Novel plans to hold online platforms criminally liable for fraudsters who exploit their operations could shake up corporate culture at some of the world's biggest companies — if the policy proposal was not likely to end up in the long grass, lawyers say.
Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.
A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.
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Prosecuting social media giants that fail to prevent fraud on their platforms would "sharpen the blade" in law enforcement's armory, a novel leap in criminal liability needed to fight runaway fraud, the top barrister behind the proposals told Law360.
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Novel plans to hold online platforms criminally liable for fraudsters who exploit their operations could shake up corporate culture at some of the world's biggest companies — if the policy proposal was not likely to end up in the long grass, lawyers say.
Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.
A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.
Prosecuting social media giants that fail to prevent fraud on their platforms would "sharpen the blade" in law enforcement's armory, a novel leap in criminal liability needed to fight runaway fraud, the top barrister behind the proposals told Law360.
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August 20, 2026
The Federal Reserve has terminated a 2017 enforcement action that required Deutsche Bank to pay nearly $137 million over its alleged role in Wall Street's foreign exchange rate-rigging scandals.
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August 20, 2026
HM Revenue & Customs is resuming the issuance of late-filing penalties for corporation tax after pausing the system to incorporate higher rates, the tax authority said Thursday.
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August 20, 2026
A British business director could face a $6 million fraud claim after a London judge ruled Thursday that he must disclose records from his investment business to the family behind an international textile company.
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August 20, 2026
The Financial Conduct Authority warned Thursday about the dangers of investing in high-risk loan notes and mini-bonds following the collapse of litigation funder Woodville Consultants Ltd.
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August 20, 2026
A former manager at a northeast England law firm has been struck off after the firm was shut down by the Solicitors Regulation Authority in 2023, with approximately £451,000 ($615,000) of client money missing because of improper transfers from its client account.
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August 20, 2026
Two investment firm partners are being sued by a client who claims they ran a £55 million ($75 million) fraud at their new business, more than a decade after they were banned from working for regulated financial services companies.
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August 20, 2026
The Gambling Commission said Thursday it has fined the operator of an online gambling site more than £609,000 ($832,000) as part of a settlement after finding failures in its anti-money laundering and social responsibility controls.
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August 19, 2026
Apple has made several changes to its policies for app distribution in Europe, after enforcers found restrictions and fees were blocking competition from App Store alternatives and outside payments methods.
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August 19, 2026
A Scottish businesswoman found liable for a £1.49 million ($2 million) tax penalty over undeclared metal trading has lost her bid to blame an unknown fraudster after an Edinburgh tribunal ruled she didn't prove her company's identity was stolen.
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August 19, 2026
An embattled English council has branded as a baseless "late invention" a business executive's claim that he was entitled to take a £15 million ($20.4 million) fee from the council's solar investments, amid the council suing him for £150 million in failed investments.
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August 19, 2026
Online payment company Quidpay had its legal costs stemming from its funds dispute with a fintech platform trimmed to $400,000 on Wednesday, as a London judge said the award should be cut by a third for making allegations he deemed "unsustainable."
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August 19, 2026
The Financial Conduct Authority said Wednesday it has fined and banned the former chief executive of a wealth management and stockbroking firm that has since entered administration, finding he failed to properly manage the firm and to put customers' interests ahead of its profits.
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August 19, 2026
A prospective buyer of two properties in east London has sued Burges Salmon LLP, alleging that the law firm mishandled information and evidence he provided about potential fraud exposure during the transaction.
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August 19, 2026
The government's research and development agency has sued a former consultant for allegedly downloading tens of thousands of files, including confidential material, on to his personal device.
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August 18, 2026
Manhattan federal prosecutors on Tuesday announced new charges against a group of Iranians accused of running a global, state-backed hacking campaign against private companies, government agencies and universities, in a wide-ranging cybertheft conspiracy that stole at least $3.4 billion in academic data and intellectual property.
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August 18, 2026
Britain's tax authority announced on Tuesday the opening of mandatory registration for tax advisers handling corporate tax matters.
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August 18, 2026
A London judge held Tuesday that two former directors of a financial software business defrauded creditors by transferring intellectual property rights worth £2 million ($2.7 million) amid an impending threat of insolvency.
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August 18, 2026
The U.K.'s financial regulator said Tuesday it has banned a debt management company's executive from working in financial services, saying he lied under oath in an attempt to conceal being a company director and later failed to disclose the resulting 10-year disqualification.
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August 18, 2026
Police arrested four people on Tuesday in a growing investigation into suspected corruption and financial wrongdoing connected to the trade body that represents rank-and-file police officers in England and Wales.
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August 18, 2026
The Financial Conduct Authority said Tuesday it has found "weaknesses" in financial crime controls at some U.K. wealth managers, including gaps in checks on clients' wealth, transactions, political exposure and sanctions.
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August 18, 2026
A former finance lawyer at Ashurst Perkins Coie has been struck off for making a fraudulent insurance claim for a stolen bicycle that was not covered by an existing policy at the time the theft took place.
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August 18, 2026
An investor in Cuban real estate said Tuesday that Guernsey's financial regulator will appoint a court administrator for the company after U.S. sanctions triggered the loss of key banking, service provider and business relationships.
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August 18, 2026
The government said Tuesday it has hit the founder of a property group with a five-year ban from being a company director after investors lost £4.8 million ($6.5 million) through a connected business that distributed "false and misleading" marketing material.
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August 17, 2026
Bank of America, HSBC and other global banks have agreed to pay $86.4 million to resolve investor class claims that they conspired to fix Mexican government bond prices, according to a proposed settlement unveiled on Friday in New York federal court.
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August 17, 2026
A Scottish car dealer can pursue its £18 million ($24.4 million) claim against Renault, Nissan and a car financing company, after a judge held Monday that new whistleblowing evidence on a plot to take down the family-run business means the proceedings are not an abuse of process.