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A review of the LIBOR scandal: a unique case with no end in sight

Baker Botts LLP
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United Kingdom, USA
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March 11 2013

On June 27, 2012, when Barclays Bank PLC made international headlines for its $453 million settlement with the U.S. and UK authorities for its role

A summary of major developments in key areas

Herbert Smith Freehills LLP
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Australia, European Union, Indonesia, Myanmar, United Kingdom
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March 7 2013

The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and

OFT wants more current account changes

Dentons
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United Kingdom
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February 1 2013

OFT says the current account markets must change more to address its concerns over competition and the needs of customers. Its most recent review

UK: OFT review of personal current account market suggests significant changes are still necessary

Herbert Smith Freehills LLP
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United Kingdom
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January 28 2013

The Office of Fair Trading (OFT) has published its review into the personal current account (PCA) market. A report evaluating the impact of the OFT's

Preview 2013 (UK law)

Herbert Smith Freehills LLP
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European Union, United Kingdom
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January 15 2013

2013 will herald some significant changes to the UK legal arena, notably in the corporate area in relation to executive remuneration and narrative

Competition Bureau disputes public statement by RBS Group

Stikeman Elliott LLP
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Canada, United Kingdom
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December 3 2012

On November 14, the Competition Bureau published a news release disputing a statement made by the Royal Bank of Scotland Group (RBS) related to the Bureau’s ongoing investigation of alleged collusive conduct in the setting of the LIBOR benchmark rate

OFT consultation on the power to suspend consumer credit licences - draft OFT guidance for licence holders (closes 15 January 2013)

Baker & McKenzie
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United Kingdom
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November 19 2012

The Office of Fair Trading (OFT) is to be given a new power to suspend consumer credit licences with immediate effect or from a date specified in the notice, where this is urgently necessary for the protection of consumers

OFT consults on CCA licence suspension guidance

Dentons
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United Kingdom
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October 26 2012

OFT is consulting on how it will use its new powers to suspend consumer credit licences with immediate effect

The FSA’s ‘Journey to the FCA’ embeds competition in the FCA’s regulatory approach

RPC
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United Kingdom
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October 24 2012

Following the June 2011 FSA publication “The Financial Conduct Authority: Approach to Regulation“, which placed the promotion of effective competition at the centre of the new FCA’s remit, the FSA has now published ‘Journey to the FCA‘, which provides further detail on what that will mean in practice

Treasury highlights FCA competition objective

Dentons
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United Kingdom
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October 19 2012

Speaking before the presentation of the FCA approach document (see below), the Financial Secretary to Treasury, Greg Clark, has highlighted the importance of the new competition objective that FCA will assume

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Search results

A review of the LIBOR scandal: a unique case with no end in sight

A summary of major developments in key areas

OFT wants more current account changes

UK: OFT review of personal current account market suggests significant changes are still necessary

Preview 2013 (UK law)

Competition Bureau disputes public statement by RBS Group

OFT consultation on the power to suspend consumer credit licences - draft OFT guidance for licence holders (closes 15 January 2013)

OFT consults on CCA licence suspension guidance

The FSA’s ‘Journey to the FCA’ embeds competition in the FCA’s regulatory approach

Treasury highlights FCA competition objective

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