Corporate Crime & Compliance UK

  • March 04, 2026

    Police Detain 9, Seize €13.5M In Luxury Car Tax Fraud Probe

    European officials have detained nine individuals suspected of running a tax scam involving luxury cars and seized €13.5 million ($15.7 million) in assets, the European Public Prosecutor's Office said Wednesday.

  • March 04, 2026

    Spies Targeted Hong Kong Dissidents In UK, Prosecutors Say

    Two men accused of spying for China carried out "shadow policing operations" that targeted Hong Kong dissidents living in Britain, a prosecutor told the opening of a criminal trial on Wednesday.

  • March 04, 2026

    Ex-Entain Execs Can't Fight Privacy Claim Against Watchdog

    Two former betting company executives were denied permission on Wednesday to challenge a decision to dismiss their privacy claims against Britain's gambling regulator as a judge said that a redacted version of her judgment would be published before their bribery trial. 

  • March 04, 2026

    Fish Producers Say £382M Cartel Claim Not Worth The Payout

    A group of fish producers accused of artificially inflating salmon prices fought to block a £382 million ($510 million) class action on behalf of U.K. consumers on Wednesday, arguing that potential damages for each consumer would be too low to be worthwhile.

  • March 04, 2026

    Police Federation Officials Held On Suspicion Of Corruption

    Three serving and former senior members of the national body that represents police in England and Wales were arrested on Wednesday on suspicion of corruption over allegations of financial wrongdoing.

  • March 04, 2026

    FCA Plans 3-Month Prep For Motor Finance Redress

    The Financial Conduct Authority said Wednesday that it would streamline the claims process and set a three-month period for businesses to get their systems ready to handle complaints and requests for compensation under its motor finance redress program.

  • March 04, 2026

    John Wood Group Fined £13M For Misleading Statements

    The Financial Watchdog Authority said Wednesday it has hit John Wood Group PLC with a fine of £12.99 million ($17.38 million) after finding that the engineering and consulting business published inaccurate information in its financial results.

  • March 03, 2026

    Reeves Says UK Will Stick With Higher Tax Take Strategy

    Chancellor of the Exchequer Rachel Reeves said Tuesday that the U.K. government will keep its plans to meet its fiscal rules by increasing its tax take despite calls for tax cuts from businesses and concerns over financial stability.

  • March 03, 2026

    UK Lifts Sanctions On British Accountant Over Shadow Fleet

    The U.K. government has revoked sanctions on a British national 10 months after it accused him of procuring vessels for Russia's shadow fleet, his solicitors said Tuesday.

  • March 03, 2026

    Energy Data Co. Settles Supply Cutoff Fight With Startup

    An energy data supplier owned by a consortium of British power companies and an energy startup have settled the dispute that erupted after the data supplier cut off the startup for allegedly passing on data to third parties.

  • March 03, 2026

    Spacey Accusers Seek To Show 'Pattern' In Sex Assault Trial

    Lawyers for three men suing Kevin Spacey for alleged sexual assault urged a London court on Tuesday to allow the evidence of other witnesses who are giving accounts of similar behavior by the actor to be heard at trial.

  • March 03, 2026

    Legal, Audit Bodies Need Tighter AML Controls, FCA Warns

    Legal and accountancy professional bodies are failing to adequately enforce anti-money laundering rules for their member firms, a unit within the Financial Conduct Authority warned Tuesday.

  • March 03, 2026

    Swaths Of Merchants Cut From Swipe Fees Class Action

    Visa and Mastercard can exclude swaths of merchants from collective proceedings over the fees they charge, the Competition Appeal Tribunal has ruled, finding that several categories of claimants were too late to sign up to the class. 

  • March 02, 2026

    HMRC Bags Extra £16B From Big Businesses, Audit Says

    HM Revenue & Customs collected almost £16 billion ($21.3 billion) in extra tax revenue from the biggest businesses in fiscal year 2024-25 after it took a stricter approach to compliance, the National Audit Office found.

  • March 02, 2026

    Dyson Settles Factory Workers' Forced Labor Claims

    A group of workers suing Dyson over alleged forced labor when they made components at Malaysian factories have settled their claim against the electronics manufacturer, their lawyers said Monday.

  • March 02, 2026

    Guernsey Plans To Name Biz Owners To Curb Financial Crime

    The government of Guernsey has floated a plan to open access to ownership data for companies and other legal entities registered on the island, in a bid to combat financial crime.

  • March 02, 2026

    UK's Fair Work Agency Appoints CEO Ahead Of April Launch

    The government said Monday it has appointed the head of a mining remediation body as chief executive of the Fair Work Agency, the country's new labor rights watchdog set to open in April.

  • March 02, 2026

    Motorists Say Carmakers Should Be Liable For Emissions

    Carmakers in Britain have breached the law through the use of technology designed to cheat emissions tests similar to the one that sparked the Volkswagen Dieselgate scandal, lawyers for a group of motorists told the closing submissions of the trial Monday.

  • March 02, 2026

    Yukos Shareholders Win £66B Judgment Against Russia

    Investors in Yukos Oil won their battle with the Russian government on Monday as the High Court ruled that the federation's attempts to quash a £66 billion ($88 billion) judgment in the investors' favor had already been tossed out by lower courts.

  • March 02, 2026

    Customs, VAT Fraud Costing €45B, EU Prosecutors Say

    Cross-border customs and value-added tax fraud are reshaping the criminal landscape in the European Union, with such schemes generating an estimated €45 billion ($52.7 billion) in damage, according to a report published Monday by an independent prosecuting body.

  • March 02, 2026

    Shein Fights To Withhold List Of Top Suppliers In Temu Battle

    Shein asked a London appeals court on Monday to give it a chance to overturn an order compelling it to hand over a list of its top suppliers to Temu in a battle over photo copyright and alleged anticompetitive conduct.

  • March 02, 2026

    SFO Denied Final Chance To Cut $128M From ENRC Damages

    The Serious Fraud Office cannot slash its potential payout to Eurasian Natural Resources Corp. by $128 million over its unsuccessful criminal investigation after Britain's highest court refused to weigh in on the case, the parties confirmed on Monday.

  • March 02, 2026

    CMA Probes Hilton, IHG, Marriot Over Potential Data-Sharing

    The antitrust watchdog said Monday that it has opened a formal investigation into whether three major hotel groups and a data provider illegally shared commercial information that could weaken competition.

  • February 27, 2026

    Four Charged Over Fraudulent COVID Vaccine Records Sale

    The National Crime Agency revealed Friday that four people have been charged over their alleged role in the creation and sale of fraudulent COVID-19 vaccination records during the pandemic.

  • February 27, 2026

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

    This past week in London has seen Linklaters sue a shipping company, high-street clothing giant Urban Outfitters hit with an intellectual property claim, Ithaca Energy sue rival Chrysaor, and cabaret club magnate Alex Proud face legal action with his nightclubs in financial turmoil.

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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