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Professional and Financial Risks Blog

Articles: 1-10 of 44

Lawyers Covered - June 2022

Hong Kong, United Kingdom - June 28 2022 Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting…

Post COVID-19 UK: What Will the Professional Negligence Claims Landscape Look Like?

United Kingdom - June 28 2022 The cost of living is at an all-time high, with interest rates increasing and inflation currently sitting at around 9%. The chances of a recession in…

Lawyers Covered - May 2022

Hong Kong, United Kingdom - May 26 2022 Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting…

Beware the client who is too busy to litigate

United Kingdom - May 23 2022 Clients need to understand from the outset of litigation not only how significant the cost of litigation can be, but also the time commitment…

FCA consultation on British Steel redress scheme published

United Kingdom - March 31 2022 The FCA has now published its consultation paper on the proposed redress scheme for British Steel Pension transfers under s.404 of FSMA. The scope of…

No judicial review for FOS defined benefit transfer case

United Kingdom - March 31 2022 The High Court has rejected an application for permission for judicial review in a number of FOS complaints upheld against the adviser who advised on…

National Audit Office on the British Steel Pension Scheme

United Kingdom - March 21 2022 On Friday the National Audit Office (NAO) published a report on the British Steel Pension Scheme (BSPS), looking at the regulation of pension transfer…

FOS proposals to clear the back-log - attractive or not?

United Kingdom - October 18 2021 The Financial Ombudsman Service (FOS) has proposed a temporary approach to the classification of certain complaints in an attempt to alleviate their…

Aggregation under the solicitors' minimum terms: are primary layer insurers ready for potentially limitless liability?

United Kingdom - August 13 2021 In Baines v Dixon Coles & Gill the Court of Appeal has substantially limited the extent to which claims against solicitors can aggregate…

The Regulatory Spotlight is shining bright and not just on AFMs

United Kingdom - July 14 2021 On 20 June 2021, the FCA published its findings from the review it carried out on host Authorised Fund Management firms during 2019-2020. The purpose…