UK Finance Disputes and Regulatory Investigations Blog Blog

Articles: 1-10 of 243

Ready or not, here comes the Consumer Duty

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…

You’ve been served…well, virtually.

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…

FCA future gazing

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…

New FCA Consumer Duty confirmed and explained

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…

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…

Banks’ Quincecare duty in APP fraud Cases potentially extended

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…

Cryptoasset firms and sanctions

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…

High-risk investments: FCA consults on strengthening financial promotion rules

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…

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…

FCA stepping up competition law enforcement

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…