Top Stories

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  UK Crypto Firms Face Tough Hurdles Under New FCA Regime

  By Alex Davidson

  Many U.K. crypto companies will fail to achieve authorization under the Financial Conduct Authority's new regime...(read more)

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  Bank Of Baroda Pays $600M To Settle NMC Fraud Case

  By Ronan Barnard

  India's Bank of Baroda has paid $600 million to reach a settlement over claims that it helped facilitate a multi...(read more)

• DWF Fights Appeal In Personal Injury Data Privacy Claim

  By Sophia Dourou

  Three personal injury claimants asked an appeals court Thursday to revive their data privacy claim against DWF LLP, arguing the law firm should not have shared their health data in proceedings involving their insurers without removing identifying information.

• Novo Nordisk Blocks Ex-Lead's Use Of Alleged Trade Secrets

  By Eddie Beaver

  Novo Nordisk secured an injunction Thursday preventing an ex-strategy lead from using for profit or disclosing emails containing information the pharmaceutical company alleges could seriously damage its business, after a London judge concluded there was credible evidence that confidential material might have been taken.

• BCLP Plans Move To Bigger Frankfurt Office In 2027

  By Ashish Sareen

  Bryan Cave Leighton Paisner LLP has said that it is planning to move to a larger office in Frankfurt as it seeks to expand in Germany.

• FCA Partially Suspends Motor Finance Compensation Program

  By Alex Davidson

  The Financial Conduct Authority said Thursday that a tribunal has partially suspended its motor finance compensation scheme until legal challenges in December or February 2027 are completed, as it confirmed that lenders targeted in complaints are not currently required to calculate or pay compensation.

• British Coal Pension Taps BlackRock To Run £8B Plan

  By Joel Poultney

  The trustees of a pension plan for former British Coal industry workers have appointed asset management giant BlackRock as investment manager for its £8 billion ($11 billion) retirement savings program.

• Macfarlanes NQ Pay Hits £150K To Match Magic Circle Firms

  By Ashish Sareen

  Macfarlanes LLP said Thursday that it has raised the basic salary for newly-qualified lawyers to £150,000 ($200,000), matching the level offered by Magic Circle firms.

• Getty Abandons Shutterstock Buy Amid Spinoff Mandate

  By Bryan Koenig

  Getty Images opted to abandon its plans to buy Shutterstock rather than sell its rival's editorial arm, in what United Kingdom antitrust enforcers cast as a course reversal after the companies had previously offered up the divestiture to address concerns that the $3.7 billion merger threatened news content competition.

• Investor Alleging £45M Fraud Seeks To Join Freeze Litigation

  By Ronan Barnard

  An investment fund alleging it is the victim of a £45 million ($59.6 million) fraud on Wednesday sought to join litigation over the alleged scammers' frozen bank accounts, saying it is the best way it could assist the ongoing investigation.

• BlueCrest Loses UK Top Court Fight Over LLP Tax Rule

  By Josh White

  Portfolio managers at hedge fund BlueCrest Capital Management LLP should be taxed as employees rather than partners under the U.K.'s salaried member rules, the U.K.'s top court ruled Wednesday.

• Rajasthan Royals Investors Contest £1 Forced Share Sale

  By Eddie Beaver

  Shareholders in a sports investment firm that indirectly owns an Indian cricket club allege the business is forcing them to sell their shares for £1 ($1.32) each, saying it breached company rules by allowing its managing partner to invest in the U.S. National Cricket League.

• Bank's £32M Payout Signals FCA's Push For Faster Probes

  By Christopher Crosby

  The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.

• Top UK Court Revives Denmark's £56M Cum-Ex Broker Claim

  By Joanne Faulkner

  Britain's highest court revived on Wednesday Denmark's £56 million ($74 million) fraud claim against an English broker that arose from the wide-ranging cum-ex tax refund scandal, overturning a ruling that the dispute had already been resolved in earlier proceedings.