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Avoiding the "death spiral": High Court finds for MasterCard in interchange fee claim
  • CMS
  • United Kingdom
  • February 22 2017

MasterCard has prevailed in ten High Court actions (heard together) brought against it by UK high street retailers, in the latest instalment of the

Mastercard Win Over Retailers for “Interchange Fees”
  • K&L Gates
  • European Union, United Kingdom
  • February 21 2017

Mastercard has won a victory against a group of UK retailers, including Morrisons, who had brought proceedings against it for damages for breaches of

FIG Bulletin - 10 February 2017
  • Hogan Lovells
  • European Union, United Kingdom
  • February 10 2017

On 8 February 2107, the Financial Conduct Authority (FCA) published a Discussion Paper, DP171, seeking views on the practice of investing in illiquid

InCredit - 7 February 2017
  • Addleshaw Goddard LLP
  • European Union, OECD, United Kingdom
  • February 8 2017

Since our last publication, the CMA has issued guidance on the Payday Lending Market Investigation Order 2015. In other news, ESMA has published the

The High Court sets the CAT among the pigeons: A win for MasterCard in the High Court
  • Shepherd and Wedderburn LLP
  • United Kingdom
  • February 7 2017

The High Court has handed down a surprising decision in a claim by a number of retailers against MasterCard. The High Court decided in MasterCard's

FIG Bulletin - 03 February 2017
  • Hogan Lovells
  • European Union, United Kingdom
  • February 3 2017

On 1 February 2017, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published a policy statement, FCA PS171 and

Financial Services Regulation exchange - Issue 31 - Feb 2017- In Focus
  • DLA Piper LLP
  • United Kingdom
  • February 1 2017

On 3 November 2016, the FCA published its response (Response) to the Competition and Markets Authority’s

Being prepared for Brexit - A checklist
  • K&L Gates
  • European Union, United Kingdom
  • January 31 2017

Theresa May, the UK Prime Minister, has outlined in a speech the UK's negotiating objectives for exiting the European Union (EU). May has listed 12

Could you recover excessive credit card interchange fees?
  • Penningtons Manches LLP
  • United Kingdom
  • January 31 2017

Following one of the leading UK supermarkets being awarded £68.5 million (plus interest) in compensation for excessive and anti-competitive

Financial Conduct Authority Probes Competition in the Mortgage Sector
  • Bryan Cave LLP
  • United Kingdom
  • January 24 2017

On 12 December 2016, the Financial Conduct Authority (the "FCA") launched a market study into the residential mortgage market to ascertain whether