Corporate Crime & Compliance UK

  • July 22, 2026

    SRA Defends Access To Privileged Files In Carter-Ruck Suit

    The solicitors' watchdog told the High Court on Wednesday that it is not seeking unfettered power to override clients' legal professional privilege, but said limited access to privileged documents is essential if it is to investigate solicitors accused of professional misconduct.

  • July 22, 2026

    FCA Finds Financial Crime Rule Breaches At Asset Managers

    The Financial Conduct Authority raised concerns Wednesday that some asset managers had inadequate financial crime controls in breach of legal requirements and regulatory expectations.

  • July 22, 2026

    Spy Tactic Costs Billionaire Asset Freeze In $415M Fraud Case

    A London appeals court has lifted a worldwide freezing order on a man accused of defrauding a Mexican billionaire out of more than $415 million, ruling that Salinas had obtained privileged information from his opponent's solicitor by "unlawful as well as abusive" means.

  • July 22, 2026

    Lloyd's Says Ex-CEO Breached Rules Over Undisclosed Ties

    Lloyd's of London said Wednesday that former chief executive John Neal had breached the market's conduct rules by failing to disclose a personal relationship with another senior executive.

  • July 21, 2026

    Fintech Says Deutsche Bank Shouldn't Escape Blacklist Suit

    A self-described barter-based payment platform alleging it was improperly placed on an industry blacklist by Deutsche Bank has urged a New York federal judge not to grant the bank's dismissal bid, arguing the German lender has constructed an "unpled 'if ... then' scenario" and asks "the court to assume that it is factual."

  • July 21, 2026

    Ex-Solicitor Says SFO Errors Tainted Tipping Off Conviction

    A former solicitor sought Tuesday to overturn his conviction for tipping off a client about a Serious Fraud Office anti-money laundering investigation, arguing at a London appeals court that disclosure errors in the original trial rendered the process unjust.

  • July 21, 2026

    HMRC Investigating 13 Cos. For Failure To Prevent Tax Fraud

    Britain's tax authority is carrying out 13 investigations into companies over allegations that they failed to prevent the facilitation of tax fraud, with dozens more under review after criticism that the tax authority has been too slow to police big businesses, HMRC said Tuesday.

  • July 21, 2026

    Santander Says £670M AXA PPI Indemnity Isn't Retroactive

    Santander told an appeals court Tuesday it should not pay out £670 million ($896 million) AXA lost when dealing with mis-sold payment protection insurance claims, arguing an earlier judge wrongly found it was liable irrespective of when the policies were sold.

  • July 21, 2026

    How Skadden Beat HMRC's First Sanctions Export Ban Case

    Ryan Junck and Vanessa McGoldrick of Skadden talk to Law360 about the strategy behind the dismissal of the case against the Hauser & Wirth art gallery, the challenges of litigating a first-of-its-kind prosecution and what the judgment means for sanctions enforcement.

  • July 21, 2026

    Alex Norris Takes Justice Brief Amid Jury Trial Reform Fight

    As Alex Norris becomes the first non-lawyer tasked with overseeing the Ministry of Justice in almost a decade, he inherits responsibility for a system strained by court backlogs and contentious reform fights.

  • July 21, 2026

    Carter-Ruck Fights SRA Bid For Privileged Client Files

    Carter-Ruck and businessman Mohamed Amersi urged the High Court on Tuesday to rule that the solicitors' watchdog cannot compel law firms to hand over documents protected by clients' legal professional privilege during misconduct investigations.

  • July 21, 2026

    Property Group Settles £13M Fraud Recovery Claim

    A property development group has settled its claim against a property tycoon's brother who it alleged had transferred his shares from an investment venture to frustrate attempts to recover money funneled from a £13 million ($17.5 million) fraud.

  • July 20, 2026

    HMRC Drafts Rules To Collect More Financial Tax Data

    Britain's tax authority issued draft regulations Monday that would expand data collection on interest income and card sales from banks.

  • July 20, 2026

    Staffing Co. Loses VAT Credit Fight Over Fraud Knowledge

    A construction recruitment company can't recover input value-added tax after a London court held Monday that its director knew or should have known that its supply chain was compromised by fraud and that the transactions giving rise to the input tax credit were related to the fraud.

  • July 20, 2026

    'Devious' Castle Fraud Solicitor Hid Assets, Prosecutor Says

    A solicitor imprisoned for defrauding a client of £10.3 million ($13.8 million) in a sham deal to buy a Scottish castle has enough hidden assets to pay back his victim, a prosecutor told a confiscation hearing Monday.

  • July 20, 2026

    Carter-Ruck Challenge Threatens SRA Misconduct Cases

    Carter-Ruck's upcoming challenge to the Solicitors Regulation Authority's demand for documents that the law firm says are protected by legal professional privilege could reshape how the SRA investigates SLAPPs and the misuse of client funds — even if the regulator wins.

  • July 20, 2026

    Burnham Vows 'Circuit Breaker' Moment As He Becomes PM

    Andy Burnham succeeded Keir Starmer as British prime minister on Monday, pledging to end four decades of private sector-led policy by expanding state control over people's well-being and the economy.

  • July 20, 2026

    J&J Talc Claim Set To Shrink As Claimants Seek Early Exit

    More than 1,000 claimants are set to be withdrawn from group litigation alleging that Johnson & Johnson knowingly sold baby powder contaminated with asbestos in the U.K., though a London judge decided against striking them out.

  • July 20, 2026

    Alibaba Co. Fined €550M By EU Over Illegal, Unsafe Products

    The European Union fined online retailer AliExpress €550 million ($629 million) on Monday for failing to prevent the sale of illegal, unsafe and counterfeit products on its platform, the largest-ever financial penalty handed for breaching the bloc's digital rules.

  • July 20, 2026

    PRA Hits Insurer With £4.1M Fine For Inaccurate Reporting

    The Prudential Regulation Authority said Monday that it has fined HDI Global SE £4.1 million ($5.2 million) for inaccurately reporting potential claims data to a program that compensates consumers if an insurer collapses.

  • July 20, 2026

    FCA Tells Broker Anthony Jones To Stop Regulated Activity

    Britain's finance watchdog has urged customers of insurance broker Anthony Jones (UK) Ltd. to check their policies after the company agreed to stop carrying out any regulated activity.

  • July 17, 2026

    Justice Carr Faults CPS, AG For Misreporting In Rape Case

    The most senior judge in England and Wales criticized the attorney general and Crown Prosecution Service on Friday over their role in what she called the "sensationalist reporting" of a rape trial that prompted the "personal condemnation and vilification" of a judge.

  • July 17, 2026

    EU Prosecutors Indict 22 People In Subsidy Fraud Probe

    The European Public Prosecutor's Office has said that it has indicted 22 people, including four former Greek parliament members, former public officials and political staff, during its probe into an alleged agricultural funds fraud scheme.

  • July 17, 2026

    Property Developer Denied Appeal Of 2011 Fraud Conviction

    A former commercial property developer lost his bid to challenge his 2011 conviction for an investment fraud of more than £1.3 million ($1.7 million), as a London appellate court ruled Friday that his argument had "no merit whatsoever."

  • July 17, 2026

    Ex-Execs Settle £8M Share Sale Loss Claim With Telecom Biz

    Two former directors of a telecom technology company have settled their £8 million ($10.8 million) claim against their successors over allegedly being tricked into selling their shares at a fraction of their true value.

Expert Analysis

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • EU Report May Influence Regulation Of Decentralized Finance

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    The European supervisory authorities’ recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.

  • EU Paper Urges Data Protection And Competition Law Unity

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    A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.

  • Market Infrastructure Regs Aim To Reinvigorate EU Trading

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    The recently amended European Market Infrastructure Regulation, imposing a requirement on certain financial and nonfinancial institutions to maintain an active EU counterparty account, hopes to incentivize the central clearing of trades, although there are concerns that higher compliance costs will lead to a decrease in competitiveness, say lawyers at McDermott.

  • The Pros And Cons Of A 2nd Trump Term For UK Tech Sector

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    While U.S. President Donald Trump’s protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.

  • Why EU Omnibus Package Is Receiving Mixed Reactions

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    Although the forthcoming European Union omnibus simplification package consolidating corporate sustainability reporting requirements aims to reduce the regulatory burden on businesses, reaction to the proposals has been mixed, and reassurance is needed that these measures will not result in a watering down of the legislation, say lawyers at Peters & Peters.

  • Review Of Computer Evidence Use Raises Complex Issues

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    The Ministry of Justice’s recent call for a review of computer-generated evidence used in criminal proceedings, solicits questions of how such evidence will be defined while also ensuring that changes can withstand technological advances and uphold the effective functioning of the criminal justice system, say lawyers at BCL Solicitors.

  • How Proposed Private Share Trading System May Benefit Cos.

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    The government's proposal for a private securities and capital exchange system intends to enhance market practices and risk tolerances, offering a significant way for firms to free up liquidity by allowing investors to trade existing private company shares, say lawyers at Mishcon de Reya.

  • New Bill Introduces Important Whistleblower Protections

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    If enacted, a bill that proposes the establishment of an independent whistleblower office in the U.K. offering protected disclosures will encourage individual whistleblowers, and alleviate the pressure for companies to investigate complaints, say lawyers at Tenet Law.

  • Important Changes To Note In Accountant Ethics Code Update

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    The Institute of Chartered Accountants of England and Wales' forthcoming code of ethics will bring a number of significant updates to raise standards within the profession, but also risks of professional indemnity claims that could lead to challenges for firms, say lawyers at RPC.

  • What EU Sustainable Category Proposals Will Mean For Funds

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    The European Union Platform on Sustainable Finance’s recent proposals to apply stricter product categorization standards for funds subject to the Sustainable Finance Disclosure Regulation will assist retail investors in selecting sustainable products, and allow advisers to easily match their clients’ preferences, say lawyers at Debevoise.

  • What To Expect As CAT Considers Mastercard Settlement

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    It is expected that the Competition Appeal Tribunal will closely scrutinize the proposed collective settlement in Merricks v. Mastercard, including the role of the case’s litigation funder, as the CAT's past approach to such cases shows it does not treat the process as a rubber stamp exercise, say lawyers at BCLP.

  • Managing Transatlantic Antitrust Investigations And Litigation

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    As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.

  • What 2025 Holds For UK, EU Restructuring And Insolvency

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    European Union and U.K. restructuring developments in 2024, with a new era of director accountability, the use of cramdown tools and the emergence of aggressive liability management exercises, mean greater consideration of creditors' interests and earlier engagement in restructuring discussions can be expected this year, says Inga West at Ashurst.

  • What To Know As EU Urges Outbound Investment Reviews

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    A recent European Commission recommendation urges European Union member states to review outbound investments in certain critical technologies sectors, but does not clarify the next steps for states once information on relevant transactions in third countries is received, say lawyers at Cleary.

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