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…
United Kingdom
- January 11 2022
2022 looks set to be a busy year for regulated firms dealing with retail customers. Following its initial consultation in May 2021, on 7 December 2021…
European Union, United Kingdom
- December 1 2021
The scope of the FCA’s powers and remit is not a simple matter, as the FCA readily acknowledges. The FCA’s regulatory “perimeter” derives primarily…
United Kingdom
- October 21 2021
The Prudential Regulation Authority (PRA) recently a Dear CEO letter titled “Thematic Findings on the reliability of the regulatory reporting“…
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…
United Kingdom
- October 4 2021
A recent judgment in an area which might seem far removed from financial services throws a spotlight on how financial institutions deal with the…