Richard Tice has been challenged for appearing to cast doubt on court documents that detailed how one of the party’s MPs was jailed for repeatedly kicking his girlfriend.
The Reform UK deputy leader defended James McMurdock, who was jailed 18 years ago for repeatedly kicking his girlfriend, saying the UK is a “Christian nation” that believes in “redemption”.
Speaking to the Politics Hub with Sophy Ridge, Mr Tice said he did not believe Mr McMurdock, the party’s MP for South Basildon and East Thurrock, should be “doomed as a sinner forever”.
He spent 21 days in a young offenders’ institution after admitting to the attack.
Before he was elected as an MP, the investment banker had not publicly disclosed the conviction and when it emerged in July he had been jailed for attacking his girlfriend when he was 19 years old, he downplayed the incident as a “teenage indiscretion”.
But further details of what happened during the incident emerged after The Times applied to the court for information from the official record, which showed he received the custodial sentence for “kicking” the victim “around four times”.
Image: James McMurdock. Pic: PA
Mr Tice said his colleague was an example of someone who “had a bad issue at a very young age but has gone full circle”.
He said the UK was a “great Christian nation” and added: “Are you seriously saying that if someone makes a bad mistake in life, aged 19, that there’s no redemption they are doomed as a sinner forever? No.”
He went on: “The whole point of Christianity is a sense of if you’ve done something wrong, you pay your price. And at the end of that sentence, whatever it is, then, in a sense you’ve done your bit, you served your punishment, whatever it is.
“Isn’t it remarkable that an individual had I, you know, had a bad issue at a very young age but has gone full circle.
“Doesn’t it show, actually, to other young people that bad stuff can happen – you can make bad judgements, you can get things badly wrong. But many years later, actually you can you can do really well.
“He had a great job and end up as a member of parliament. I think that’s a good thing.”
MPs do not have to disclose previous convictions to the public when standing, with only people in prison at the time of the election for a sentence of more than a year barred.
McMurdock’s victim’s mother brought the incident to light a week after his election, saying he “left marks on her body” and “it took two security guards to pull him off her”.
When the allegations were revealed, McMurdock said the pair had argued and he had pushed her.
Challenged on whether there had been a “major discrepancy” between Mr McMurdock’s version of events and what had been reported, Mr Tice replied that his “understanding” of the incident was “different” to what The Times said had happened.
Pressed on what he believed happened, Mr Tice replied: “It actually doesn’t matter.”
“I’m trusting James,” he said.
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‘He wasn’t vetted’, says Farage of MP
“He’s bang on the money and I think that what he says is right. He was there. The court wasn’t there. The Times weren’t there.
“The law is the law. The law ruled that he had transgressed and he was punished. He served his punishment.”
When the allegations emerged, Mr McMurdock told Sky News the incident was “the biggest regret of my life”.
He said: “While I absolutely deny the horrific details in this tale, there is one truth in it that I cannot, nor will not deny or hide from.
“A generous person might call it a teenage indiscretion but I do not expect everyone to be so kind.
“Nearly 20 years ago, at 19 years of age, at the end of a night out together, we argued and I pushed her. She fell over and she was hurt. Despite being 38 now and having lived a whole life again I still feel deeply ashamed and apologetic.
“Despite us both being very drunk, I handed myself into the police immediately and admitted my fault. I was charged for what I did, not for what has been claimed, and I faced the consequences then and paid for my action in full.
“This is the biggest regret of my life and I wish I could go back in time and fix things.”
South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit.
The Financial Services Commission (FSC) is reviewing new provisions that would require exchanges to compensate customers for losses stemming from hacks or system failures, even when the platform is not at fault, The Korea Times reported on Sunday, citing officials and local market analysts.
The no-fault compensation model is currently applied only to banks and electronic payment firms under Korea’s Electronic Financial Transactions Act.
The regulatory push follows a Nov. 27 incident involving Upbit, operated by Dunamu, in which more than 104 billion Solana-based tokens, worth approximately 44.5 billion won ($30.1 million), were transferred to external wallets in under an hour.
Regulators are also reacting to a pattern of recurring outages. Data submitted to lawmakers by the Financial Supervisory Service (FSS) shows the country’s five major exchanges, Upbit, Bithumb, Coinone, Korbit and Gopax, reported 20 system failures since 2023, affecting over 900 users and causing more than 5 billion won in combined losses. Upbit alone recorded six failures impacting 600 customers.
The upcoming legislative revision is expected to mandate stricter IT security requirements, higher operational standards and tougher penalties. Lawmakers are weighing a rule that would allow fines of up to 3% of annual revenue for hacking incidents, the same threshold used for banks. Currently, crypto exchanges face a maximum fine of $3.4 million.
The Upbit breach has also drawn political scrutiny over delayed reporting. Although the hack was detected shortly after 5 am, the exchange did not notify the FSS until nearly 11 am. Some lawmakers have alleged the delay was intentional, occurring minutes after Dunamu finalized a merger with Naver Financial.
As Cointelegraph reported, South Korean lawmakers are also pressuring financial regulators to deliver a draft stablecoin bill by Dec. 10, warning they will push ahead without the government if the deadline is missed.
The ruling party’s ultimatum follows slow progress and repeated delays, with officials hoping to bring the bill to debate during the National Assembly’s extraordinary session in January 2026.
Millionaire Tory donor Malcolm Offord has defected to Reform UK, saying he would be campaigning “tirelessly” to “remove this rotten SNP government”.
Nigel Farage announced the former Conservative life peer’s defection during a rally in the Scottish town of Falkirk, where regular anti-immigration protests have taken place outside the Cladhan Hotel – which is being used to house asylum seekers.
Mr Farage, Reform UK’s leader, said he was “delighted” to welcome Greenock-born Lord Offord to Reform, describing his defection as “a brave and historic act”.
He added: “He will take Reform UK Scotland to a new level.”
During a speech, Lord Offord, who previously donated nearly £150,000 to the Tories, said he would be quitting the Conservative Party and giving up his place in the House of Lords as he prepares to campaign for a seat in Holyrood in May.
The 61-year-old said he wanted to restore Scotland to a “prosperous, happy, healthy country”.
“Scotland needs Reform and Reform is coming to Scotland,” he told the rally.
“Today I can announce that I am resigning from the Conservative Party. Today I am joining Reform UK and today I announce my intention to stand for Reform in the Holyrood election in May next year.
“And that means that from today, for the next five months, day and night, I shall be campaigning with all of you tirelessly for two objectives.
“The first objective is to remove this rotten SNP government after 18 years, and the second is to present a positive vision for Scotland inside the UK, to restore Scotland to being a prosperous, proud, healthy and happy country.”
The latest defection comes as Mr Farage finds himself at the centre of allegations of racism dating back to his time in school.
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Claims made against Nigel Farage
Sky News reported on Saturday that a former schoolfriend of Mr Farage claimed he sang antisemitic songs to Jewish schoolmates – and had a “big issue with anyone called Patel”.
Jean-Pierre Lihou, 61, was initially friends with the Reform UK leader when he arrived at Dulwich College in the 1970s, at the time when Mr Farage is accused of saying antisemitic and other racist remarks by more than a dozen pupils.
Mr Farage has said he “never directly racially abused anybody” at Dulwich and said there is a “strong political element” to the allegations coming out 49 years later.
Reform’s deputy leader Richard Tice has called the ex-classmates “liars”.
A Reform UK spokesman accused Sky News of “scraping the barrel” and being “desperate to stop us winning the next election”.
The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.
On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.
Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.
“I am even more concerned that the proposal makes ESMA responsible for both the authorisation and the supervision of CASPs, not only the supervision,” she told Cointelegraph.
The proposal still requires approval from the European Parliament and the Council, which are currently under negotiation.
If adopted, ESMA’s role in overseeing EU capital markets would more closely resemble the centralized framework of the US Securities and Exchange Commission, a concept first proposed by European Central Bank (ECB) President Christine Lagarde in 2023.
EU plan to centralize licensing under ESMA creates crypto and fintech slowdown concerns
The proposal to “centralize” this oversight under a single regulatory body seeks to address the differences in national supervisory practices and uneven licensing regimes, but risks slowing down overall crypto industry development, Elisenda Fabrega, general counsel at Brickken asset tokenization platform, told Cointelegraph.
“Without adequate resources, this mandate may become unmanageable, leading to delays or overly cautious assessments that could disproportionately affect smaller or innovative firms.”
“Ultimately, the effectiveness of this reform will depend less on its legal form and more on its institutional execution,” including ESMA’s operational capacity, independence and cooperation “channels” with member states, she said.
Global stock market value by country. Source: Visual Capitalist
The broader package aims to boost wealth creation for EU citizens by making the bloc’s capital markets more competitive with those of the US.
The US stock market is worth approximately $62 trillion, or 48% of the global equity market, while the EU stock market’s cumulative value sits around $11 trillion, representing 9% of the global share, according to data from Visual Capitalist.