On March 29, the UK Financial Conduct Authority (FCA) issued a press release announcing that it had published its final instruments and guidance that
The FCA has published a consultation paper on persistent credit card debtand earlier intervention remedies (CP1710). In CP1710, the FCA sets out
City of London Law Society (CLLS) published the response (dated 26 January 2017) of its Regulatory Law Committee to the FCA's consultation on its
The FCA has updated its industry guidance webpage to confirm that the LIBOR code of conduct for contributing banks is confirmed for a period of 3
On July 4, the UK Financial Conduct Authority (FCA) published its quarterly consultation paper (Quarterly Consultation), which details proposed
On June 29, 2016, the Department of Justice ("DOJ") issued an interim rulethe Civil Monetary Penalties Inflation Adjustment, 81 Fed. Reg. 42,491
In the recent Federal Court case of Premium Income Fund Action Group Incorporated v Wellington Capital Limited 2011 FCA 698, the plaintiffs successfully challenged constitutional changes made unilaterally to a constitution of a listed registered managed investment scheme, the Premium Income Fund (“PIF”), without unitholder approval
Mark Hoban announced the publication of the Government’s proposals for regulatory reform.
In Castro v Collecto, Inc, No 09-50975, 2011 WL 651921 (5th Cir Feb 24, 2011), the Fifth Circuit affirmed the dismissal of the plaintiffs' Fair Debt Collections Practices Act ("FDCPA") claims, holding that the two year statute of limitations under the Federal Communications Act ("FCA") did not preempt the four year Texas statue of limitations period for the collection of mobile services debts.
In recent years, enforcement and litigation of the False Claims Act ("FCA") by the government and private plaintiffs has risen to levels not previously seen in the nearly 150-year history of the FCA.