Corporate Crime & Compliance UK

  • April 27, 2026

    Union Mulls Legal Action As Met Deploys AI To Track Officers

    A trade union said Monday that it is considering legal action against the Metropolitan Police over the force's use Palantir's artificial intelligence system to monitor staff and uncover possible misconduct.

  • April 27, 2026

    Dentons Fails To Prevent Rerun Of Watchdog's AML Case

    Dentons failed on Monday to prevent a rerun of allegations that it breached money laundering rules while acting for a politically exposed client, as an appeals court said a new tribunal must decide whether the firm's actions amounted to professional misconduct and what sanction might follow.

  • April 24, 2026

    Tycoon's Son Can't Appeal £3.1M Howard Kennedy Bill

    The son of a diamond tycoon accused of swindling $1 billion from banks has lost his latest bid to challenge his legal bills from Howard Kennedy LLP, as a judge held Friday that he understood his "ongoing liability" from the international fraud case.

  • April 24, 2026

    AI-Led Attacks Are Growing Risk For Finance Cos., FCA Says

    The Financial Conduct Authority said Friday that financial services companies are facing growing risks from artificial intelligence-led attacks and finding it difficult to get senior manager support in developing defenses.

  • April 24, 2026

    Mandelson Investigated By EU Anti-Fraud Office

    The European Anti-Fraud Office revealed on Friday that it has opened an investigation into Peter Mandelson following the release by the U.S. Department of Justice of millions of court documents in connection with Jeffrey Epstein.

  • April 24, 2026

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

    The past week in London has seen a Hong Kong company sue the government and a COVID-19 PPE company linked to Tory peer Michelle Mone, an oligarch bring a fresh claim against a rival in a long-running feud, a rugby league club sue over a canceled mass dance event, and Visa and Mastercard hit with legal action from H&M, Eurostar, and Bang & Olufsen. Here, Law360 looks at these and other new claims in the U.K.

  • April 24, 2026

    Student Can Be Named In $2B Money Laundering Probe

    A student subject to an asset freeze in connection with a $2 billion money laundering investigation can be publicly identified in principle but will stay anonymous pending her right to appeal, a judge ruled on Friday.

  • April 24, 2026

    FCA Leads Global Crackdown On Illegal 'Finfluencers'

    The Financial Conduct Authority said Friday that it has spearheaded a week of global action to stop illegal "finfluencers" who put consumers' money at risk.

  • April 24, 2026

    EU Sanctions 20 More Russian Banks, Crypto, Shipping

    The European Union said Friday that it has hit Russia with a fresh round of sanctions that target financial services, including cryptocurrency companies, as part of a broader package.

  • April 24, 2026

    Father Admits He Misled Sons Amid £5M Row Over Loan

    The father of two brothers accused of owing almost £5 million ($6.8 million) in outstanding payments on an investment loan has admitted that he misled them, but has denied liability for the lender's claimed loss.

  • April 23, 2026

    Tax Barrister Suspended After Failed Libel Claim

    A tax barrister has been suspended from practice until 2027, the bar regulator has said, following the failure of his £8 million ($10.8 million) libel claim against former Clifford Chance LLP partner Dan Neidle.

  • April 23, 2026

    UK Builder.ai Founder Charged In India Over Siphoned Funds

    Indian law enforcement has filed a criminal complaint against the founder of a failed, London-based artificial intelligence tech company, alleging he was "the key beneficiary" of millions of dollars siphoned off a defunct electronics manufacturer.

  • April 23, 2026

    HMRC Defends Court's Power To Resolve Exit Tax Dispute

    A U.K. tribunal didn't overstep its authority by interpreting legislation to allow taxpayers to pay an exit tax in deferred payment plans to comply with the European Union's rights to free establishment, HM Revenue & Customs argued Thursday.

  • April 23, 2026

    Fraud Claims Made Up 15% Of 2025 Court Filings, Report Says

    The number of fraud claims issued in England and Wales for 2025 remained proportionately high, with banking and financial services disputes dominating as the most common subject matter of those claims, according to industry analysis published Thursday.

  • April 23, 2026

    Criteo Unit Seeks £7.5M From Ex-Owners Over Alleged Fraud

    Internet ad broker BidSwitch has sued investors in a communications software provider that it acquired for £7.5 million ($10 million), accusing them of fraudulently inflating the financial position of the company, which led to millions of pounds in losses.

  • April 23, 2026

    WealthTek Clients To Get £19M Compensation From Adviser

    The Financial Conduct Authority said Thursday that investment adviser Sapia Partners LLP has agreed to pay £19.6 million ($26.5 million) to clients of WealthTek, a wealth manager that has since collapsed, after failing to protect client money.

  • April 23, 2026

    Ex-RBS Banker Gets Prison For Soliciting £274K In Bribes

    A Scottish court has sentenced a former Royal Bank of Scotland banker to 21 months imprisonment for soliciting £274,000 ($370,000) in bribes from business clients while working in the bank's Global Restructuring Group in the wake of the 2010 financial crisis.

  • April 23, 2026

    BoE Pushes Banks To Combat Anthropic Mythos-Type AI Risk

    The Bank of England and UK Finance have warned banks and insurers to strengthen their cyber defenses by using artificial intelligence, in response to threats shown by emerging frontier AI models such as Anthropic's Mythos.

  • April 23, 2026

    Deripaska Sues Ex-Biz Partner Chernukhin In Ongoing Feud

    Oleg Deripaska has launched a new High Court claim against Vladimir Chernukhin, his former business partner, in the latest chapter of the long-running bitter legal feud between the two Russian oligarchs.

  • April 22, 2026

    Real Estate Co. Fights Exit Tax On £142M Over Legal Certainty

    A tribunal breached the principle of legal certainty in European Union law by ruling in favor of Britain's tax authority in a dispute over an exit tax on capital gains of £142 million ($192 million), a real estate investment company told a London court Wednesday.

  • April 22, 2026

    Class Rep Seeks To Revive £2.7B FX Claim As Opt-In Action

    A competition law consultant is fighting to relaunch a £2.7 billion ($3.65 billion) class action against major banks over alleged foreign exchange-rigging as an opt-in claim after a tribunal rejected it as an opt-out case.

  • April 22, 2026

    LC&F Solicitor Banned For Backdating Docs To Mislead FCA

    A solicitor found to have abetted a Ponzi scheme that siphoned off millions of pounds from British investors was banned from practicing on Wednesday after a disciplinary tribunal found that he had backdated documents to mislead auditors and regulators.

  • April 22, 2026

    FCA Leads 1st Raids On Illegal Crypto Traders

    The Financial Conduct Authority said Wednesday that it has led its first operation with other enforcement agencies to disrupt illegal peer-to-peer cryptocurrency trading in locations across London.

  • April 22, 2026

    Regulators Cut Burden On Senior Managers In Rule Changes

    The Financial Conduct Authority and Prudential Regulatory Authority set out on Wednesday finalized reforms to the Senior Managers and Certification Regime that will reduce costs and increase flexibility for businesses.

  • April 22, 2026

    SFO Looks Toward Technology, AI Overhaul After Ephgrave

    The goal of the Serious Fraud Office to accelerate its investigations through intelligence-gathering and technology signals that the white-collar agency's new interim director will persist with plans put in place by predecessor Nick Ephgrave after his surprise exit earlier in April.

Expert Analysis

  • 2025 UK Merger Reforms Simplify Path For Deals

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

  • What To Know About FCA's Short Selling Regime Proposals

    Author Photo

    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • CMA's Leniency Guide May Change Self-Report Calculus

    Author Photo

    The Competition and Markets Authority's updated leniency guide introduces significant changes to bolster cartel enforcement, with incentives to early self-report that will be welcomed by businesses, but the weighty specter of potential class actions could greatly outweigh the discount on administrative fines, say lawyers at Cooley.

  • Why EU's FDI Screening Proposals Require Careful Balance

    Author Photo

    The European Commission’s proposals to harmonize EU foreign direct investment screening regimes at the member state level require a trilogue between the commission, Parliament and council, which means political tensions need to be resolved in order to reach agreement on the five key reforms, say lawyers at Arnold & Porter.

  • Fashion Giants' €157M Fine Shows Price-Fixing Not In Vogue

    Author Photo

    The European Commission’s recent substantial fining of fashion houses Gucci, Chloé and Loewe for resale price maintenance in a distribution agreement demonstrates that a wide range of activities is considered illegal, and that enforcement under EU competition law remains a priority, says Matthew Hall at McGuireWoods.

  • OFSI Proposals Signal Greater Focus On Enforcement Activity

    Author Photo

    The Office of Financial Sanctions Implementation’s proposed financial sanctions reforms, with risks of higher penalties and more stringent disclosure requirements for U.K. banks and companies, reflect the agency’s evolution into a more sophisticated and robust enforcement regulator, says Irene Polieri at Gibson Dunn.

  • How 2nd Circ. Decision Extends CFTC's Extraterritorial Reach

    Author Photo

    The Second Circuit recently concluded in U.S. v. Phillips that the Commodity Exchange Act extends to entirely foreign conduct if a victim of the conduct is based in the U.S., suggesting there is a heightened risk that foreign swap transactions will be susceptible to U.S. regulation when U.S. counterparties are involved, say attorneys at Skadden.

  • UK Getty Ruling Tests Balance Of IP Rights And AI Industry

    Author Photo

    The recent Getty Images v. Stability AI High Court decision, rejecting copyright claims while upholding limited trademark infringement, will influence the creative community and U.K. artificial intelligence industry alike, and the training of AI models in the U.K. is still a risk, say lawyers at Powell Gilbert.

  • Takeaways From Landmark UK Ruling On Brazil Dam Collapse

    Author Photo

    The High Court found BHP liable for a Brazilian dam collapse that resulted in a major environmental disaster, showing that England remains open for complex transnational environmental claims and providing a road map for other mass claims that are sure to follow this case, says Josep Galvez at 4-5 Gray's Inn Square.

  • Navigating Compliance As EU Cybersecurity Rules Evolve

    Author Photo

    One year after the European Union’s Network and Information Systems Directive 2 took effect, in-scope organizations are encountering mounting pressure to meet new cybersecurity standards, and national variations are creating additional challenges for companies that operate across multiple EU jurisdictions, say lawyers at Goodwin.

  • EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

    Author Photo

    The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.

  • UK Tribunal's Clearview Decision Expands GDPR Application

    Author Photo

    The Upper Tribunal’s recent decision in Information Commissioner v. Clearview AI is an important ruling on the extraterritorial reach of the European Union and U.K. General Data Protection Regulations, broadening behavioral monitoring to include not only activity by the company, but also its client, says Edward Machin at Ropes & Gray.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here