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Corporate Crime & Compliance UK
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October 14, 2025
Iraqi Cites Torture Risk In Appeal Over Extradition To Kuwait
An Iraqi national told a London court on Tuesday that he would face torture and inhumane prison conditions if he is extradited to Kuwait over an alleged £243 million ($324 million) fraud.
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October 14, 2025
Ex-Mishcon De Reya Partner Can't Save Whistleblowing Claim
A former partner at Mishcon de Reya LLP has failed to revive his whistleblowing claim, as a London tribunal ruled there was no prospect of overturning its earlier decision that the claim could not be brought under British employment law.
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October 14, 2025
US, UK Freeze Assets Of Alleged Cambodian Cyber-Scammers
The U.K. and the U.S. sanctioned on Tuesday a network of individuals that operates scam centers across southeast Asia by freezing London properties worth more than £112 million ($149 million).
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October 14, 2025
FCA Gets BlueCrest Investors $101M Redress On Conflicts
The Financial Conduct Authority said Tuesday it has secured $101 million in redress for non-U.S. investors in a fund managed by BlueCrest Capital Management (UK) LLP and has given the firm a public censure.
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October 14, 2025
Ford Cars Still Pumping Out Harmful Emissions, Motorists Say
Large numbers of Ford vehicles are still being driven around major U.K. cities, pumping out harmful polluting gases, more than a decade after the Dieselgate scandal emerged, lawyers for motorists suing car manufacturers said at the second day of a trial on Tuesday.
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October 14, 2025
Sharp Rise In 'Nationally Significant' UK Cyberattacks
Britian's cybersecurity agency said Tuesday that it has handled an average of four "nationally significant" cyberattacks every week in the last year, more than double the number in the previous 12 months.
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October 14, 2025
Close Brothers Sets Aside £300M For Car Finance Claims
Close Brothers said Tuesday that it is almost doubling its allocation to address the industry-wide motor finance compensation scheme as the merchant bank joined another lender in criticizing the Financial Conduct Authority's plans for redress.
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October 13, 2025
Energy Data Co. Says Info Supply Cut-Off Was Justified
An energy data supplier owned by a consortium of British power companies has denied unfairly cutting off an energy startup, arguing that it refused to supply data because the startup repeatedly breached its deal by sharing data with third parties.
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October 13, 2025
Hamlins Pro Faces SDT For Contempt Threat Against Reporter
The solicitors' regulator accused a Hamlins LLP partner at a London tribunal on Monday of improperly threatening to bring contempt proceedings against a journalist in a case over alleged corruption.
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October 13, 2025
Car Makers' 'Brexit Island' Defense Panned At Emissions Trial
Carmakers want to live on a "Brexit island," where diesel vehicles in Britain are held to different emissions standards than other countries, lawyers for more than 1.6 million owners of diesel cars said at the start of a trial on Monday.
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October 13, 2025
FSB Warns G20 Of High-Risk Delays In Financial Reform
The chairman of an international standards setter warned policymakers from the Group of 20 economic forum on Monday that countries are failing to finish financial reforms on time, risking global shocks.
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October 13, 2025
Lloyds Sets Aside £800M To Cover Motor Finance Claims
Lloyds Bank said Monday that it has increased its provision for compensating customers tied to the motor finance misselling scandal by an additional £800 million ($1.1 billion), as the lender raised serious concerns about the Financial Conduct Authority's proposed redress program.
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October 10, 2025
Carmakers Gear Up For Once-In-A-Generation Dieselgate Trial
One of the biggest and most complex group claim trials ever seen in the High Court will open Monday as more than a million motorists try to prove that major car manufacturers equipped their vehicles with devices designed to cheat emissions rules.
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October 10, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen Paddington Bear's creators and Studio Canal sue the company behind Spitting Image, Blackpool Football Club's former owner Owen Oyston bring a fresh claim against the club, and Mishcon de Reya sue a Saudi investment group.
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October 10, 2025
Google Trims Price Comparison Site's Competition Claim
Google pared down a price-comparison website company's claim that accused it of abusing its dominant market position at a London tribunal Friday, after the tech giant argued that it has a "cast iron" defense against it.
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October 10, 2025
Think Tank Urges Reeves To Break Tax Pledge In Budget Plan
Chancellor of the Exchequer Rachel Reeves should raise income tax in the coming autumn budget to match spending commitments and reduce the deficit, a think tank said Friday.
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October 10, 2025
Kennedys' Rekha Cooke On The FCA Senior Managers Regime
Rekha Cooke, a partner at Kennedys, talks about the Financial Conduct Authority's reforms of the senior managers regime, telling Law360 that businesses should treat the reforms as a reason to strengthen their internal controls.
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October 10, 2025
Standards Setter FSB Issues Warning On AI Monitoring Gaps
National regulators must improve their monitoring of the adoption of artificial intelligence in the financial sector, a global standards setter urged on Friday, as unchecked exposure to the technology might expose critical vulnerabilities.
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October 10, 2025
Agent Blames Law Firm For Bungled £1.1M Property Sale
An agent has blamed a law firm for a bungled £1.1 million ($1.5 million) real estate deal that ended with the lawyers settling a negligence case, as she denied allegations that she intentionally tried to sell a property she did not have the rights to.
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October 10, 2025
Glazing Firm Boss Avoids Prison For COVID Loan Fraud
A court has handed a 22-month suspended prison sentence to a businessman who fraudulently obtained two loans from the state-backed COVID-19 pandemic-era bounce-back scheme and used the proceeds for gambling and cryptocurrency investments, the Insolvency Service has said.
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October 09, 2025
FCA Outlines Next Steps To Stop Financial Crime At AGM
The Financial Conduct Authority outlined its next steps to prevent financial crime at its annual general meeting on Thursday, including further investment in its data-related technology and demands for higher level anti-fraud measures from tech giants such as Meta.
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October 09, 2025
Clearview AI's £7.5M GDPR Fine Faces Renewed Scrutiny
A London tribunal has decided that a lower court was wrong to find that the U.K.'s data protection regulator lacked the power to fine Clearview AI Inc. £7.5 million ($10 million) over its collection of images of U.K. citizens from social media without their knowledge.
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October 09, 2025
Hip-Hop DJ Tim Westwood Charged With Rape, Sexual Assault
The Crown Prosecution Service said Thursday that it had approved 15 charges of sexual offenses against U.K. hip-hop DJ and broadcaster Tim Westwood spanning over three decades and involving seven women.
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October 09, 2025
Dutch Gov't Summons Fund Suspected Of €200M Tax Evasion
Dutch prosecutors have summoned a foreign pension fund that they suspect evaded €200 million ($231 million) in taxes on dividends through fraudulent refund claims, the government said Thursday.
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October 09, 2025
BAE Suppliers Deny Selling Faulty Parts In £11.5M M&A Row
The former owners of an aerospace component maker that supplied BAE Systems has denied knowingly selling faulty parts as it fights the new owner's claim for an £11.5 million ($15.3 million) refund after an acquisition.
Expert Analysis
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How Ransomware Payment Reforms Could Affect UK Cos.
The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.
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Key Takeaways From The 2025 Spring Antitrust Meeting
Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.
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Rising To The Task Of Online Safety Act Compliance
The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.
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Google Win Illustrates Hurdles To Mass Data Privacy Claims
The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.
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What To Know About FCA's UK Listing Rules Proposal
A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.
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Opinion
UK Gov't Needs To Take Action To Support Whistleblowing Bill
With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.
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Issues To Watch At ABA's Antitrust Spring Meeting
Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.
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New UK Short Selling Rules Diverge From EU Regs
Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.
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How New EU Product Liability Directive Will Affect Tech And AI
While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.
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What Latest FCA Portfolio Letter Means For Payments Firms
Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.
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ECB Guide Targets Harmonized Cyber Testing Approach
The European Central Bank’s recently updated guidance for testing organizational resilience against sophisticated cyberattacks is a significant step forward, highlighting the importance of a unified approach to financial sector cybersecurity and alignment with Digital Operational Resilience Act requirements, say Simon Onyons and Nebu Varghese at FTI Consulting.
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Court Backlog Could Alter Work Safety Enforcement Priorities
While criminal prosecution remains the default course of action following the most serious workplace accidents, a record backlog of cases in the crown courts in England and Wales and safety regulators’ recognition of the need for change may allow for a more discerning approach, say lawyers at BCL Solicitors.
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New CMA Powers Will Change Consumer Protection Regime
The Competition and Markets Authority’s imminent broadened powers to impose penalties on organizations for unethical or misleading practices are likely to transform the U.K.’s consumer protection regime, and may lead to a rise in private litigation and increased regulatory scrutiny, say lawyers at Morgan Lewis.
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Opinion
Prospects For New Fraud Prevention Prosecution Look Slim
With the Labour Party's inherited patchwork of Conservative Party corporate crime legislation for preventing fraud and corruption, the forthcoming Economic Crime Act’s failure to prevent fraud offense is unlikely to be successful in assisting prosecutors bring companies to justice, says Matthew Cowie at Rahman Ravelli.
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What's Next After FCA Drops Troubled 'Name And Shame' Plan
A closer look at the Financial Conduct Authority's recent decision to toss its widely unpopular proposal changing the test for announcing enforcement investigations may reveal how we got here, why the regulator changed course, and where it’s headed next, say lawyers at Hogan Lovells.