Corporate Crime & Compliance UK

  • September 04, 2026

    Tribunal Backs Whistleblower Claims Fintech Misled HMRC

    An employee at a global payments platform who claimed she was fired for blowing the whistle on improper practices, including misleading HM Revenue and Customs, had indeed made a number of protected disclosures, a tribunal ruled Friday.

  • September 04, 2026

    SFO Ends ENRC Scandal Saga But Must Avoid Past Failings

    Although the Serious Fraud Office's settlement with ENRC closes an uncomfortable chapter that the agency insists cannot recur, lawyers say its real test is whether it can stop the weaknesses exposed by the scandal from returning again.

  • September 04, 2026

    Russia Gold Miner Liquidation Rights Transfer Gets Court OK

    A Dubai-based company has won proceeds from the $200 million liquidation of Russian gold miner Petropavlovsk PLC when a London judge ruled Friday this would not breach sanctions legislation.

  • September 04, 2026

    Insurance Scam Gets Man 4.5 Years Over £300K Fake Claims

    A London court has sentenced a man to 4.5 years in prison after he fraudulently claimed more than £300,000 ($405,700) in a string of fake travel medical claims, a division of City of London Police said Friday. 

  • September 04, 2026

    FCA Plans Rule Changes To Ease Consumers' Crypto Access

    The Financial Conduct Authority proposed Friday to defer some rules for its new crypto regime to prevent disruptions to crypto-assets that are already available to retail investors.

  • September 04, 2026

    Barclays Can't Nix £38M Claim Over Ponzi Scheme Red Flags

    Barclays failed Friday to strike out a £37.8 million ($51 million) claim by the liquidators of Denaro (UK) Ltd., which alleges that the bank failed to protect it from payments linked to a Ponzi scheme run by Denaro's directors.

  • September 04, 2026

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

    The past week in London has seen institutional investors file new claims against British American Tobacco and Entain, Jellycat sue multiple British retailers in the patent court, and Shoosmiths LLP targeted in a claim by a property developer.

  • September 04, 2026

    Media Biz Beats Early Bid For Emails In $20M Fraud Dispute

    The founders of production company Pulse Films, now owned by Vice Media, have failed to force former Vice executives to disclose documents about the media giant's financial troubles ahead of a potential $20 million fraud claim.

  • September 04, 2026

    Security Guard Wins Pay After Russian Owner's Assets Frozen

    A tribunal has awarded £27,100 ($36,700) to a security guard at a 16th-century manor in southern England who stopped receiving his wages when the U.K. government froze the assets of the property's Russian owner.

  • September 03, 2026

    FCA To Ban Former Director Over 'Reckless' Pension Advice

    The Financial Conduct Authority said Thursday that it has provisionally fined and banned an adviser from working in financial services for "recklessly" giving unauthorized pension transfer advice to dozens of clients.

  • September 03, 2026

    Entain Hit With Latest Investor Claim Following Bribery Probe

    Betting giant Entain has been hit with another claim by institutional investors after paying £615 million ($833 million) to settle an investigation into its alleged failure to prevent bribery by its operations in Turkey.

  • September 03, 2026

    More Employers Fined In FWA's 1st Minimum Wage Roundup

    The business secretary warned U.K. employers on Thursday that underpaying staff "isn't a shortcut to success" as the new Fair Work Agency fines a growing number of organizations for failing to pay staff the minimum wage.

  • September 03, 2026

    BAT Faces 3rd Investor Claim After N. Korea Sanctions Breach

    A group of investors has sued British American Tobacco, adding to two separate group claims the cigarette company is facing after it failed to disclose information about its North Korean activities, resulting in it paying hundreds of millions of dollars in penalties.

  • September 03, 2026

    Ethical Forestry Directors Get 15 Years Over £70M Fraud

    Three former company directors were imprisoned for a total of more than 15 years on Thursday for fraudulently plundering investors' money from a £70 million ($94 million) tree plantation investment scheme.

  • September 02, 2026

    £70M Forestry Fraud Funded Luxury Lives, Prosecutor Says

    Three former directors defrauded thousands of victims out of £70 million ($94.4 million) through a tree plantation investment scheme to finance their luxurious lifestyles, a prosecutor for the Serious Fraud Office said at a sentencing hearing in London on Wednesday.

  • September 02, 2026

    FCA Flags Frontier AI Issues For Financial Sector

    The Financial Conduct Authority warned Wednesday that frontier artificial intelligence is discovering vulnerabilities faster than regulated companies can respond, exposing risks that need information-sharing and coordinated engagement with suppliers.

  • September 02, 2026

    MFS-Linked Co. Accuses Owner Of Funneling £242M

    Administrators of a financial intermediary linked to the collapsed Market Financial Solutions have sued MFS' former director Paresh Raja for £242 million ($327 million), alleging that he funneled the money to companies he owned and controlled.

  • September 02, 2026

    Kingsley Napley's James Alleyne On FCA's Misconduct Rules

    The Financial Conduct Authority's new rulebook on non-financial misconduct for 37,000 asset managers, insurers and other non-banking companies that took effect on Tuesday has raised new uncertainties and risks.

  • September 02, 2026

    Citibank Gets £4.7M UK Fine For Russia Sanctions Breach

    Britain's sanctions watchdog said Wednesday that it has fined Citibank £4.7 million ($6.35 million) for processing almost 1,000 transactions over a span of three years despite financial restrictions imposed on Russia. 

  • September 02, 2026

    SFO, Dechert Settle ENRC's $290M Claim Over Criminal Probe

    The Serious Fraud Office, Dechert LLP and Eurasian Natural Resources Corp. reached an out-of-court settlement on Wednesday, ending a long-running $290 million claim that accused the agency of mishandling a criminal investigation.

  • September 01, 2026

    Alleged Iran Oil Ring Member Beats US Bail Challenge

    A shipping businessman accused of evading U.S. sanctions to buy vessels for a multibillion-dollar Iranian oil network defeated prosecutors' bid Tuesday to overturn a London judge's decision granting him bail while he fights extradition on fraud charges.

  • September 01, 2026

    Property Biz Director Used Wife's Co. To Hide Payments

    A London judge has found that a purported fraudster funneled an insolvent property development company's funds through a company registered to his wife while apparently subject to a £29.7 million ($40.2 million) criminal court order.

  • September 01, 2026

    FSB Warns G20 Of Frontier AI Threat To Global Finance

    A global stability standards setter has warned major economies that frontier artificial intelligence models pose the most immediate AI-related threat to the financial system.

  • September 01, 2026

    UK To Double OFSI's Maximum Sanctions Evasion Penalties

    The government has announced a series of measures designed to strengthen sanctions enforcement, including a doubling of the maximum penalty available to the Office for Financial Sanctions Implementation for breaches. 

  • September 01, 2026

    Man Gets Prison For ID Theft In 1st Known 'SMS Blaster' Case

    A man has been sentenced to three years and eight months in prison after he was convicted of using sophisticated technology to send fraudulent text messages directly to members of the public, City of London Police said Tuesday.

Expert Analysis

  • New Foreign Bribery Guide Can Help Int'l Cos. Identify Risks

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    In light of growing global coordination on anti-bribery enforcement, the International Foreign Bribery Taskforce’s recent guide to foreign bribery indicators represents a step forward in the standardization of factors for evaluating corruption risks that multinational companies should consider, say lawyers at Paul Weiss.

  • FCA Enforcement Newsletter Reflects Shift Toward Openness

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    The Financial Conduct Authority’s inaugural Enforcement Watch newsletter provides clarity on the cases the regulator is opening and highlights its approach to early communication of enforcement activity, offering a welcome insight into its emerging priorities, says David Hamilton at Howard Kennedy.

  • How UK Gov't Proposes To Streamline CMA Regime

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    The Department for Business and Trade’s planned overhaul of the Competition Market Authority’s regime will introduce a series of targeted procedural changes aimed at improving efficiency and engagement, raising questions around procedural safeguards and jurisdictional thresholds, say lawyers at Baker Botts.

  • Decoding Arbitral Disputes: US Cert Denial And EU Strategy

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    The U.S. Supreme Court recently denied certiorari in Russia v. Hulley Enterprises, leaving in place the D.C. Circuit's opinion supporting jurisdiction in the $50 billion arbitration award challenge, and intensifying litigation exposure for the European Union's strategy of contesting the enforceability of intra-EU awards abroad, says Josep Galvez at 4-5 Gray's Inn.

  • Examining EU Data Watchdog's E-Commerce Account Guide

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    Lawyers at Gibson Dunn take a look at the European Data Protection Board’s recently adopted recommendations regarding the mandatory creation of user accounts on e-commerce websites, and address the regulator's assessment of when they may be justified under the General Data Protection Regulation.

  • EU AI Act Conformity Key For Cos. Despite Enforcement Delay

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    The European Data Protection Board-European Data Protection Supervisor’s recent joint opinion, posted in response to the European Commission’s proposal to delay EU Artificial Intelligence Act implementation, captures some of the core worries raised that postponement may affect fundamental rights protections and further undermine legal certainty, say lawyers at ZwillGen.

  • EU Foreign Subsidies Guide Brings Clarity And Questions

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    The European Commission’s long-awaited EU Foreign Subsidies Regulation guidelines provide helpful clarifications for companies, but with many areas remaining broadly framed, uncertainty may continue to deter investments and increase the compliance burden on organizations, say lawyers at Hogan Lovells.

  • FRC Audit Proposals Reaffirm Support For Economic Growth

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    The Financial Report Council’s recent proposals to prioritize audit enforcement, supervision and market reform will reward audit firms that self-police and proactively admit auditing standard breaches, signaling its aims to change the market landscape and encourage investment, say lawyers at RPC.

  • How FCA's Client Reforms May Boost Investment Access

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    The Financial Conduct Authority’s recent proposals to reform the professional client categorization regime and simplify conflicts of interest rules are likely to be welcomed, although firms will need to navigate the increased responsibility that comes with greater flexibility, say lawyers at Skadden.

  • Irish Consumer Law Proposals Expose Concerns Over Privacy

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    The Irish government’s recent proposals to amend and clarify competition and consumer law would allow new investigative powers and greater financial sanctions, leading to concerns from businesses whether the benefits outweigh the privacy risks, says Kate McKenna at Matheson.

  • Where PCAOB Goes Next After A Year Of Uncertainty

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    The Public Company Accounting Oversight Board will likely bring fewer enforcement matters in 2026, reflecting a notable change in board priorities following the change in administrations, say Robert Cox and Nicole Byrd at Whiteford Taylor and Matthew Rogers at Bridgehaven Consulting.

  • Nigeria Ruling Offers Road Map For Onerous Costs Requests

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    The Court of Appeal's judgment in Nigeria v. VR Global Partners is significant because it tests the extent to which a court may prioritize accessibility and its own resources over a judgment creditor's desire for immediate recourse, says Josep Galvez at 4-5 Gray's Inn Square.

  • 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.

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