Corporate Crime & Compliance UK

  • September 09, 2025

    Barrister Says KC Made Claim Of Medical Studies At Oxford

    A barrister told a disciplinary tribunal on Tuesday that a King's Counsel claimed to have studied at the University of Oxford as part of a trial over allegations that the silk dishonestly asserted that he attended the institution and qualified as a doctor.

  • September 09, 2025

    Criminal Defense Solicitor Accused Of Falsifying Time Logs

    A former solicitor at a criminal defense law firm has been referred to a disciplinary tribunal over allegations of false time recording, the Solicitors Regulation Authority has said.

  • September 09, 2025

    FCA Puts Brakes On 400 Misleading Auto Finance Payout Ads

    The Financial Conduct Authority said Tuesday that it has curbed hundreds of promotions by claims management companies that have overstated the compensation available to consumers in the wake of rulings over motor finance fees.

  • September 09, 2025

    SFO Recovers £1.1M From Lawyer's Ex-Wife After 1st UWO

    The Serious Fraud Office said Tuesday that it has secured £1.1 million ($1.5 million) from the former wife of a convicted solicitor after forcing her to sell her lakeside home to compensate defrauded investors. 

  • September 09, 2025

    BHP Settles Class Action Over Brazil Dam Collapse For $72M

    BHP Group Ltd. revealed on Tuesday that it has agreed to pay 110 million Australian dollars ($73 million) to settle a class action brought in Australia on behalf of shareholders in the mining giant before a deadly dam collapse in Brazil in 2015.

  • September 08, 2025

    SFO's Pay Remains Low But Top KCs Come For The Prestige

    The Serious Fraud Office's pay raise for barristers is not the only factor that draws top counsel to prosecute fraud and bribery cases, whose main appeal is their high-profile and career-enhancing mandate, lawyers say

  • September 08, 2025

    FCA Unit Tells Legal, Accountancy Bodies To Improve SARs

    The anti-money laundering unit of the Financial Conduct Authority told legal and accountancy supervisory bodies on Monday that suspicious activity reports they submit could be improved by setting out an action plan.

  • September 08, 2025

    Crédit Agricole Pays €88M Fine To Settle Cum-Cum Probe

    Crédit Agricole SA's investment banking arm agreed on Monday to pay French prosecutors €88 million ($103 million) to settle a criminal probe over allegations that the lender conducted trades designed to flout tax laws.

  • September 08, 2025

    Vanquis Bank Let Sanctioned Client Access Funds, OFSI Says

    The U.K.'s sanctions enforcer said in a published notice Monday that a U.K. bank had breached sanctions regulations by allowing a sanctioned person to access their account funds.

  • September 08, 2025

    UK Appoints New Justice Ministers After Rayner's Resignation

    The U.K. government has appointed more lawyers to new justice roles, including former foreign secretary David Lammy as secretary of state for justice, following a cabinet reshuffle prompted by Angela Rayner's resignation Friday.

  • September 08, 2025

    Gov't Consults On Merging Payments Watchdog With FCA

    The government released detailed plans on Monday for folding the Payment Systems Regulator into the Financial Conduct Authority, a move that would simplify the rules for payment systems and companies.

  • September 08, 2025

    Barrister Faces Tribunal Over False Medical Degree Claims

    A barrister faced a disciplinary tribunal on Monday to hear allegations that he falsely claimed that he had studied at the University of Oxford and was a qualified medical doctor when he applied to join chambers.

  • September 08, 2025

    SEC Sues Briton Over Funds From Microcap Stock Fraud

    The U.S. Securities and Exchange Commission has sued a U.K. citizen for $148,038 to recover money in a case arising from his alleged role in a fraudulent microcap stock scheme, according to filings at a London court.

  • September 08, 2025

    Swedbank Cleared As SEC Ends Disclosure Probe

    Swedbank has said that the U.S. securities authority has closed a six-year investigation into the bank without taking any enforcement action.

  • September 05, 2025

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

    This past week in London has seen professional boxing promoter Boxxer take action against the former head of boxing at Matchroom Sport, Aegis Motor Insurance and Chubb European Group clash over a reinsurance claim, and a transgender pool player sue the English Blackball Pool Federation over its decision to ban her competing in women's teams and tournaments. 

  • September 05, 2025

    Solicitor Referred To Tribunal Over Fraud, Money Laundering

    The Solicitors Regulation Authority has referred a commercial solicitor to a disciplinary tribunal following the lawyer's conviction for money laundering and conspiracy to commit fraud offenses last year.

  • September 05, 2025

    Ex-NASA Scientist Gets 2 Years For £1M Investment Fraud

    A London judge sentenced a former NASA scientist to two years in prison Friday for fleecing more than 100 investors out of nearly £1 million ($1.4 million) as part of an unauthorized trading scheme.

  • September 05, 2025

    Ex-Insurance CEO To Pay £5M For Pocketing Business Loan

    A London court on Friday found the former chief executive of a defunct Liechtenstein insurer liable to pay back £4.96 million ($6.7 million) after pocketing a loan from the company for no legitimate business purpose.

  • September 05, 2025

    NCA Says Man Arrested In Money Laundering Probe

    A man has been arrested over allegations that he is involved in money laundering through an unregistered financial services business, the U.K.'s National Crime Agency said Friday.

  • September 05, 2025

    Top Commercial Dispute Cases To Watch In The Rest Of 2025

    Litigators will be eagerly awaiting the first "dieselgate" trial in what will be the largest ever group action in England and Wales when the courts return after the summer recess, as well as keeping an eye out for the outcome of a £36 billion ($49 billion) claim against BHP. Here, Law360 looks at those and other big cases to watch out for the rest of 2025.

  • September 05, 2025

    Ex-AllSaints Chair Faces Sentence For Contempt

    An arm of private equity firm Lion Capital urged a London judge Friday to sentence the former chairman of clothing brand AllSaints for contempt of court after he continued to claim an interest in shares after his allegations of fraud were rejected.

  • September 05, 2025

    Deputy PM Angela Rayner Quits Amid Stamp Duty Scandal

    Deputy Prime Minister Angela Rayner said Friday that she is resigning following days of speculation over claims she dodged tax on an £800,000 ($1 million) property bought in Brighton, southern England.

  • September 05, 2025

    Fox Williams Adds Civil Fraud Pro As New Fraud Law Kicks In

    Fox Williams LLP has recruited civil fraud and asset recovery specialist Sarah Murray, who joins as a partner from Stevens & Bolton LLP just as the U.K.'s new offense of failure to prevent fraud comes into force. 

  • September 05, 2025

    FCA's New Redress Powers Spark Some Legal Concerns

    Government plans to reform the Financial Ombudsman Service will give the Financial Conduct Authority new powers to introduce wide-ranging consumer redress programs at its discretion, leading lawyers to warn that the regulator could become too susceptible to public pressure.

  • September 04, 2025

    HMRC Adds Barrister To Tax Avoidance List For First Time

    HM Revenue and Customs took the step on Thursday of naming for the first time a practicing barrister with 20 years' experience as a promoter of a scheme to avoid paying income tax and National Insurance contributions.

Expert Analysis

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

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    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.

  • Issues To Watch At ABA's Antitrust Spring Meeting

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    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.

  • New UK Short Selling Rules Diverge From EU Regs

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    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.

  • How New EU Product Liability Directive Will Affect Tech And AI

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    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.

  • What Latest FCA Portfolio Letter Means For Payments Firms

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    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.

  • ECB Guide Targets Harmonized Cyber Testing Approach

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    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.

  • Court Backlog Could Alter Work Safety Enforcement Priorities

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    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.

  • New CMA Powers Will Change Consumer Protection Regime

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    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.

  • Opinion

    Prospects For New Fraud Prevention Prosecution Look Slim

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    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.

  • What's Next After FCA Drops Troubled 'Name And Shame' Plan

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    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.

  • What To Note In EU Tech Transfer Agreements Consultation

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    Robert Klotz at Steptoe explains the European Commission’s main contemplated amendments to a regulation that exempts certain technology transfer agreements from European Union restrictions, the current political context around the ongoing reform, and as its potential consequences for businesses.

  • UK Refusal Of US Extradition Request May Set New Standard

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    The recent U.K. Supreme Court ruling in El-Khouri v. U.S., denying a U.S. extradition request, overturns a long-held precedent and narrows how U.K. courts must decide such requests, potentially signaling a broader reevaluation of U.K. extradition law, say lawyers at Dechert and Kingsley Napley.

  • Insights On ESMA's Alternative Investment Fund Consultation

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    Aaron Mulcahy at Maples Group discusses key points from the European Securities and Markets Authority’s recent consultation on open-ended loan-originating alternative investment funds, highlighting the growth in semi-liquid evergreen funds and explaining ESMA’s proposed standards.

  • How UK Supreme Court May Assess Russia Sanctions Cases

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    In two recent U.K. Supreme Court cases challenging the U.K. Russia sanctions regime, the forthcoming judgments are likely to focus on proportionality and European Convention on Human Rights compatibility, and will undoubtedly influence how future challenges are shaped, says Leigh Crestohl at Zaiwalla.

  • How EU Digital Act Could Shape UK Technology Disputes

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    Noncompliance with the recently effective European Union Digital Operational Resilience Act will add layers of complexity to disputes and litigation for U.K.-based firms servicing EU entities, but international standards may serve as a bridge between jurisdictional and contractual misalignments, says Siobhan Forster at Alvarez & Marsal.

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