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PAG v RBS: Court of Appeal judgment on swaps mis-selling, LIBOR and GRG

United Kingdom - March 13 2018 In December 2016, in the first major decision on LIBOR manipulation and interest rate derivative products, the High Court dismissed Property Alliance…

James M. Cooper.

Government announces wide ranging package of corporate governance reforms

United Kingdom - September 18 2017 On 29 August 2017, the Government issued its response (the "Response") to the Green Paper published on 29 November 2016, in which it canvassed the…

Laura Cooke.

The first disqualification of a director by the CMA

United Kingdom - August 7 2017 Financial penalties being imposed on companies for breaches of competition law is relatively common place. However, there can also be adverse…

Mark Sutton.

FCA policy statement applying conduct rules to non-executive directors (NEDs) in the senior managers and certification regime (SM&CR) and senior insurance managers regime (SIMR)

United Kingdom - August 7 2017 On 3 May the FCA published a policy statement introducing final rules to extend the conduct rules in the Code of Conduct sourcebook (COCON) to…

Mark Sutton.

Rolls Royce: Take off for the jumbo DPA

United Kingdom - January 23 2017 Earlier this month Lord Justice Leveson approved the UK's third, and biggest, deferred prosecution agreement ("DPA") in the UK. This followed the…

Mark Sutton.