Corporate Crime & Compliance UK

  • May 29, 2026

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

    The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.

  • May 29, 2026

    Company Director Jailed For 8 Years Over Ponzi Forex Fraud

    A company director was imprisoned for just over eight years at an English criminal court Friday for his role in Ponzi-style foreign exchange investment fraud scheme worth almost £9 million ($12.1 million).

  • May 29, 2026

    Richard Desmond Cos. Owe Indemnity Costs In Lottery Loss

    Richard Desmond's Northern & Shell and its lottery bidding vehicle have been ordered to pay the Gambling Commission's legal costs on the indemnity basis after losing their £1.3 billion ($1.75 billion) claim that the regulator unlawfully awarded the prestigious National Lottery license.

  • May 29, 2026

    Barrister Fined £3K For Calling Woman A 'Goat Farmer'

    A barrister was fined £3,000 ($4,033) at a London disciplinary tribunal on Friday after she admitted that she had referred to a Pakistani woman as a "little goat farmer" while acting in Crown Court proceedings.

  • May 29, 2026

    Siemens Fined £600K After Employee Left Paralyzed

    Siemens' wind turbine unit has been fined £600,000 ($805,000) after an incident left a worker paralyzed from the waist down.

  • May 29, 2026

    EPPO Probes €18M COVID Recovery Fund Fraud Scheme

    European law enforcers have conducted a string of raids on several individuals, public bodies and companies in Corsica as they investigate a suspected €18 million ($21 million) fraud in subsidies for COVID-19 pandemic recovery.

  • May 28, 2026

    HMRC Got £6.3B In Small-Biz, Individual Probes, Data Shows

    Britain's tax authority recovered £6.3 billion ($8.4 billion) in extra tax from investigations into small businesses and individuals in 2025, up by around £1 billion in a year, according to data released by an accounting services company.

  • May 28, 2026

    FCA Flags Weak Sanctions Controls At Financial Firms

    The Financial Conduct Authority warned regulated financial businesses Thursday they must do more to prevent financial and trade sanctions breaches after it found some weak systems and controls in a review.

  • May 28, 2026

    MFS Boss Can Sell £1.6M Cars Amid £1.3B Fraud Case

    The owner of a now-collapsed mortgage lender accused of systematically plundering £1.3 billion ($1.75 billion) has been granted permission to sell cars including a Ferrari and several Rolls-Royces, according to a court order.

  • May 28, 2026

    Temu Fined €200M By EU For Weak Illegal Goods Checks

    The European Commission hit online retailer Temu with a €200 million ($232.5 million) fine on Thursday after it failed to prevent the sale of illegal and dangerous products on its platform.

  • May 28, 2026

    KC Accused Of Dodging £2M Tax Bill Believed Plan Was Legal

    A senior tax barrister accused of cheating HM Revenue and Customs out of nearly £2 million ($2.7 million) genuinely believed he was using a legal tax strategy, his defense counsel told jurors at his criminal trial in London on Thursday. 

  • May 28, 2026

    BDO Fined £1.3M Over 'Significant' Breaches In NMCN Audit

    The audit watchdog said Thursday that it has fined BDO LLP £1.33 million ($1.78 million) and an audit partner almost £50,000 for serious breaches of rules in their audit of the 2019 annual financial statements of construction group NMCN.

  • May 27, 2026

    Italy Arrests Suspected Leaders Of €78M VAT Fraud

    Italian authorities arrested the suspected leaders of a criminal organization that defrauded European Union governments of more than €78 million ($90.7 million) in value-added taxes on hygiene and household products, the European Public Prosecutor's Office said Wednesday.

  • May 27, 2026

    Abraaj Units Sued For Commercial Fraud By Former Lender

    Mashreq, a former major lender to the collapsed private equity giant Abraaj Group, has sued three Abraaj entities after a London court upheld the bank's claim to a disputed $37 million debt assigned as security for a 2017 loan extension.

  • May 27, 2026

    FCA Monitoring Product Promotions For Misleading Pitches

    The Financial Conduct Authority warned Wednesday that some companies are failing in their responsibilities by approving adverts that are released by non-FCA regulated businesses.

  • May 27, 2026

    East London Borough Named Top UK Insurance Scam Hotspot

    The Insurance Fraud Bureau said on Wednesday that the east London borough of Barking and Dagenham has the highest level of fraudulent motor insurance claims in England, amid a continued year-on-year rise in scams in the U.K.

  • May 27, 2026

    AML Failures Shouldn't Bar Senior Managers, EU Banks Warn

    The Association for Financial Markets in Europe has warned that rules proposed by the EU's banking watchdog must not lead to national regulators finding senior managers unsuitable because of anti-money laundering failings at the company level.

  • May 27, 2026

    Ex-CPS Prosecutor Struck Off After Child Cruelty Conviction

    A disciplinary tribunal struck off a former Crown Prosecution Service prosecutor on Wednesday after finding his convictions for child cruelty and assault had undermined the public's trust and confidence in the solicitors' profession.

  • May 26, 2026

    Revolut Hits Back At Marketer's Fraud Payments Claim

    Revolut has hit back at a tech marketing company's claim against it over transactions made by someone impersonating the online finance company's fraud team, saying that the company had negligently failed to keep its account secure.

  • May 26, 2026

    EU Backs UK Fraud Pact To Boost Data Sharing, Safeguards

    The Home Office said Tuesday that the European Union has joined a U.K.-led international pact to tackle fraud, promising closer co-operation between governments, banks, telecom companies and technology giants to disrupt online scams.

  • May 26, 2026

    Exchange Body Sets Rules For Cos. To Classify As Green

    A global exchange association set out rules on Tuesday for how stock exchanges should classify listed companies in the transition toward a green economy.

  • May 26, 2026

    UK Hits Russian Crypto Networks With New Sanctions

    The government announced a new round of sanctions on Tuesday, aimed at stopping Russia from using cryptocurrency networks and foreign financial systems to evade financial and trade restrictions imposed as a result of the Ukraine war.

  • May 26, 2026

    EU Prosecutors Indict 3 Over €2.5M Grant Fraud

    European Union prosecutors said Tuesday they have indicted a company and three individuals for subsidy fraud and document forgery over an allegedly bogus request for a €2.5 million ($2.9 million) post-earthquake reconstruction grant.

  • May 26, 2026

    Lessor Sues For $28M Jet After Betting Probe Delays Payment

    A Turkish aircraft lessor has sued a property finance company after it allegedly refused to hand over a $27.7 million private jet, this after the arrest of the lessor's former chairman over a football gambling probe delayed payment for the plane.

  • May 26, 2026

    BP Removes Chair Over Standards, Conduct Concerns

    Oil giant BP said Tuesday that it has removed its chair over "serious concerns" about "important governance standards, oversight and conduct."

Expert Analysis

  • 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.

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

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    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

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    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.

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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.

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