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Milbank LLP | United Kingdom, European Union | 4 Feb 2019

CLO Group Client Alert. Risk Retention Round-Up: Update on latest developments affecting CLOs

After a quiet three weeks, the end of January 2019 saw a flurry of activity in the CLO regulatory space with the publication: on 29 January, of an


Milbank LLP | United Kingdom | 15 Aug 2017

LIBOR on Life Support?

Andrew Bailey, the CEO of the Financial Conduct Authority (the "FCA"), stated that the FCA would no longer sustain LIBOR as a


Milbank LLP | United Kingdom | 24 Mar 2017

FCA Enforcement Notices: UK Supreme Court Judgment Limits Third Party Rights

In support of its policy of credible deterrence, the Financial Conduct Authority ("FCA") has frequently referred to the lessons to be learned from its


Milbank LLP | United Kingdom | 7 Feb 2017

FCA and PRA announce key changes to their enforcement processes

On 1 February 2017, the Financial Conduct Authority ("FCA") and Prudential Regulation Authority ("PRA") published important changes to their


Milbank LLP | United Kingdom | 25 Jun 2015

Bank ordered to disclose privileged documents in LIBOR-related civil proceedings

The English High Court has determined that if a firm, in subsequent civil proceedings, puts in issue the basis of published findings against it by


Milbank LLP | United Kingdom | 30 May 2013

FCA publishes decision to fine and ban former non-executive director for failing to disclose conflicts of interest

The Financial Conduct Authority ("FCA") has published a decision notice dated 28 November 2012 which its predecessor, the Financial Services

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