Corporate Crime & Compliance UK

  • 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.

  • June 11, 2026

    Ex-Bank Chief Admits Role In Odebrecht Tax Evasion Plot

    The former CEO of Austrian lender Meinl Bank AG on Thursday pled guilty in Brooklyn federal court after a yearslong fight over accusations he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government out of more than $100 million in taxes. 

  • June 11, 2026

    Ex-Moelis Banker Avoids Prison After US Trip To Admit Guilt

    A Manhattan federal judge allowed a former Moelis & Co. investment banker to avoid prison Thursday after he voluntarily traveled to the United States to cop to his role in a large insider trading conspiracy that profited from stolen merger secrets.

  • June 11, 2026

    SFO Recovers Extra Proceeds From £8.2M Biofuel Fraud Case

    The Serious Fraud Office secured a £96,000 ($128,000) confiscation order on Thursday against one of seven men who defrauded thousands of investors out of £8.2 million through a sham biofuel company.

  • June 11, 2026

    Lender Gets Possession Over Sanctioned Russian's Home

    A mortgage provider won a dispute Thursday with the sanctioned daughter of Russian arms manufacturer Mkrtich Okroevich Okroyan when a London judge ruled that it can claim her home because she cannot make due payments.

  • June 11, 2026

    S&P Accused Of Inflating Credit Ratings Ahead Of 2008 Crash

    S&P knowingly generated artificially high credit ratings for risky securities to win business before the 2008 financial crisis, an investment company that acquired claims from several Bear Stearns funds alleged in a new court claim.

  • June 11, 2026

    KC In £2M Evasion Case Defends 'Efficient' Tax Setup

    A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) told a court Thursday that he had set up "tax-efficient" arrangements which "anyone with any sense would use."

  • June 11, 2026

    BancTrust CEO To Challenge FCA Fine Over Disclosure Lapse

    The chief executive of an investment bank will challenge a £99,600 ($133,000) fine for allegedly failing to disclose sanctions imposed by U.S. finance regulators and that Venezuelan authorities had frozen his bank accounts, the Financial Conduct Authority said Thursday.

  • June 11, 2026

    2 Men Guilty Of Selling Arms To Libya, Syria, S. Sudan

    Two men who "showed a blatant disregard for international sanctions" were convicted on Thursday of illegally selling arms and military equipment to war-torn countries in Africa and the Middle East, HM Revenue and Customs said.

  • June 11, 2026

    MFS Auditors Probed Following Mortgage Lender's Collapse

    The U.K.'s accounting watchdog opened an investigation on Thursday into the conduct of individuals and firms involved in auditing the books of failed mortgage lender Market Financial Solutions, whose collapse has sparked allegations of a £1.3 billion ($1.7 billion) fraud.

  • June 11, 2026

    Forex Co. Placed In Administration Over Client Money Gap

    The U.K.'s financial services regulator won an order on Thursday putting a currency exchange and international payment processing business into special administration over concerns about a suspected £2.8 million ($3.7 million) shortfall in customer money accounts.

  • June 10, 2026

    KC Says HMRC Tried To 'Cancel' Him In £2M Evasion Case

    A senior tax barrister told a court Wednesday that HM Revenue and Customs prosecuting him for evading almost £2 million ($2.7 million) in tax was its way of "canceling" a person the tax authority found "extremely inconvenient."

  • June 10, 2026

    Property Developer Accused Of £2.3M Rent Fraud

    A company owned by Iranian-American telecoms entrepreneur Bita Daryabari accused a property developer Wednesday of defrauding it out of more than £2.3 million ($3 million) over four years by understating rental income from a luxury apartment.

  • June 10, 2026

    EPPO Wins Bid To Quiz EU Officials Over Hiring 'Irregularities'

    The European Union's fraud prosecutor won its fight on Wednesday to force the bloc's auditing agency to lift confidentiality for 12 officials so they can give evidence to an investigation into recruitment "irregularities" concerning one of the auditor's employees.

  • June 10, 2026

    Class Rep Seeks To Pull Fender CPO Over Funding Shortfall

    A consumer rights lawyer sought on Wednesday to withdraw a proposed class action against Fender, Yamaha and other musical instrument manufacturers, saying she had been unable to secure litigation funding despite years of efforts to pursue resale price maintenance claims.

  • June 10, 2026

    Online Payment Biz Sues Lender Over Account Suspension

    Online payment company QuidPay has sued a digital bank over the decision to suspend its accounts because of alleged fraudulent transactions linked to its clients, and unlawfully retaining millions of pounds.

  • June 10, 2026

    FRC Probes P&O Ferries Adviser For Potential Misconduct

    The U.K.'s regulator for auditors, accountants and actuaries said Wednesday that it had launched an investigation into a member of the profession over information they gave to the auditor of P&O Ferries.

  • June 09, 2026

    EU Orders Meta To Give Rival Chatbots Free WhatsApp Access

    European enforcers ordered Meta Platforms to give rival artificial intelligence chatbots free access to WhatsApp amid an antitrust investigation into the messaging service, despite Meta taking steps to provide access for a fee after previously blocking rival assistants.

  • June 09, 2026

    MPs Want Appeals Route For Judge-Only Complex Cases

    Defendants charged with economic crimes who are facing trial by a sole judge should be allowed to appeal for their case to be heard by a jury, British lawmakers said Wednesday in a pushback against the government's landmark criminal justice reforms.

  • June 09, 2026

    ICC Prosecutor Suspended Amid Misconduct Allegations

    The top prosecutor at the International Criminal Court has been suspended from duty with immediate effect amid reports of alleged sexual misconduct involving a female staffer.

  • June 09, 2026

    Duo Can't Halt Extradition To US Over $22M Phishing Fraud

    Two people accused of participating in a $22 million fraud scheme that allegedly used phishing attacks lost a bid Tuesday to block their extradition to the U.S., with a court rejecting claims they faced inhumane conditions in the country's jails.

Expert Analysis

  • Digital Regulation In EU And UK: The Enduring 2025 Themes

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    With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • Brazil Dam Ruling Highlights Role Of Corporate Accountability

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    The recent High Court judgment in Municipio de Mariana v. BHP concerning the collapse of the Fundao dam establishes a precedent for holding parent companies that exercise significant control and assume responsibility liable for the actions of group entities, notwithstanding their multinational corporate structure, say lawyers at Irwin Mitchell.

  • Freezing Orders Maintain Their Impact 50 Years On

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    Freezing orders, created in Mareva v. International Bulk Carriers 50 years ago, are now a fundamental part of English and Welsh law and a significant weapon in the litigator's armory, considered indispensable by practitioners seeking to obtain enforceable judgments and interlocutory relief on behalf of their clients, say lawyers at Trowers and Hamlins.

  • Decoding Arbitral Disputes: A Paris Ruling Defines Key Limits

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    Though French arbitration law is highly supportive of arbitral autonomy, last week's Paris Court of Appeal judgment annulling a $14.9 billion arbitral award against Malaysia reaffirms that such support is neither unqualified nor blind to defects striking at the very legitimacy of the arbitral process, says Josep Galvez at 4-5 Gray's Inn.

  • EU Businesses Face Uncertainty Amid Sustainability Reforms

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    The European Commission’s sustainability omnibus, due to be approved this month, has brought a year of regulatory upheaval for European businesses, and although the long-awaited scaled-back obligations will provide clarity, a balance between not overburdening reporting companies and the need for data to make sustainable investments must be found, say lawyers at Peters & Peters.

  • SFO Compliance Guide Highlights Early Remediation Is Key

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    The Serious Fraud Office’s first external guidance on evaluating corporate compliance programs serves as an important reminder to organizations to keep their compliance measures under close review from the earliest stages of an internal investigation to mitigate the risk of ongoing and future misconduct, says Tom Grodecki at Cadwalader.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • EU's AI Omnibus Proposal Offers 10 Key Changes For Cos.

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    The European Commission’s recent proposal for an artificial intelligence digital omnibus aims to ease compliance burdens by extending timelines and increasing flexibility, bringing relief for midcaps and small and midsize enterprises, while enhanced cooperation requirements for regulators should reduce administrative duties for businesses, say lawyers at Cooley.

  • Tracking Crypto-Asset Tax Rules In 2025 And Beyond

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    The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.

  • 2025 UK Merger Reforms Simplify Path For Deals

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    Dealmakers should laud the 2025 reforms in the U.K. merger control and investment screening landscape, as the Competition and Markets Authority’s renewed focus on economic growth — and on implementing more flexible, streamlined and hands-off procedures — makes planning transactions a more predictable process, say lawyers at Akin Gump.

  • Train Ticket Class Action Shows Limits Of Competition Law

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    The Competition Appeal Tribunal's recent judgment in Gutmann v. London & Southeastern Railway, Govia Thameslink Railway and First MTR South Western Trains Ltd. restates the important principle that a high bar is required to demonstrate an abuse of dominance, providing welcome clarification for consumer-facing businesses that competition law is not intended to serve as a general vehicle for consumer protection, say lawyers at Freshfields.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

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