The U.K.'s policing bill passed into law on Wednesday in a major expansion of corporate criminal liability by holding major companies accountable for any crime committed by their senior managers.
The U.K.'s policing bill passed into law on Wednesday in a major expansion of corporate criminal liability by holding major companies accountable for any crime committed by their senior managers.
The U.K.'s prosecution watchdog said Thursday that the Serious Fraud Office is using external counsel "appropriately," but that the agency is relying on outside help to fill vacancies and needs to ensure that it is drawing from a diverse pool.
A lawyer resurrected her claim she was mistreated by a wealthy Hong Kong family for blowing the whistle on potential tax evasion as the Employment Appeal Tribunal ruled Wednesday that a judge was too quick to dismiss her case as being outside British territorial jurisdiction.
A senior solicitor has been fined by a tribunal over an "obvious" conflict of interest by serving as both a bondholder trustee and as a legal adviser to a firm behind a collapsed £237 million ($320 million) mini-bond scheme that defrauded investors.
The European Union's enforcement arm said on Wednesday that Meta breached the bloc's digital safety rules by failing to prevent children under 13 from using Facebook and Instagram.
A former executive at Jusan Technologies, the British financial services holding company, is accusing the company of withholding money he was owed because of his whistleblowing on embezzlement.
An Irish aircraft component lessor failed Wednesday to revive its claim against a Thai plane maintenance company it says caused it to send $824,900 to someone impersonating both companies after an appeals court held the fraud caused the loss.
Mercedes-Benz and Volkswagen have joined a group of four other entities challenging the lawfulness of the Financial Conduct Authority's £7.5 billion ($10 billion) motor finance redress system.
The Financial Conduct Authority said Wednesday in its latest Market Watch newsletter that businesses must share customer information with each other on market abuse and other financial crime as far as the law allows.
The European Commission’s proposed Industrial Accelerator Act aims to reverse the decline of the European Union's manufacturing sector and support cleaner technologies by introducing EU origin and low-carbon requirements, but with the definition of “Made in the EU” still under debate, the text may yet undergo significant changes, say lawyers at Crowell.
