Corporate Crime & Compliance UK

  • September 18, 2026

    Addison Lee Founder Loses £20M Appeal Over Tax Status

    A businessman who founded British private car hire company Addison Lee can't avoid over £20.5 million ($27.4 million) in taxes after a London tribunal rejected his claim to nondomicile tax status over his family connections to Ireland.

  • September 18, 2026

    Five Deny Tax Fraud Charges Over Payroll Outsourcing

    Five individuals pleaded not guilty Friday at a London criminal court to tax fraud and money laundering charges linked to an HM Revenue and Customs investigation into a payroll outsourcing business.

  • September 18, 2026

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

    The past week in London has seen Victoria's Secret and Thomas Pink file competing IP claims, more than 1,000 retail consumers launch a group action against Binance, Baker Hughes targeted in a commercial claim by its former Russian subsidiary and university students hit four British institutions with breach of contract claims over pandemic-era closures.

  • September 17, 2026

    AI Imaging Biz Defends Barring Investor's Pick From Meeting

    A British artificial intelligence medical imaging company has denied that it wrongfully excluded an investor's appointed observer from board meetings, attributing the decision to a potential conflict of interest.

  • September 17, 2026

    Staff Knew Car Co. In Alleged £87M Ponzi Scheme Had Issues

    A former employee of two men accused of orchestrating an £87 million ($116 million) Ponzi scheme through their car-financing company testified at trial in London on Thursday that it was "common knowledge" among staff that the business was facing problems.

  • September 17, 2026

    Hedge Fund Sues LME For Breaches Over 2022 Nickel Crisis

    The London Metal Exchange is being accused of abusing its dominance by failing to install safeguards, in a new attempt to hold the market liable for the disorder that followed a surge in nickel prices in 2022.

  • September 17, 2026

    6 Convicted In €520M Mafia-Linked VAT Fraud Syndicate

    A Milan court convicted six individuals of participating in a €520 million ($597 million) value-added tax fraud scheme involving electronics that was bankrolled by an Italian crime syndicate, the European Public Prosecutor's Office said Thursday.

  • September 17, 2026

    Gabon Bank Says Afreximbank 'Negligent' In €25M Claim

    Gabon Bank has denied liability for a €25 million ($28.6 million) claim brought by African Export-Import Bank, arguing that the payment arose from a fraudulent fuel transaction that Afreximbank knew about, or should have.

  • September 17, 2026

    Apple, NGOs Challenge Secrecy On Alleged Data 'Back Door'

    Apple Inc. and transparency campaigners urged a London tribunal Thursday to force the U.K. government to acknowledge whether it has imposed a restriction on the consumer tech giant's end-to-end encryption services for users in Britain.

  • September 17, 2026

    Motorists Get OK To Distribute £92.75M In Antitrust Case

    The Competition Appeal Tribunal on Thursday approved a plan for distributing settlements totaling £92.75 million ($123.9 million) to motorists in class action claims against vehicle shipping companies over delivery charges.

  • September 17, 2026

    4 Arrested In €15.7M Phone Tax Fraud, EU Says

    European authorities conducted searches, arrests and asset freezes as part of an investigation into a suspected cross-border value-added tax fraud involving online mobile phones sales, prosecutors said Thursday.

  • September 17, 2026

    Law Firms Can Be 'Partners' In AML Crackdown, FCA Says

    An executive director at the finance watchdog urged law firms on Thursday to work with law enforcement agencies to tackle economic crime, saying they played a crucial role in detecting and investigating the spread of dirty money.

  • September 17, 2026

    FCA Blocks More Peer-To-Peer Illegal Crypto Traders

    The Financial Conduct Authority said Thursday it has continued its crackdown on illegal cryptocurrency trading, working with HM Revenue and Customs and the Metropolitan Police to target suspected unregistered peer-to-peer crypto businesses in London.

  • September 17, 2026

    FCA Probes UK Currency Exchange Over AML Fears

    The Financial Conduct Authority said Thursday that it has opened an investigation into a currency exchange and international payment processing business based in London as it probes potential breaches of money laundering rules.

  • September 16, 2026

    Dubai Biz Demands Innovo Docs To Head Off Risk Of Collapse

    Dubai-based construction conglomerate ASGC argued in a London court Wednesday that a U.K. rival should be ordered to give it broader access to data and documents, warning that it might collapse as it cannot file accounts or tax returns.

  • September 16, 2026

    Directors Deny Duping Investors Over Alleged £87M Car Fraud

    Two directors of a failed car leasing group denied at trial on Wednesday that they lied to investors to dupe them into putting £87 million ($117 million) into a car leasing scheme, which prosecutors say was a Ponzi scheme.

  • September 16, 2026

    FCA Issues New Guidance For Crypto-Business Authorization

    The Financial Conduct Authority issued guidance on Wednesday to help crypto-businesses prepare for the authorization needed to operate in the U.K. from October 2027.

  • September 16, 2026

    UK Eyes AML Rules For Football Clubs, Property Developers

    The government will look at bolstering the fight against dirty money by potentially extending anti-money laundering regulations to include property developers, football clubs and players' agents, according to its first-ever strategy.

  • September 16, 2026

    Dechert's Richard Hodge On FCA References And Misconduct

    Crispin Odey has made headlines again as a tribunal upheld a ban on the former hedge fund boss. Here, Dechert partner Richard Hodge talks to Law 360 about how the FCA wants to stamp out non-financial misconduct in the sector and how businesses will face pressure to stamp out sexual harassment.

  • September 15, 2026

    Car Leasing Firm Ran £87M Ponzi Scheme, Prosecutors Say

    Two directors of a failed car leasing group duped investors in an £87 million ($117 million) car leasing investment scam that was in fact run as a Ponzi scheme, a prosecutor said at the opening of the trial on Tuesday.

  • September 15, 2026

    Law Firm Regains License For Immigration Services

    A law firm has regained its license to provide immigration advisory services after a tribunal ruled that its poor recordkeeping did not warrant deregistration or prove it acted dishonestly when handling the applications of two asylum seekers. 

  • September 15, 2026

    FCA Bans Former Law Firm Owner Hit With Record £4M Fine

    Britain's financial regulator banned the former owner of a law firm from working in financial services Tuesday after the Solicitors Regulation Authority fined him a record £4 million ($5.4 million) in 2025 for misusing client funds at the now-shuttered firm he ran.

  • September 15, 2026

    Odey Ruling Delivers Boost To FCA's Enforcement Agenda

    Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.

  • September 15, 2026

    Santander Escapes £677M Bill In AXA's PPI Indemnity Case

    Santander does not have to pay the £677 million ($912 million) that AXA lost when it deals with claims for wrongly sold payment protection insurance, as an appeals court said on Tuesday that an agreement to accept liability was not retrospective.

  • September 15, 2026

    Frozen Interest Can't Be Moved As UK Updates Sanctions

    A sanctioned person cannot move interest earned on a frozen bank account to a separate account, the government has clarified as it tightened the interpretation of rules governing restricted assets.

Expert Analysis

  • SRA Whistleblower Protections Will Test Legal Sector Culture

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    The Solicitors Regulation Authority's recent extension of whistleblower protections to law firm employees helps close the long-standing gap between professional and ethical obligations, but it does not fully resolve the cultural and structural barriers to reporting legal industry misconduct, says Georgia Learoyd at Howard Kennedy.

  • Parsing ICO Storage And Access Guidance Exceptions

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    Recent final guidance on storage and access technologies from the U.K. Information Commissioner's Office reflects the government's emphasis on key data privacy concerns, though businesses should consider leveraging several crucial exceptions, say lawyers at Hunton.

  • Int'l Bribery Enforcement Takeaways After SFO Conference

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    While the U.K. Serious Fraud Office's recent conference demonstrated a global consensus on the importance of combating bribery and corruption, lagging enforcement from U.S. and U.K. regulators suggests that muscular supranational agencies may soon step up to lead cross-border investigations, say lawyers at Addleshaw Goddard.

  • Making Deals Once EU Merger, Investment Screenings Overlap

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    Though proposed updates would result in greater overlap between European Commission merger control efforts and foreign investment screening, dealmakers must understand how different objectives still drive these regimes and how this recalibrated regulatory environment will affect their transactions, say attorneys at Mayer Brown.

  • BP Board Coup Spotlights Powers To Remove Directors In UK

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    Recent action taken against BP PLC’s chair reveals the authority conferred on boards by an organization's bespoke articles of association and stands as a reminder that director removal in the U.K. is not a simply a voting rights issue, raising questions about the allocation of power between boards and shareholders, say Dan Coppel and James Ford at Faegre Drinker.

  • What EU Tech Licensing Changes Mean For Businesses

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    Following the European Union’s modernization of the Technology Transfer Block Exemption Regulation, organizations should consider how the broadened antitrust safe harbor applies, particularly where technology licensing agreements involve data-sharing arrangements, territorial restrictions or competitor relationships, say lawyers at Steptoe.

  • UK-Gulf Trade Deal Offers Key Benefits, But Hurdles Remain

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    The U.K.’s recent free trade agreement with the Gulf Cooperation Council is expected to deliver U.K. businesses a competitive advantage, with simplified procedures and tariff removal across manufacturing, services and digital trade sectors, but navigating Gulf regional tensions and differing regulatory regimes will create challenges, say lawyers at King & Spalding.

  • Crypto Sector Sees Tougher Sanctions Compliance Demands

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    The U.K. government’s recently announced Russian sanctions package focusing on crypto-assets is a clear indication that authorities consider the crypto sector a major enforcement area, firmly within the scope of financial sanctions law, says Thomas Cattee at Gherson Solicitors.

  • AI Puts Financial Firms' Human Accountability To The Test

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    A recent Financial Services Skills Commission report illustrates the paradox that artificial intelligence increases the need for human oversight while automating the pathways through which that expertise is developed, and financial firms whose governance evolves at pace with technology are poised to benefit the most, say Louise Neave and Jack Paul at Fox Williams.

  • Why Tonzip Is Notable In English Sanctions Law Development

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    The Court of Appeal's ruling in Tonzip Maritime Ltd. v. 2Rivers Pte Ltd., the latest in the English law of sanctions ownership and control, confirms that where a contract refers to sanctions exposure, the relevant question may be whether there is a real and objectively reasonable risk, not whether a sanctions breach has already been proved, say lawyers at Michelman Robinson.

  • AI Makes Law Firm Change Management A Client Issue

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    As artificial intelligence implementation is causing clients' expectations of outside counsel to shift toward greater risk control and more transparent value, successful law firm transformation and the preservation of professional trust will require governance, training and accountability, says John Hutchinson at Broadfield.

  • How Firms Can Prepare For Increasing AI-Cybersecurity Risks

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    The growing convergence between cybersecurity and artificial intelligence means that businesses need to recognize the breadth of the threat, and conduct repeated testing and adjustment to address the shifting risk landscape, say lawyers at Debevoise.

  • EU AI Omnibus Makes Key Changes But Leaves Uncertainties

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    The European Council and Parliament’s recent provisional agreement on the artificial intelligence omnibus delivers some simplification to the European Union AI Act and achieves a broadly balanced outcome, but whether it truly improves legal certainty will depend on the commission's ability to deliver the implementing acts, say lawyers at CMS.

  • EU Protocol Strengthens Int'l Criminal Asset Recovery Powers

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    The Council of Europe’s recently adopted protocol to the Warsaw Convention marks a significant evolution in the international asset recovery landscape, signaling a focus on proactive and coordinated methods that require organizations to consider how to respond quickly to unexpected enforcement action, say lawyers at Trowers & Hamlin.

  • A Potent EU Tool To Block Russian Arbitration Interference

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    The European Union’s latest sanctions package introduces an EU-wide antisuit injunction mechanism that offers businesses a powerful weapon against Russia's efforts to derail international arbitration with forum-shopping tactics, say lawyers at Signature Litigation.

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