Corporate Crime & Compliance UK

  • September 09, 2026

    Citi Fine Warns Firms To Stress-Test Sanctions Controls

    Citibank's fine for violating the U.K. sanctions regime shows that the enforcer will punish companies for serious breaches even if there was no intent to break the rules, underscoring the need for firms to stress-test their screening systems, lawyers say.

  • September 09, 2026

    EasyJet Sued For $72M For Abandoning Jets Over Sanctions

    EasyJet has been hit with a $72 million claim by the liquidators for the Irish arm of a Russian aircraft lessor, who allege that the airline "abandoned" six aircraft and stopped paying rent.

  • September 09, 2026

    Met Police Probes Reform UK Over Alleged Donation Offenses

    The Metropolitan Police has launched a criminal investigation into Reform UK linked to allegations made in a Channel 4 News report that the party breached donation rules. 

  • September 09, 2026

    Roman Abramovich Loses 3rd EU Sanctions Challenge

    Roman Abramovich failed on Wednesday in his third attempt to lift European Union sanctions against him after a court ruled that the billionaire was designated over activities "providing substantial revenue" to Russia.

  • September 08, 2026

    Biotech Company Pays £7.4M To Settle Russia Export Breach

    The U.K. arm of an international genome sequencing company has paid a record £7.4 million ($10 million) for breaching export controls after it admitted to supplying sanctioned goods to Russia, HM Revenue & Customs said Tuesday.

  • September 08, 2026

    CMA To Work With MoD In Fight Against Bid-Rigging

    The U.K.'s competition regulator said Tuesday it is exploring whether Ministry of Defense procurement data could help tackle bid-rigging in defense supply chains, as it urged the government to make more procurement data available to tackle suspected cartels.

  • September 08, 2026

    Potanin Wins Rusal Disclosure Fight Over Russian Data Law

    One of Russia's richest men won a fight over disclosure of documents Tuesday, in litigation involving the alleged defrauding and mismanagement of a nickel miner, when a London judge found that Russian law required personal data in disclosed documents to be redacted.

  • September 08, 2026

    Wider FCA Misconduct Reference Rules Set To Spur Litigation

    Finance firms are bracing for a surge in disputes over obligatory references after non-financial misconduct rules were extended to 37,000 non-bank firms, legal experts say.

  • September 08, 2026

    FCA Warns Of Risks In National Defense For Regulated Sector

    The Financial Conduct Authority has warned that financial firms have gaps in identifying shared risks and dependencies that could leave the sector exposed to rising geopolitical and defense threats.

  • September 08, 2026

    City Firm Denies Dishonestly Aiding £7M Property Fraud

    A City law firm urged an appeals court Tuesday to overturn a ruling that it dishonestly assisted a £7 million ($9.5 million) fraud, warning that the decision risks turning negligent legal work into dishonesty.

  • September 08, 2026

    FCA Axes Firm's AML Registration Over Ignored Info Demands

    The Financial Conduct Authority has said that it has canceled a financial services company's registration for anti-money laundering purposes after it ignored the regulator's "numerous attempts" to obtain information.

  • September 07, 2026

    Ex-Director Denies Scheme To Poach Key Clients

    A former facilities management director has denied exploiting sensitive financial information in an effort to poach clients for a competitor, arguing that the business has failed to demonstrate it lost money as a result. 

  • September 07, 2026

    Irish Aircraft Leasing Cos. Settle Stranded Russian Plane Row

    Three entities linked to the Awas aircraft leasing group have settled part of their more than £85 million ($115 million) lawsuit with two Lloyd's of London insurance syndicates over payments linked to planes stranded in Russia after the country's invasion of Ukraine in 2022.

  • September 07, 2026

    FCA To Meet With MFS Creditors Over Barclays Probe Request

    The Financial Conduct Authority will meet with creditors that have called on the regulator to investigate Barclays Bank and its conduct in connection with the collapse of Market Financial Solutions Ltd., a person familiar with the matter told Law360 Monday. 

  • September 07, 2026

    Deutsche Bank Settles Ex-Employee's Monte dei Paschi Claim

    Deutsche Bank AG said Monday that it has settled a €152 million ($176 million) claim that a former employee had brought against it in Frankfurt over his wrongful conviction linked to an Italian banking scandal.

  • September 07, 2026

    Ex-Brokers Fight FCA Ban For Misusing Client Funds

    Two former insurance brokerage directors urged a tribunal on Monday to overturn a decision to ban them from working in financial services, arguing that the regulator had been wrong to rely on judicial findings they had engaged in fraud over the sale of their brokerage.

  • September 07, 2026

    City Of London Police Reports 395% Rise In AI Fraud

    City of London Police has said its first Report Fraud annual assessment, produced for the 2026 financial year, showed a 395% rise in the use of artificial intelligence behind scams, most often in investment fraud.

  • September 07, 2026

    Barrister Imprisoned For Helping To Plot Gang Revenge Attack

    A criminal defense barrister was sent to prison on Monday for encouraging a client to "kick the fuck out of" a rival gang member in revenge over a gun attack.

  • September 04, 2026

    Tribunal Backs Whistleblower Claims Fintech Misled HMRC

    An employee at a global payments platform who claimed she was fired for blowing the whistle on improper practices, including misleading HM Revenue and Customs, had indeed made a number of protected disclosures, a tribunal ruled Friday.

  • September 04, 2026

    SFO Ends ENRC Scandal Saga But Must Avoid Past Failings

    Although the Serious Fraud Office's settlement with ENRC closes an uncomfortable chapter that the agency insists cannot recur, lawyers say its real test is whether it can stop the weaknesses exposed by the scandal from returning again.

  • September 04, 2026

    Russia Gold Miner Liquidation Rights Transfer Gets Court OK

    A Dubai-based company has won proceeds from the $200 million liquidation of Russian gold miner Petropavlovsk PLC when a London judge ruled Friday this would not breach sanctions legislation.

  • September 04, 2026

    Insurance Scam Gets Man 4.5 Years Over £300K Fake Claims

    A London court has sentenced a man to 4.5 years in prison after he fraudulently claimed more than £300,000 ($405,700) in a string of fake travel medical claims, a division of City of London Police said Friday. 

  • September 04, 2026

    FCA Plans Rule Changes To Ease Consumers' Crypto Access

    The Financial Conduct Authority proposed Friday to defer some rules for its new crypto regime to prevent disruptions to crypto-assets that are already available to retail investors.

  • September 04, 2026

    Barclays Can't Nix £38M Claim Over Ponzi Scheme Red Flags

    Barclays failed Friday to strike out a £37.8 million ($51 million) claim by the liquidators of Denaro (UK) Ltd., which alleges that the bank failed to protect it from payments linked to a Ponzi scheme run by Denaro's directors.

  • September 04, 2026

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

    The past week in London has seen institutional investors file new claims against British American Tobacco and Entain, Jellycat sue multiple British retailers in the patent court, and Shoosmiths LLP targeted in a claim by a property developer.

Expert Analysis

  • 2025 UK Merger Reforms Simplify Path For Deals

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    Dealmakers should laud the 2025 reforms in the U.K. merger control and investment screening landscape, as the Competition and Markets Authority’s renewed focus on economic growth — and on implementing more flexible, streamlined and hands-off procedures — makes planning transactions a more predictable process, say lawyers at Akin Gump.

  • Train Ticket Class Action Shows Limits Of Competition Law

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    The Competition Appeal Tribunal's recent judgment in Gutmann v. London & Southeastern Railway, Govia Thameslink Railway and First MTR South Western Trains Ltd. restates the important principle that a high bar is required to demonstrate an abuse of dominance, providing welcome clarification for consumer-facing businesses that competition law is not intended to serve as a general vehicle for consumer protection, say lawyers at Freshfields.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • CMA's Leniency Guide May Change Self-Report Calculus

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    The Competition and Markets Authority's updated leniency guide introduces significant changes to bolster cartel enforcement, with incentives to early self-report that will be welcomed by businesses, but the weighty specter of potential class actions could greatly outweigh the discount on administrative fines, say lawyers at Cooley.

  • Why EU's FDI Screening Proposals Require Careful Balance

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    The European Commission’s proposals to harmonize EU foreign direct investment screening regimes at the member state level require a trilogue between the commission, Parliament and council, which means political tensions need to be resolved in order to reach agreement on the five key reforms, say lawyers at Arnold & Porter.

  • Fashion Giants' €157M Fine Shows Price-Fixing Not In Vogue

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    The European Commission’s recent substantial fining of fashion houses Gucci, Chloé and Loewe for resale price maintenance in a distribution agreement demonstrates that a wide range of activities is considered illegal, and that enforcement under EU competition law remains a priority, says Matthew Hall at McGuireWoods.

  • OFSI Proposals Signal Greater Focus On Enforcement Activity

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    The Office of Financial Sanctions Implementation’s proposed financial sanctions reforms, with risks of higher penalties and more stringent disclosure requirements for U.K. banks and companies, reflect the agency’s evolution into a more sophisticated and robust enforcement regulator, says Irene Polieri at Gibson Dunn.

  • How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach

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    The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.

  • UK Getty Ruling Tests Balance Of IP Rights And AI Industry

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    The recent Getty Images v. Stability AI High Court decision, rejecting copyright claims while upholding limited trademark infringement, will influence the creative community and U.K. artificial intelligence industry alike, and the training of AI models in the U.K. is still a risk, say lawyers at Powell Gilbert.

  • Takeaways From Landmark UK Ruling On Brazil Dam Collapse

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    The High Court found BHP liable for a Brazilian dam collapse that resulted in a major environmental disaster, showing that England remains open for complex transnational environmental claims and providing a road map for other mass claims that are sure to follow this case, says Josep Galvez at 4-5 Gray's Inn Square.

  • Navigating Compliance As EU Cybersecurity Rules Evolve

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    One year after the European Union’s Network and Information Systems Directive 2 took effect, in-scope organizations are encountering mounting pressure to meet new cybersecurity standards, and national variations are creating additional challenges for companies that operate across multiple EU jurisdictions, say lawyers at Goodwin.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

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    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • UK Tribunal's Clearview Decision Expands GDPR Application

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    The Upper Tribunal’s recent decision in Information Commissioner v. Clearview AI is an important ruling on the extraterritorial reach of the European Union and U.K. General Data Protection Regulations, broadening behavioral monitoring to include not only activity by the company, but also its client, says Edward Machin at Ropes & Gray.

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