United Kingdom
- February 8 2023
Since July 2022 when the FCA published its rules and guidance to implement the Consumer Duty, much ink has been spilled on what it will mean for…
United Kingdom
- September 1 2022
In what is widely touted as the first of its kind in the UK, a recent order made in D’Aloia v Persons Unknown & Others by the High Court marks an…
United Kingdom
- August 12 2022
On 14 July FCA CEO Nikhil Rathi gave a speech at the Peterson Institute for International Economics, setting out a helpful overview of the FCA’s…
United Kingdom
- August 9 2022
With a new Consumer Principle, clarified outcomes and phased implementation, the FCA released the final rules and guidance on a new Consumer Duty at…
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…
United Kingdom
- May 4 2022
In March the Court of Appeal overturned an earlier High Court judgment and held that the application of Quincecare duty does not depend on the fact…
Russia, United Kingdom
- March 23 2022
The FCA has stressed recently that it expects the cryptoasset sector to play its part in ensuring that Russian sanctions are complied with, and…
United Kingdom
- March 21 2022
The FCA perceives that since the start of the COVID-pandemic there has been a rapid growth in the proportion of consumers holding high‑risk…
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…
United Kingdom
- February 7 2022
The UK’s Financial Conduct Authority (FCA) is stepping up competition law enforcement in the financial sector, over which it has concurrent…