Corporate Crime & Compliance UK

  • March 14, 2025

    Ex-Reform UK Wales Chief To Stand Trial In 2026

    The former leader of the right-wing populist Reform Party's Welsh arm is expected to stand trial in June 2026 to face allegations that he took bribes to support Russia in the European Parliament, a judge at a London court said Friday.

  • March 13, 2025

    UN Judge Convicted Of Modern Slavery Offenses In UK

    A United Nations judge was convicted of modern slavery Thursday after a British jury found that she had forced a woman to be her unpaid nanny.

  • March 13, 2025

    Staley Denies Using Daughter As Intermediary With Epstein

    Jes Staley denied using his daughter as an intermediary to communicate with Jeffrey Epstein after he said he cut off the disgraced financier, as he gave evidence to a tribunal Thursday.

  • March 13, 2025

    Trump's EU Threat May Aim To Boost Negotiation Leverage

    President Donald Trump continued his trade tactics Thursday, threatening a 200% tariff on European alcohol imports that is almost certain to be another tool to leverage in future negotiations despite the economic uncertainty it creates.

  • March 13, 2025

    Ex-Manager Says Drax Tried To Hide Sustainability Failings

    A former public affairs manager at British energy company Drax Power Ltd. told a London tribunal on Thursday that bosses sacked her to try to silence her after she blew the whistle over concerns about alleged sustainability failings.

  • March 13, 2025

    Prosecutors Charge NCA Officer Over Stolen Bitcoin

    The U.K. prosecution agency said on Thursday it had charged a National Crime Agency officer with 15 separate criminal offenses related to the theft of 50 bitcoin, worth nearly £60,000 ($77,623) in 2017.

  • March 13, 2025

    Watchdog Launches Probe Into EY Audit Of High-Profile Biz

    The U.K. accounting watchdog said Thursday that it has kicked off an enforcement investigation into audits conducted by Ernst & Young LLP for a high-profile business.

  • March 13, 2025

    Russia's Former Deputy PM Loses Bid To Lift EU Sanctions

    Russia's former deputy prime minister has failed to end European Union sanctions against him after the European Court of Justice upheld on Thursday the conclusion that he actively supports the Russian government as president of its state investment company VEB.RF.

  • March 13, 2025

    FCA Charges 5th Person In £3.9M Water Investment Fraud

    The Financial Conduct Authority said Thursday that it has charged a fifth individual over a suspected £3.9 million ($5 million) water investment scam.

  • March 13, 2025

    Failed Sewage CPO Ruling Still Gives Hope For Novel Cases

    A recent tribunal decision dismissing mass action worth up to £1.5 billion ($1.9 billion) against major water companies for underreporting pollution shows the limits of bringing competition law claims in highly-regulated sectors while offering hope that novel case theories can succeed.

  • March 19, 2025

    Constantine Law's New White Collar Partner Brings SFO Edge

    The newest partner on Constantine Law Ltd.'s regulatory team, veteran white collar crime lawyer John Milner, is looking forward to helping the consultant-led firm expand its corporate crime capabilities.

  • March 12, 2025

    Simpson Thacher Fined £300K For AML Compliance Failures

    Simpson Thacher & Bartlett LLP was fined £300,000 ($389,0000) by the Solicitors Disciplinary Tribunal on Wednesday for failing to implement measures to lower the risk of money laundering.

  • March 12, 2025

    UK Enforcers Double Down On Apple Mobile Browser Worries

    A new report from British competition enforcers claims that Apple and Google's dominance in mobile operating systems and browsers limits competition and innovation in the United Kingdom, while encouraging regulators to consider imposing pro-competition requirements on the tech giants.

  • March 12, 2025

    Regulatory Rollback Gathers Pace As Programs Axed

    The City watchdog has dropped three of its top regulatory initiatives, responding on Wednesday to industry criticism and government pressure to boost competitiveness and economic growth.

  • March 12, 2025

    EU Targets US Goods In Response To Trump's Tariffs

    The European Commission said Wednesday that it will impose tariffs on American goods imported into the European Union in response to U.S. tariffs placed on EU steel and aluminum exports.

  • March 19, 2025

    Pierson Ferdinand Hires Former Magistrate From Walkers

    Pierson Ferdinand LLP has recruited Daniel Hayward-Hughes, a former magistrate and associate with Walkers, as a junior partner in its international disputes practice as the firm continues to grow its London office a year after its launch.

  • March 12, 2025

    HMRC To Reward Whistleblowers Who Expose Tax Fraud

    Insiders who tip off investigators to serious tax avoidance by large companies and rich elites will be paid a cut of any money the U.K. tax enforcer claws back under a new policy proposed by the government.

  • March 12, 2025

    Florist Says Ex-CEO Diverted Cash Amid False Fraud Claim

    A high-end London florist has sued its former CEO for an estimated £4.1 million ($5.3 million) alleging the businessman diverted its revenue before falsely telling customers that the business was insolvent and committing fraud.

  • March 12, 2025

    FCA Drops Plan To 'Name And Shame' Firms It Investigates

    The Financial Conduct Authority said Wednesday that it has scrapped its proposals to publicly identify companies at an early stage in enforcement investigations as the watchdog responds to widespread resistance from the sector.

  • March 12, 2025

    Gov't To Scrap UK Payments Watchdog To Boost Growth

    The U.K. government has said that it will abolish the payments watchdog as the latest step to reduce the size and complexity of regulatory burdens on business.

  • March 12, 2025

    UK Watchdogs Drop Diversity And Inclusion Regulation Plans

    The financial services watchdogs have walked back plans to introduce new regulations for diversity and inclusion policies, saying on Wednesday that they hope to avoid duplicating existing regulation and legislative guidelines.

  • March 11, 2025

    AXA Says Santander Was In 'Driving Seat' In £670M PPI Trial

    Insurance giant AXA said at the start of a £670 million ($867 million) London trial Tuesday that Santander should compensate it for what it has paid out dealing with claims for missold payment protection insurance because the Spanish bank's subsidiary was "in the driving seat."

  • March 11, 2025

    EU Council Approves 'Decluttering' Tax Agenda

    The Council of the European Union said Tuesday that it has approved the "decluttering" agenda to simplify tax legislation across the bloc and cut red tape to make the system more competitive.

  • March 11, 2025

    Exec Wins Bid To Challenge Name Disclosure In Bribery Case

    A former executive acquitted of bribery won permission Tuesday to attempt to keep their name out of a judgment detailing a bribery settlement with the Serious Fraud Office after a judge ruled he had an "arguable" case that his privacy rights trumped transparency.

  • March 11, 2025

    Clyde & Co Hires RPC White Collar Quartet

    Clyde & Co. LLP said Tuesday that it has recruited Sam Tate, the former head of white-collar crime at Reynolds Porter Chamberlain LLP, as its global head of regulatory and investigations, along with three other RPC hires.

Expert Analysis

  • Uber Payout Offers Employer Lessons On Mitigating Bias

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    Uber Eats' recent payout to a driver over allegations that the company's facial recognition software was discriminatory sheds light on bias in AI, and offers guidance for employers on how to avoid harming employees through the use of such technology, says Rachel Rigg at Fieldfisher.

  • Apple Ruling Offers Morsel Of Certainty On Litigation Funding

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    An English court's recent decision in Gutmann v. Apple, finding that a litigation funder could be paid via a damages award, offers a piece of guidance on the permissibility of such agreement terms amid the ongoing uncertainty around funded group litigation in the U.K., says Mohsin Patel at Factor Risk Management.

  • Cum-Ex Prosecutions Storm Shows No Sign Of Abating

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    The ongoing trial of Sanjay Shah in Denmark is a clear indicator that efforts remain focused on holding to account the alleged architects and beneficiaries of cum-ex trading, and with these prosecutions making their way across Europe, it is a more turbulent time now than ever, says Niall Hearty at Rahman Ravelli.

  • Traversing The Web Of Nonjudicial Grievance Mechanisms

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    Attorneys at Covington provide an overview of how companies can best align their environmental and human rights compliance with "hard-law" requirements like the EU's recently approved Corporate Sustainability Due Diligence Directive while also navigating the complex global network of existing nonjudicial grievance mechanisms.

  • Opinion

    FCA Greenwashing Rules Need To Be Stronger To Be Effective

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    The Financial Conduct Authority's forthcoming anti-greenwashing measures, aimed at ensuring the veracity of regulated entities’ statements about sustainability credentials, need external scrutiny and an effective definition of "corporate social responsibility" to give them bite, says Jingchen Zhao at Nottingham Trent University.

  • Companies House False Filings Raise Issues Of Integrity

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    A recent spate of unauthorized company filings with Companies House raises specific concerns for secured lenders, but also highlights the potential for false filings to be used to facilitate fraudulent schemes, says Daniel Sullivan at Charles Russell.

  • Gov't Probe Highlights Computer-Based Evidence Issues

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    A recently launched U.K. Home Office probe, following the alleged use of faulty data in criminal cases, illuminates the need for scrutiny on the presumed reliability of evidence from computer-based systems, says Jessica Sobey at Stokoe Partnership.

  • UK Courts Continue To Struggle With Crypto-Asset Cases

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    Although the common law has proved capable of applying established principles to crypto-assets, recent cases highlight persistent challenges in identifying defendants, locating assets and determining jurisdiction, suggesting that any meaningful development will likely come from legislative or regulatory change, say Emily Saunderson and Sam Mitchell at Quadrant Chambers.

  • Why Computer Evidence Is Not Always Reliable In Court

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    Recent challenges to the admissibility of encrypted communication from the messaging tool EncroChat highlight the flawed presumption in the U.K. common law framework that computer evidence is always accurate, and why a nuanced assessment of such evidence is needed, say Sam De Silva and Josie Welland at CMS Legal.

  • Comparing The UK And EU Approaches To AI Regulation

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    While there are significant points of convergence between the recently published U.K. approach to artificial intelligence regulation and the EU AI Act, there is also notable divergence between them, and it appears that the U.K. will remain a less regulatory environment for AI in the foreseeable future, say lawyers at Steptoe.

  • Lessons On Using 3rd-Party Disclosure Orders In Fraud Cases

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    The expansion of the gateway for service out of jurisdiction regarding third-party information orders has proven to be an effective tool against fraud since it was introduced in 2022, and recent case law offers practical tips on what applicants should be aware of when submitting such orders, says Rosie Wild at Cooke Young.

  • Compliance Points To Know About The EU Digital Services Act

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    Online service providers in the European Union should prioritize understanding the scope of the recently implemented Digital Services Act, their specific legal obligations under it and the practical steps they must take to comply with the new law while obeying a raft of overlapping EU digital reforms, say Leo Moore and Róisín Culligan at William Fry.

  • Independent Regulator Could Chip Away At FIFA Autonomy

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    After the U.K.'s recent proposal for an independent football regulator, FIFA's commitment to safeguarding football association autonomy remains unwavering, despite a history of complexities arising from controversies in the bidding and hosting of major tournaments, say Yasin Patel at Church Court Chambers and Caitlin Haberlin-Chambers at SLAM Global.

  • A Look At The Latest EU Alternative Investment Regulation

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    Recent amendments to the EU Alternative Investment Fund Managers Directive governing a range of alternative investment funds reflect a growing regulatory focus on nonbanking financial institutions, which expand credit to support economic growth but carry a commensurate risk, say Juliette Mills and Alix Prentice at Cadwalader.

  • Unpacking The Law Commission's Digital Assets Consultation

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    The Law Commission recently published a consultation on recognizing a third personal property category to accommodate the development of digital assets, highlighting difficulties with current models of property rights and the potential consequences of considering digital assets as personal property, say Andrew Tsang and Tom Bacon at BCLP.

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