极速赛车

Corporate Crime & Compliance UK

  • July 14, 2025

    Deezer Sues For 鈧12M Over Hacked Data Sold On Dark Web

    Deezer has hit a marketing software business with a claim of almost 鈧12 million ($14 million) at a London court, alleging that the technology company negligently handled users' data that was eventually hacked and sold on the dark web.

  • July 11, 2025

    Wine Exec Extradited From UK Denies $99M Fraud Scheme

    One of two executives of a United Kingdom wine company was extradited to the U.S. and pled not guilty on Friday in Brooklyn federal court to charges that he conned investors into making loans using wine collections as collateral, cheating them out of $99 million.

  • July 11, 2025

    Celebs Cannot Use Pattern To Prove Mail Claims, Judge Says

    A London judge ruled Friday that celebrities suing the publisher of the U.K.'s Daily Mail newspaper for allegedly gathering information about them through unlawful methods cannot prove their individual claims by showing the company's journalists used those methods habitually.

  • July 11, 2025

    Entrepreneur Sues Rights Advocate Over $1B Corruption Claim

    The owner of a green economy investment company has alleged that a human rights advocate defamed the owner in an article that claimed he used his companies to embezzle more than $1 billion into offshore accounts and had bribed high-profile U.S. officials.

  • July 11, 2025

    Deceased Financiers' Assets Tapped To Cover Thai Bank Debt

    The liquidators of a collapsed Thai lender can be paid from the English assets of two deceased financiers convicted over an embezzlement scheme, after a judge held Friday the funds can go to partially cover a judgment debt totaling 拢60 million ($81 million).

  • July 11, 2025

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

    This past week in London has seen HS2 hit with a defamation claim by two ex-employees who blew the whistle on alleged under-reporting of costs, Craig Wright and nChain face legal action brought by its former chief financial officer over a fraud scheme, and pro-footballer Axel Tuanzebe bring a clinical negligence claim against his former club Manchester United F.C. Here, 极速赛车 looks at these and other new claims in the U.K.

  • July 11, 2025

    UK Election Gambling Cheating Trials Fixed For 2027, 2028

    A London criminal judge on Friday told defendants charged with gambling offenses over bets on the timing of the previous U.K. general election on Friday that they will have to wait until 2027 at the earliest for their trials.

  • July 11, 2025

    Ex-Insurance CEO's Wife Can't Ax 拢15M Asset Freeze

    A London appeals court upheld a 拢15 million ($20.3 million) asset freeze on Friday against the wife of a former insurance company executive who is accused of cashing in on money her husband siphoned off from the business.

  • July 11, 2025

    Staley Tribunal Decision Could Fuel Challenges To FCA Fines

    A landmark tribunal ruling that upheld the Financial Conduct Authority's ban of ex-Barclays CEO James "Jes" Staley from banking 鈥 but slashed his fine 鈥 could ultimately lead聽other executives with back-loaded pay packages to fight the watchdog's decisions, lawyers say.

  • July 10, 2025

    Russian Banker Inks Sanctions DPA After FBI Botches Warrant

    The founder of Bank Otkritie on Thursday secured a deferred prosecution agreement with Manhattan federal prosecutors to resolve allegations of assisting the head of Russian state-backed lender VTB Bank in evading U.S. sanctions, just a month after a swath of email evidence was thrown out over a botched FBI search warrant.

  • July 10, 2025

    Ninth Person Convicted In 鈧2.3M German VAT Fraud

    A German court has convicted the ninth individual linked with a 鈧2.3 million ($2.7 million) value-added tax fraud scheme involving international trade of cars, European Union prosecutors announced Thursday.

  • July 10, 2025

    14 Arrested Over Suspected Phishing-Tied Tax Fraud Scheme

    Fourteen people have been arrested as part of an international investigation into a large-scale tax fraud operation that used personal data stolen in phishing attacks, the U.K. tax authority announced on Thursday.

  • July 10, 2025

    Rusal Can Serve Claim On Abramovich Via Oligarch's Lawyers

    A London judge on Thursday approved Russian aluminum giant Rusal to serve a claim on Russian oligarch Roman Abramovich via his lawyers over alleged breaches of an agreement setting out the governance of a Russian mining company.

  • July 10, 2025

    Four Arrested Over Cyberattacks On M&S, Co-Op and Harrods

    The National Crime Agency arrested four people on Thursday for their suspected involvement in cyberattacks that targeted retail giants Marks & Spencer, the Co-op and Harrods.

  • July 10, 2025

    UK Watchdog Investigating Deloitte, Azets Over Stenn Audits

    The U.K. accounting watchdog said Thursday it has started investigations into accounting firms Azets Audit Services Ltd. and Deloitte LLP over their audit of U.K. invoice financing firm Stenn Assets, which collapsed in 2024 after a lender found suspicious transactions.

  • July 10, 2025

    Signature Hires 2 Pros For New White Collar Crime Practice

    Signature Litigation LLP said Thursday that it has hired two new partners from Goodwin Procter LLP and Cadwalader Wickersham & Taft LLP in London to spearhead the launch of a new global white collar crime practice.

  • July 10, 2025

    EU Prosecutors Detain 8 Individuals In 鈧68M VAT Fraud Probe

    European Union prosecutors revealed Thursday that they have detained eight people in Spain for their alleged involvement in a 鈧68 million ($80 million) value-added tax fraud linked to alcohol imported from other member states.

  • July 10, 2025

    Housebuilders To Pay 拢100M After CMA Info-Sharing Probe

    A group of housing developers has agreed to pay a record 拢100 million ($136 million) to build affordable homes after an investigation into suspected illegal information sharing by Britain's competition watchdog.

  • July 09, 2025

    OFAC Fines Tech Co. $1.4M Over Iran Sanctions Violations

    Harman International Industries Inc. has agreed to pay more than $1.4 million to settle allegations from the U.S. Department of the Treasury's trade sanctions enforcement arm that various compliance deficiencies at the audio electronics company contributed to Iran sanctions violations.

  • July 09, 2025

    Sweden Wins 鈧60M Pension Fraud Case Against Financier

    A London court has ruled that a financier defrauded the Swedish government by setting up an illegitimate investment fund that took 鈧60.7 million ($71.1 million) from savers' pension accounts.

  • July 09, 2025

    Insurers Argue $37M Liability Void Over Director's Charges

    Six insurers told an appeals court Wednesday they should not have to pay $37 million to the owners of a cargo ship seized by the Indonesian navy because the policy was rendered void by the owner's failure to disclose that its director faced criminal charges.

  • July 09, 2025

    BoE Flags Cyber Risk Blind Spots In Stress Test

    The Bank of England's regulatory arm has warned companies that financial firms are ill-prepared for a cyberattack that threatens timely settlements.

  • July 09, 2025

    Mastercard Unit Fined 拢12M Over Compliance Failures

    The Bank of England said Wednesday that it has slapped an 拢11.9 million ($16.2 million) fine on Mastercard's U.K. payment systems operator Vocalink, in what the central bank called a first for a financial infrastructure company.

  • July 09, 2025

    Lawyers Warn Jury-Free Trials Won't Solve Court Backlog

    Proposals to create a new division of court without juries will not solve the backlog of cases facing the criminal justice system without long-term investment to undo systemic underfunding, lawyers warned Wednesday.

  • July 08, 2025

    Fraud Trials Without Juries At Heart Of Radical Court Reform

    A landmark independent review of England's ailing criminal court system on Wednesday called for serious and complex fraud cases to be tried by judge alone and the creation of a new category of court without juries.

Expert Analysis

  • How UK Supreme Court May Assess Russia Sanctions Cases

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    In two recent U.K. Supreme Court cases challenging the U.K. Russia sanctions regime, the forthcoming judgments are likely to focus on proportionality and European Convention on Human Rights compatibility, and will undoubtedly influence how future challenges are shaped, says Leigh Crestohl at Zaiwalla.

  • How EU Digital Act Could Shape UK Technology Disputes

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    Noncompliance with the recently effective European Union Digital Operational Resilience Act will add layers of complexity to disputes and litigation for U.K.-based firms servicing EU entities, but international standards may serve as a bridge between jurisdictional and contractual misalignments, says Siobhan Forster at Alvarez & Marsal.

  • Key Findings From EU Report On Antitrust Remedies

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    Although the European Commission鈥檚 recent report assessing the effectiveness of its antitrust policy on behavioral remedies is not binding, it may influence future cases and promote coherence, providing useful insights for national competition authorities and courts when considering remedies in their own jurisdictions, say lawyers at Paul Weiss.

  • How Foreign Cos. Should Prep For New UK Fraud Law

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    As the U.K. prepares to hold companies criminally liable for failing to prevent fraudulent acts of their associates, U.S. and global companies should review their compliance measures against the broad language of this new offense, which could permit prosecution of acts committed entirely abroad, say attorneys at Latham & Watkins.

  • Opinion

    EU's AI Code Of Practice Creates Risk Of Regulatory Clashes

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    The second draft of the European Commission's Artificial Intelligence Code of Practice significantly expands beyond the European Union's existing legal framework for AI 鈥 especially around copyright protection, public transparency and reporting obligations 鈥 and risks interfering with other EU laws by introducing requirements contrary to existing regulations, say lawyers at MoFo.

  • Ruling In SFO Case Shows How Contract Rules Apply To DPAs

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    The Court of Appeal鈥檚 recent decision upholding the Serious Fraud Office's first-ever attempt to enforce an expired deferred prosecution agreement illustrates that the courts' approach to DPAs is governed by the rules of contract, and that the intention of the parties at the time of agreement is critical to contract interpretation, say lawyers at Simmons & Simmons.

  • What To Know About Compliance As EU AI Act Takes Effect

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    Raj Shah at Mishcon de Reya explains how recently effective provisions of the European Union Artificial Intelligence Act, which concern prohibited AI practices and AI literacy, will affect both providers and users of AI systems, and suggests steps that companies can take now to plug any compliance gaps.

  • Banker Remuneration Proposals Could Affect More Than Pay

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    The Financial Conduct Authority and Prudential Regulation Authority鈥檚 pending proposals to reduce banker remuneration restrictions bring obvious personal financial advantages for bankers, but may have repercussions that result in increased scrutiny of bonus payments and wider changes to workplace culture and overall accountability, say lawyers at Fox Williams.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    鈥淣o comment鈥 is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • EU Report May Influence Regulation Of Decentralized Finance

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    The European supervisory authorities鈥 recent report on decentralized finance highlights the major regulatory challenges and increased cybersecurity risks of this ecosystem, and will likely provide useful guidance on how the market could be regulated to limit potential risks for investors, say Hubert de Vauplane and Hugo Bordet at Morgan Lewis.

  • EU Paper Urges Data Protection And Competition Law Unity

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    A recent European Data Protection Board position paper calls for closer cooperation among data protection and competition authorities, and provides valuable insight for businesses seeking to ensure compliance across an increasingly complex regulatory landscape, say lawyers at Paul Weiss.

  • Market Infrastructure Regs Aim To Reinvigorate EU Trading

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    The recently amended European Market Infrastructure Regulation, imposing a requirement on certain financial and nonfinancial institutions to maintain an active EU counterparty account, hopes to incentivize the central clearing of trades, although there are concerns that higher compliance costs will lead to a decrease in competitiveness, say lawyers at McDermott.

  • The Pros And Cons Of A 2nd Trump Term For UK Tech Sector

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    While U.S. President Donald Trump鈥檚 protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.

  • Why EU Omnibus Package Is Receiving Mixed Reactions

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    Although the forthcoming European Union omnibus simplification package consolidating corporate sustainability reporting requirements aims to reduce the regulatory burden on businesses, reaction to the proposals has been mixed, and reassurance is needed that these measures will not result in a watering down of the legislation, say lawyers at Peters & Peters.

  • Review Of Computer Evidence Use Raises Complex Issues

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    The Ministry of Justice鈥檚 recent call for a review of computer-generated evidence used in criminal proceedings, solicits questions of how such evidence will be defined while also ensuring that changes can withstand technological advances and uphold the effective functioning of the criminal justice system, say lawyers at BCL Solicitors.

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