Corporate Crime & Compliance UK

  • July 31, 2026

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

    The past week in London has seen George Michael's estate bring an intellectual property claim against the late star's friend over footage shared online, collapsed law firm Axiom Ince sue the U.K. branch of State Bank of India and Ryanair face a group claim from 262 people. Here, Law360 looks at these and other new claims in the U.K.

  • July 31, 2026

    Gupta Loses Bid To Toss $7M Fraud Claim Out Of UK

    A U.K. commodities trader kept its nearly $7 million fraud claim against Indian metals tycoon Prateek Gupta in English courts Friday, after a London appellate court dismissed his arguments the dispute should take place in another jurisdiction.

  • July 31, 2026

    Hull Funeral Director Gets 20 Years Over Burials Fraud, Theft

    A former funeral director was sentenced to 20 years' imprisonment on Friday after admitting 67 offenses spanning more than a decade, including preventing bodies from being lawfully buried, stealing mourners' charity donations and fraudulently handing bereaved families the wrong ashes.

  • July 31, 2026

    EU Watchdog Flags Frontier AI Risk For Insurers, Pensions

    The European Union's insurance watchdog has warned that the potential impact from digitalization and cyber exposures for occupational pension providers and insurers has become bigger, reflecting cutting-edge artificial intelligence.

  • July 31, 2026

    FCA Sets Final Rules To Improve Share Data Transparency

    The Financial Conduct Authority released final rules Friday for a consolidated tape on U.K. shares in a package of reforms that includes changes to market structure and a new temporary market reporting tool.

  • July 31, 2026

    Gov't Launches Police Accountability And Standards Review

    The government has launched an independent review of England and Wales' police accountability systems, tasking two senior figures with recommending reforms to speed up misconduct investigations, improve public confidence and better support police officers.

  • July 31, 2026

    Court Cuts Damages Bill For Fraudulent Insurance Brokers

    Two former insurance bosses who misappropriated client funds in the run-up to a company sale saw the fraud damages awarded against them reduced by the Court of Appeal on Friday. 

  • July 31, 2026

    Woman Accused Of Illegal Forex Promotion To Face 2028 Trial

    A woman charged with illegally promoting foreign exchange deals on social media will stand trial in 2028, the Financial Conduct Authority has said.

  • July 31, 2026

    Man Arrested In £10M NHS PPE Corruption Probe

    Police in London have arrested a man on suspicion of fraud, bribery and money laundering over allegations that a former NHS employee steered a £10.3 million ($13.9 million) personal protective equipment contract to an associate by bypassing procurement rules.

  • July 30, 2026

    Online Payment Biz Wins Back $12M Funds Held In Reserve

    Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.

  • July 30, 2026

    Airbus Pays HMRC £6.4M Over Export Control Breaches

    Aerospace giant Airbus reached an agreement with the U.K. tax authority to pay £6.4 million ($8.6 million) to settle claims that the company breached export control rules, the agency announced Thursday.

  • July 30, 2026

    ICBC Bank Settles Hacking Imposter Claim

    ICBC Standard Bank has settled a hacking claim with a client company that alleged the lender transferred €795,000 ($912,000) from the client's account on the instructions of an imposter impersonating the company's director.

  • July 30, 2026

    Traders' Rate-Rigging Conviction Appeals Set For October

    Six former traders at Barclays and Deutsche Bank convicted of rigging benchmark interest rates will challenge their convictions in October after a 2025 U.K. Supreme Court ruling prompted a review of their cases, the Court of Appeal said Thursday.

  • July 30, 2026

    Safa Wife Bids To Slip Net Tying Her To $2B Tuna Bonds Case

    The widow of shipbuilding magnate Iskandar Safa urged an appeals court Thursday to overturn a ruling allowing Mozambique to add her to its bribery case after the country secured a $1.9 billion damages award, arguing that any claim against her belongs in Lebanon.

  • July 30, 2026

    ICO Raids Companies That Sent Nuisance Car Finance Texts

    The Information Commissioner's Office said Thursday that it has searched multiple properties across the U.K. and seized electronic items after consumers filed millions of complaints about car finance adverts.

  • July 30, 2026

    FCA Censures Securities Co. For Misleading Minibond Ads

    The Financial Conduct Authority said Thursday that it has censured a corporate finance business for approving misleading financial promotions used to sell minibonds, a risky type of investment.

  • July 30, 2026

    KPMG Probed By FRC Over Audit Of John Wood Group

    The accounting regulator said Thursday that it is investigating KPMG and two accountants over an audit of engineering firm John Wood Group PLC, which was fined £13 million ($17.4 million) this year for making misleading financial statements.

  • July 29, 2026

    Shady Power Deal Used In Goldman Compliance Prep, Jury Told

    A Goldman Sachs banker told a New York federal jury how Goldman bailed on backing what prosecutors say was a corrupt deal for a Turkish energy company to bribe Ghanaian officials for a power plant contract, a scenario Goldman uses in compliance training as an example of what to avoid.

  • July 29, 2026

    Fake High-Tech Trader Who Raised $3.7M, Fled, Gets 51 Mos.

    A Manhattan federal judge sentenced an electrical engineer-turned-trader to 51 months in prison Wednesday for stealing from investors who backed a bogus, high-tech profit model he pitched before fleeing to Europe.

  • July 29, 2026

    Duty To Consult On Staff Monitoring Would Increase Disputes

    Lawyers warn that a proposal from the government to require employers to consult on how they use workplace monitoring technology would lead to disputes with workers and their unions — but any lesser reform won't improve workers' rights as employers seek to avoid scrutiny of their methods.

  • July 29, 2026

    Daily Mail Wants £10M Up Front For Prince Harry Privacy Case

    The publisher of the Daily Mail demanded Wednesday that Prince Harry and other public figures immediately pay almost £10 million ($13.3 million) toward its legal costs incurred fighting their unsuccessful privacy claims, saying they conducted the litigation unreasonably. 

  • July 29, 2026

    Billionaire Sheikh Can't Duck Service Of €83M Debt Claim

    A Saudi sheikh who owes liquidators €83 million ($95 million) failed on Wednesday to frustrate possession proceedings against his home on Britain's most expensive street, as a London court ruled that the claim forms could be served to his solicitors.

  • July 29, 2026

    Bahrain Spyware Ruling Opens Door To State Hack Claims

    A decision by the U.K. Supreme Court to allow two Bahraini dissidents to sue the Gulf state over alleged spyware attacks on them could encourage more claims against foreign governments accused of hacking people in Britain from sites overseas, lawyers say.

  • July 29, 2026

    German Finance Watchdog Starts Looking For AI Breaches

    Germany's financial markets regulator said Wednesday it will begin actively monitoring whether banks and insurers comply with the European Union's Artificial Intelligence Act, with rule-breakers facing fines of up to €35 million ($39 million).

  • July 29, 2026

    Major Banks Face Fresh Bid For Opt-In FX-Rigging Claim

    A competition law consultant sought Wednesday to revive his proposed foreign exchange-rigging class action against major banks, arguing that material changes since its rejection as an opt-out action warrant a fresh opt-in bid.

Expert Analysis

  • Series

    Studying Foreign Languages Makes Me A Better Lawyer

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    Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective and the value of practicing patience with colleagues and clients, says Anna King at Genworth Financial.

  • Reflecting On The UK Senior Managers Regime 10 Years On

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    While the ongoing changes to the senior managers and certification regime to streamline processes and remove certain restrictions are welcome, the scheme has worked well overall since its 2016 inauguration, and firms’ compliance and risk management-thinking have shown a marked improvement, say lawyers at Faegre Drinker.

  • How Revised EU Rules Would Alter Sustainability Reporting

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    Two draft delegated regulations recently published by the European Commission give effect to the Omnibus I simplification, highlighting a consistent policy direction: fewer companies in scope, later and lighter obligations, and explicit protections for smaller value chain counterparties, say lawyers at MoFo.

  • How UK Security Act Plans Will Affect Foreign Investors

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    The U.K. government's recently proposed changes to the scope of National Security and Investment Act transaction screening for foreign investment in sectors including communications, data infrastructure and energy should create a more proportionate, predictable and targeted regime, say lawyers at Skadden.

  • How Anthropic's Mythos May Upend Defense Cyber Rules

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    Anthropic’s recent announcement that Claude Mythos, an AI general-purpose language model, could soon enable virtually anyone to exploit vulnerabilities in major web browsers and operating systems marks an imminent increase in threat levels that current defense cybersecurity regulations were not designed to navigate, say attorneys at Fluet.

  • How New Act Expands UK Managers' Corporate Crime Liability

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    The recent enforcement of the Crime and Policing Act is a watershed moment for U.K. corporate criminal liability, facilitating the prosecution of organizations for the actions of their senior managers by extending liability beyond the individual with the directing mind and will to those who play a significant role in a business’s decision‑making, say lawyers at WilmerHale.

  • CMA's Actions Signal New Spotlight On UK Consumer Law

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    The Competition and Markets Authority’s recent hidden fee fine against the AA — its first infringement decision using its new direct enforcement powers — as well as its investigations into fake online reviews and scrutiny of subscription contracts, demonstrate the regulator's new focus on tackling the most egregious breaches of U.K. consumer law, say lawyers at Wilson Sonsini.

  • What Dutch AI Decision-Making Guidance Means For Cos.

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    The Dutch Data Protection Authority’s recent draft guidelines on customers' rights to an explanation in automated decision-making processes under the General Data Protection Regulation raise important operational and governance considerations for companies, say lawyers at Hogan Lovells.

  • Understanding The Legal Risks Of Fragile Supply Chains

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    To ensure supply chain resilience in times of crisis — such as the recent blockage of the strategically vital Strait of Hormuz — it is important for everyone involved in the chain to understand the distribution arrangements and laws applicable across jurisdictions, say lawyers at Brown Rudnick.

  • How New E-Evidence Rules Will Affect EU-US Data Transfers

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    The forthcoming European Union e-evidence regulation signals the need to preserve digital evidence that is stored outside the issuing jurisdiction, bringing the EU significantly closer to the model employed by the U.S. and reflecting a shift in the legal landscape for cross-border data transfers, say lawyers at MoFo.

  • Compliance Landscape Shifts As CMA Targets Fake Reviews

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    The Competition and Markets Authority’s investigations into five companies’ alleged misleading online reviews are the first use of its administrative powers under the Digital Markets, Competition and Consumers Act, marking a turning point in U.K. consumer protection enforcement, say lawyers at Fieldfisher.

  • SFO Plan Focuses On Resilience But Funding Doubts Persist

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    The Serious Fraud Office’s emphasis on tighter case management and making greater use of technology in its latest business plan suggests a concern with strengthening complex financial crime enforcement, however the agency may not have the resources to deliver meaningful change, say lawyers at Signature Litigation.

  • EU Defense Road Map Opens Doors To New Market Entrants

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    The European Economic and Social Committee's and European Investment Bank Group’s recent endorsements of the European Commission’s EU defense industry transformation road map signal positivity for ongoing implementation, making public procurement more accessible to innovative newcomers and creating fresh opportunities to participate in security-relevant innovation projects, say lawyers at Dechert.

  • Sanctions Spotlight: Key Priorities Of OFSI's 3-Year Strategy

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    The Office of Trade Sanctions Implementation's 2026-2029 strategy to assist businesses by providing practical compliance advice and more predictable support will be welcomed, although the process for obtaining guidance and whether the ensuing information will be made publicly available remains unclear, says Alexandra Melia at Steptoe.

  • EU Risks Falling Behind With Delay In Digitization Rule Fixes

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    With financial organizations calling for the European Union to fast-track modifications to the Distributed Ledger Technology Pilot Regime and the EU signaling that tokenization is a permanent feature of the financial landscape, the sector needs to prepare for the now inevitable shift, says Antonio Lanotte at Futura Law.

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