Corporate Crime & Compliance UK

  • October 22, 2025

    Apple, Google Found To Hold 'Strategic Market Status' In UK

    Britain's competition enforcer confirmed Wednesday that Apple Inc. and Google LLC's mobile platforms have strategic market status, paving the way for new rules meant to safeguard competition and protect consumers and businesses from harmful practices.

  • October 22, 2025

    UK To Crack Down On Fake Immigration Lawyers

    The Home Office detailed plans to combat abuse in the immigration system on Wednesday by giving authorities new powers to confiscate the profits fake immigration lawyers make from providing unlawful advice.

  • October 22, 2025

    BHP Seeks To Block US Testimony In Pogust Goodhead Row

    BHP urged a judge Wednesday to prevent Pogust Goodhead, which represents thousands of claimants in a £36 billion ($48 billion) trial over a Brazilian dam disaster, from obtaining information from a U.S. court in order to support proposed litigation against the Australian mining giant.

  • October 22, 2025

    Lawyers Could See Probes Double As FCA Takes Over AML

    The decision to make the financial watchdog the sole regulator of AML and counter-terrorist financing for professional services providers could be "tricky" for lawyers in the short term, even as some experts predict it might ultimately help to simplify an overly complex regulatory regime.

  • October 22, 2025

    Russian Billionaire Gutseriev Overturns EU Sanctions

    Russian business executive Mikhail Safarbekovich Gutseriev successfully overturned European Union sanctions on Thursday that had been imposed on him since 2021, when the bloc's top court ruled he no longer did significant business in Belarus.

  • October 22, 2025

    FCA Secures £442M For Consumers, Urges More Co-operation

    The Financial Conduct Authority has said that it secured more than £442 million ($590 million) for investors and consumers through redress arrangements, settlements and civil proceedings in the last financial year, and pressed home the benefits of companies taking responsibility for their mistakes.

  • October 22, 2025

    £1.9B Jaguar Cyberattack UK's 'Most Economically Damaging'

    The cyberattack that hit car giant Jaguar Land Rover in August triggered a ripple effect that cost the U.K. an estimated £1.9 billion ($2.5 billion) due to disrupted supply chains, experts said Wednesday, making it the "most economically damaging" digital incident to ever affect Britain.

  • October 22, 2025

    Online Gambling Biz Platinum Fined £10M Over AML Failures

    The Gambling Commission revealed Wednesday that it has handed a fine of £10 million ($13.3 million) to Platinum Gaming Ltd., the operator of unibet.co.uk, for failures in anti-money laundering and social responsibility measures.

  • October 22, 2025

    Barclays Increases Cash For Car Finance Claims To £325M

    Barclays PLC said Wednesday that it has almost quadrupled the amount it will set aside for an industry-wide motor finance compensation program to £325 million ($433 million), while joining a growing number of lenders criticizing the finance watchdog's approach to redress.

  • October 22, 2025

    Oil Co. Loses £44M Costs Appeal Over Fraud At Top UK Court

    Britain's top court rejected on Wednesday an attempt by an energy company to change the currency of its £44 million ($59 million) costs bill after it committed fraud, with the justices calling the dispute a "sorry tale involving human greed and corrupt practices."

  • October 21, 2025

    UK Enforcer Backs Private Immunity For Reporting Cartels

    Britain's competition enforcer told the government Tuesday that leniency applicants who are the first to report cartel activity should be afforded full immunity from damages under the collective actions regime to help boost enforcement efforts.

  • October 21, 2025

    LC&F Sues Over £20M Transfers Linked To Ponzi Scheme

    The administrators of Ponzi scheme bond company London Capital & Finance have sued a payments processing business, accusing it of negligently allowing more than £20 million ($26.8 million) to be diverted from LC&F to the defunct investment firm's former directors and others.

  • October 21, 2025

    Ex-Police Chief Charged With Fraud And Misconduct In Office

    The Crown Prosecution Service revealed Tuesday that a former police chief constable has been charged with fraud and misconduct in a public office after allegedly lying about his military career and education when applying to work for the police.

  • October 21, 2025

    Doctor Claims His Signature Was Forged In £5M Loan Dispute

    A doctor accused of owing almost £5 million ($6.7 million) over outstanding payments on an investment loan has told the High Court that his signature on the loan documents were forgeries and that he had no knowledge of loan agreements being made.

  • October 21, 2025

    Ex-Luxury Perfume Boss Denies Violating Russian Sanctions

    The former boss of a luxury perfume group has denied breaching his duties by violating Russian sanctions, saying the company was aware of its ongoing business in Russia and the claim is a "contrivance" to justify his removal as chief executive.

  • October 21, 2025

    FCA To Take Reins Of AML Regulation From SRA

    The government said Tuesday that the Financial Conduct Authority will become the sole regulator of anti-money laundering and counter-terrorism financing for professional services providers, slashing the supervisory role of the Solicitors Regulation Authority and other industry watchdogs.

  • October 20, 2025

    Firms In 'Purgatory' As Regulators Respond To Mazur Fallout

    A recent court ruling that trainees and paralegals cannot conduct litigation, even under supervision, has left some firms "in purgatory" as they grapple with a judgment that, lawyers warn, could make swathes of work unviable.

  • October 20, 2025

    HBOS Fraud Victims Hit Gunnercooke With Negligence Case

    A family driven into bankruptcy by a £245 million (£329 million) fraud against HBOS are suing Gunnercooke LLP, alleging that the firm caused them to lose more than £4 million by bungling a settlement with their bankruptcy trustee.

  • October 20, 2025

    Directors Jailed For £20M Fraud Involving Fake VAT Claims

    Six company directors were sentenced Monday for their role in a £20 million ($27 million) tax fraud involving a wholesale electrical appliance business that deliberately understated how much value-added tax was owed to HM Revenue and Customs.

  • October 20, 2025

    Mex Group Wins Partial Costs In Complex Fraud Case

    A London judge has ended trading services provider MultiBank's contempt battle with a Luxembourgish investment company director for failure to disclose his assets for a freezing order, ruling that there were "reasons to doubt" it had an arguable case.

  • October 20, 2025

    Solicitor Fined For Missing Fraud, Money Laundering Signs

    A solicitor who admitted missing signs of potential fraud and money laundering when carrying out property transactions on behalf of two lenders was fined £15,000 ($20,000) by a tribunal on Monday.

  • October 20, 2025

    UK Retailers Add To £675M Salmon-Farming Cartel Claim

    A group of major U.K. supermarkets has added a new part to its £675 million ($905 million) cartel claim against salmon producers, according to an entry on an online filing system that has now been made public.

  • October 20, 2025

    FCA Flags Money Laundering Risks At Corporate Finance Cos.

    One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.

  • October 20, 2025

    Secure Trust Bank Sets Aside £21M For Car Finance Claims

    London-listed lender Secure Trust Bank PLC said Monday that it plans to increase the amount it sets aside for an industry-wide motor finance compensation program to £21 million ($28 million), as it criticized the finance watchdog's approach to redress.

  • October 17, 2025

    CPS Thrown Into Uncharted Waters By Spy Trial Collapse

    The government's decision to publish full witness statements from an abandoned spying trial in an attempt to draw a line under the political furor has surprised former officials and white-collar lawyers, who say it throws the Crown Prosecution Service into uncharted waters.

Expert Analysis

  • EU Report May Influence Regulation Of Decentralized Finance

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    The European supervisory authorities’ recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.

  • 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.

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