Corporate Crime & Compliance UK

  • January 03, 2025

    Shein GC Gets Uyghur Labor Abuse Dossier Amid UK Inquiry

    A Uyghur rights group said Friday that it had handed Shein's general counsel a dossier containing evidence of possible forced labor in the Chinese clothing seller's supply chain days before the lawyer faces questions from a U.K. parliamentary committee.

  • January 03, 2025

    Investment Firm Calls On UK To Rule Out Pension Tax Hikes

    The U.K. should pledge no changes to pension tax benefits for the next four years to assuage consumer fears of the government following up on hikes to other taxes with more increases, according to a survey by an investment firm.

  • January 03, 2025

    Complaints Commissioner To Warn FCA About P2P Lending

    The Complaints Commissioner for financial regulators has undertaken to write to the Financial Conduct Authority on significant issues in the peer-to-peer lending sector.

  • January 03, 2025

    Dealer Of Unreleased Famed Musicians' Tracks Avoids Prison

    A dealer of stolen unreleased music by famous artists obtained through cryptocurrency exchanges on the dark web was handed a suspended prison sentence on Friday for 14 counts relating to buying and selling copyrighted music without the consent of artists or labels.

  • January 03, 2025

    Nationwide Wins Bid To Ax Contractor's Whistleblowing Claim

    A former contractor at Nationwide Building Society had his case against the bank dismissed Friday after an Employment Tribunal judge ruled that he brought his whistleblowing case too late and without good reason for his delay.

  • January 03, 2025

    Former Top Racehorse Owner John Dance Denies £64M Fraud

    A former leading racehorse owner denied nine charges in connection with a £64 million ($79.4 million) fraud on Friday following an investigation by the Financial Conduct Authority into the client accounts of a wealth management firm.

  • January 03, 2025

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

    This past week in London has seen Chris Eubank Jr. hit with a libel claim from a boxing promoter, a perfume boss face proceedings from his businesses following sanctions violations claims, and Israeli broadcasters file intellectual property claims against BT and Sky. Here, Law360 looks at these and other new claims in the U.K.

  • January 03, 2025

    UK Levy Hike Drives Labor Costs Up In 2025, Think Tank Says

    U.K. businesses are facing a spike in labor costs, thanks to the government's decision to raise employers' National Insurance contributions, a payroll levy used to fund social programs, a think tank said Friday.

  • January 03, 2025

    Competition Lawyer Files £2.1B Microsoft Price Abuse Claim

    A competition law expert has sued Microsoft for up to £2.1 billion ($2.6 billion) on behalf of thousands of U.K. businesses, accusing the technology giant of charging abusive licensing fees for Windows Server, a software used in cloud computing.

  • January 02, 2025

    Ex-Kennedys Manager Fined £27K For Due Diligence Failures

    A former manager with Kennedys Law LLP has been fined £27,500 ($34,000) for carrying out inadequate client due diligence surrounding a property development fraud that saw directors pocket over £6.5 million of their investors' money.

  • January 02, 2025

    Disbarred Solicitor Loses Bid To Sue BSB Over Inn's Rejection

    A tribunal has ruled that a disbarred solicitor cannot pursue disability discrimination claims against the Bar Standards Board, finding his High Court appeal over his rejection from an Inn of Court barred further tribunal proceedings.

  • January 02, 2025

    January Sale Scam Behind Transaction Row Rise, Lloyds Says

    Scammers creating fake websites to entice customers to purchase items in last January's online sales caused a 40% spike in credit card transaction disputes that month compared to the normal monthly average, Lloyds Bank said Monday.

  • January 02, 2025

    England's 1st Barrister-Partner Loses Harassment Claim Bid

    A self-employed barrister has been told she cannot sue the Bar Standards Board for racial harassment after she learned about "improper and damaging communication" between the regulator and her neighbors that sparked a 17-year dispute.

  • January 02, 2025

    EU's 1st Financial Regulation Deal With Japan In Force

    The European Union said that a first-ever agreement with Japan designed to improve regulation in banking and other financial services and to combat money laundering has come into force.

  • January 02, 2025

    Motorola Faces £650M UK Claim Over Emergency Network

    Motorola is facing a £650 million ($809 million) mass claim in the U.K. that alleges the telecommunications giant breached competition law by charging excessive and unfair prices for its secure radio network used by Britain's emergency services.

  • January 02, 2025

    Elite Law Denies Fault In Lender's £1.9M Loan Fraud Case

    An English firm of solicitors has denied a claim that it cost a lender £1.9 million ($2.4 million) by failing to spot that the borrower of a property loan was allegedly a fraudster, telling a London court that it was not obliged to verify his identity.

  • January 01, 2025

    European Tax Policy To Watch In 2025

    The European Union may have to go it alone on international tax policy in 2025, especially because President-elect Donald Trump's return to power means the U.S. will likely oppose any multilateral solution to taxing the digital economy. Here, Law360 looks at important European tax developments to watch for this year.

  • January 01, 2025

    The UK Corporate Crime Cases To Watch In 2025

    Former trader Tom Hayes will get a final shot in 2025 at overturning his conviction for rigging Libor during the financial crisis, a Russian politician will face trial in the first criminal prosecution for breaching sanctions — and Dentons will be back in court over alleged anti-money laundering failures by the law firm.

  • January 01, 2025

    Employment Law To Watch in 2025

    All eyes will be on the government's Employment Rights Bill in 2025 — but the use of artificial intelligence in the workplace and an influential case that will examine when employees' beliefs can get legal protection are also worth watching out for.

  • January 01, 2025

    Regulation To Prioritize UK Growth Over Risk-Aversion In 2025

    Financial regulators have committed to giving priority to economic growth over risk-aversion in 2025 under new government priorities, a rebalancing that could create a conflict of interest with a recent focus on protecting consumers.

  • December 20, 2024

    Many Firms Lack AI In Risk Operations, Study Finds

    A new study highlighted by UK Finance on Friday has found that almost four in 10 financial services organizations have not implemented artificial intelligence in their risk operations, leaving them with a widening technology gap compared with those who are so prepared.

  • December 20, 2024

    EU Lays Out Apple's Interoperability Requirements

    The European Commission unveiled a host of proposed interoperability standards for Apple that would require the company to allow third-party devices to run background operations, automatically switch audio, send and receive files via AirDrop and much more with connected Apple products.

  • December 20, 2024

    Gov't Reveals Multimillion-Pound Boost In Legal Aid Funding

    The U.K. government has announced an additional £92 million ($115 million) in annual funding for legal aid, in a bid to address the ongoing crisis in the criminal justice system.

  • December 20, 2024

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

    This past week in London has seen the University of Southampton sue a drone-maker over the rights to an uncrewed aircraft patent, Importers Service Corp. and its subsidiary ISC Europe take action against a former director who allegedly owes the company over £1.1 million ($1.4 million), and DAC Beachcroft face a fraud claim by a "prolific litigant." 

  • December 20, 2024

    Barrister Loses Appeal Over 6-Month Suspension

    A London judge rejected a bid Friday by a barrister to overturn his six-month suspension for failing to comply with a court order to pay £64,000 ($80,593), ruling that the sanction was "neither wrong nor clearly inappropriate."

Expert Analysis

  • Whistleblower Pay Is A Risky Path For The SFO To Tread

    Author Photo

    In a recent speech, Serious Fraud Office director Nick Ephgrave supported the payment of whistleblowers, but implementing such an extreme measure is potentially hazardous and could leave the new director a hostage to fortune, says Richard Cannon at Stokoe Partnership.

  • The Good, The Bad And The New Of The UK Sanctions Regime

    Author Photo

    Almost six years after the Sanctions and Money Laundering Act was introduced, the U.K. government has published a strategy paper that outlines its focus points and unveils potential changes to the regime, such as a new humanitarian exception for financial sanctions, highlighting the rapid transformation of the U.K. sanctions landscape, says Josef Rybacki at WilmerHale.

  • Businesses Using AI Face Novel Privacy, Cybersecurity Risks

    Author Photo

    Rapid advancements in artificial intelligence are resulting in complex privacy and cybersecurity challenges for businesses, and with the forthcoming EU AI Act and enhancement of existing laws to ensure a high common level of security, key stakeholders should be empowered to manage associated risks, say lawyers at Goodwin.

  • A Look At Environment Agency's New Economic Crime Unit

    Author Photo

    Sophie Wood at Kingsley Napley explains how the Environment Agency’s newly established Economic Crime Unit will pursue criminal money flows from environmental offenses, and discusses the unit’s civil powers, including the ability to administer account freezing and forfeiture orders, says Sophie Wood at Kingsley Napley.

  • Prompt Engineering Skills Are Changing The Legal Profession

    Author Photo

    With a focus on higher-value work as repetitive tasks are delegated to artificial intelligence, legal roles are set to become more inspiring, and lawyers need not fear the rising demand for prompt engineers that is altering the technology-enabled legal environment, say Eric Crawley, Shah Karim and Paul O’Hagan at Epiq Legal.

  • Opinion

    UK Whistleblowers Flock To The US For Good Reason

    Author Photo

    The U.K. Serious Fraud Office director recently brought renewed attention to the differences between the U.K. and U.S. whistleblower regimes — differences that may make reporting to U.S. agencies a better and safer option for U.K. whistleblowers, and show why U.K. whistleblower laws need to be improved, say Benjamin Calitri and Kate Reeves at Kohn Kohn.

  • 4 Ways To Prepare For EU's Digital Finance Security Law

    Author Photo

    Companies that will fall under the scope of the Digital Operational Resilience Act when it goes into effect next January should take several proactive steps as they prepare for new corporate governance, risk management, incident reporting and third-party contracting obligations, says Edward Machin at Ropes & Gray.

  • 4 Legal Privilege Lessons From Dechert Disclosure Ruling

    Author Photo

    The Court of Appeal's recent decision in Al Sadeq v. Dechert LLP, finding that evidence may have been incorrectly withheld, provides welcome clarification of the scope of legal professional privilege, including the application of the iniquity exception, says Tim Knight at Travers Smith.

  • BT Case May Shape UK Class Action Landscape

    Author Photo

    The first opt-out collective action trial commenced in Le Patourel v. BT in the U.K. Competition Appeal Tribunal last month, regarding BT's abuse of dominance by overcharging millions of customers, will likely provide clarification on damages and funder returns in collective actions, which could significantly affect the class action regime, say lawyers at RPC.

  • No-Poach Agreements Face Greater EU Antitrust Scrutiny

    Author Photo

    EU competition authorities are increasingly viewing employer no-poach agreements as anti-competitive and an enforcement priority, demonstrating that such provisions are no longer without risk in Europe, and proving the importance of understanding EU antitrust law concerns and implications, says Robert Hardy at Greenberg Traurig.

  • Key Points From EC Economic Security Screening Initiatives

    Author Photo

    Lawyers at Herbert Smith analyze the European Commission's five recently announced initiatives aimed at de-risking the EU's trade and investment links with third countries, including the implementation of mandatory screening mechanisms and extending coverage to investments made by EU companies that are controlled subsidiaries of non-EU investors.

  • Following The Road Map Toward Quantum Security

    Author Photo

    With the Financial Conduct Authority’s recent publication of a white paper on a quantum-secure financial sector, firms should begin to consider the quantum transition early — before the process is driven by regulatory obligations — with the goal of developing a cybersecurity architecture that is agile while also allowing for quantum security, say lawyers at Cleary.

  • Why EU Ruling On Beneficial Ownership May Affect The UK

    Author Photo

    Following the EU judgment in Sovim v. Luxembourg that public access to beneficial ownership information conflicts with data protection rights, several British overseas territories and dependencies have recently reversed their commitment to introduce unrestricted access, and challenges to the U.K.’s liberal stance may be on the cards, says Rupert Cullen at Allectus Law.

  • UK Gov't Response Clarifies AI Regulation Approach

    Author Photo

    Although the U.K. government’s recent response to its artificial intelligence consultation is a clear signal of its continuing pro-innovation approach to AI regulation, high-level systems are likely to be the focus of scrutiny and organizations may consider reviewing measures they have implemented to help identify risks, say Christopher Foo and Edward Machin at Ropes & Gray.

  • Key Changes In FRC Code Aim To Promote Good Governance

    Author Photo

    The focus of the recently published Financial Reporting Council Corporate Governance Code on risk management and internal controls is to ensure the competitiveness of the U.K. listing regime while not compromising on governance standards, and issuers may wish to consider updating their policies in order to follow best practice, say lawyers at Debevoise.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!