Government plans to press ahead with judge-only trials for complex economic crime cases to spare jurors from lengthy proceedings were criticized on Monday by white-collar lawyers, who said there was "no principled reason" for the controversial reforms.
Aircraft lessors face a fresh legal battle to recover losses for planes stranded in Russia in a trial beginning on Monday, when reinsurers will argue that Russian law prevents them from claiming directly under insurance arranged by the airlines.
Findings that Manchester City arranged "sham" commercial contracts to inflate its revenues and cut costs by £900 million ($1.2 billion) could trigger criminal and tax investigations, though any probes would face many legal and practical hurdles, lawyers say.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
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Government plans to press ahead with judge-only trials for complex economic crime cases to spare jurors from lengthy proceedings were criticized on Monday by white-collar lawyers, who said there was "no principled reason" for the controversial reforms.
Aircraft lessors face a fresh legal battle to recover losses for planes stranded in Russia in a trial beginning on Monday, when reinsurers will argue that Russian law prevents them from claiming directly under insurance arranged by the airlines.
Findings that Manchester City arranged "sham" commercial contracts to inflate its revenues and cut costs by £900 million ($1.2 billion) could trigger criminal and tax investigations, though any probes would face many legal and practical hurdles, lawyers say.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
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October 07, 2026
The Serious Fraud Office's lack of a reliable system for keeping track of confidential communications to and from lawyers, and its reliance on external lawyers to understand whether materials are legally privileged, poses a "significant risk" to its cases, an oversight body said Thursday.
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October 07, 2026
The Serious Fraud Office on Wednesday launched a search for its next director following Nick Ephgrave's exit earlier this year.
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October 07, 2026
British Home Stores' liquidators accused a senior City lawyer on Wednesday of using a "high-functioning and unwitting stooge" to enrich himself and dodge personal liability for the high street giant's collapse.
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October 07, 2026
Lawyers representing the families of two men killed by police at a Tanzanian gold mine argued at the start of a London trial Wednesday that the trade body for the world's largest gold bullion market had "played a crucial role" in their deaths.
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October 07, 2026
Italian authorities have detained 11 people suspected of evading €100 million ($112 million) in value-added taxes while trading plastic products, the European Public Prosecutor's Office said Wednesday.
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October 07, 2026
The Serious Fraud Office plans to compensate staff for longer commutes when the agency's office relocates to Canary Wharf from its existing headquarters in Trafalgar Square.
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October 07, 2026
Volkswagen's U.K. motor finance arm has set aside £725 million ($958 million) to cover potential costs of a regulatory program to compensate customers affected by historical motor finance practices, according to accounts filed at Companies House.
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October 07, 2026
A group of reinsurers argued Wednesday that aircraft lessors are trying to "turn lead into gold" by seeking billions of dollars for planes stranded in Russia under reinsurance policies arranged by the airlines.
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October 07, 2026
Three Rank Group PLC casino companies said Wednesday they will pay the U.K. government a total of £5 million ($6.6 million) after the Gambling Commission found failures in anti-money laundering and safe betting controls across their operations.
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October 07, 2026
Five former Barclays traders succeeded on Wednesday in overturning their convictions for rigging benchmark interest rates, further unraveling landmark prosecutions brought by the Serious Fraud Office in the aftermath of the global financial crisis.
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October 06, 2026
Six former City traders will seek to overturn their convictions in an appeal on Wednesday following a ruling by the U.K. Supreme Court ruling that exposed judicial errors in the Serious Fraud Office's prosecutions and cast doubt on the safety of their verdicts.
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October 06, 2026
The Financial Conduct Authority said at its annual general meeting on Tuesday that it will engage with financial crime with a "force" that has not been seen for years, highlighting artificial intelligence as a source of risk.
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October 06, 2026
Ofcom said Tuesday it is weighing whether Meta Platforms Inc. failed to properly assess the risks posed by a new Instagram feature before launching it, in the U.K. regulator's first investigation into the technology giant under the Online Safety Act.
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October 06, 2026
Two former Petrofac executives will have three extra weeks to prepare for their bribery trial after a London judge pushed back the start date because insurers seeking to avoid covering their criminal defense costs lost a dispute.
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October 06, 2026
The Solicitors Regulation Authority said Tuesday that it plans to seek permission to appeal directly to the U.K. Supreme Court against a ruling which could significantly limit its ability to investigate alleged misconduct.
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October 06, 2026
A group of MPs called for an independent investigation on Tuesday into how the Financial Conduct Authority handles whistleblowers following the death of a former Wall Street broker, as the watchdog's annual general meeting was hijacked by complainants criticizing its approach.
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October 05, 2026
Insurers detected £1.34 billion ($1.8 billion) in fraudulent claims in 2025, a trade body said Tuesday, as it warned about the growing role of artificial intelligence in financial crime.
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October 05, 2026
Motor finance lenders and a consumer advocacy body labeled the Financial Conduct Authority's redress program as fundamentally flawed at the Upper Tribunal on Monday, with some asking to allow expert witnesses to challenge the assumptions.
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October 05, 2026
JPMorgan Securities and JPMorgan Chase Bank have agreed to a cease-and-desist order and a censure from the U.S. Securities and Exchange Commission to resolve claims that the firms allowed a person who was statutorily disqualified due to a violation in the U.K. to effectuate security-based swap transactions.
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October 05, 2026
The sellers of a software developer have denied concealing its business with sanctioned Russian entities including Sberbank and Gazprombank ahead of the developer's $53 million sale, arguing that the relationships were "expressly" disclosed to the buyer during due diligence.
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October 05, 2026
A fraudster who fled the U.K. before being sentenced for his role in a £1.7 million ($2.2 million) money laundering scheme has finally been sent to prison 15 years after the offenses, City of London Police has said.
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October 05, 2026
A Russian state-owned boat-leasing company has won a $40 million claim against four Cypriot businesses that failed to meet their obligations as guarantors of charters wrongly terminated after Russia invaded Ukraine.
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October 05, 2026
Meta, X and TikTok urged a London court on Monday to strike down "extremely onerous" demands from the communications watchdog for data on their content moderation, in a major test of the regulator's information-gathering powers under the Online Safety Act.
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October 05, 2026
The government will retain plans to allow judge-only trials for complex and lengthy cases of fraud and financial crime, even though it has rolled back wider jury reforms, ministers have said as they cited the personal and financial burdens placed on jurors.
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October 02, 2026
A City law firm was wrongly held liable for assisting a £7 million ($9.3 million) fraud because a lower court treated failures to properly scrutinize its clients as evidence of dishonesty, an appeals court ruled Friday.