Corporate Crime & Compliance UK

  • July 29, 2026

    Major Banks Face Fresh Bid For Opt-In FX-Rigging Claim

    A competition law consultant sought Wednesday to revive his proposed foreign exchange-rigging class action against major banks, arguing that material changes since its rejection as an opt-out action warrant a fresh opt-in bid.

  • July 29, 2026

    Meta Fails To Cut Novel Damages From Facebook Data Claim

    Meta lost on Wednesday its appeal seeking to prevent millions of Facebook users from seeking so-called user damages for the use of their personal data as part of a landmark competition claim.

  • July 28, 2026

    Like Milli Vanilli, Goldman FCPA Case Is A Ruse, Jury Told

    The government's foreign bribery case accusing a former Goldman Sachs banker of paying off Ghanaian officials to secure a lucrative energy deal is a lot like Milli Vanilli, his lawyer told a New York jury Tuesday, arguing that much like lipsynced songs of the fake late-1980s-era pop duo, prosecutors' version of events is not what it appears to be.

  • July 28, 2026

    Glencore Fights To Recoup $230M In Prax Oil Fraud Row

    Glencore PLC's U.K. arm asked a London judge Tuesday to let it bring a claim against the collapsed former owner of one of the U.K.'s largest oil refineries, alleging it was defrauded out of $230 million worth of crude oil.

  • July 28, 2026

    CPS Prosecutor Loses Disability Discrimination Claim

    A prosecutor has lost a disability discrimination claim against the Crown Prosecution Service, after a judge ruled the CPS took appropriate steps to address his attention deficit hyperactivity disorder.

  • July 28, 2026

    UK Gov't Bodies Step Up Pay-For-Delay Claim Against Servier

    Several U.K. government bodies have told a London tribunal that Servier should pay damages for allegedly breaching European Union antitrust laws by restricting supplies of a blood pressure drug, causing the bodies to overpay.

  • July 28, 2026

    Ex-Detective Loses Appeal To Revive Whistleblowing Case

    A retired police detective has lost a bid to reopen his constructive dismissal case, as a London appeals court ruled that disclosures he made to the police watchdog about his former force do not qualify for statutory whistleblower protection.

  • July 28, 2026

    Ex-Solicitor Loses Appeal In SFO Tipping-Off Case

    A former solicitor was denied an opportunity on Tuesday to overturn his conviction for tipping off a client about an anti-money laundering investigation by the Serious Fraud Office as an appeals court ruled that there was no procedural unfairness in his trial.

  • July 28, 2026

    CMA Wins Drug Price Appeal But £100M Fines Face Review

    An appeals court upheld on Tuesday findings by a competition tribunal that a group of pharmaceutical companies abused its dominant position to overcharge for a life-saving adrenal drug, but sent approximately £100 million ($133 million) in penalties back for reconsideration.

  • July 28, 2026

    EY Fined £1.2M For Rule Breaches On Made.com Audit

    The Financial Reporting Council fined EY £1.2 million ($1.6 million) and the firm's audit engagement partner Julie Carlyle £49,000 Tuesday for rule breaches in the audit of online furniture retailer Made.com's 2021 accounts.

  • July 28, 2026

    Ex-Banker Says Moldova's President Is Fueling $22B Case

    A Moldovan entrepreneur facing extradition from the U.K. for allegedly masterminding a $22 billion money laundering operation told a London court on Tuesday that the charges are politically motivated, claiming that the country's president sees "a threat in my face."

  • July 27, 2026

    UK Court Cuts Penalties, Upholds Bans Over Pensions Advice

    A U.K. appeals court upheld the Financial Conduct Authority's decision to ban a company director and pensions adviser from the financial services sector but reduced the watchdog's penalty assessment, holding Monday that fines should be proportionate to harm caused.

  • July 27, 2026

    Mexico Billionaire Not Financier's Only Victim, Judge Told

    A Greek financier who allegedly swiped $450 million from Mexican billionaire Ricardo Salinas Pliego in a fraudulent stock-for-cash loan deal has "numerous other victims," a prosecutor told a Manhattan federal judge Monday.

  • July 27, 2026

    Apple Accused Of Trying To 'Stifle' £785M App Antitrust Claim

    Lawyers representing app developers suing Apple in a £785 million ($1 billion) group action accused the tech giant of trying to strangle the action by asking for "an oppressive level of disclosure" in a London antitrust tribunal Monday.

  • July 27, 2026

    Google Settles Price Comparison Site's Search Bias Claim

    Google has settled a price-comparison company's claim that the technology giant abused its dominance in the online search market by steering users away from the rival's website and toward Google's own comparison-shopping service, a London tribunal said Monday.

  • July 27, 2026

    Moldova Fights To Extradite Ex-Banker In $22B Fraud Case

    A Moldovan tycoon wanted for allegedly masterminding a $22 billion money laundering ring was the "leader" of an organized criminal group that corrupted judges to circumvent Russian currency controls, a prosecutor told a London judge Monday.

  • July 27, 2026

    Director Hit With 7.5-Year Ban Over £14M Overdraft Scheme

    A company director has been disqualified for 7.5 years for allowing two of his companies to channel money as part of a £13.9 million ($18.5 million) unauthorized banking transaction scheme, the Insolvency Service said Monday.

  • July 27, 2026

    FCA Wins £655K Order To Repay Fraudster's Victims

    Victims of a convicted investment fraudster are set to recover most of the money they lost after a court ordered him to repay more than £655,000 ($872,000) under proceeds-of-crime legislation, the Financial Conduct Authority said Monday.

  • July 27, 2026

    No Immunity For Bahrain In Spyware Case, Top UK Court Says

    The U.K. Supreme Court ruled Monday that Bahrain cannot invoke state immunity to block personal injury claims by two dissidents who allege the country infected their computers with surveillance software while they were living in London.

  • July 27, 2026

    Gov't Must Explain Right-To-Work Fine, Top UK Court Rules

    The Home Office must explain how it believes that an employer has breached right-to-work rules when it issues a penalty notice, the U.K. Supreme Court ruled Monday.

  • July 24, 2026

    Reckitt To Take £175M Loss From Sale Of Russian Hygiene Biz

    Reckitt said Friday that it will sell its Russian hygiene business to a local consumer goods company at an expected loss of approximately £175 million ($233.2 million), more than four years since the beginning of the Ukraine war.

  • July 24, 2026

    KC Wins Stay Of Contempt Case Over Jury Speech

    A senior barrister Friday won an eleventh hour reprieve from contempt of court proceedings over a closing address to a jury while representing a Palestine Action activist in criminal proceedings, when an appeals court stayed the case while his jurisdictional challenge is underway.

  • July 24, 2026

    UK Insurers Rattled By Sanctions Risk Of Iran Hormuz Tolls

    Insurers covering vessels transiting the Strait of Hormuz could be at risk of breaching international sanctions against Iran if they reimburse shipowners that might be forced to pay transit tolls to Tehran under any settlement reached after the war, legal experts warned.

  • July 24, 2026

    Clarion Denies Fake Claims In £2.9M Bond Building Row

    Clarion Housing Association Ltd. has said it did not make false representations to an insurance company to secure bonds for two development projects in England, arguing that any misunderstanding about who would be carrying out the building works was not its fault.

  • July 24, 2026

    REIT Sued By Smith Square Partners Over £1.6M Tail Fee

    Home REIT PLC said Friday that it will "vigorously defend" a £1.6 million ($2.1 million) claim by former adviser Smith Square Partners LLP for an allegedly unpaid contractual fee tied to the company's property sales process.

Expert Analysis

  • 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.

  • Roundup

    Practice Leader Insights

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    Practice group leaders share thoughts on keeping the pulse on legal trends, tackling difficult cases and what it takes to make a mark in their area in this Expert Analysis series.

  • 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.

  • Key Findings From EU Report On Antitrust Remedies

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    Although the European Commission’s recent report assessing the effectiveness of its antitrust policy on behavioral remedies is not binding, it may influence future cases and promote coherence, providing useful insights for national competition authorities and courts when considering remedies in their own jurisdictions, say lawyers at Paul Weiss.

  • How Foreign Cos. Should Prep For New UK Fraud Law

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    As the U.K. prepares to hold companies criminally liable for failing to prevent fraudulent acts of their associates, U.S. and global companies should review their compliance measures against the broad language of this new offense, which could permit prosecution of acts committed entirely abroad, say attorneys at Latham & Watkins.

  • Opinion

    EU's AI Code Of Practice Creates Risk Of Regulatory Clashes

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    The second draft of the European Commission's Artificial Intelligence Code of Practice significantly expands beyond the European Union's existing legal framework for AI — especially around copyright protection, public transparency and reporting obligations — and risks interfering with other EU laws by introducing requirements contrary to existing regulations, say lawyers at MoFo.

  • Ruling In SFO Case Shows How Contract Rules Apply To DPAs

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    The Court of Appeal’s recent decision upholding the Serious Fraud Office's first-ever attempt to enforce an expired deferred prosecution agreement illustrates that the courts' approach to DPAs is governed by the rules of contract, and that the intention of the parties at the time of agreement is critical to contract interpretation, say lawyers at Simmons & Simmons.

  • What To Know About Compliance As EU AI Act Takes Effect

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    Raj Shah at Mishcon de Reya explains how recently effective provisions of the European Union Artificial Intelligence Act, which concern prohibited AI practices and AI literacy, will affect both providers and users of AI systems, and suggests steps that companies can take now to plug any compliance gaps.

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