Corporate Crime & Compliance UK

  • June 01, 2026

    SRA Appeals Solicitor's Suspended Ban For Bullying Staff

    The Solicitors Regulation Authority said Monday that it has appealed a decision by a tribunal to allow an owner of a law firm to continue to practice, despite findings that he bullied and harassed five young female employees.

  • May 29, 2026

    Barclays Enabled Concierge Sex-Trafficking Ring, Suit Says

    A California woman has filed a proposed class action against Barclays and its former CEO James "Jes" Staley, claiming that the bank and Staley facilitated and enabled a criminal enterprise tied to a luxury concierge company that trafficked, abused and exploited vulnerable young people.

  • May 29, 2026

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

    The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.

  • May 29, 2026

    Company Director Jailed For 8 Years Over Ponzi Forex Fraud

    A company director was imprisoned for just over eight years at an English criminal court Friday for his role in Ponzi-style foreign exchange investment fraud scheme worth almost £9 million ($12.1 million).

  • May 29, 2026

    Richard Desmond Cos. Owe Indemnity Costs In Lottery Loss

    Richard Desmond's Northern & Shell and its lottery bidding vehicle have been ordered to pay the Gambling Commission's legal costs on the indemnity basis after losing their £1.3 billion ($1.75 billion) claim that the regulator unlawfully awarded the prestigious National Lottery license.

  • May 29, 2026

    Barrister Fined £3K For Calling Woman A 'Goat Farmer'

    A barrister was fined £3,000 ($4,033) at a London disciplinary tribunal on Friday after she admitted that she had referred to a Pakistani woman as a "little goat farmer" while acting in Crown Court proceedings.

  • May 29, 2026

    Siemens Fined £600K After Employee Left Paralyzed

    Siemens' wind turbine unit has been fined £600,000 ($805,000) after an incident left a worker paralyzed from the waist down.

  • May 29, 2026

    EPPO Probes €18M COVID Recovery Fund Fraud Scheme

    European law enforcers have conducted a string of raids on several individuals, public bodies and companies in Corsica as they investigate a suspected €18 million ($21 million) fraud in subsidies for COVID-19 pandemic recovery.

  • May 28, 2026

    HMRC Got £6.3B In Small-Biz, Individual Probes, Data Shows

    Britain's tax authority recovered £6.3 billion ($8.4 billion) in extra tax from investigations into small businesses and individuals in 2025, up by around £1 billion in a year, according to data released by an accounting services company.

  • May 28, 2026

    FCA Flags Weak Sanctions Controls At Financial Firms

    The Financial Conduct Authority warned regulated financial businesses Thursday they must do more to prevent financial and trade sanctions breaches after it found some weak systems and controls in a review.

  • May 28, 2026

    MFS Boss Can Sell £1.6M Cars Amid £1.3B Fraud Case

    The owner of a now-collapsed mortgage lender accused of systematically plundering £1.3 billion ($1.75 billion) has been granted permission to sell cars including a Ferrari and several Rolls-Royces, according to a court order.

  • May 28, 2026

    Temu Fined €200M By EU For Weak Illegal Goods Checks

    The European Commission hit online retailer Temu with a €200 million ($232.5 million) fine on Thursday after it failed to prevent the sale of illegal and dangerous products on its platform.

  • May 28, 2026

    KC Accused Of Dodging £2M Tax Bill Believed Plan Was Legal

    A senior tax barrister accused of cheating HM Revenue and Customs out of nearly £2 million ($2.7 million) genuinely believed he was using a legal tax strategy, his defense counsel told jurors at his criminal trial in London on Thursday. 

  • May 28, 2026

    BDO Fined £1.3M Over 'Significant' Breaches In NMCN Audit

    The audit watchdog said Thursday that it has fined BDO LLP £1.33 million ($1.78 million) and an audit partner almost £50,000 for serious breaches of rules in their audit of the 2019 annual financial statements of construction group NMCN.

  • May 27, 2026

    Italy Arrests Suspected Leaders Of €78M VAT Fraud

    Italian authorities arrested the suspected leaders of a criminal organization that defrauded European Union governments of more than €78 million ($90.7 million) in value-added taxes on hygiene and household products, the European Public Prosecutor's Office said Wednesday.

  • May 27, 2026

    Abraaj Units Sued For Commercial Fraud By Former Lender

    Mashreq, a former major lender to the collapsed private equity giant Abraaj Group, has sued three Abraaj entities after a London court upheld the bank's claim to a disputed $37 million debt assigned as security for a 2017 loan extension.

  • May 27, 2026

    FCA Monitoring Product Promotions For Misleading Pitches

    The Financial Conduct Authority warned Wednesday that some companies are failing in their responsibilities by approving adverts that are released by non-FCA regulated businesses.

  • May 27, 2026

    East London Borough Named Top UK Insurance Scam Hotspot

    The Insurance Fraud Bureau said on Wednesday that the east London borough of Barking and Dagenham has the highest level of fraudulent motor insurance claims in England, amid a continued year-on-year rise in scams in the U.K.

  • May 27, 2026

    AML Failures Shouldn't Bar Senior Managers, EU Banks Warn

    The Association for Financial Markets in Europe has warned that rules proposed by the EU's banking watchdog must not lead to national regulators finding senior managers unsuitable because of anti-money laundering failings at the company level.

  • May 27, 2026

    Ex-CPS Prosecutor Struck Off After Child Cruelty Conviction

    A disciplinary tribunal struck off a former Crown Prosecution Service prosecutor on Wednesday after finding his convictions for child cruelty and assault had undermined the public's trust and confidence in the solicitors' profession.

  • May 26, 2026

    Revolut Hits Back At Marketer's Fraud Payments Claim

    Revolut has hit back at a tech marketing company's claim against it over transactions made by someone impersonating the online finance company's fraud team, saying that the company had negligently failed to keep its account secure.

  • May 26, 2026

    EU Backs UK Fraud Pact To Boost Data Sharing, Safeguards

    The Home Office said Tuesday that the European Union has joined a U.K.-led international pact to tackle fraud, promising closer co-operation between governments, banks, telecom companies and technology giants to disrupt online scams.

  • May 26, 2026

    Exchange Body Sets Rules For Cos. To Classify As Green

    A global exchange association set out rules on Tuesday for how stock exchanges should classify listed companies in the transition toward a green economy.

  • May 26, 2026

    UK Hits Russian Crypto Networks With New Sanctions

    The government announced a new round of sanctions on Tuesday, aimed at stopping Russia from using cryptocurrency networks and foreign financial systems to evade financial and trade restrictions imposed as a result of the Ukraine war.

  • May 26, 2026

    EU Prosecutors Indict 3 Over €2.5M Grant Fraud

    European Union prosecutors said Tuesday they have indicted a company and three individuals for subsidy fraud and document forgery over an allegedly bogus request for a €2.5 million ($2.9 million) post-earthquake reconstruction grant.

Expert Analysis

  • What To Expect As UK, US Gov'ts Develop Stablecoin Policies

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    While the U.K. and U.S. governments’ policies both suggest that fiat-backed stablecoins can improve efficiency and safety in payments systems, a perception that crypto-assets remain high risk means consumers are unlikely to use them in significant volume anytime soon, say lawyers at Cadwalader.

  • Decoding Arbitral Disputes: UK Injunctions Across Borders

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    A recent High Court of Justice decision allowing JPMorgan Chase Bank to block VTB Bank from bringing suit in a Russian court provides a seminal reflection on the power of English courts to issue antisuit injunctions when global banking disputes increasingly straddle multiple jurisdictions, says Josep Galvez of 4-5 Gray's Inn.

  • 7 Reforms To Note Under New UK Data Protection Law

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    Although the recently enacted Data Use Act’s changes to U.K. law are subtle, its reforms go beyond data protection, including changes that redefine the scope of scientific research and an update that clarifies what constitutes automated decision-making, says James Castro-Edwards at Arnold & Porter.

  • How Regulators Want Online Platforms To Fight Finance Fraud

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    Recent statements from the International Organization of Securities Commissions and the European Securities and Markets Authority make clear that online platform providers are expected to adopt proactive measures to prevent the promotion of unauthorized financial services and related misconduct, say lawyers at Taylor Wessing.

  • FCA Notes Industry Criticism But Keeps Transparency Focus

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    The Financial Conduct Authority’s recently updated enforcement guide finally gives up the "naming and shaming" public interest test, demonstrating that the regulator has recognized the industry's serious concerns while maintaining less contentious aspects of its proposals to improve transparency in investigations, say lawyers at Irwin Mitchell.

  • Anticipating A Shift In CMA Merger Control Enforcement

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    As the Competition and Markets Authority outlines plans to put the U.K. government's growth objectives into action, the changes may well pave the way for a more permissive outlook for review of mergers and acquisitions in the U.K., say lawyers at A&O Shearman.

  • Court Backing Of FCA Pensions Ruling Sends Key Message

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    The Upper Tribunal’s recent upholding of the Financial Conduct Authority's decisions against CFP Management directors serves as a judicial endorsement of the regulator’s approach to defined benefit transfers, underscoring that where the advisory model is fundamentally flawed, the consequences for those in control can be severe, say lawyers at RPC.

  • What To Note As UK Adopts OECD Crypto Disclosure Rules

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    With the U.K.’s recent announcement that it will adopt the Organization for Economic Cooperation and Development's crypto-asset reporting framework, users and providers will benefit from understanding the context surrounding the decision and the framework's intended goal of clamping down on tax evasion, say lawyers at Brown Rudnick.

  • Why UK Sanctions Review Recommendations Lack Substance

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    The recent U.K. cross-government sanctions enforcement review makes welcome but unambitious recommendations, and without increasing funding for sanctions agencies or developing a whistleblower incentivization scheme, it is unlikely to result in tangible support for the sectors that most need it, say lawyers at WilmerHale.

  • How UK Law Firms Can Counter Money Laundering Threat

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    With figures released in May showing that money laundering was the biggest source of fraud in the U.K. last year, law firms should focus on internal identification and prevention strategies, considering the scale and nature of potential risk exposure depends on several business factors, says Niall Hearty at Rahman Ravelli.

  • Key Takeaways As EU And UK Impose New Russia Sanctions

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    The European Union and U.K.’s new sanctions on Russia, designating increasing numbers of non-Russian companies in the defense and shipping sectors, mean that organizations must examine from the outset whether a transaction has any nexus with the EU or the U.K., say lawyers at Sullivan & Cromwell.

  • 8 Ways Law Firms Can Prepare For SRA's AML Offensive

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    The Solicitors Regulation Authority’s recent plans to intensify anti-money laundering enforcement means firms need to concentrate on strengthening client matter risk assessments, policies and procedures, source of funds checks and firmwide risk assessments, says Harriet Holmes at Thirdfort.

  • How Unfair Practice Rules Boost Consumer Protections

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    With the consumer protection aspects of the Digital Markets, Competition and Consumers Act now in force, companies must not only ensure their business is not engaged in prohibited practices, but also consider how consumers make decisions to acquire goods and services, say lawyers at Linklaters.

  • Fraud Office Guidance Highlights Value Of Self-Reporting

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    New guidance from the U.K.'s Serious Fraud Office on corporate self-reporting, cooperation and deferred prosecution agreements provides a useful framework for companies navigating criminal investigations and their potential resolutions — and underscores that corporations that self-report are in a better position to obtain DPAs than those that do not, say lawyers at Skadden.

  • Answering Key Questions About 2 EU Cybersecurity Laws

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    As companies work to implement two nascent European Union cybersecurity measures, the Digital Operational Resilience Act and the second Network and Information Security Directive, lawyers at MoFo address nine conceptual questions emerging around their interpretation and compliance obligations.

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