allows.

  • April 29, 2026

    Plane Part Lessor Loses Bid To Blame Thai Seller For Fraud

    An Irish aircraft component lessor failed Wednesday to revive its claim against a Thai plane maintenance company it says caused it to send $824,900 to someone impersonating both companies after an appeals court held the fraud caused the loss.

  • April 28, 2026

    Solicitor Suspended For Misleading Client About Fees

    A solicitor has been suspended for two years and ordered to pay £15,000 ($20,000) after a tribunal found she had fabricated an attendance note certifying that a client had agreed to a change in legal fees.

  • April 28, 2026

    Ex-ENRC Internal Lawyer Says SFO Probe Justified Legal Bills

    A former top in-house lawyer for ENRC told a London court Tuesday that fees paid to law firms during the mining company's response to the Serious Fraud Office's criminal investigation were not excessive, as the company was in an "existential" situation.

  • April 28, 2026

    Europol Says AI, Crypto Are Fueling Elusive Cybercrime

    European authorities warned Tuesday that cybercriminals are becoming more sophisticated and difficult to detect as they leverage artificial intelligence tools, encrypted messaging platforms and the dark web to evade law enforcement. 

  • April 28, 2026

    Italy Fines Chips Producers €23M Over Snack Cartel

    An Italian competition authority said Tuesday that it had handed out fines totaling more than €23 million ($27 million) to three savory food producers over their agreement to divide the supply of snacks produced for large-scale retail trade.

  • April 28, 2026

    Baker Hughes Says Sanctions Bar Ex-Russian Unit's $28M Bid

    Baker Hughes has denied that it owes a former Russian subsidiary more than $28 million for unpaid commercial services, arguing that a Moscow judgment enforcing the payment should be stayed because of sanctions.

  • April 28, 2026

    4 Convicted For Attempted €2.6M Enviro Cling Film Fraud

    European Union prosecutors said Tuesday that four people have been convicted in Lithuania for an attempted €2.6 million ($3 million) subsidy fraud scheme linked to a green technology project.

Expert Analysis

  • What To Expect From UK, EU Crypto Regime Changes In 2026

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    With 2025 marking the first operational year of the European Union’s Markets in Crypto-Assets Regulation and the U.K.’s rules reaching their final legislative form, the two jurisdictions are converging in focus, but structural design differences mean firms active in both markets will require dedicated documentation to ensure compliance, say lawyers at Morgan Lewis.

  • What Cos. Can Expect From CMA Consumer Protection Drive

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    The Competition and Markets Authority’s recently launched consumer protection drive targeting banned online sales practices focuses on supporting compliance rather than on enforcement, although firms should expect this to change once businesses have had time to adapt to the regulator's new regime, say lawyers at Baker Botts.

  • Preparing For UK's New Tax Fraud Whistleblower Program

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    With the U.K. government introducing a U.S.-style whistleblower incentive scheme to tackle high-value tax avoidance and evasion, companies should take proactive steps and establish clear protocols to mitigate the potential increase in tax investigations, say lawyers at Skadden.

  • Key Trends Shaping ESG And Sustainability Law In 2026

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    2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

  • Digital Regulation In EU And UK: The Enduring 2025 Themes

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    With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • Brazil Dam Ruling Highlights Role Of Corporate Accountability

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    The recent High Court judgment in Municipio de Mariana v. BHP concerning the collapse of the Fundao dam establishes a precedent for holding parent companies that exercise significant control and assume responsibility liable for the actions of group entities, notwithstanding their multinational corporate structure, say lawyers at Irwin Mitchell.

  • Freezing Orders Maintain Their Impact 50 Years On

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    Freezing orders, created in Mareva v. International Bulk Carriers 50 years ago, are now a fundamental part of English and Welsh law and a significant weapon in the litigator's armory, considered indispensable by practitioners seeking to obtain enforceable judgments and interlocutory relief on behalf of their clients, say lawyers at Trowers and Hamlins.

  • Decoding Arbitral Disputes: A Paris Ruling Defines Key Limits

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    Though French arbitration law is highly supportive of arbitral autonomy, last week's Paris Court of Appeal judgment annulling a $14.9 billion arbitral award against Malaysia reaffirms that such support is neither unqualified nor blind to defects striking at the very legitimacy of the arbitral process, says Josep Galvez at 4-5 Gray's Inn.

  • EU Businesses Face Uncertainty Amid Sustainability Reforms

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    The European Commission’s sustainability omnibus, due to be approved this month, has brought a year of regulatory upheaval for European businesses, and although the long-awaited scaled-back obligations will provide clarity, a balance between not overburdening reporting companies and the need for data to make sustainable investments must be found, say lawyers at Peters & Peters.

  • SFO Compliance Guide Highlights Early Remediation Is Key

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    The Serious Fraud Office’s first external guidance on evaluating corporate compliance programs serves as an important reminder to organizations to keep their compliance measures under close review from the earliest stages of an internal investigation to mitigate the risk of ongoing and future misconduct, says Tom Grodecki at Cadwalader.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • EU's AI Omnibus Proposal Offers 10 Key Changes For Cos.

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    The European Commission’s recent proposal for an artificial intelligence digital omnibus aims to ease compliance burdens by extending timelines and increasing flexibility, bringing relief for midcaps and small and midsize enterprises, while enhanced cooperation requirements for regulators should reduce administrative duties for businesses, say lawyers at Cooley.

  • Tracking Crypto-Asset Tax Rules In 2025 And Beyond

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    The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.

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