UK Finance Disputes and Regulatory Investigations Blog Blog

Articles: 1-10 of 220

Sustainable Finance Disclosure Regulation - new ESG challenges for asset managers

European Union, United Kingdom - February 4 2021 The SFDR is part of the European Commission’s package of reforms to implement its sustainable finance strategy. The strategy focuses on…

FCA Launches Defined Benefit Advice Assessment Tool

United Kingdom - February 4 2021 Last month, the FCA launched its Defined Benefit Advice Assessment Tool (“DBAAT“) as part of its strategy to reduce harm to consumers and improve the…

FCA Publishes Updated Guidance on the BI Insurance Test Case

United Kingdom - January 28 2021 The Financial Conduct Authority (the “FCA”) has published a ‘Dear CEO’ letter to insurers following the recent decision made in the Supreme Court test…

Supreme Court makes final decision on business interruption insurance in landmark case

United Kingdom - January 19 2021 The Financial Conduct Authority’s (“FCA“) test case on non-physical damage business interruption (“BI”) insurance has been the focal point for…

Findings of the FRC’s Audit Committee research point towards audit sector reform

USA - December 17 2020 The Financial Reporting Council (FRC) has just published the outcome of new research into the approach that Audit Committee Chairs (ACCs) take to…

BI Insurance Update - FCA publishes draft guidance on proving the presence of COVID-19

United Kingdom - December 15 2020 At the end of last week, the FCA announced that it had commenced a consultation exercise on a piece of draft guidance it has prepared to assist…

FCA focus on Environmental Social Governance in product design and disclosure

United Kingdom - December 7 2020 The Director of Strategy at the Financial Conduct Authority (FCA), Richard Monks, recently spoke on the increasing appetite for Environmental Social…

FOS re-confirms commitment to complaints handling during pandemic

United Kingdom - November 27 2020 Last week, the Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) released correspondence in which the FCA sought reassurance…

FCA confirms new timeline for consultation on duty of care for regulated firms

United Kingdom - November 23 2020 The FCA has just updated on the work that it had stopped or postponed in order to allow it to focus on the more urgent work that has been required of…

High Court holds insurer is unable to aggregate claims related to theft under PI insurance policy

United Kingdom - November 19 2020 In the recent decision of Baines v Dixon Coles and Gill (A Firm) and others [2020] EWHC 2809, the High Court held that claims against a firm of…