The first unexplained wealth order secured by the Serious Fraud Office, against the former wife of a convicted solicitor, suggests that the agency is thinking creatively about how to use the dirty-money tools at its disposal, although lawyers wonder whether it will be a durable strategy.
The first unexplained wealth order secured by the Serious Fraud Office, against the former wife of a convicted solicitor, suggests that the agency is thinking creatively about how to use the dirty-money tools at its disposal, although lawyers wonder whether it will be a durable strategy.
Benefits cheats who fail to reimburse taxpayers could have cash owed taken directly from their bank accounts, as part of the U.K. government's plan to launch the "biggest fraud crackdown in a generation."
TSB Bank must face an employee's sex and race bias claims after an employment tribunal ruled that it could not resolve the differences between the two versions of events without going to trial.
The regulatory arm of the Bank of England has set out 2025 priorities for U.K. and international banks in two "Dear CEO" letters, saying they should use data better at a time of growing use of artificial intelligence.
The chair of a United Kingdom parliamentary committee said Wednesday he was disappointed in HM Revenue & Customs rejection of an inquiry alleging the tax authority's customer service standards deteriorated to an all-time low in 2023 and 2024, arguing the agency approved reports that back up his findings.
Norway's sovereign wealth fund said Wednesday that it has paid £305.7 million ($378 million) for a 25% stake in a portfolio of mixed properties in central London in a new joint venture with developer Grosvenor Property UK.
Temple Bright LLP has snapped up two longtime lawyers from Travers Smith and Ashurst to continue making inroads into the growing market for alternatives to traditional law firms.
Charles Russell Speechlys LLP has hired an expert in digital assets to work at its financial services and funds team in London as the firm moves to bolster its practice in the face of an increasingly complex financial technology sector.
Following a recent Financial Conduct Authority survey showing an increase in nonfinancial misconduct, the regulator has made clear that it expects firms to have systems in place to identify and mitigate risks, says Charlotte Pope-Williams at 3 Hare Court.
