Analysis

UK Financial Services Cases To Watch In 2020

Law360, London (January 1, 2020, 12:03 PM GMT) -- Several civil claims are working their way through the U.K. courts that lawyers say pose an interesting intersection between competition and financial services law — including three class actions that have been filed against big banks over the alleged rigging of the foreign exchange market.

The Supreme Court in London is expected to rule this year on a £14 billion ($18.5 billion) suit against Mastercard in a long-running battle over swipe fees. (AP) Some of those will however be waiting on the outcome of Mastercard’s long-awaited bid at the Supreme Court later this year, which seeks to overturn a landmark ruling...

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