Corporate Crime & Compliance UK

  • October 14, 2025

    Close Brothers Sets Aside £300M For Car Finance Claims

    Close Brothers said Tuesday that it is almost doubling its allocation to address the industry-wide motor finance compensation scheme as the merchant bank joined another lender in criticizing the Financial Conduct Authority's plans for redress.

  • October 13, 2025

    Energy Data Co. Says Info Supply Cut-Off Was Justified

    An energy data supplier owned by a consortium of British power companies has denied unfairly cutting off an energy startup, arguing that it refused to supply data because the startup repeatedly breached its deal by sharing data with third parties.

  • October 13, 2025

    Hamlins Pro Faces SDT For Contempt Threat Against Reporter

    The solicitors' regulator accused a Hamlins LLP partner at a London tribunal on Monday of improperly threatening to bring contempt proceedings against a journalist in a case over alleged corruption.

  • October 13, 2025

    Car Makers' 'Brexit Island' Defense Panned At Emissions Trial

    Carmakers want to live on a "Brexit island," where diesel vehicles in Britain are held to different emissions standards than other countries, lawyers for more than 1.6 million owners of diesel cars said at the start of a trial on Monday.

  • October 13, 2025

    FSB Warns G20 Of High-Risk Delays In Financial Reform

    The chairman of an international standards setter warned policymakers from the Group of 20 economic forum on Monday that countries are failing to finish financial reforms on time, risking global shocks.

  • October 13, 2025

    Lloyds Sets Aside £800M To Cover Motor Finance Claims

    Lloyds Bank said Monday that it has increased its provision for compensating customers tied to the motor finance misselling scandal by an additional £800 million ($1.1 billion), as the lender raised serious concerns about the Financial Conduct Authority's proposed redress program.

  • October 10, 2025

    Carmakers Gear Up For Once-In-A-Generation Dieselgate Trial

    One of the biggest and most complex group claim trials ever seen in the High Court will open Monday as more than a million motorists try to prove that major car manufacturers equipped their vehicles with devices designed to cheat emissions rules.

  • October 10, 2025

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

    This past week in London has seen Paddington Bear's creators and Studio Canal sue the company behind Spitting Image, Blackpool Football Club's former owner Owen Oyston bring a fresh claim against the club, and Mishcon de Reya sue a Saudi investment group.

  • October 10, 2025

    Google Trims Price Comparison Site's Competition Claim

    Google pared down a price-comparison website company's claim that accused it of abusing its dominant market position at a London tribunal Friday, after the tech giant argued that it has a "cast iron" defense against it.

  • October 10, 2025

    Think Tank Urges Reeves To Break Tax Pledge In Budget Plan

    Chancellor of the Exchequer Rachel Reeves should raise income tax in the coming autumn budget to match spending commitments and reduce the deficit, a think tank said Friday.

  • October 10, 2025

    Kennedys' Rekha Cooke On The FCA Senior Managers Regime

    Rekha Cooke, a partner at Kennedys, talks about the Financial Conduct Authority's reforms of the senior managers regime, telling Law360 that businesses should treat the reforms as a reason to strengthen their internal controls.

  • October 10, 2025

    Standards Setter FSB Issues Warning On AI Monitoring Gaps

    National regulators must improve their monitoring of the adoption of artificial intelligence in the financial sector, a global standards setter urged on Friday, as unchecked exposure to the technology might expose critical vulnerabilities.

  • October 10, 2025

    Agent Blames Law Firm For Bungled £1.1M Property Sale

    An agent has blamed a law firm for a bungled £1.1 million ($1.5 million) real estate deal that ended with the lawyers settling a negligence case, as she denied allegations that she intentionally tried to sell a property she did not have the rights to.

  • October 10, 2025

    Glazing Firm Boss Avoids Prison For COVID Loan Fraud

    A court has handed a 22-month suspended prison sentence to a businessman who fraudulently obtained two loans from the state-backed COVID-19 pandemic-era bounce-back scheme and used the proceeds for gambling and cryptocurrency investments, the Insolvency Service has said.

  • October 09, 2025

    FCA Outlines Next Steps To Stop Financial Crime At AGM

    The Financial Conduct Authority outlined its next steps to prevent financial crime at its annual general meeting on Thursday, including further investment in its data-related technology and demands for higher level anti-fraud measures from tech giants such as Meta.

  • October 09, 2025

    Clearview AI's £7.5M GDPR Fine Faces Renewed Scrutiny

    A London tribunal has decided that a lower court was wrong to find that the U.K.'s data protection regulator lacked the power to fine Clearview AI Inc. £7.5 million ($10 million) over its collection of images of U.K. citizens from social media without their knowledge.

  • October 09, 2025

    Hip-Hop DJ Tim Westwood Charged With Rape, Sexual Assault

    The Crown Prosecution Service said Thursday that it had approved 15 charges of sexual offenses against U.K. hip-hop DJ and broadcaster Tim Westwood spanning over three decades and involving seven women.

  • October 09, 2025

    Dutch Gov't Summons Fund Suspected Of €200M Tax Evasion

    Dutch prosecutors have summoned a foreign pension fund that they suspect evaded €200 million ($231 million) in taxes on dividends through fraudulent refund claims, the government said Thursday.

  • October 09, 2025

    BAE Suppliers Deny Selling Faulty Parts In £11.5M M&A Row

    The former owners of an aerospace component maker that supplied BAE Systems has denied knowingly selling faulty parts as it fights the new owner's claim for an £11.5 million ($15.3 million) refund after an acquisition.

  • October 09, 2025

    Richard Desmond Wants £1.3B Over National Lottery Award

    A group owned by former publishing magnate Richard Desmond alleged Thursday at the trial over its £1.3 billion ($1.7 billion) claim that the U.K. gambling regulator had made "manifest errors" in the process of awarding the National Lottery license.

  • October 09, 2025

    Banks Warn Of Extra Hit Over Car Loan Finance Scandal

    Lloyds and Close Brothers both warned on Thursday that they are reviewing whether they need to allocate extra cash to compensate U.K. motor finance customers, days after the City watchdog disclosed a planned redress program for the mis-selling scandal.

  • October 08, 2025

    Senior Managers At Risk In FCA's £8B Motor Finance Plan

    The Financial Conduct Authority's proposed £8.2 billion ($11 billion) car finance redress scheme would force senior managers of lenders to put their heads on the block by attesting that they have adequate systems to identify customers for compensation, with wrong decisions risking enforcement action by the regulator, lawyers have warned.

  • October 08, 2025

    Tobacco Co. Made Timely Tax Refund Claims, UK Court Rules

    A British tobacco company didn't wait too long to seek repayment of taxes it mistakenly paid on foreign dividends, a U.K. appeals court ruled Wednesday, rejecting HM Revenue & Customs' contention that the claims were time-barred.

  • October 08, 2025

    CPS Has Immunity Over Victim Address Leak In Court

    A London appeals court ruled Wednesday that the Crown Prosecution Service is immune from a claim by a domestic abuse victim after its advocate inadvertently revealed the victim's new address to her abusive ex-partner in court.

  • October 08, 2025

    Tech Biz Says Former Exec Lied About CEO's Links To Russia

    A technology company has accused a former executive in a London court of targeting its CEO with a smear campaign about his alleged ties to Russian special services and organized crime networks.

Expert Analysis

  • What New Int'l Treaty Means For Global AI Regulation

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    Lawyers at Bird & Bird consider how global artificial intelligence regulation will be affected by the first international AI treaty recently signed by the U.S., EU and U.K., as well as its implications for business and several issues that stakeholders should be aware of.

  • Factors Driving EU Competition Policy For The Next 5 Years

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    Teresa Ribera Rodríguez’s recent nomination as the new European Union commissioner for competition prompts questions about policy and enforcement, with goals to enhance competition in business, implement stronger and faster enforcement, and promote and fund decarbonization likely in her sights during a five-year term, say lawyers at Linklaters.

  • 2 Highlights From Labour's Notable Employment Rights Bill

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    The Labour government’s recently unveiled Employment Rights Bill marks the start of a generational shift in U.K. employment law, and its updates to unfair dismissal rights and restrictions on fire-and-rehire tactics are of particular note, say lawyers at Covington.

  • How Energy Scheme Is Affecting Large Co. Fund Investment

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    The latest phase of the Department of Energy and Climate Change's Energy Savings Opportunity Scheme implicates funds with investments in large companies by establishing significant and complex changes to the reporting cycle for mandatory assessments, say lawyers at Macfarlanes.

  • How Companies House Enforcement Powers Are Growing

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    Companies House's recently increased ability to assess what material is submitted to the U.K. register of companies, and to proportionately enforce where violations have occurred, may require some degree of cultural shift within many companies, say lawyers at Greenberg Traurig.

  • How New Sanctions Office Will Affect UK Trade Landscape

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    The recent launch of the Office of Trade Sanctions Implementation will help to create a more comprehensive civil enforcement terrain, but the potential for multiple investigations means businesses should reassess their systems to ensure they do not inadvertently incur civil liability, says Julia Pearce at Robertson Pugh.

  • FCA Savings Update Focuses On Good Customer Outcomes

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    The Financial Conduct Authority’s recent cash savings update emphasizes its expectations of firms to deliver fair value to consumers by documenting the rationale for actions at each stage, considering customer communications and demonstrating that potential harms are acted upon, say Matt Handfield, Charlotte Rendle and Caroline Hunter-Yeats at Simmons & Simmons.

  • Opinion

    Why The UK Gov't Should Commit To An Anti-SLAPP Law

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    Recent libel cases against journalists demonstrate how the English court system can be potentially misused through strategic lawsuits against public participation, underscoring the need for a robust statutory mechanism for early dismissal of unmeritorious claims, says Nadia Tymkiw at RPC.

  • 5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling

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    The U.K. Supreme Court's recent judgment in UniCredit Bank v. RusChemAlliance, upholding an injunction against a lawsuit that attempted to shift arbitration away from a contractually designated venue, provides helpful guidance on when such injunctions may be available, say attorneys at Fladgate.

  • FCA's Broad Proposals Aim To Protect Customer Funds

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    The Financial Conduct Authority’s proposed changes to payments firms’ safeguarding requirements, with enhanced recordkeeping and fund segregation, seek to bolster existing regulatory provisions, but by introducing a statutory trust concept to cover customers’ assets, represent a set of onerous rules, says Matt Hancock at Greenberg Traurig.

  • Complying With Growing EU Supply Chain Mandates

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    A significant volume of recent European Union legislative developments demonstrate a focus on supply chain transparency, so organizations must remain vigilant about potential human rights and environmental abuses in their supply chain and make a plan to mitigate compliance risks, say lawyers at Weil.

  • Takeaways From Upcoming Payment Fraud Delay Legislation

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    Lawyers at Hogan Lovells discuss what to know about new legislation that will allow payment service providers to delay payments when third-party fraud is suspected, and share pointers for providers to consider ahead of the Oct. 30 effective date.

  • What New EU Packaging Regulation Will Mean For Companies

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    The forthcoming Packaging and Packaging Waste Regulation aims to regulate the entire life cycle of products from design to end-of-life waste, and will present particularly challenging deadlines for organizations, especially regarding recyclability and substances of concern, say Marcus Navin-Jones and Ward Overlaet at Crowell & Moring.

  • Modernizing UK Trade Settlement Standard: The Road Ahead

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    Andrew Tsang and Tom Bacon at BCLP consider the rationale and challenges of a potential U.K. trade settlement acceleration, part of an initiative to modernize the financial market infrastructure, and suggest that incorporating distributed ledger technology as a synchronized recording system would facilitate the move.

  • ICO Reprimand Highlights Importance Of Cookie Use Consent

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    The Information Commissioner's Office's recent reprimand of Bonne Terre's unlawful use of online advertising cookies confirms that companies using third-party tracking technologies are considered data controllers responsible for ensuring compliance, say Nessa Khandaker and Lynn Parker Dupree at Finnegan.

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