Corporate Crime & Compliance UK

  • July 31, 2026

    Goldman Jury Sees Cash Talk In Energy Deal Email Deluge

    Jurors weighing the fate of an ex-Goldman Sachs banker accused of coordinating a plan to bribe a client's way to a lucrative energy deal Friday saw a slew of payoff banter in his emails that prosecutors say show a pipeline of dirty money flowing from Turkey to a wide variety of government officials and agencies in Ghana.

  • July 31, 2026

    Temu Denies Getting Unfair Subsidies, Obstructing EU Probe

    Chinese-owned online retailer Temu is denying allegations from European enforcers that it refused to provide information requested during a foreign subsidies investigation and also denied receiving any unfair subsidies.

  • July 31, 2026

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

    The past week in London has seen George Michael's estate bring an intellectual property claim against the late star's friend over footage shared online, collapsed law firm Axiom Ince sue the U.K. branch of State Bank of India and Ryanair face a group claim from 262 people. Here, Law360 looks at these and other new claims in the U.K.

  • July 31, 2026

    Gupta Loses Bid To Toss $7M Fraud Claim Out Of UK

    A U.K. commodities trader kept its nearly $7 million fraud claim against Indian metals tycoon Prateek Gupta in English courts Friday, after a London appellate court dismissed his arguments the dispute should take place in another jurisdiction.

  • July 31, 2026

    Hull Funeral Director Gets 20 Years Over Burials Fraud, Theft

    A former funeral director was sentenced to 20 years' imprisonment on Friday after admitting 67 offenses spanning more than a decade, including preventing bodies from being lawfully buried, stealing mourners' charity donations and fraudulently handing bereaved families the wrong ashes.

  • July 31, 2026

    EU Watchdog Flags Frontier AI Risk For Insurers, Pensions

    The European Union's insurance watchdog has warned that the potential impact from digitalization and cyber exposures for occupational pension providers and insurers has become bigger, reflecting cutting-edge artificial intelligence.

  • July 31, 2026

    FCA Sets Final Rules To Improve Share Data Transparency

    The Financial Conduct Authority released final rules Friday for a consolidated tape on U.K. shares in a package of reforms that includes changes to market structure and a new temporary market reporting tool.

  • July 31, 2026

    Gov't Launches Police Accountability And Standards Review

    The government has launched an independent review of England and Wales' police accountability systems, tasking two senior figures with recommending reforms to speed up misconduct investigations, improve public confidence and better support police officers.

  • July 31, 2026

    Court Cuts Damages Bill For Fraudulent Insurance Brokers

    Two former insurance bosses who misappropriated client funds in the run-up to a company sale saw the fraud damages awarded against them reduced by the Court of Appeal on Friday. 

  • July 31, 2026

    Woman Accused Of Illegal Forex Promotion To Face 2028 Trial

    A woman charged with illegally promoting foreign exchange deals on social media will stand trial in 2028, the Financial Conduct Authority has said.

  • July 31, 2026

    Man Arrested In £10M NHS PPE Corruption Probe

    Police in London have arrested a man on suspicion of fraud, bribery and money laundering over allegations that a former NHS employee steered a £10.3 million ($13.9 million) personal protective equipment contract to an associate by bypassing procurement rules.

  • July 30, 2026

    Online Payment Biz Wins Back $12M Funds Held In Reserve

    Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.

  • July 30, 2026

    Airbus Pays HMRC £6.4M Over Export Control Breaches

    Aerospace giant Airbus reached an agreement with the U.K. tax authority to pay £6.4 million ($8.6 million) to settle claims that the company breached export control rules, the agency announced Thursday.

  • July 30, 2026

    ICBC Bank Settles Hacking Imposter Claim

    ICBC Standard Bank has settled a hacking claim with a client company that alleged the lender transferred €795,000 ($912,000) from the client's account on the instructions of an imposter impersonating the company's director.

  • July 30, 2026

    Traders' Rate-Rigging Conviction Appeals Set For October

    Six former traders at Barclays and Deutsche Bank convicted of rigging benchmark interest rates will challenge their convictions in October after a 2025 U.K. Supreme Court ruling prompted a review of their cases, the Court of Appeal said Thursday.

  • July 30, 2026

    Safa Wife Bids To Slip Net Tying Her To $2B Tuna Bonds Case

    The widow of shipbuilding magnate Iskandar Safa urged an appeals court Thursday to overturn a ruling allowing Mozambique to add her to its bribery case after the country secured a $1.9 billion damages award, arguing that any claim against her belongs in Lebanon.

  • July 30, 2026

    ICO Raids Companies That Sent Nuisance Car Finance Texts

    The Information Commissioner's Office said Thursday that it has searched multiple properties across the U.K. and seized electronic items after consumers filed millions of complaints about car finance adverts.

  • July 30, 2026

    FCA Censures Securities Co. For Misleading Minibond Ads

    The Financial Conduct Authority said Thursday that it has censured a corporate finance business for approving misleading financial promotions used to sell minibonds, a risky type of investment.

  • July 30, 2026

    KPMG Probed By FRC Over Audit Of John Wood Group

    The accounting regulator said Thursday that it is investigating KPMG and two accountants over an audit of engineering firm John Wood Group PLC, which was fined £13 million ($17.4 million) this year for making misleading financial statements.

  • July 29, 2026

    Shady Power Deal Used In Goldman Compliance Prep, Jury Told

    A Goldman Sachs banker told a New York federal jury how Goldman bailed on backing what prosecutors say was a corrupt deal for a Turkish energy company to bribe Ghanaian officials for a power plant contract, a scenario Goldman uses in compliance training as an example of what to avoid.

  • July 29, 2026

    Fake High-Tech Trader Who Raised $3.7M, Fled, Gets 51 Mos.

    A Manhattan federal judge sentenced an electrical engineer-turned-trader to 51 months in prison Wednesday for stealing from investors who backed a bogus, high-tech profit model he pitched before fleeing to Europe.

  • July 29, 2026

    Duty To Consult On Staff Monitoring Would Increase Disputes

    Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.

  • July 29, 2026

    Daily Mail Wants £10M Up Front For Prince Harry Privacy Case

    The publisher of the Daily Mail demanded Wednesday that Prince Harry and other public figures immediately pay almost £10 million ($13.3 million) toward its legal costs incurred fighting their unsuccessful privacy claims, saying they conducted the litigation unreasonably. 

  • July 29, 2026

    Billionaire Sheikh Can't Duck Service Of €83M Debt Claim

    A Saudi sheikh who owes liquidators €83 million ($95 million) failed on Wednesday to frustrate possession proceedings against his home on Britain's most expensive street, as a London court ruled that the claim forms could be served to his solicitors.

  • July 29, 2026

    Bahrain Spyware Ruling Opens Door To State Hack Claims

    A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.

Expert Analysis

  • US Diversity Policies Present Challenges To UK And EU Cos.

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    Following President Donald Trump’s recent executive orders calling for increased scrutiny of diversity, equity and inclusion initiatives, it is clear that global businesses operating in the U.K. and European Union will need to understand regional nuances to successfully navigate differing agendas on either side of the Atlantic, say lawyers at Jenner & Block.

  • Updated EU Procedure Streamlines Data Transfer Approval

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    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

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    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

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    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

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    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.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

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    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.

  • Rising To The Task Of Online Safety Act Compliance

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    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.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

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    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.

  • What To Know About FCA's UK Listing Rules Proposal

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    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.

  • 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.

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