Corporate Crime & Compliance UK

  • March 14, 2025

    Police Expand Probe To Individuals At Lucy Letby Hospital

    Detectives in the corporate manslaughter investigation into the hospital that employed Lucy Letby are now examining potential manslaughter charges against individuals, as the lawyer for the former nurse convicted of murder over the death of seven babies criticized the probe.

  • March 14, 2025

    Judge Splits $79M Judgment In Danish Tax Fraud Case

    A New York federal judge divided a nearly $79 million judgment against four investors and their pension plans after a jury in February found them liable for participating in a tax fraud scheme against the Danish government.  

  • March 14, 2025

    Entrepreneur Loses Appeal Over £14M Barclays Asset Freeze

    A businessman has lost his bid to overturn a ruling that he breached a £13.7 million ($17.5 million) freezing order in a fraud case, with an appeals court ruling Friday that a judge's findings were not wrong.

  • March 14, 2025

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

    The past week in London has seen J.P. Morgan face action by the founder of Viva Wallet in an ongoing feud over the company's takeover, retailer Next Group contest a claim by the home ware brand owned by private members' club Soho House, and the venue of the Wimbledon Championships sue a local group opposed to its plans to build new tennis courts on protected land in Wimbledon Park.

  • March 14, 2025

    Alleged Putin Ally Faces Landmark Sanctions Evasion Trial

    A former Russian politician and his wife were due to stand trial on Monday in the first prosecution brought in the U.K. for criminal sanctions evasion over allegations that they circumvented the restrictions by opening a bank account and obtaining car insurance.

  • March 14, 2025

    Struck-Off Lawyer Can't Lift Ban After Misleading HMRC

    A former consultant solicitor who misled HM Revenue and Customs to get a refund on stamp duty land tax has failed to have his professional ban lifted as a London court ruled on Friday that the sanction was fair and justified.

  • March 14, 2025

    Ex-Reform UK Wales Chief To Stand Trial In 2026

    The former leader of the right-wing populist Reform Party's Welsh arm is expected to stand trial in June 2026 to face allegations that he took bribes to support Russia in the European Parliament, a judge at a London court said Friday.

  • March 13, 2025

    UN Judge Convicted Of Modern Slavery Offenses In UK

    A United Nations judge was convicted of modern slavery Thursday after a British jury found that she had forced a woman to be her unpaid nanny.

  • March 13, 2025

    Staley Denies Using Daughter As Intermediary With Epstein

    Jes Staley denied using his daughter as an intermediary to communicate with Jeffrey Epstein after he said he cut off the disgraced financier, as he gave evidence to a tribunal Thursday.

  • March 13, 2025

    Trump's EU Threat May Aim To Boost Negotiation Leverage

    President Donald Trump continued his trade tactics Thursday, threatening a 200% tariff on European alcohol imports that is almost certain to be another tool to leverage in future negotiations despite the economic uncertainty it creates.

  • March 13, 2025

    Ex-Manager Says Drax Tried To Hide Sustainability Failings

    A former public affairs manager at British energy company Drax Power Ltd. told a London tribunal on Thursday that bosses sacked her to try to silence her after she blew the whistle over concerns about alleged sustainability failings.

  • March 13, 2025

    Prosecutors Charge NCA Officer Over Stolen Bitcoin

    The U.K. prosecution agency said on Thursday it had charged a National Crime Agency officer with 15 separate criminal offenses related to the theft of 50 bitcoin, worth nearly £60,000 ($77,623) in 2017.

  • March 13, 2025

    Watchdog Launches Probe Into EY Audit Of High-Profile Biz

    The U.K. accounting watchdog said Thursday that it has kicked off an enforcement investigation into audits conducted by Ernst & Young LLP for a high-profile business.

  • March 13, 2025

    Russia's Former Deputy PM Loses Bid To Lift EU Sanctions

    Russia's former deputy prime minister has failed to end European Union sanctions against him after the European Court of Justice upheld on Thursday the conclusion that he actively supports the Russian government as president of its state investment company VEB.RF.

  • March 13, 2025

    FCA Charges 5th Person In £3.9M Water Investment Fraud

    The Financial Conduct Authority said Thursday that it has charged a fifth individual over a suspected £3.9 million ($5 million) water investment scam.

  • March 13, 2025

    Failed Sewage CPO Ruling Still Gives Hope For Novel Cases

    A recent tribunal decision dismissing mass action worth up to £1.5 billion ($1.9 billion) against major water companies for underreporting pollution shows the limits of bringing competition law claims in highly-regulated sectors while offering hope that novel case theories can succeed.

  • March 19, 2025

    Constantine Law's New White Collar Partner Brings SFO Edge

    The newest partner on Constantine Law Ltd.'s regulatory team, veteran white collar crime lawyer John Milner, is looking forward to helping the consultant-led firm expand its corporate crime capabilities.

  • March 12, 2025

    Simpson Thacher Fined £300K For AML Compliance Failures

    Simpson Thacher & Bartlett LLP was fined £300,000 ($389,0000) by the Solicitors Disciplinary Tribunal on Wednesday for failing to implement measures to lower the risk of money laundering.

  • March 12, 2025

    UK Enforcers Double Down On Apple Mobile Browser Worries

    A new report from British competition enforcers claims that Apple and Google's dominance in mobile operating systems and browsers limits competition and innovation in the United Kingdom, while encouraging regulators to consider imposing pro-competition requirements on the tech giants.

  • March 12, 2025

    Regulatory Rollback Gathers Pace As Programs Axed

    The City watchdog has dropped three of its top regulatory initiatives, responding on Wednesday to industry criticism and government pressure to boost competitiveness and economic growth.

  • March 12, 2025

    EU Targets US Goods In Response To Trump's Tariffs

    The European Commission said Wednesday that it will impose tariffs on American goods imported into the European Union in response to U.S. tariffs placed on EU steel and aluminum exports.

  • March 19, 2025

    Pierson Ferdinand Hires Former Magistrate From Walkers

    Pierson Ferdinand LLP has recruited Daniel Hayward-Hughes, a former magistrate and associate with Walkers, as a junior partner in its international disputes practice as the firm continues to grow its London office a year after its launch.

  • March 12, 2025

    HMRC To Reward Whistleblowers Who Expose Tax Fraud

    Insiders who tip off investigators to serious tax avoidance by large companies and rich elites will be paid a cut of any money the U.K. tax enforcer claws back under a new policy proposed by the government.

  • March 12, 2025

    Florist Says Ex-CEO Diverted Cash Amid False Fraud Claim

    A high-end London florist has sued its former CEO for an estimated £4.1 million ($5.3 million) alleging the businessman diverted its revenue before falsely telling customers that the business was insolvent and committing fraud.

  • March 12, 2025

    FCA Drops Plan To 'Name And Shame' Firms It Investigates

    The Financial Conduct Authority said Wednesday that it has scrapped its proposals to publicly identify companies at an early stage in enforcement investigations as the watchdog responds to widespread resistance from the sector.

Expert Analysis

  • Taking Stock Of The Latest Criminal Court Case Statistics

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    The latest quarterly statistics on the type and volume of cases processed through the criminal court illustrate the severity of the case backlog, highlighting the need for urgent and effective investment in the system, say Ernest Aduwa and Jessica Sarwat at Stokoe Partnership.

  • ICO Data Protection Guidance Offers Clarity On Fining Powers

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    New guidance from the Information Commissioners' Office is designed to offer transparency about its fining powers, and, combined with the office's wide-ranging enforcement authority, clearly intends to ensure breaching companies concentrate on the external harm they cause and not only internal changes, say Robert Allen and Amelia Handoll-Clark at Simmons & Simmons.

  • Hugh Grant Case Raises Questions About Part 36 Offers

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    Actor Hugh Grant's recent decision to settle his privacy suit by accepting a so-called Part 36 offer from News Group — to avoid paying a larger sum in legal costs by proceeding to trial — illustrates how this legal mechanism can be used by parties to force settlements, raising questions about its tactical use and fairness, says Colin Campbell at Kain Knight.

  • Investment Security Act Fine-Tune May Help Businesses

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    Although the government’s recent response to feedback on the National Security and Investment Act regime makes it clear that its approach is one of fine-tuning and substantial reforms will have to wait, there is still room to ease the burden on businesses by issuing guidance and refining the terms of mandatory area definitions, say lawyers at Linklaters.

  • How New FCA Rules Strengthen Borrower Protections

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    The Financial Conduct Authority’s recently published final rules, aimed at strengthening protections for borrowers in financial difficulty by regularizing good practices across the industry, put its previous guidance on a permanent footing and send a clear message to firms that this issue remains a regulatory priority, say James Black, Julie Patient and Mark Aengenheister at Hogan Lovells.

  • How Cos. Can Prepare For EU's Forced Labor Regulation

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    Before a new European Union regulation takes effect banning products made with forced labor from the internal market, economic operators will need to get their supply chain compliance functions ready, familiarizing themselves with international standards and case law, say Vassilis Akritidis and Jean-Baptiste Blancardi at Crowell & Moring.

  • Opinion

    New Property Category Not Needed To Regulate Digital Assets

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    The U.K. Law Commission's exploration of whether to create a third category of property for digital assets is derived from a misreading of historical case law, and would not be helpful in resolving any questions surrounding digital assets, says Duncan Sheehan at the University of Leeds.

  • FTSE Draft Rules Show Impact Of FCA Listing Reforms

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    FTSE Russell’s recently published provisional rule changes represent a much-awaited indication of its response to the U.K. Financial Conduct Authority’s proposed listing reforms, providing a level of certainty that will assist issuers and advisers in preparing for the implementation of the regime, say lawyers at Davis Polk.

  • FCA Strikes A Balance With 'Finfluencer' Guidance

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    With financial firms leveraging social media to engage with a broader audience, the Financial Conduct Authority’s recent "finfluencer" guidance signals a recognition of the imperative to adapt regulatory frameworks while maintaining a firm commitment to consumer protection, say David Allinson and Damien O'Malley at RPC.

  • Pharma Remains A Key Focus Of EU Antitrust Enforcement

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    The recently published European Commission report on pharmaceutical sector competition law illustrates that effective enforcement of EU rules remains a matter of high priority for EU and national authorities, say lawyers at Dechert.

  • Dissecting Recent Developments Against The Misuse Of NDAs

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    The U.K. government's recent plans to nullify nondisclosure agreements that prevent victims from reporting crimes should remind lawyers to proactively consider the necessity of such agreements, especially in light of the Solicitors Regulation Authority's warning notice on drafting improper NDAs, say Clare Davis and Macaela Joyes at RPC.

  • What UK Energy Charter Treaty Exit Would Mean For Investors

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    While the U.K.'s recent announcement that it intends to withdraw from the Energy Charter Treaty is a bold political signal, investor protections will remain in place for a significant period of time, ensuring that an element of certainty and business continuity will remain, say Karel Daele and Jessica Thomas at Taylor Wessing.

  • Assessing The FCA Data Study's Response To User Concerns

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    The Financial Conduct Authority’s recently published report on the supply of wholesale financial data differs from others in its exceptional breadth and analysis of an enormous volume of information, but in its reluctance to address market power or pricing directly, the regulator’s approach is still cautious, say Emma Radcliffe and Greg Dowell at Macfarlanes.

  • Uber Payout Offers Employer Lessons On Mitigating Bias

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    Uber Eats' recent payout to a driver over allegations that the company's facial recognition software was discriminatory sheds light on bias in AI, and offers guidance for employers on how to avoid harming employees through the use of such technology, says Rachel Rigg at Fieldfisher.

  • Apple Ruling Offers Morsel Of Certainty On Litigation Funding

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    An English court's recent decision in Gutmann v. Apple, finding that a litigation funder could be paid via a damages award, offers a piece of guidance on the permissibility of such agreement terms amid the ongoing uncertainty around funded group litigation in the U.K., says Mohsin Patel at Factor Risk Management.

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