Corporate Crime & Compliance UK

  • September 16, 2026

    Dechert's Richard Hodge On FCA References And Misconduct

    Crispin Odey has made headlines again as a tribunal upheld a ban on the former hedge fund boss. Here, Dechert partner Richard Hodge talks to Law 360 about how the FCA wants to stamp out non-financial misconduct in the sector and how businesses will face pressure to stamp out sexual harassment.

  • September 15, 2026

    Car Leasing Firm Ran £87M Ponzi Scheme, Prosecutors Say

    Two directors of a failed car leasing group duped investors in an £87 million ($117 million) car leasing investment scam that was in fact run as a Ponzi scheme, a prosecutor said at the opening of the trial on Tuesday.

  • September 15, 2026

    Law Firm Regains License For Immigration Services

    A law firm has regained its license to provide immigration advisory services after a tribunal ruled that its poor recordkeeping did not warrant deregistration or prove it acted dishonestly when handling the applications of two asylum seekers. 

  • September 15, 2026

    FCA Bans Former Law Firm Owner Hit With Record £4M Fine

    Britain's financial regulator banned the former owner of a law firm from working in financial services Tuesday after the Solicitors Regulation Authority fined him a record £4 million ($5.4 million) in 2025 for misusing client funds at the now-shuttered firm he ran.

  • September 15, 2026

    Odey Ruling Delivers Boost To FCA's Enforcement Agenda

    Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.

  • September 15, 2026

    Santander Escapes £677M Bill In AXA's PPI Indemnity Case

    Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.

  • September 15, 2026

    Frozen Interest Can't Be Moved As UK Updates Sanctions

    A sanctioned person cannot move interest earned on a frozen bank account to a separate account, the government has clarified as it tightened the interpretation of rules governing restricted assets.

  • September 14, 2026

    UK To Recruit 500 Officers In £500M Financial Crime Crackdown

    The U.K. government will recruit 500 new officers to target money laundering and organized crime as part of a £500 million ($674 million) crackdown on criminal finances, the Home Office said Monday.

  • September 14, 2026

    Hospital Porters Punished For Mortuary Reports Win £30K

    An employment tribunal has ordered a National Health Service trust to pay two hospital porters £29,560 ($39,866), after finding that a manager interrogated them for blowing the whistle on mortuary policies that made them feel unsafe.

  • September 14, 2026

    Sony, Universal Join Push Against Music Streaming Fraud

    Sony and Universal joined numerous other music companies on Monday in forming a new group aimed at ousting fraudsters who artificially inflate streaming numbers to generate royalty payments.

  • September 14, 2026

    Visa, Mastercard Face Fresh Antitrust Swipe Fee Claims

    Visa and Mastercard are facing a new competition claim from a water company and two hotel companies over interchange fees the companies say inflated the cost of accepting commercial payment cards, the latest in a series of U.K. swipe-fees disputes against the payments giants.

  • September 14, 2026

    I Am No 'Rogue,' Architect Of £4M Water Scam Tells Investors

    The architect of a scam involving water-bottling projects that defrauded investors out of £4 million ($5.4 million) told his victims he wasn't like "unscrupulous rogues" who run off with people's money, a prosecutor told the trial Monday.

  • September 14, 2026

    Law Firm Sued For £1.2M Over Alleged Property Fraud

    Property developers are suing a law firm for allegedly acting for scammers who posed as the owners of a house worth about £1.2 million ($1.6 million) and sold it.

  • September 14, 2026

    Crispin Odey Loses Appeal Against Financial Services Ban

    Crispin Odey failed to overturn his ban from working in the financial services industry on Monday as a tribunal upheld misconduct findings that the former hedge fund boss had thwarted an internal probe into allegations of sexual harassment.

  • September 11, 2026

    Ørsted Secures UK Tax Rights For 2 Offshore Wind Farms

    An advisory commission issued an opinion saying Danish multinational Ørsted should pay taxes primarily in the U.K. rather than Denmark on two offshore wind farms based in British territory, according to a company statement.

  • September 11, 2026

    KPMG Investigated Over Prax Group's State Oil Audit

    The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.

  • September 11, 2026

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

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 11, 2026

    Premier League's £10M Stays Frozen Over Crime Suspicions

    The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge ruled Friday that they should remain frozen until January, finding grounds to suspect the money could be criminal proceeds.

  • September 11, 2026

    Oligarch's Estate Can Run Matrimonial Law Case In $3B Fight

    The widow and daughter of a Russian tycoon have failed to prevent a representative for his estate from pursuing Ukrainian matrimonial asset arguments in the English court, the latest development in their long-running $3 billion inheritance dispute.

  • September 11, 2026

    Ex-Goodwin M&A Lawyer Pleads Not Guilty To Insider Trading

    A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.

  • September 11, 2026

    Insurers Still Liable For Petrofac Execs' Bribery Defense Costs

    Nine Lloyd's insurers lost the first round of their bid to avoid covering the criminal defense costs of two former Petrofac executives when a London judge rejected their arguments on Friday, ahead of their bribery trial in October.

  • September 11, 2026

    FCA Accuses 5 Men Of Running £4M Water Bottling Fraud

    Five men fleeced investors out of £4 million ($5.4 million) in an "elaborate" scam involving water bottling projects that failed to produce a single drop of liquid, prosecutors said at the start of a trial on Friday.

  • September 10, 2026

    Nigerian Villagers Get OK To Broaden Shell Oil Spill Claim

    Nigerian communities suing Shell over damage from oil spills gained permission Thursday to amend their claim to add allegations that systemic failures meant the oil giant was responsible for all environmental devastation in the region.

  • September 10, 2026

    MFS Unit Administrator Exits Amid Concerns Over Link To Owner

    An administrator for a unit of Market Financial Solutions voluntarily left his post on Thursday after creditors of the collapsed mortgage lender raised concerns about a potential conflict of interest.

  • September 10, 2026

    Touchstone Investor Pleads Guilty To Fake Takeover Bid

    A shareholder in Touchstone Exploration Inc. pleaded guilty Thursday to fraud and forgery charges after creating a fake takeover approach for the AIM-listed energy company to artificially boost its share price, the Financial Conduct Authority said.

Expert Analysis

  • Tracking Crypto-Asset Tax Rules In 2025 And Beyond

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    The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.

  • 2025 UK Merger Reforms Simplify Path For Deals

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    Dealmakers should laud the 2025 reforms in the U.K. merger control and investment screening landscape, as the Competition and Markets Authority’s renewed focus on economic growth — and on implementing more flexible, streamlined and hands-off procedures — makes planning transactions a more predictable process, say lawyers at Akin Gump.

  • Train Ticket Class Action Shows Limits Of Competition Law

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    The Competition Appeal Tribunal's recent judgment in Gutmann v. London & Southeastern Railway, Govia Thameslink Railway and First MTR South Western Trains Ltd. restates the important principle that a high bar is required to demonstrate an abuse of dominance, providing welcome clarification for consumer-facing businesses that competition law is not intended to serve as a general vehicle for consumer protection, say lawyers at Freshfields.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • CMA's Leniency Guide May Change Self-Report Calculus

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    The Competition and Markets Authority's updated leniency guide introduces significant changes to bolster cartel enforcement, with incentives to early self-report that will be welcomed by businesses, but the weighty specter of potential class actions could greatly outweigh the discount on administrative fines, say lawyers at Cooley.

  • Why EU's FDI Screening Proposals Require Careful Balance

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    The European Commission’s proposals to harmonize EU foreign direct investment screening regimes at the member state level require a trilogue between the commission, Parliament and council, which means political tensions need to be resolved in order to reach agreement on the five key reforms, say lawyers at Arnold & Porter.

  • Fashion Giants' €157M Fine Shows Price-Fixing Not In Vogue

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    The European Commission’s recent substantial fining of fashion houses Gucci, Chloé and Loewe for resale price maintenance in a distribution agreement demonstrates that a wide range of activities is considered illegal, and that enforcement under EU competition law remains a priority, says Matthew Hall at McGuireWoods.

  • OFSI Proposals Signal Greater Focus On Enforcement Activity

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    The Office of Financial Sanctions Implementation’s proposed financial sanctions reforms, with risks of higher penalties and more stringent disclosure requirements for U.K. banks and companies, reflect the agency’s evolution into a more sophisticated and robust enforcement regulator, says Irene Polieri at Gibson Dunn.

  • How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach

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    The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.

  • UK Getty Ruling Tests Balance Of IP Rights And AI Industry

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    The recent Getty Images v. Stability AI High Court decision, rejecting copyright claims while upholding limited trademark infringement, will influence the creative community and U.K. artificial intelligence industry alike, and the training of AI models in the U.K. is still a risk, say lawyers at Powell Gilbert.

  • Takeaways From Landmark UK Ruling On Brazil Dam Collapse

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    The High Court found BHP liable for a Brazilian dam collapse that resulted in a major environmental disaster, showing that England remains open for complex transnational environmental claims and providing a road map for other mass claims that are sure to follow this case, says Josep Galvez at 4-5 Gray's Inn Square.

  • Navigating Compliance As EU Cybersecurity Rules Evolve

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    One year after the European Union’s Network and Information Systems Directive 2 took effect, in-scope organizations are encountering mounting pressure to meet new cybersecurity standards, and national variations are creating additional challenges for companies that operate across multiple EU jurisdictions, say lawyers at Goodwin.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

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