Corporate Crime & Compliance UK

  • June 18, 2026

    FCA Turns To Early Action As AI Speeds Financial Crime

    The financial regulator has said that it is increasingly using supervisory powers and early intervention to prevent harm before launching formal investigations as technological advances and AI accelerate financial crime.

  • June 17, 2026

    Danish Financier Denied Tax Appeal For Missing Deadline

    A Danish financier and his company can't appeal a decision over a tax bill of over £866,000 ($1.2 million) despite his claim that they face a 200% tax rate, a London tribunal ruled, saying he had no good reason for missing a previous appeal deadline.

  • June 17, 2026

    Lawmakers Table Twin Anti-SLAPP Bills After Reform Delays

    A Conservative lawmaker was set to introduce a private member's bill in the House of Commons on Wednesday aimed at expanding protection against strategic lawsuits against public participation, known as SLAPPs, a day after similar measures were proposed in the House of Lords.

  • June 17, 2026

    Travel Tech Co. Hit With Record £1M Russian Sanctions Fine

    The U.K. government hit travel business Sabre Global Technologies Ltd. with a record £1 million ($1.34 million) fine for repeatedly breaching Russian sanctions by providing services to a sanctioned Russian airline.

  • June 17, 2026

    Former OPEC Head Acquitted In London Bribery Trial

    A former Nigerian oil minister and two alleged associates were cleared by a London jury on Wednesday of accepting or seeking bribes from energy executives.

  • June 17, 2026

    Sweden's Ikano Bank Fined $14.9M For AML Violations

    Sweden's financial services regulator said Wednesday that it had hit Ikano Bank AB with a 140 million Swedish kronor ($14.9 million) fine for violating anti-money laundering regulations.

  • June 17, 2026

    Visa Sued By H&M, Eurostar In Latest Swipe Fees Case

    More than 30 major businesses and institutions including H&M, Heineken and a university have sued Visa at a London court, alleging that the payment card company's fees and rules restricted competition and drove up prices.

  • June 17, 2026

    Audit Watchdog Revamps Enforcement Kit For Early Detection

    The accounting regulator said on Wednesday that it will go ahead with proposals to improve its approach to enforcement, setting out new options such as publishing cases it has pursued, which it said would offer it a "broad and more flexible range of routes to resolution."

  • June 16, 2026

    KC Defends Gardener Trust Deal In £2M Evasion Trial

    A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) argued Tuesday that his former gardener perfectly understood that an agreement to be compensated for his services via a trust was not binding.

  • June 16, 2026

    Rathbones Halts New High-Risk Clients After FCA Review

    Wealth manager Rathbones Group PLC said Tuesday that it has paused onboarding new clients that require enhanced due diligence after a regulatory review identified areas of improvement for its consumer duty implementation and certain compliance, oversight and assurance arrangements.

  • June 16, 2026

    Fitch Accused Of Inflating Debt Ratings Before 2008 Crash

    Fitch Ratings secretly adjusted its credit rating models in the run-up to the 2008 financial crisis to generate artificially high credit ratings for complex debt investments, motivated by a desire to grow its revenues, an investment firm said in its latest claim against a major rating agency. 

  • June 16, 2026

    Chinese Cos. Save Patent On Banknote Security Strip

    Two Chinese companies have convinced European appellate officials to revive their patent for an embedded security strip used on banknotes and credit cards, handing a loss to a security firm and plastics maker that argued its anti-counterfeiting magnetic strip wasn't new.

  • June 16, 2026

    Russian Shadow Fleet Ship Captain Charged Over Sanctions

    Prosecutors have charged the captain of a Russian shadow fleet oil tanker with circumventing the U.K.'s sanctions after the vessel was seized by special forces in the English Channel on Sunday.

  • June 16, 2026

    FCA Eyes Higher Fines After Setbacks In Staley Case

    The financial regulator has said it plans to hike the fines it imposes on individuals for misconduct following a series of legal setbacks that slashed its sanctions against senior executives. 

  • June 15, 2026

    OnlyFans Software Platform Denies Breaching Antitrust Laws

    An OnlyFans software platform has denied a rival company's claim that it breached competition law by failing to make user data readily available, telling a London court that it was under no obligation to do so.

  • June 15, 2026

    Disqualified Director Jailed For £3M Fraud, Money Laundering

    A company director has been sentenced to four years in prison for diverting more than £3 million ($4 million) through an insolvency fraud and money laundering scheme, the Insolvency Service said.

  • June 15, 2026

    KC Says He Was Entitled To Cut Tax Bill In £2M Evasion Case

    A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) told a court on Monday that he was "morally entitled" to pursue a strategy to reduce his tax liability.

  • June 15, 2026

    Tech Firms Urged To Pay Up As UK Fraud Hits £1.3B

    Technology and telecoms companies should be forced to join banks in compensating consumers for payment fraud, the body representing financial institutions in the U.K. said on Monday, as it revealed that criminals stole £1.28 billion ($1.72 billion) in 2025.

  • June 15, 2026

    Pensions Regulator Adds 3 Senior Execs To Its Board

    The government said Monday that it has appointed three new members to the board of the pensions watchdog in a move to bolster its leadership ahead of sweeping reforms that are set to reshape the retirement sector.

  • June 12, 2026

    Businessman Unable To Unmask Source For High-Risk Listing

    A Chinese businessman suspected of financial crime linked to his U.K. property interests lost a bid on Friday to force a London Stock Exchange Group unit to explain how his name appeared on a database of high-risk individuals.

  • June 12, 2026

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

    The past week in London has seen the FCA bring a claim against a fund manager it accused of providing investment services despite having been banned, an Ardmore unit sue a contractor two days before the construction group's collapse, and shipping and cruise giant MSC hit back at an entertainment company following separate intellectual property litigation in the U.S. Here, Law360 looks at these and other new claims in the U.K.

  • June 12, 2026

    4 Members Of £23M Crypto Money Laundering Ring Jailed

    The leaders of a £23.4 million ($31.3 million) money laundering ring that cleaned money for Irish and Kurdish organized criminals were sentenced to a total of more than 27 years' imprisonment at a London court Friday.

  • June 12, 2026

    Drinks Co. Says $1.1M Wine IP Battle Judgment Won By Fraud

    A U.K. drinks business has accused an American beverage brand creator of obtaining a $1.1 million U.S. court judgment by fraud in a dispute over the British company's purchase of a wine brand.

  • June 12, 2026

    City Police Launch Crackdown On Travel Insurance Fraud

    The U.K.'s financial crime police force said it had arrested a man who had faked his own death to support a fraudulent insurance claim, as part of a national fraud crackdown.

  • June 12, 2026

    Ex-Defense Executives Can Be Named In Bribery DPA Docs

    Former executives at a British defense contractor can be named as part of a corporate bribery settlement owing to the public interest in identifying them, a London judge has ruled, in a potentially precedent-setting legal decision for open justice published Friday.

Expert Analysis

  • 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.

  • How GCs Can Protect Cos. From Geopolitical Headwinds

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    Geopolitical uncertainty is perceived by corporate leaders as the biggest short-term threat to global business, but many of the potential crises are navigable if general counsel focus on what is being said about a company and what the company is doing, says Juliet Young at Schillings.

  • What BT Ruling Will Mean For UK Class Actions

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    The Competition Appeal Tribunal’s recent dismissal of a £1.3 billion mass consumer claim against BT, the first trial decision for a U.K. collective action, reminds claimants and funders of the high bar for establishing an abuse, and provides valuable insight into how pending mass consumer cases may be resolved, say lawyers at Ashurst.

  • Navigating PRA's Data Request For Crypto-Asset Exposure

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    The Prudential Regulation Authority’s recent data request for details on financial institutions' crypto-asset exposures should be used as an opportunity for firms to update their compliance procedures, and consider the future use of crypto-assets and related services, says James Wickes at RPC.

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