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Use it or lose it: FCA accelerates crack down on unused regulatory permissions

United Kingdom - July 6 2022 The Financial Conduct Authority’s new powers to more swiftly cancel or change firms’ regulatory permissions have now come into effect. These powers…

Chris Webber

Legal NewsBITE: Food and Drink Quarterly - March 2022

European Union, United Kingdom - April 4 2022 The UK's Food Standards Agency (FSA) and Food Standards Scotland (FSS) have issued a warning to UK consumers that oil is being replaced in many…

Ken Huestebeck, Valeria Gariboldi, Jonathan Chibafa, Carlton Daniel, Hannah Kendrick, Nicola A. Smith

FCA consults on guidance for firms who seek to limit their liabilities

United Kingdom - February 16 2022 The Financial Conduct Authority has published proposed guidance on the use by firms of compromises to manage their liabilities. Compromises include…

Chris Webber

Legal NewsBITE: Food and Drink Quarterly - December 2021

United Kingdom - December 23 2021 In October, the French Competition Authority (FCA) issued a Statement of Objections (SO) (which is effectively a "charge sheet" against suspected…

Carlton Daniel, Christofer Eggers, Erling Estellon, Sam Hare, Hannah Kendrick, Anita LLoyd, Nicola A. Smith

FOS warns on scam complaints - are banks doing enough?

United Kingdom - October 7 2021 The Financial Ombudsman Service has noted a “dramatic rise” in complaints by consumers concerning financial scams and fraud. With the hope of embuing…