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Corporate Crime & Compliance UK
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September 17, 2025
Funder Says Businessman Colluded To Overturn Asset Case
A litigation funder told a London court on Wednesday that a businessman should not be allowed to participate in proceedings seeking to enforce an asset recovery judgment, because he allegedly improperly colluded with a convicted fraudster to overturn the outcome of past litigation.
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September 17, 2025
FCA Unveils Tough Proposed Rules For Crypto Firms
The Financial Conduct Authority set out Monday its proposed crypto-assets regulatory regime, with some wider reach than its rules for other sectors like banking or insurance to address technological exposures.
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September 17, 2025
Duty Of Candor Could Be Transformative, But Doubts Remain
The government's bid to enshrine a duty of candor in public office could be transformative in compelling authorities to be more transparent, but legal experts have expressed doubts about how effective enforcement will be.
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September 17, 2025
Ex-Consultancy Execs Liable For £2.4M Over Misleading Sale
A Birmingham court has ordered the former owners of a technology consultancy to pay more than £2.4 million ($3.3 million) in damages for selling the company under the misleading impression that some of its client contracts were more profitable than they really were.
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September 17, 2025
Sexual Harassment Calls To Acas Up 39% After Law Change
Inquiries to the U.K.'s workplace disputes mediator about sexual harassment have grown by 39% following a law change requiring employers to take steps to shield their staff, data released on Wednesday revealed.
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September 17, 2025
Gambling Co. To Pay £360K Over AML, Social Duty Breaches
An online gambling business has agreed to pay a £360,000 ($491,400) settlement after an investigation by the Gambling Commission uncovered failings in social responsibility and anti-money laundering measures within the company.
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September 16, 2025
Gov't Says Hillsborough Law Won't Drive Up Prosecutions
A new offense that would make it a crime for officials to mislead the public is unlikely to drive future prosecutions or target authorities not already liable under the existing law, according to a Home Office report published Tuesday.
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September 16, 2025
Pogust Goodhead Reshuffles Team Leading £36B BHP Case
Pogust Goodhead has had to reshuffle its team on the BHP class action trial after its lead lawyer on the £36 billion ($49 billion) claim moved to another case and the partner overseeing its Dieselgate litigation left the firm.
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September 16, 2025
Insurer Can't Duck $6M Bond Payout Over Ghana Power Plant
A London court ordered a Ghanaian insurance company on Tuesday to pay a subsidiary of Greek industrial conglomerate Metlen almost $6.3 million for wrongly refusing to pay up under a bond the insurer claimed was obtained by fraud.
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September 16, 2025
Barrister Faces BSB Probe Over Fake Case From ChatGPT
A barrister who allegedly misled a tribunal by submitting a fictitious case generated by ChatGPT has been referred to the Bar Standards Board.
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September 15, 2025
Gov't Introduces 'Duty Of Candor' Law For Public Officials
The British government introduced landmark legislation on Monday to create a legal duty of candor for public officials, and criminal sanctions for those who mislead the public, to change the "culture of cover-ups" surrounding disasters and scandals.
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September 15, 2025
AerCap Wants £81M Costs From Insurers In Missing Jets Case
Aircraft leasing giant AerCap is seeking £81 million ($110 million) in costs in the mammoth dispute over hundreds of aircraft stranded in Russia after the 2022 invasion of Ukraine, according to filings for a London court hearing that began on Monday.
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September 15, 2025
Tech Co. Denies Ex-Directors' Claim Of Share Sale Conspiracy
A telecommunications technology company has denied owing its former directors more than £8 million ($11 million) for allegedly tricking them into selling their shares for less than their potential value, adding that it never withheld details of a potentially lucrative contract on the horizon.
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September 15, 2025
Banker Sues Saudi Magnate Over £14M Shares Transfer
A Tunisian-Swiss investment banker has sued a Saudi tycoon for 53 million Saudi riyals ($14 million), alleging that the Arabian mogul unlawfully transferred shares he held as a nominee for the financier to one of his own businesses.
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September 15, 2025
Electricals Co. Had No Proof Axed Manager 'Authorized Fraud'
A tribunal has held that an electricals distributor unfairly sacked a manager on the grounds that he endorsed a coworker's alleged fraudulent transactions, ruling that there was no proof he had any knowledge of the scandal.
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September 15, 2025
CPS Drops Spy Charges Against Ex-Parliamentary Researcher
The Crown Prosecution Service dropped charges on Monday that accused a former parliamentary researcher and his co-defendant of spying for the Chinese government because of a lack of evidence, weeks before their trial was due to begin.
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September 12, 2025
Off The Bench: NCAA Athlete Ban, WNBA Sun Controversy
In this week's Off The Bench, the NCAA administered permanent bans to three basketball players, and two high-profile politicians warned the WNBA that it could be at risk of violating antitrust laws if it interferes in the sale of the Connecticut Sun.
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September 12, 2025
EU Lets Microsoft Unbundle Teams To Avoid Fine
European Union antitrust officials signed off Friday on Microsoft's plans to offer cheaper Office 365 suites without the Teams collaboration platform in order to avoid a potentially hefty fine for past policies shackling the two services together.
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September 12, 2025
Another Investor Settles In $2.1B Danish Tax Fraud Case
A U.S. investor and two of his alleged pension plans have settled claims by Denmark's tax agency accusing them of participating in a $2.1 billion scheme that fraudulently claimed refunds on tax withheld from stock dividends, with a New York federal court dismissing the allegations.
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September 12, 2025
Glencore Ruling Affirms Disclosure Trumps Prosecution Fears
A recent High Court decision that forced Glencore to hand over documents obtained from a Dutch investigation provides further evidence of the difficulties companies face when they try to resist disclosure in civil proceedings by pointing to the risk of prosecution overseas.
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September 12, 2025
Ankle Tag Co. Says Ex-CEO Forged Docs To Hide Wrongdoing
A British ankle tag maker has accused its former chief executive of forging documents to cover up wrongdoing, adding to its £320 million ($434 million) claim that she hid her interests in the company's shareholders and diverted millions from the business.
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September 12, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen former Master Chef presenter Gregg Wallace sue the BBC, Elon Musk's xAI take legal action against a staff engineer, and fashion mogul Kevin-Gerald Stanford file a fresh claim against Lion Capital-owned Klotho and EY amid a long-running All Saints share acquisition dispute.
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September 12, 2025
Barrister Disbarred Over False Claims About Oxford Degree
A London legal disciplinary tribunal disbarred a King's Counsel barrister on Friday for falsely claiming that he had studied medicine at the University of Oxford when he applied for tenancy at a chambers in 2013.
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September 12, 2025
Class Rep Says £650M Motorola Claim Should Be Opt-Out
The representative of a £650 million ($881 million) collective action against Motorola urged a London tribunal on Friday to certify the unfair pricing case as an opt-out claim, arguing that this would prevent alleged victims from being denied justice.
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September 12, 2025
Travelers Sued For £5.8M Client Funds Lost In Axiom Collapse
A property buyer has sued Travelers for a £5.8 million ($7.9 million) insurance payout under its policy with Axiom Ince, telling a London court that the company had misappropriated his payment for an apartment before collapsing into administration.
Expert Analysis
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M&A Takeaways From 1st EU Foreign Subsidies Merger Ruling
The European Commission’s recent decision on the merger between e& and PFF Telecom is the first to approve a transaction subject to commitments under the Foreign Subsidies Regulation, serving as a helpful guide by confirming that behavioral measures ring-fencing EU activities from the potential effect of third-country subsidies are acceptable, say lawyers at Cleary.
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What New Int'l Treaty Means For Global AI Regulation
Lawyers at Bird & Bird consider how global artificial intelligence regulation will be affected by the first international AI treaty recently signed by the U.S., EU and U.K., as well as its implications for business and several issues that stakeholders should be aware of.
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Factors Driving EU Competition Policy For The Next 5 Years
Teresa Ribera Rodríguez’s recent nomination as the new European Union commissioner for competition prompts questions about policy and enforcement, with goals to enhance competition in business, implement stronger and faster enforcement, and promote and fund decarbonization likely in her sights during a five-year term, say lawyers at Linklaters.
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2 Highlights From Labour's Notable Employment Rights Bill
The Labour government’s recently unveiled Employment Rights Bill marks the start of a generational shift in U.K. employment law, and its updates to unfair dismissal rights and restrictions on fire-and-rehire tactics are of particular note, say lawyers at Covington.
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How Energy Scheme Is Affecting Large Co. Fund Investment
The latest phase of the Department of Energy and Climate Change's Energy Savings Opportunity Scheme implicates funds with investments in large companies by establishing significant and complex changes to the reporting cycle for mandatory assessments, say lawyers at Macfarlanes.
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How Companies House Enforcement Powers Are Growing
Companies House's recently increased ability to assess what material is submitted to the U.K. register of companies, and to proportionately enforce where violations have occurred, may require some degree of cultural shift within many companies, say lawyers at Greenberg Traurig.
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How New Sanctions Office Will Affect UK Trade Landscape
The recent launch of the Office of Trade Sanctions Implementation will help to create a more comprehensive civil enforcement terrain, but the potential for multiple investigations means businesses should reassess their systems to ensure they do not inadvertently incur civil liability, says Julia Pearce at Robertson Pugh.
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FCA Savings Update Focuses On Good Customer Outcomes
The Financial Conduct Authority’s recent cash savings update emphasizes its expectations of firms to deliver fair value to consumers by documenting the rationale for actions at each stage, considering customer communications and demonstrating that potential harms are acted upon, say Matt Handfield, Charlotte Rendle and Caroline Hunter-Yeats at Simmons & Simmons.
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Opinion
Why The UK Gov't Should Commit To An Anti-SLAPP Law
Recent libel cases against journalists demonstrate how the English court system can be potentially misused through strategic lawsuits against public participation, underscoring the need for a robust statutory mechanism for early dismissal of unmeritorious claims, says Nadia Tymkiw at RPC.
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5 Takeaways From UK Justices' Arbitration Jurisdiction Ruling
The U.K. Supreme Court's recent judgment in UniCredit Bank v. RusChemAlliance, upholding an injunction against a lawsuit that attempted to shift arbitration away from a contractually designated venue, provides helpful guidance on when such injunctions may be available, say attorneys at Fladgate.
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FCA's Broad Proposals Aim To Protect Customer Funds
The Financial Conduct Authority’s proposed changes to payments firms’ safeguarding requirements, with enhanced recordkeeping and fund segregation, seek to bolster existing regulatory provisions, but by introducing a statutory trust concept to cover customers’ assets, represent a set of onerous rules, says Matt Hancock at Greenberg Traurig.
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Complying With Growing EU Supply Chain Mandates
A significant volume of recent European Union legislative developments demonstrate a focus on supply chain transparency, so organizations must remain vigilant about potential human rights and environmental abuses in their supply chain and make a plan to mitigate compliance risks, say lawyers at Weil.
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Takeaways From Upcoming Payment Fraud Delay Legislation
Lawyers at Hogan Lovells discuss what to know about new legislation that will allow payment service providers to delay payments when third-party fraud is suspected, and share pointers for providers to consider ahead of the Oct. 30 effective date.
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What New EU Packaging Regulation Will Mean For Companies
The forthcoming Packaging and Packaging Waste Regulation aims to regulate the entire life cycle of products from design to end-of-life waste, and will present particularly challenging deadlines for organizations, especially regarding recyclability and substances of concern, say Marcus Navin-Jones and Ward Overlaet at Crowell & Moring.
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Modernizing UK Trade Settlement Standard: The Road Ahead
Andrew Tsang and Tom Bacon at BCLP consider the rationale and challenges of a potential U.K. trade settlement acceleration, part of an initiative to modernize the financial market infrastructure, and suggest that incorporating distributed ledger technology as a synchronized recording system would facilitate the move.