Christopher Crosby

The U.K. government has inked a new partnership with the United Arab Emirates to clamp down on the flow of illicit cash and strengthen protections against money laundering and terrorist financing.

Britain’s highest court has agreed to hear an attempt by Stanford International Bank to revive a £118 million ($163 million) lawsuit against HSBC over a $7 billion, decadeslong Ponzi scheme orchestrated by the Antiguan bank’s former owner.

The government and the finance regulator have agreed with recommendations to beef up the forthcoming Online Safety Bill as part of a post-mortem into the collapse of minibond firm London Capital & Finance, documents published on Monday by senior MPs reveal.

A former stockbroker accused of acting as a “banker” for an international boiler room scam played a key role in laundering the criminal proceeds of the fraud, according to evidence presented by prosecutors at a trial in London on Wednesday.

Singer Johnny Rotten has lost a court battle over the use of the Sex Pistols’ music in a new television series about the group, as a judge ruled on Monday that his former band members can license the material by a majority vote.

A British headhunter hired by Citadel LLC to lure securities traders away from Susquehanna International Group in Dublin can rope the financial giant into its rival’s €47 million ($55 million) executive poaching dispute, an Irish court has ruled.

The former manager of a luxury shoe designer was sentenced to more than four years in prison at a crown court in London on Friday for spending more than £500,000 ($680,000) of company money financing a lavish lifestyle of fine clothes, expensive holidays and nightclubs.

A former Cambridge University academic imprisoned after admitting to forging documents to obtain research grants has three months to repay the government £1.34 million ($1.83 million) or face returning to prison for eight-and-a-half years, a London court ruled on Thursday.

Another veteran barrister has departed Essex Court Chambers and joined the ranks of its rival, Brick Court Chambers, in the wake of sanctions imposed by China for criticism of Beijing’s treatment of the Uyghurs.

An insurance consultant could be in line to receive a £212,000 ($291,000) windfall from Regis Mutual Management Ltd. after a judge at a London court ruled on Wednesday that the middleman was promised a reward for introducing a client to the insurer.

Two former executives of a British IT services provider pleaded not guilty at a crown court in London on Tuesday to misleading investors in a £43 million ($59 million) market abuse scandal.

Five people charged by the Serious Fraud Office with corruption and money laundering for allegedly paying bribes to win construction contracts in the U.K. are headed to trial next year after a judge at a London court set a date on Tuesday.

An Illinois federal judge gave her early blessing Monday to a $28 million settlement resolving claims that Wells Fargo used telemarketers that sold card processing services to customers without warning them that the calls were recorded.

A Ghanaian electricity producer has denied owing a Swiss commodities company $17 million for a shipment of unpaid propane, telling a court that it had no choice but to abandon the deal when the country’s regulator forced it to buy supplies only from licensed providers.

The Financial Conduct Authority’s recent court success cracking down on middlemen hawking pensions products is a warning call to the rest of the industry to be wary of unregulated advisers, attorneys say.

Two subsidiaries of South African retailing giant Steinhoff Group have sued a British real estate company and its directors for fraud in London, alleging they helped the furniture dealer’s former chief executive misappropriate $112 million as part of a crippling accounting scandal.

A subsidiary of Azerbaijan’s state-run oil company has sued BNP Paribas SA for more than $7 million after thieves tricked the bank into transferring money overseas, arguing that the lender failed to verify whether the payments were genuine.

Britain’s financial watchdog said Monday that it has won a High Court application for a bankruptcy order to recover £530,000 ($735,000) from a trader who lost investor money in the foreign exchange market after giving unauthorized advice over social media.

A High Court judge ruled Monday that a private Qatari investment fund’s boss waited too long before serving a £1.6 million ($2.2 million) lawsuit on an antiques dealer who sold him an allegedly fake statue, saying the pandemic wasn’t a valid excuse for delay.

Eurasian Natural Resources Corp.’s abuse trial against the Serious Fraud Office and Dechert LLP has produced explosive moments from the witness stand. As the case heads toward closing arguments, Law360 looks at the lies, leaks and drunken boasts in its roundup of the biggest moments from the two-mon…