Corporate Crime & Compliance UK

  • July 07, 2025

    FCA Amends Exposed-Persons Definition In AML Guidance

    The City watchdog published amended guidance on Monday on politically exposed persons that loosen the rules for holders of prominent public positions in the U.K., in a bid to make the safeguards more proportionate.

  • July 04, 2025

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

    The past week in London has seen the owner of Crystal Palace and the troubled Olympique Lyonnais football clubs sue its current chief executive John Textor, Fieldfisher faces a claim by Georgian businessman Zaza Okusahvili, and a dispute partner at Travers Smith file a personal injury claim against the firm.

  • July 04, 2025

    Ex-Janus Analyst, Sister Given 11 Years For Insider Trading

    A former City hedge fund analyst and his sister were sentenced by a London judge on Friday to a combined 11 years in prison for insider dealing and money laundering after they traded using confidential information to earn almost £1 million ($1.36 million) illegally.

  • July 04, 2025

    Ankle Tag Investors Deny £320M Conspiracy With Sacked CEO

    Investors in a company which makes ankle tags have denied a £320 million ($437 million) claim that they conspired with the business's ousted chief executive to unlawfully profit from share sales.

  • July 04, 2025

    Pair Gets 12 Years In Prison For £1.5M Crypto-Investment Fraud

    A London judge sentenced two men convicted of fraud to almost 12 years imprisonment on Friday for their involvement in a £1.5 million ($1.9 million) crypto-investment scam that spanned more than two years.

  • July 04, 2025

    Sheikh Must Pay Brothers $240M Each In Inheritance Fight

    The son of an Emirati royal accused of embezzling more than $1 billion from his dead father must give two of his brothers approximately $240 million each for their shares in their father's estate, a London court ruled on Friday.

  • July 04, 2025

    Wider FCA Misconduct Rule Risks Over-Reporting Of Staff

    The rule change proposed by the Financial Conduct Authority on non-financial misconduct for 37,000 companies outside the banking sector will generate pressure on businesses to protectively report employees to the regulator rather than risk later accusations of noncompliance.

  • July 03, 2025

    Fraud Review Finds Early Interest In Whistleblowers

    There is "growing interest" in enlisting whistleblowers to help investigators crack fraud cases following extensive talks with law enforcement officers, prosecutors, judges and defense lawyers, according to a barrister reviewing the controversial topic for the government. 

  • July 03, 2025

    EU Regulators Close Ranks To Fight Money Laundering

    Europe's financial regulators said on Thursday they would work with the bloc's new central anti-money laundering watchdog to ensure the effective exchange of information to combat white-collar crime.

  • July 03, 2025

    Ex-Solicitor Admits Defrauding Clients Out Of £137K

    A former solicitor and part-time judge admitted at a London criminal court on Thursday that he defrauded and stole from more than a dozen clients by appropriating at least £137,000 ($187,000) in payments to himself.

  • July 03, 2025

    Man Denies FCA £3.9M Water Investment Fraud Charges

    A man denied that he took part in a £3.9 million ($5.3 million) water investment scam when he appeared at a criminal court in London on Thursday.

  • July 03, 2025

    Ex-Pensions Ombudsman Urges Gov't To Sustain Funding

    The former head of the Pensions Ombudsman has praised the work of an anti-fraud unit established four years ago after it emerged that the government was pulling funding for the service.

  • July 03, 2025

    Ex-Perfume Boss Can't Ax Claim Over Russia Sales

    A London judge refused Thursday to throw out a claim that accused the former boss of a luxury perfume group of damaging the reputation of his business after he admitted to exporting high-value products to Russia.

  • July 03, 2025

    CPS Nixes Claim From Law Grad Turned Serial Litigant

    A tribunal has thrown out a discrimination claim against the Crown Prosecution Service brought by a law graduate whose persistent legal action recently led a London judge to ban him from making further claims.

  • July 02, 2025

    Oil Biz Seeks To Toss Ex-Directors' Sanctions Breach Defense

    A Singaporean oil company urged a judge Wednesday to throw out allegations that it breached U.S. sanctions on Iran made by its alleged former chief executive, whom it has accused of embezzling €143.8 million ($169.2 million).

  • July 02, 2025

    EU Finance Watchdog Sets Guidelines To Avoid Greenwashing

    European financial services businesses must ensure any claims they make about the sustainability of their financial products or services are accurate, accessible, substantiated and up to date, according to guidance from the bloc's financial watchdog.

  • July 02, 2025

    Hotel Operator Says Ex-Director Stole £800K After Fire Payout

    A hotel operator has alleged that its former director gained unauthorized access to its bank account three years after his resignation and stole almost £800,000 ($1.1 million) after an insurance payout for a fire that destroyed the building.

  • July 02, 2025

    CCRC Chief Resigns Amid Criticism Over Justice Failures

    The head of the body that investigates miscarriages of justice has resigned after 12 years following criticism over damning findings about the mishandling of historic convictions.

  • July 02, 2025

    FCA Extends Bullying, Harassment Misconduct Across Sector

    The Financial Conduct Authority released new rules on Wednesday that extend its regulatory powers to cover "toxic" workplace behavior such as bullying and harassment to non-banking firms.

  • July 02, 2025

    Paralegal Wins £46K After Quitting To Avoid SRA Rules Breach

    A paralegal has won more than £45,000 ($61,000) after a tribunal ruled he was unfairly dismissed by a London law firm, following months in which he felt pressured to work under the supervision of a solicitor banned by the profession's regulator.

  • July 01, 2025

    Creditors Accuse Shipping Biz Of Trying To Evade $309M Debt

    The Norwegian government and three finance companies have sued two Guernsey-based companies and a shipping businessman in a London court, accusing them of fraudulently transferring real estate assets to evade liability for loan defaults.

  • July 01, 2025

    Bank Of Ireland Denies £60M Property Loan Fraud Claim

    Bank of Ireland has denied a £60 million ($83 million) claim that it deceived a real estate investment business into borrowing millions of pounds by giving inflated property evaluations and said the borrower would have taken out the loan anyway because it was such a generous financial package.

  • July 01, 2025

    HMRC Can Collect Tax In Disputed Avoidance Schemes

    A London court ruled that HM Revenue & Customs can collect disputed income tax owed by a group of companies that took part in tax avoidance schemes, even though the authority previously promised to postpone the requests until the disputes were settled.

  • July 01, 2025

    FCA Can Drop £6M Fine In Cum-Ex Case After Danish Pleas

    The Financial Conduct Authority can reverse its decision to fine a cum-ex trader £5.9 million ($8.1 million) to avoid prejudicing Denmark's attempts to claw back the proceeds from an alleged sham trading scheme, a London tribunal has ruled.

  • July 01, 2025

    Traders Banned And Fined For 'Spoofing' Market Manipulation

    A London tribunal has approved fines and bans for three traders totaling £381,000 ($523,000) for market abuse after upholding claims from the Financial Conduct Authority that they dishonestly placed bogus bond orders to manipulate the market.

Expert Analysis

  • How CMA Is Responding To UK Gov't Pro-Growth Agenda

    Author Photo

    With the U.K. government’s recent call for the Competition and Markets Authority and other regulators to better support economic growth, the competition policy landscape is shifting materially toward an emphasis on a more proportionate and targeted approach to merger enforcement, say lawyers at Macfarlanes.

  • US Diversity Policies Present Challenges To UK And EU Cos.

    Author Photo

    Following President Donald Trump’s recent executive orders calling for increased scrutiny of diversity, equity and inclusion initiatives, it is clear that global businesses operating in the U.K. and European Union will need to understand regional nuances to successfully navigate differing agendas on either side of the Atlantic, say lawyers at Jenner & Block.

  • Updated EU Procedure Streamlines Data Transfer Approval

    Author Photo

    The European Data Protection Board’s updated approval procedure for binding corporate rules for transfers of personal data to non-European Union countries promotes consistency for regulator communications during the application process, and sets expectations for processing timelines, say lawyers at Hogan Lovells.

  • What Cos. Must Note From FCA Bulletin On Leaking M&A Info

    Author Photo

    The Financial Conduct Authority’s recent bulletin on strategic leaks in merger and acquisition transactions, as the second such publication in four months, acts as a warning for issuers and their advisers to tighten up their current policies for handling inside information, say lawyers at Herbert Smith.

  • FCA's Odey Decision Is Wake-Up Call For Financial Firms

    Author Photo

    The Financial Conduct Authority recently banned hedge fund boss Crispin Odey from working in financial services, underscoring the critical importance the regulator places on whether individuals are fit and proper to perform regulated activities, and the connection between nonfinancial misconduct and the integrity of the financial markets, say lawyers at Pallas Partners.

  • How Ransomware Payment Reforms Could Affect UK Cos.

    Author Photo

    The Home Office’s recent proposals to ban ransomware payments by publicly owned bodies is a welcome first step in its aims to tackle the cybercrime industry, but the risk remains that hackers will now focus on private companies that are still permitted to pay a ransom, says Dominic Holden at Lawrence Stephens.

  • Key Takeaways From The 2025 Spring Antitrust Meeting

    Author Photo

    Leadership changes, shifting priorities and evolving enforcement tools dominated the conversation at the recent American Bar Association Spring Antitrust Meeting, as panelists explored competition policy under a second Trump administration, agency discretion under the 2023 merger guidelines and new frontiers in conduct enforcement, say attorneys at Freshfields.

  • Rising To The Task Of Online Safety Act Compliance

    Author Photo

    The arrival of the Online Safety Act’s deadlines for all in-scope services and children’s access in March and April, enabling the Office of Communications to begin enforcing safety duties regarding illegal content, presents formidable compliance challenges for affected businesses, says Louisa Chambers at Travers Smith.

  • Google Win Illustrates Hurdles To Mass Data Privacy Claims

    Author Photo

    The Court of Appeal's December decision in Prismall v. Google, holding each claimant in a mass data privacy suit must demonstrate an individualized and sufficiently serious injury, demonstrates the difficulty of using representative action to collect damages for misused private information, say lawyers at Seladore Legal.

  • What To Know About FCA's UK Listing Rules Proposal

    Author Photo

    A recent consultation paper from the Financial Conduct Authority aims to streamline the securities-listing process for U.K.-regulated markets, including by allowing issuers to submit a single application for all securities of the same class, and aligning the disclosure standards for low-denomination and wholesale bonds, say lawyers at Debevoise.

  • Opinion

    UK Gov't Needs To Take Action To Support Whistleblowing Bill

    Author Photo

    With a proposed Office of the Whistleblower Bill making its way through the U.K. Parliament, whistleblowing is starting to receive the attention it deserves, but the key to unlocking real change is for the government to take ownership of reform proposals and appoint an overarching whistleblowing champion, says Baroness Susan Kramer at the House of Lords.

  • Issues To Watch At ABA's Antitrust Spring Meeting

    Author Photo

    Attorneys at Freshfields consider the future of antitrust law and competition enforcement amid agency leadership changes and other emerging developments likely to dominate discussion at the American Bar Association's Antitrust Spring Meeting this week.

  • New UK Short Selling Rules Diverge From EU Regs

    Author Photo

    Although forthcoming changes to the U.K.’s short selling regulatory regime represent a welcome relaxation of restrictions and simplification of reporting processes, participants active in both the U.K. and EU markets will need to ensure compliance with two quite different sets of rules, says Ezra Zahabi at Akin.

  • How New EU Product Liability Directive Will Affect Tech And AI

    Author Photo

    While the European Union’s new defective product liability directive, effective from December 2026, primarily provides clarifications rather than significant changes, it reflects the EU's commitment to addressing consumer protection and accountability challenges presented by the digital economy and artificial intelligence, say lawyers at Latham.

  • What Latest FCA Portfolio Letter Means For Payments Firms

    Author Photo

    Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here