Corporate Crime & Compliance UK

  • April 29, 2024

    Ex-Man City Player Benjamin Mendy Pays £710K Tax Debt

    Former Manchester City footballer Benjamin Mendy avoided bankruptcy on Monday after paying a £710,000 ($892,000) tax bill minutes before a court hearing to determine whether an order should be made.

  • April 29, 2024

    Russia Sanctions Creating 'Shadow Fleet,' Insurers Warn

    The increasing compliance burdens that come from a price cap on Russian oil has led to the exodus of 800 tankers from the Western insurance market, a trade association has warned.

  • April 29, 2024

    FCA To Get Extra Data To Police Consumer Credit Lending

    The City watchdog set out on Monday final rules that will require consumer credit lenders to give it more detailed data, enabling it to act against problem companies.

  • April 29, 2024

    More Post Office Convictions Sent For Appeal

    The Criminal Cases Review Commission said on Monday that it has sent the cases of five more Post Office workers who were convicted during the Horizon IT scandal to the Crown Court for appeal, the latest in a string of proceedings to head for review after the major miscarriage of justice.

  • April 26, 2024

    NHS Trust Must Pay £74K, Apologize To COVID Whistleblower

    A National Health Service trust must pay £73,900 ($92,300) and apologize to one of its surgeons after punishing him for blowing the whistle on the risks of face-to-face appointments amid the COVID-19 pandemic, a tribunal has ruled.

  • April 26, 2024

    UK Gov't Rejects Lawmakers' Criticism Of Edinburgh Reforms

    The U.K. government has rejected criticisms from the Treasury Committee that the post-Brexit financial services reform program is moving too slowly, claiming the changes are on track in a letter published Friday.

  • April 26, 2024

    Businessman Gets 4 Years For Fraud During Directorship Ban

    A businessman who defrauded a pensioner of £60,000 ($75,000) and ran companies while barred from doing so, has been sentenced to four years in prison, the Insolvency Service said on Friday.

  • May 03, 2024

    Ex-Mishcon Head Of Risk Joins Litigation Boutique

    Stokoe Partnership Solicitors has appointed Jarret Brown as its new head of compliance in a role he hopes is "going to be a little less frenetic" at a place with less "infrastructure to shift."

  • April 26, 2024

    Insurer Signs First Settlement Over Russia-Stranded Planes

    An aircraft lessor and an insurer have settled their fight over payouts for planes stranded in Russia after its invasion of Ukraine, the first agreement out of dozens of battles worth billions of dollars involving major insurers.

  • April 26, 2024

    UK Disclosure Review Hints At Tweak, But No Overhaul

    A preview of potential reforms to the disclosure process in U.K. criminal cases hints at incremental changes rather than a major overhaul as both prosecutors and defense lawyers warn that the system risks collapsing under the weight of digital evidence.

  • April 26, 2024

    Sheikh Cleared Of €67M Damages Ruling Over Share Transfer

    An Arab tycoon does not have to pay €67 million ($72 million) in damages for transferring shares out of his company after liquidation because the creditors failed to establish any actual loss, an English appeals court ruled Friday.

  • April 26, 2024

    FCA Defends Naming Firms Under Investigation

    The Financial Conduct Authority on Friday defended its proposed naming of companies under investigation in a letter to a House of Lords committee.

  • April 26, 2024

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

    This past week in London has seen budget airline Ryanair file a claim against NATS PLC after the air traffic controller's system collapsed, Mastercard and Visa Europe face group claims from Christian Dior and dozens of other beauty retailers, an intellectual property clash between the publisher of The Sun and ITV, and ISC Europe sue a former director for alleged money laundering. Here, Law360 looks at these and other new claims in the U.K.

  • April 26, 2024

    Patisserie Valerie Execs Deny Fraud Over Collapse

    The former chief financial officer of the company behind Patisserie Valerie and three other people pled not guilty to fraud charges brought by the Serious Fraud Office on Friday over allegations they helped conceal a £10 million ($12.5 million) black hole in the bakery and café chain's books.

  • April 26, 2024

    Ex-Parliamentary Researcher In Court On China Spy Charges

    Former parliamentary researcher Christopher Cash and his co-defendant Christopher Berry appeared at a London criminal court on Friday charged with spying for the Chinese government.

  • April 26, 2024

    HSBC Beats Investors' £1.3B Disney Film Scheme Fraud Case

    HSBC fended off on Friday a £1.3 billion ($1.6 billion) fraud claim brought by hundreds of investors who alleged the bank misled them into financing a Disney movie tax relief scheme it developed which turned out to be worthless.

  • April 25, 2024

    Law Firm Escapes £68M Ponzi Fraud Negligence Claim

    Lupton Fawcett LLP has averted a £68 million ($85 million) professional negligence claim against it, as a London court ruled the claimants' alleged loss as victims of a Ponzi fraud could not be linked to the law firm's actions.

  • April 25, 2024

    Ex-Locke Lord Atty Loses Fight To Challenge Fraud Sentence

    A London appellate court on Thursday blocked Locke Lord LLP's former banking partner from challenging his prison sentence for taking part in a £21 million ($26.2 million) Ponzi scheme.

  • April 25, 2024

    Disciplinary Chair Wins Worker Status, Holiday Pay

    A barrister who served as a chair on the regulatory board for the Nursing and Midwifery Council has won his bid for paid annual leave, with the Employment Tribunal finding that gig economy workers must have an incentive to take holidays, so they do not swap cash for rest.

  • April 25, 2024

    Ephgrave Says SFO Must Be 'Relevant' To UK Taxpayers

    The director of the Serious Fraud Office said on Thursday that the spate of fraud investigations launched early in his tenure wasn't a deliberate policy — though he acknowledged that he wants to make the agency "relevant to the taxpayer."

  • April 25, 2024

    Compliance Officer To Face Tribunal Over Accounts Failures

    A solicitor must face a disciplinary tribunal after he allegedly failed to provide accountants' reports for two law firms in southeast England and allowed the client account of one of those firms to be used as a banking facility, the Solicitors Regulation Authority has said.

  • May 02, 2024

    White & Case Hires White-Collar Pro From Noerr In Germany

    White & Case LLP has hired the former co-head of the compliance and investigations group at Noerr to lead its internal investigations team in Frankfurt as part of a big push to expand its global white-collar practice.

  • April 25, 2024

    Firms Urge Delays To 'Unclear' FCA Greenwashing Guidance

    Financial companies are urging the City watchdog to slow its anti-greenwashing rule that comes in force in May as legal experts warn that it has failed to clarify all its expectations in final guidance, putting businesses that make the wrong call at risk of enforcement action.

  • April 25, 2024

    Police Did Not Sack Officer For Making Adult TV Complaint

    A former police officer has failed to secure provisional compensation for her dismissal after a tribunal ruled that a London policing body did not fire her for blowing the whistle on colleagues for refusing to stop watching adult television at work.

  • April 25, 2024

    Post Office Official Denies Misleading Court About IT System

    A Post Office director denied misleading the court about what she knew about the IT system used to prosecute hundreds of innocent people, as she gave evidence to the inquiry into the scandal Thursday.

Expert Analysis

  • What Prince Harry Privacy Case May Mean For Media Ethics

    Author Photo

    An English High Court recently allowed the privacy case brought by Prince Harry and six other claimants against the Daily Mail publisher to proceed, which, if successful, could embolden other high-profile individuals to bring claims and lead to renewed calls for a judicial public inquiry into British press ethics, says Philippa Dempster at Freeths.

  • Economic Crime Act Exposure: What Companies Can Expect

    Author Photo

    The intention of the Economic Crime and Corporate Transparency Act is to make it easier to attribute criminal liability to companies if a senior manager has committed an offense, but the impact on corporate criminal convictions depends on who qualifies as a senior manager and the evidential challenges in showing it, say Hayley Ichilcik and Julius Handler at MoFo.

  • How European Authorities Are Foiling Anti-Competitive Hiring

    Author Photo

    Lawyers at Squire Patton discuss key labor practice antitrust concerns and notable regulation trends in several European countries following recent enforcement actions brought by the European Commission and U.K. Competition and Markets Authority.

  • FCA Promotions Review Sends A Strong Message To Firms

    Author Photo

    The recent FCA review into firms' compliance with the rules on promoting high-risk investments to retail clients clarifies that it expects the letter and the spirit of the rules to be followed, and given the interplay with the consumer duty, there are wider implications at stake, say Marina Reason and Chris Hurn at Herbert Smith.

  • When Can Bonuses Be Clawed Back?

    Author Photo

    The High Court's recent decision in Steel v. Spencer should remind employees that the contractual conditions surrounding bonuses and the timing of any resignation must be carefully considered, as in certain circumstances, bonuses can and are being successfully clawed back by employers, say Merrill April and Rachael Parker at CM Murray.

  • The State Of UK Litigation Funding After Therium Ruling

    Author Photo

    The recent English High Court decision in Therium v. Bugsby Property has provided a glimmer of hope for litigation funders about how courts will interpret this summer's U.K. Supreme Court ruling that called funding agreements impermissible, suggesting that its adverse effects may be mitigated, says Daniel Williams at DWF Law.

  • UK Shareholding Report A Missed Opportunity For New Tech

    Author Photo

    The recommendations in the U.K. Digitization Taskforce's recent report on digitizing and improving the U.K. shareholding framework are moderate but not revolutionary, and its failure to recommend digital ledger technology will impede a full transformation of the system, say Tom Bacon and Andrew Tsang at BCLP.

  • What Lawyers Need To Know About The UK Online Safety Act

    Author Photo

    The recently passed U.K. Online Safety Act requires regulated providers to take action to assess and mitigate user risks, and counsel for these companies should take advantage of Ofcom’s clear desire to have a collaborative relationship and improve governance, say Rachael Annear and Tristan Lockwood at Freshfields.

  • Trial By AI Could Be Closer Than You Think

    Author Photo

    In a known first for the U.K., a Court of Appeal justice recently admitted to using ChatGPT to write part of a judgment, highlighting how AI could make the legal system more efficient and enable the judicial process to record more accurate and fair decisions, say Charles Kuhn and Neide Lemos at Clyde & Co.

  • Employer Considerations After Visa And Application Fee Hikes

    Author Photo

    The U.K.'s recent visa and application fee increases are having a significant financial impact on businesses, and may heighten the risk of hiring discrimination, so companies should carefully reconsider their budgets accordingly, says Adam Sinfield at Osborne Clarke.

  • Why It's Urgent For Pharma Cos. To Halt Counterfeit Meds

    Author Photo

    With over 10.5 million counterfeit medicines seized in the EU in 2023, it is vital both ethically and commercially that pharmaceutical companies take steps to protect against such infringements, including by invoking intellectual property rights protection, says Lars Karnøe at Potter Clarkson.

  • Nix Of $11B Award Shows Limits Of Arbitral Process

    Author Photo

    A recent English High Court decision in Nigeria v. Process & Industrial Developments, overturning an arbitration award because it was obtained by fraud, is a reminder that arbitration decisions are ultimately still accountable to the courts, and that the relative simplicity of the arbitration rules is not necessarily always a benefit, say Robin Henry and Abbie Coleman at Collyer Bristow.

  • How The Netherlands Became A Hub For EU Class Actions

    Author Photo

    As countries continue to implement the European Union Collective Redress Directive, the Netherlands — the country with the largest class action docket in the EU — provides a real-world example of what class and mass litigation may eventually look like in the bloc, say lawyers at Faegre Drinker and Houthoff.

  • Navigating The Novel Challenges Facing The Legal Profession

    Author Photo

    The increasing prominence of ESG and AI have transformed the legal landscape and represent new opportunities for lawyers, but with evolving regulations and the ever-expanding reach of the Solicitors Regulation Authority, law firms should ensure that they have appropriate policies in place to adapt to these challenges, say Scott Ashby and Aimee Talbot at RPC.

  • Sustainable Finance Consultations May Signal Key Changes

    Author Photo

    The European Commission's recently launched consultations on the sustainable finance disclosure regulation point to important changes, including the potential introduction of a new product categorization system, and illustrate that there are clearly issues with the existing framework, say Ferdisha Snagg and Andreas Wildner at Cleary.

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!