Corporate Crime & Compliance UK

  • June 24, 2025

    Commercial Fraud Claims Shift To King's Bench, Report Finds

    The King's Bench Division of the High Court, responsible for a broad range of civil matters, has overtaken the specialist Commercial Court as the most popular place to bring commercial fraud cases in England and Wales, according to trend analysis published Tuesday. 

  • June 24, 2025

    Liverpool Conveyancing Firm Shuttered Over Client Accounts

    The Solicitors Regulation Authority said Tuesday that it has shut down a law firm in Liverpool after finding that the firm and its managers failed to comply with rules governing the handling of client money.

  • June 24, 2025

    Law Firm Partner Denies Ignoring Signs Of £7M Client Fraud

    A partner at Portner Law denied dishonestly allowing use of the firm's account to launder money, telling a London trial that he did not register any red flags with a client who was involved in a £7 million ($9.5 million) fraud.

  • June 23, 2025

    IBM Trims UK Whistleblower's Claim Of Mistreatment

    An employment tribunal has ruled that a staffer at IBM U.K. cannot sue its parent company because her work as part of a global team did not make it her secondary employer.  

  • June 23, 2025

    Trafigura Beats Dubai Bank Unit's 'Cynical' $21M Fraud Case

    Trafigura on Monday defeated a claim by a subsidiary of Dubai's Rasmala Investment Bank alleging that the commodities trader tricked it into providing $21 million to pay off another company's debts, with a London court ruling the trader was not part of the deception.

  • June 23, 2025

    UK Payroll Tax Revenue Continues Rising, HMRC Says

    The U.K.'s receipts from income and payroll taxes increased to £84.6 billion ($114.4 billion) in April and May, up by £6.1 billion compared with the same period last year, according to data from HM Revenue & Customs. 

  • June 23, 2025

    Staffer Can't Ax Amazon's Defense To Russia Tech Sale Claim

    A former Amazon employee on Monday lost his bid to strike out the tech giant's defense to his claims that he was fired for blowing the whistle on alleged sales of its facial recognition technology to Russia.

  • June 23, 2025

    Investors Say Hargreaves Ignored Woodford Fund's Problems

    Thousands of investors who lost out when Neil Woodford's fund collapsed in 2019 have sued asset manager Hargeaves Lansdown, saying the firm kept the fund on its prestigious Wealth List long after it should have known it was headed for administration.

  • June 23, 2025

    AI-Driven Fake Evidence Could 'Play Havoc' In Legal Disputes

    A recent High Court judgment exposed how nonexistent artificial intelligence-generated citations had been used in legal arguments — but experts say this could be the tip of the iceberg for increasingly sophisticated fake evidence making its way into disputes.

  • June 20, 2025

    Gen Z Less Likely To Blow The Whistle At Work, Study Shows

    Gen Z is the least likely age group to blow the whistle to an employer over workplace wrongdoing like health and safety breaches, fraud, bullying or harassment, according to research published Monday.

  • June 20, 2025

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

    This past week in London has seen Pogust Goodhead face legal action from mining giant BHP Group, Trainline bring a procurement claim against the Department for Transport, Sworders auction house sue Conservative peer Patricia Rawlings, and Nokia hit with a patents claim by Hisense. Here, Law360 looks at these and other new claims in the U.K.

  • June 20, 2025

    Denmark To Focus On Carbon Tax, Transparency As EU Chair

    Denmark will prioritize initiatives including carbon taxation, fiscal transparency and measures to fight tax avoidance when it assumes the presidency of the European Union in July, the country's government said.

  • June 20, 2025

    Digital Nomad Co. Seeks Annulment Of EU VAT Rules

    An online short-term rentals company said it's challenging the Council of the European Union in the bloc's top court in a bid to overhaul deemed supplier rules for value-added tax.

  • June 20, 2025

    Energy Data Co. Can't Shut Off Info Supply To Rival

    The Competition Appeal Tribunal has blocked an energy data supplier from suspending its services to a competitor following an allegation that the move is an abuse of its de facto monopoly over U.K. meter usage data.

  • June 20, 2025

    FCA's Crypto Ban Reversal Unleashes Consumer Harm Risk

    The Financial Conduct Authority's proposed reversal of its ban on crypto exchange-traded notes for retail investors has paved the way for immeasurable consumer harm, U.K. and U.S. lawyers have warned.

  • June 20, 2025

    BHP Sues Claimant Lawyers Amid £36B Dam Disaster Trial

    BHP is suing law firm Pogust Goodhead, which is representing hundreds of thousands of individuals, municipalities and businesses in a £36 billion ($48.5 billion) claim against the Australian mining giant over a dam disaster in Brazil that killed 19 people, according to court records.

  • June 20, 2025

    EU Body Issues Warning On Anti-Greenwashing Regulation

    The European Union's markets regulator warned Friday that national authorities across the economic bloc will approach enforcement of anti-greenwashing reporting standards in different ways in an online statement.

  • June 20, 2025

    Shell Can Be Liable Over Oil Spill But 'Legal Barriers' Remain

    Shell can be held liable for damages caused by pollution from illegal refining of stolen oil from its pipelines — but the Nigerian communities suing the energy giant face "significant legal barriers" to succeed at trial, a London judge ruled Friday.

  • June 20, 2025

    Gov't Pulls Funding For Pensions Anti-Fraud Unit

    The government has stopped long-term funding for a specialist anti-fraud unit that has helped to claw back millions of pounds in redress for victims of pension dishonesty, the head of the sector's arbitration body said.

  • June 19, 2025

    HMRC Cleared Of Forging Warrant To Seize £80M Mansion

    A businessman has lost his case that claimed the U.K. tax authority forged a warrant used to seize his £80 million ($107 million) mansion over fraud and money laundering charges, with a London court concluding that the warrant was genuine.

  • June 19, 2025

    Trafigura Partly Blocks Changes To Gupta's $600M Defense

    Metals trader Prateek Gupta was partly blocked Thursday from making wholesale changes to his defense to a fraud claim worth more than $600 million from Trafigura by a judge who nevertheless permitted alterations that had been agreed and those that would not require disclosure. 

  • June 19, 2025

    Ex-Janus Henderson Analyst Convicted Of Insider Dealing

    A London jury convicted a former City hedge fund analyst and his sister of insider dealing and money laundering charges on Thursday over allegations that they traded off confidential information to illegally earn nearly £1 million ($1.35 million).

  • June 19, 2025

    Google Suffers Setback In Bid To Overturn €4B Antitrust Fine

    Google suffered a blow in its bid to overturn to a €4.1 billion ($4.7 billion) antitrust fine on Thursday when an adviser to Europe's top court said it had failed to present proper legal grounds to challenge the penalty for unlawful market abuse using its mobile phone operating system.

  • June 19, 2025

    Slovak Officials Detained In Ukraine Military Aid Probe

    Eight people, four of them public officials within Slovakia's defense ministry, have been detained as part of an investigation into the alleged misuse of money destined for military aid to Ukraine, a European Union body has revealed.

  • June 19, 2025

    Presumed Alive, Fugitive Told To Repay £64M For Ponzi Fraud

    A judge ordered the fugitive mastermind behind a Ponzi scheme on Thursday to repay hundreds of conned investors £64 million ($86 million) after assuming that he might not have died despite suffering a reported heart attack in Mexico.

Expert Analysis

  • 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.

  • Competition Act Brings Important UK Merger Control Changes

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    Although recently effective sections of the Digital Markets, Competition and Consumers Act provide clarity on the transactions that may attract Competition and Markets Authority attention, some reforms potentially expanding the regulator's scope may be concerning to transacting parties, say lawyers at Fried Frank.

  • How GCs Can Protect Cos. From Geopolitical Headwinds

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    Geopolitical uncertainty is perceived by corporate leaders as the biggest short-term threat to global business, but many of the potential crises are navigable if general counsel focus on what is being said about a company and what the company is doing, says Juliet Young at Schillings.

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