Corporate Crime & Compliance UK

  • September 25, 2026

    US Backs Elon Musk In €120M EU Digital Transparency Case

    The U.S. has announced it will join Elon Musk in a bid to overturn a €120 million ($137 million) fine imposed by the European Commission on social media platform X for breaching the bloc's digital transparency rules.

  • September 24, 2026

    FCA Shutters 21 Firms Amid Crackdown On Risky Derivatives

    The Financial Conduct Authority said Friday that its scrutiny of the market for risky derivatives has led to the closure of 21 companies since 2025, amid concerns that consumers are being misled about the trustworthiness of overseas companies.

  • September 24, 2026

    CAT Says £56M Cartel Distribution Plan Maximizes Take-Up

    The Competition Appeal Tribunal has said a plan to distribute a £56 million ($74 million) class action settlement is a "fair, reasonable and practical mechanism" for compensating consumers and businesses affected by a vehicle-shipping price-fixing cartel.

  • September 24, 2026

    Polish Ex-Official Fights Extradition Citing Unfair Trial Risk

    A Polish former government official argued at a London court Thursday that he should not be extradited over corruption allegations because Poland has failed to offer adequate assurances he would face a fair trial.

  • September 24, 2026

    Building Co. Fined For Hiding Evidence In CMA Inspection

    The U.K.'s competition regulator said Thursday that it has fined a construction company and two employees a total of £50,000 ($66,000) for hiding evidence amid an investigation into 12 companies suspected of bid-rigging.

  • September 24, 2026

    Ankle Tag Co. Sued By Ousted CEO For Defamation

    The former chief executive of ankle tag maker Big Technologies has sued the company for defamation amid an ongoing £320 million ($423 million) dispute over allegations she diverted company funds and hid her involvement with shareholders.

  • September 24, 2026

    TikTok Drops Appeals Over £12.7M Children's Privacy Fine

    TikTok has agreed to pay a £12.7 million ($17 million) fine for unlawfully processing children's personal data after a tribunal rejected its challenge to the data privacy regulator's power to impose the penalty, the watchdog said Thursday.

  • September 24, 2026

    Large UK Banks Complete First Live Tokenized Transactions

    A banking trade body said Thursday that U.K. banks have completed the first live customer transactions using tokenized sterling deposits, in a major milestone for payments innovation.

  • September 24, 2026

    UK Tightens Sanctions Licensing Criteria For Iranian Banks

    The U.K. government has said it will refuse license applications from five Iran-based banks operating domestically, amid a wider campaign led by the U.S. to apply economic pressure on Iran as the war rumbles on.

  • September 23, 2026

    Architect Of £1M Binary Options Scam Sentenced To 5½ Years

    The architect of a "boiler-room" investment fraud scheme which took more than £1 million ($1.3 million) from investors was sentenced to more than five years in prison by a London judge Wednesday.

  • September 23, 2026

    EuroChem Loses Injunction As Sanctions Halt €212M Payouts

    An Italian engineering company persuaded a London judge Wednesday to discharge a four-year-old injunction designed to protect €212 million ($242 million) in bond payments sought by a EuroChem subsidiary, after Russia-related sanctions rulings effectively blocked the payouts.

  • September 23, 2026

    Watchdog Revises Auditor External Expert Standards 

    Britain's accounting watchdog has revised two of its standards on using the work of an external expert in the audit process, aligning them Wednesday with changes made by an international standard-setter.

  • September 23, 2026

    Arms Dealers Get 32 Years For Evading UK Export Controls

    Two men convicted of illegally selling arms and military equipment to countries in Africa and the Middle East were sentenced to a combined 32 years in prison on Wednesday, according to HM Revenue and Customs.

  • September 23, 2026

    Broadcast Co. Auditors Pin £225M Loss On Directors' 'Fraud'

    Auditors for Arena Television have denied liability for losses of almost £225 million ($298 million) stemming from a "pervasive fraud" allegedly perpetrated by the collapsed company's directors, saying the fraudulent activity was concealed from them.

  • September 23, 2026

    Tech Entrepreneur In Contempt Over Asset Freeze Breaches

    Tech entrepreneur Oussama Ammar has been found guilty of contempt of court after he repeatedly breached asset freezing orders and lied in sworn statements.

  • September 22, 2026

    FCA Closes In On Money-Mule Accounts Amid Rising Trend

    Financial firms shut down almost 240,000 accounts suspected of laundering money in the U.K. last year, but criminals are still moving illicit funds through multiple bank accounts before cashing out, the City regulator said Wednesday.

  • September 22, 2026

    Top KC Kelsey-Fry Sues Golf Club Bosses Over £5M Payment

    A leading King's Counsel, a former Formula One boss and a billionaire financier are seeking to recover £5 million ($6.7 million) as part of a legal tussle over control of their exclusive golf club, with a trial set to start in early 2028, the High Court was told on Tuesday.

  • September 22, 2026

    Carter-Ruck Ruling Could Hobble SRA's SLAPP Investigations

    The High Court's ruling restricting the Solicitors Regulation Authority's access to legally privileged material could hamper investigations into alleged misconduct connected with client work, particularly strategic lawsuits against public participation, lawyers say.

  • September 22, 2026

    Kuwait Loses Bid To Extradite Former Pension Chief's Widow

    Kuwait can't extradite the widow of its former pension chief from the U.K. to serve a lifetime prison sentence for allegedly stealing $73.8 million, a London judge has ruled, saying prosecutors failed to formally notify her about her criminal trial.

  • September 22, 2026

    Suspect Arrested In Electronics VAT Fraud, EPPO Says

    Dutch authorities have arrested a suspected broker in a large-scale value-added tax fraud ring involving electronics, seizing €3.5 million ($4 million) worth of assets in the process, the European Public Prosecutor's Office said Tuesday.

  • September 22, 2026

    UBS Fined €5M Over Credit Suisse Legacy Tax Evasion

    UBS said Tuesday it has agreed to pay €5 million ($5.7 million) to the Dutch Public Prosecution Service to settle a legacy case involving alleged tax evasion linked to 12 former Credit Suisse clients.

  • September 22, 2026

    FCA Wrongly Applies Time Limit To Redress Complaint

    The Financial Conduct Authority has accepted a recommendation to investigate a complaint over its handling of a redress scheme for customers of a group of lenders, after the Complaints Commissioner found the regulator had wrongly rejected the case as out of time.

  • September 21, 2026

    UK's New AML Plans May Drive Surge In Financial Crime Work

    Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.

  • September 21, 2026

    Glencore Can Bring $236M Fraud Claim Against Prax Refinery

    Glencore won permission Monday to sue the insolvent Prax Lindsey Oil Refinery over more than $236 million of crude oil supplied before it collapsed, after a London judge found the trader had an arguable case to trace some assets.

  • September 21, 2026

    FCA Sues Hunter Jones Over Alleged Unauthorized Activity

    The Financial Conduct Authority said Monday that it had brought a claim against property investment specialist Hunter Jones Group and its director over claims the company is carrying out regulated activity without authorization.

Expert Analysis

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • How EU Prospectus Rule Changes May Boost Market Access

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    The European Union Listing Act’s forthcoming changes to EU prospectus requirements aim to reduce the regulatory burden for issuers of securities, facilitating more efficient transaction execution and reducing market risk, of particular relevance to small and midsize enterprises, say lawyers at Covington.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • Sanctions Spotlight: Compliance Insights After OTSI's 1st Year

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    The Office of Trade Sanctions Implementation's recent report on its first year of operation offers insights into OTSI's interpretation of its mandate as the U.K.'s civil enforcement body for trade sanctions and efforts to operationalize its enforcement powers, giving businesses a compliance road map for areas it will prioritize in 2026, says Alexandra Melia at Steptoe.

  • FTO Designations: Containing Foreign Firms' Legal Risks

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    Non-U.S. companies can contain legal risks related to foreign terrorist organizations by deliberately structuring operations to demonstrate that any interactions with cartel-affected environments are incidental, constrained and unrelated to advancing harm on the U.S., says David Raskin at Nardello & Co.

  • A Look At ESMA's New Governance Framework For EU Boards

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    The European Securities and Markets Authority's recently finalized supervisory expectations for management bodies mark a shift toward improved board oversight across culture, risk, strategy and accountability that firms should view as a benchmark, say lawyers at Ropes & Gray.

  • UK Class Actions Appear Set For Resurgence In 2026

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    In 2026, the U.K. will likely see an uptick in class actions as a result of legal and regulatory developments, including the landmark court decision in BHP Group v. PGMBM Law that boosted confidence in the enforceability of funds-committed litigation funding arrangements, say lawyers at Winston & Strawn.

  • Limited Claims Raise Concerns About Subsidy Act's Efficacy

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    With significantly fewer challenges to date than expected under the Subsidy Control Act, it appears that parties may be unwilling to bring claims or unaware of their rights, calling into question the effectiveness of the regime, says Matthew Hall at McGuireWoods.

  • How To Navigate AI M&A Risks, Compliance In Europe

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    As the artificial intelligence industry continues to witness substantial M&A transactions in Europe, parties should be mindful of the unique challenges posed by the acquisition of intangible AI technologies, monitor the evolving regulatory landscape, and establish optimal mechanisms for risk allocation, say lawyers at Morgan Lewis.

  • What Is In Store For ESG Litigation In UK And EU

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    With 2025 seeing more sophisticated and far-reaching environmental litigation, and regulatory enforcement set to continue, a focus on greenwashing and climate attribution science is likely in 2026, and organizations must remain vigilant and proactive in their approach to sustainability risks and opportunities, say lawyers at Simmons & Simmons.

  • Noting Similarities And Divergences In UK, EU Apple Rulings

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    While recent judgments against Apple by the Competition Appeal Tribunal and European Commission all focus on the Apple ecosystem and point toward closer scrutiny of its App Store rules, their analytical methodologies and potential enforcement routes differ, highlighting differences in approaches to competition law, say lawyers at Perkins Coie.

  • Decoding Arbitral Disputes: EU Law And Treaty Arbitration

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    A recent Singapore court ruling in DNZ v. DOA upholding an arbitration award against Poland constitutes a significant affirmation of the autonomy of international arbitration from regional constitutional orders when disputes are adjudicated outside those orders, says Josep Galvez of 4-5 Gray's Inn.

  • What To Expect From UK Prospectus Regime Changes

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    The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • How Gov't AML Supervision Reform Will Affect Law Firms

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    In confirming that the Financial Conduct Authority will become the single supervisor for professional services, HM Treasury’s planned reform of the U.K.’s anti-money laundering and counter-terrorist financing supervision regime marks a significant change for the legal profession, signaling a greater emphasis on evidence and accountability, says Harriet Holmes at Thirdfort.

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