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In the current economic climate, it is not uncommon for distressed businesses to be restructured through insolvency; the idea being to emerge in a leaner and more robust form albeit trading under a similar name.

Large corporations prosecuted for health and safety and environmental offences can be subjected to fines amounting to hundreds of thousands of pounds.

The High Court has recently held that two directors, who were taken in by a substantial fraud, were in breach of duty to the company.

After more than a decade of deliberation, the United Kingdom enacted new anti-corruption legislation on April 8, 2010. The "Bribery Act" replaces a patchwork of common law and statutory offenses dating back to 1889, and it is designed to simplify and modernize the United Kingdom's current restrictions on bribery.

Today, the Director of Public Prosecutions (DPP) Keir Starmer QC, and the Director of the Serious Fraud Office (SFO), Richard Alderman, issued joint guidance for prosecutors on the Bribery Act 2010.

On 25 March the Government published the Bribery Bill, aimed at modernising, clarifying and simplifying the laws on bribery as they apply in England, Wales and Northern Ireland, so that they are contained in a single statute.

In order to become law the Bribery Bill ("Bill") has to be debated and approved by both the House of Commons and the House of Lords.

All businesses and their legal advisers need to get to grips with their obligations under the Bribery Bill, as failure to implement adequate procedures could have dire consequences, warns Neil Swift.

It looks as though 2017 will be another busy year in the corporate crime world, with potentially major implications for individuals and corporates alike.

Sir Geoffrey Vos dismissed the application and ruled that the Documents were covered by litigation privilege.

The much anticipated Bribery Act 2010 (the "Act") came into force in July 2011 and brought significant changes to the anti-corruption regime in the United Kingdom.

The recent FCA fines imposed on State Street could have implications across the industry.

The Bribery Act 2010 comes into force in April 2011 against the background of increasing international pressure for a concerted crackdown on bribery and corruption, exemplified by the OECD Convention on Combating Bribery of Foreign Public Officials, to which the UK signed up in 1998, and the judicial view that "There can be no doubt that corruption of foreign government officials or foreign government ministers is at the top end of serious corporate offending."

The Economic Crime and Corporate Transparency Act 2023 (the "Act") aims to deliver a range of reforms to tackle economic crime and improve transparency over corporate entities.

Therese Chambers, Joint Executive Director of Enforcement and Market Oversight, delivered a speech at the 22nd Annual IBA Anti-Corruption Conference on 17 June 2026, setting out how the FCA's approach to combating financial crime is evolving beyond traditional enforcement.

Over time and bit by bit the UK's approach to corporate criminal liability is being narrowed. The issue has long been debated with many commentators agreeing that the current criminal legal...

As reported in our previous Law-Now, on 14 April 2010, John Dougall, a former director of a UK medical devices manufacturer, became the first British citizen to be convicted in the UK of a corruption offence for overseas corruption of foreign public officials.