Corporate Crime & Compliance UK

  • July 23, 2026

    Financial Firm Not Liable For Authorized Push Payment Fraud

    A London appeals court ruled Tuesday that Moorwand Ltd. is not liable for £160,000 ($213,000) lost in an authorized push payment scam because the payment services provider had no reason to suspect the transfer instructions were fraudulent.

  • July 23, 2026

    Weightmans, Verisk Launch Insurance Fraud Platform

    Weightmans has launched a new insurance fraud platform in partnership with U.S. risk management company Verisk, saying the technology will help insurers spot suspicious activity sooner and better manage higher-risk claims. 

  • July 23, 2026

    RBS Hit With £73M Claim Over Rockfire Solar Bond Transfers

    A collapsed investment company has sued the Royal Bank of Scotland for more than £73 million ($97 million), accusing the lender of allowing cash earmarked for solar farms to be siphoned off by the company's director.

  • July 23, 2026

    Electrolux Denies Owing £200M Over Failed Partnership

    Electrolux has denied causing a startup to lose more than £200 million ($266 million) amid their failed home appliance development partnership, telling a London court that it did not misuse any of its opponent's confidential information.

  • July 23, 2026

    FCA To Ban Father, Son From Finance After Fraud Trial

    The City regulator said Thursday it has decided to ban a father and son from U.K. financial services after a London court found they had engaged in fraud and misused client money in the sale of an insurance brokerage.

  • July 23, 2026

    Audit Watchdog Handed Out £18.2M In Sanctions In 2025

    Britain's audit regulator said Thursday it imposed financial sanctions worth £18.2 million ($24.3 million) in the financial year that ended in March — up from the £14.5 million it issued in the preceding 12 months. 

  • July 23, 2026

    Google Fined €890M By EU For Restricting Competition

    The European Union fined Google owner Alphabet Inc. a total of €890 million ($1.04 billion) on Thursday after finding that the U.S. technology giant unfairly favored its own services in search results and restricted app developers from directing users to cheaper options.

  • July 22, 2026

    Ex-Southern Water CEO Charged With Fraud Over Water Tests

    Southern Water's former chief executive and three former senior managers have been charged with conspiracy to defraud over allegations that they conspired to manipulate water quality tests to avoid tens of millions of pounds in fines, prosecutors said Wednesday. 

  • July 22, 2026

    SRA Defends Access To Privileged Files In Carter-Ruck Suit

    The solicitors' watchdog told the High Court on Wednesday that it is not seeking unfettered power to override clients' legal professional privilege, but said limited access to privileged documents is essential if it is to investigate solicitors accused of professional misconduct.

  • July 22, 2026

    FCA Finds Financial Crime Rule Breaches At Asset Managers

    The Financial Conduct Authority raised concerns Wednesday that some asset managers had inadequate financial crime controls in breach of legal requirements and regulatory expectations.

  • July 22, 2026

    Spy Tactic Costs Billionaire Asset Freeze In $415M Fraud Case

    A London appeals court has lifted a worldwide freezing order on a man accused of defrauding a Mexican billionaire out of more than $415 million, ruling that Salinas had obtained privileged information from his opponent's solicitor by "unlawful as well as abusive" means.

  • July 22, 2026

    Lloyd's Says Ex-CEO Breached Rules Over Undisclosed Ties

    Lloyd's of London said Wednesday that former chief executive John Neal had breached the market's conduct rules by failing to disclose a personal relationship with another senior executive.

  • July 21, 2026

    Fintech Says Deutsche Bank Shouldn't Escape Blacklist Suit

    A self-described barter-based payment platform alleging it was improperly placed on an industry blacklist by Deutsche Bank has urged a New York federal judge not to grant the bank's dismissal bid, arguing the German lender has constructed an "unpled 'if ... then' scenario" and asks "the court to assume that it is factual."

  • July 21, 2026

    Ex-Solicitor Says SFO Errors Tainted Tipping Off Conviction

    A former solicitor sought Tuesday to overturn his conviction for tipping off a client about a Serious Fraud Office anti-money laundering investigation, arguing at a London appeals court that disclosure errors in the original trial rendered the process unjust.

  • July 21, 2026

    HMRC Investigating 13 Cos. For Failure To Prevent Tax Fraud

    Britain's tax authority is carrying out 13 investigations into companies over allegations that they failed to prevent the facilitation of tax fraud, with dozens more under review after criticism that the tax authority has been too slow to police big businesses, HMRC said Tuesday.

  • July 21, 2026

    Santander Says £670M AXA PPI Indemnity Isn't Retroactive

    Santander told an appeals court Tuesday it should not pay out £670 million ($896 million) AXA lost when dealing with mis-sold payment protection insurance claims, arguing an earlier judge wrongly found it was liable irrespective of when the policies were sold.

  • July 21, 2026

    How Skadden Beat HMRC's First Sanctions Export Ban Case

    Ryan Junck and Vanessa McGoldrick of Skadden talk to Law360 about the strategy behind the dismissal of the case against the Hauser & Wirth art gallery, the challenges of litigating a first-of-its-kind prosecution and what the judgment means for sanctions enforcement.

  • July 21, 2026

    Alex Norris Takes Justice Brief Amid Jury Trial Reform Fight

    As Alex Norris becomes the first non-lawyer tasked with overseeing the Ministry of Justice in almost a decade, he inherits responsibility for a system strained by court backlogs and contentious reform fights.

  • July 21, 2026

    Carter-Ruck Fights SRA Bid For Privileged Client Files

    Carter-Ruck and businessman Mohamed Amersi urged the High Court on Tuesday to rule that the solicitors' watchdog cannot compel law firms to hand over documents protected by clients' legal professional privilege during misconduct investigations.

  • July 21, 2026

    Property Group Settles £13M Fraud Recovery Claim

    A property development group has settled its claim against a property tycoon's brother who it alleged had transferred his shares from an investment venture to frustrate attempts to recover money funneled from a £13 million ($17.5 million) fraud.

  • July 20, 2026

    HMRC Drafts Rules To Collect More Financial Tax Data

    Britain's tax authority issued draft regulations Monday that would expand data collection on interest income and card sales from banks.

  • July 20, 2026

    Staffing Co. Loses VAT Credit Fight Over Fraud Knowledge

    A construction recruitment company can't recover input value-added tax after a London court held Monday that its director knew or should have known that its supply chain was compromised by fraud and that the transactions giving rise to the input tax credit were related to the fraud.

  • July 20, 2026

    'Devious' Castle Fraud Solicitor Hid Assets, Prosecutor Says

    A solicitor imprisoned for defrauding a client of £10.3 million ($13.8 million) in a sham deal to buy a Scottish castle has enough hidden assets to pay back his victim, a prosecutor told a confiscation hearing Monday.

  • July 20, 2026

    Carter-Ruck Challenge Threatens SRA Misconduct Cases

    Carter-Ruck's upcoming challenge to the Solicitors Regulation Authority's demand for documents that the law firm says are protected by legal professional privilege could reshape how the SRA investigates SLAPPs and the misuse of client funds — even if the regulator wins.

  • July 20, 2026

    Burnham Vows 'Circuit Breaker' Moment As He Becomes PM

    Andy Burnham succeeded Keir Starmer as British prime minister on Monday, pledging to end four decades of private sector-led policy by expanding state control over people's well-being and the economy.

Expert Analysis

  • Russia Sanctions Spotlight: Divergent Approaches Emerge

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    With indications of greater divergence and uncertainty in Russia sanctions policy between the U.K., European Union and U.S., there are four general principles and a range of compliance steps that businesses should bear in mind when assessing the impact of a potentially shifting landscape, says Alexandra Melia at Steptoe.

  • What Santander Fraud Ruling Means For UK Banking Sector

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    A London court's recent judgment in Santander v. CCP Graduate School held that a bank does not owe any duty to third-party victims of authorized push payment fraud, reaffirming the steps banks are already taking to protect their own customers from sophisticated fraud mechanisms, say lawyers at Charles Russell.

  • Fines Against Apple, Meta Set Digital Markets Act Precedent

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    The European Commission's recent fines against Apple and Meta, the first under the Digital Markets Act, send a clear message that the act's reach and influence on regulatory thinking is global, say lawyers at Waterfront Law.

  • FCA Update Eases Private Stock Market Disclosure Rules

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    The Financial Conduct Authority’s recently updated proposals for the Private Intermittent Securities and Capital Exchange System would result in less onerous disclosure obligations for businesses, reflecting ongoing efforts to balance an attractive trading venue for private companies while maintaining sufficient investor protections, say lawyers at Debevoise.

  • Key Questions As Court Mulls Traders' Libor Convictions

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    The U.K. Supreme Court is considering whether to overturn two traders’ Libor and Euribor manipulation convictions, with the appeal reinvigorating debate over the breadth of English common law’s conspiracy to defraud offense and raising questions about the limits of a judge’s role in criminal jury trials, says Ellen Gallagher at Vardags.

  • Foreign Countries Have Strong Foundation To Fill FCPA Void

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    Though the U.S. has paused enforcement of the Foreign Corrupt Practices Act, liberal democracies across the globe are well equipped to reverse any setback in anti-corruption enforcement, potentially heightening prosecution risk for companies headquartered in the U.S., says Stephen Kohn at Kohn Kohn.

  • Code Of Practice Signals Aim To Bolster UK Software Security

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    The U.K. government’s new code of practice for software vendors includes several principles that will help developers and distributors integrate security best practices, but without mandatory adoption, market inconsistencies may emerge, say lawyers at Deloitte.

  • Expect Complex Ruling From UK Justices In Car Dealer Case

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    While recent arguments before the U.K. Supreme Court in a consumer test case on motor finance commissions reveal the court’s take on several points argued, application of the upcoming decision will be both nuanced and fact-sensitive, so market participants wishing to prepare do not have a simple task, says Tom Grodecki at Cadwalader.

  • Why Cos. Should Investigate Unethical Supply Chain Conduct

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    The U.K. government’s recent updated guidance for businesses on reporting slavery and human trafficking in supply chains underscores the urgent need for companies to adopt transparent and measurable due diligence practices, reinforcing the broader need for proactive internal investigations into unethical or criminal conduct, say lawyers at Seladore and Matrix Chambers.

  • FCA Bulletin Highlights Risks Of Leaking Inside M&A Info

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    The Financial Conduct Authority’s recent bulletin on the consequences of leaking sensitive information during transactions, warning that such disclosure may result in market abuse allegations, demonstrates the regulator’s determination to root out and penalize insider dealing, say lawyers at Cadwalader.

  • New Anti-Corruption Task Force Bolsters Int'l Collaboration

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    The recent creation of an anti-corruption task force by the U.K., France and Switzerland demonstrates a commitment to tackling bribery within national and international frameworks, and organizations within these jurisdictions’ remit, including U.S. companies operating in Europe, should review their compliance practices to ensure they address diverging requirements, say lawyers at Skadden.

  • FCA's Regulatory Plans Signal Cause For Cautious Optimism

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    The Financial Conduct Authority’s latest strategy document plans for less intrusive supervision, a more open and collaborative approach, and a focus on assertive action where needed, outlining a vision of deepened trust and rebalanced risk that will be welcomed by all those it regulates, says Imogen Makin at WilmerHale.

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

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    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.

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    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

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    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.

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