The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
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Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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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.
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The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
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.
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August 20, 2026
The Financial Conduct Authority warned Thursday about the dangers of investing in high-risk loan notes and mini-bonds following the collapse of litigation funder Woodville Consultants Ltd.
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August 20, 2026
A communications provider lost its challenge on Thursday to a Department for Work and Pensions videoconferencing contract, as a court upheld the exclusion of the company's bid over its answer to a technical question.
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August 20, 2026
Two investment firm partners are being sued by a client who claims they ran a £55 million ($75 million) fraud at their new business, more than a decade after they were banned from working for regulated financial services companies.
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August 20, 2026
International Public Partnerships, an infrastructure investment company, has agreed to divest its holdings in nine projects involving 15 London schools, a move it expects will generate gross proceeds of more than £58 million ($79 million) when the deal completes.
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August 20, 2026
A group of British pension plans has committed £400 million ($545 million) to an investment fund of collected retirement savings programs designed to invest capital into local infrastructure and other U.K. assets.
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August 20, 2026
The Financial Conduct Authority has set out poor practice it found in lenders' plans for implementing its motor finance redress system, including inadequate data management controls.
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August 20, 2026
Pensions management company Isio has acquired retirement savings administration provider Trafalgar House Pensions Administration Ltd., in a move to expand the range of plans Isio can support.
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August 20, 2026
Standard Life PLC launched a partnership with a consortium of major global financial companies on Thursday to expand in the U.K. pension risk-transfer market, with a combined initial capital commitment of up to £2 billion ($2.7 billion).
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August 19, 2026
An embattled English council has branded as a baseless "late invention" a business executive's claim that he was entitled to take a £15 million ($20.4 million) fee from the council's solar investments, amid the council suing him for £150 million in failed investments.
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August 19, 2026
Online payment company Quidpay had its legal costs stemming from its funds dispute with a fintech platform trimmed to $400,000 on Wednesday, as a London judge said the award should be cut by a third for making allegations he deemed "unsustainable."
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August 19, 2026
A business executive has told a London court that a Greek bank cannot hold him liable for a €31 million ($36 million) debt allegedly owed by two companies linked to him because it is legally separate from the original lender.
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August 19, 2026
The Financial Conduct Authority said Wednesday it has fined and banned the former chief executive of a wealth management and stockbroking firm that has since entered administration, finding he failed to properly manage the firm and to put customers' interests ahead of its profits.
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August 19, 2026
Mexican businessman Ricardo Antonio Ponce Gutierrez and his company have filed a claim for 10 million Swiss francs ($12.4 million) in London's High Court against a member of the Floreat investment group, alleging it failed to repay funding provided under two investment agreements.
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August 19, 2026
A prospective buyer of two properties in east London has sued Burges Salmon LLP, alleging that the law firm mishandled information and evidence he provided about potential fraud exposure during the transaction.
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August 19, 2026
A Lebanon-based bank has denied wrongly refusing to transfer more than $24 million to a Saudi sheikh's Swiss account, arguing that Lebanon's banking crisis made performing the transfer impossible and that complying with the request would now constitute a criminal offense.
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August 18, 2026
A tribunal has ordered the Bank of England to hand over documents that could shed light on whether a Mitie Ltd. worker was unfairly dismissed after he was excluded from a transfer to another security provider.
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August 18, 2026
The U.K.'s financial regulator said Tuesday it has banned a debt management company's executive from working in financial services, saying he lied under oath in an attempt to conceal being a company director and later failed to disclose the resulting 10-year disqualification.
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August 18, 2026
The Financial Conduct Authority said Tuesday it has found "weaknesses" in financial crime controls at some U.K. wealth managers, including gaps in checks on clients' wealth, transactions, political exposure and sanctions.
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August 18, 2026
An investor in Cuban real estate said Tuesday that Guernsey's financial regulator will appoint a court administrator for the company after U.S. sanctions triggered the loss of key banking, service provider and business relationships.
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August 18, 2026
The government said Tuesday it has hit the founder of a property group with a five-year ban from being a company director after investors lost £4.8 million ($6.5 million) through a connected business that distributed "false and misleading" marketing material.
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August 17, 2026
Bank of America, HSBC and other global banks have agreed to pay $86.4 million to resolve investor class claims that they conspired to fix Mexican government bond prices, according to a proposed settlement unveiled on Friday in New York federal court.
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August 17, 2026
Orrick Herrington & Sutcliffe (UK) LLP has settled a claim by a hedge fund accusing the firm of negligence, alleging it failed to advise it to enforce a €21 million ($24.3 million) debt in a French energy group's insolvency.
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August 17, 2026
A British hedge fund company has sued a Brazilian man for more than $500 million in a London court, alleging that he perpetrated an elaborate securities fraud against the company.
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August 17, 2026
A retirement savings trade group said Monday that the government must provide "clearer justification" for elements of its proposed plans to hike levies on pension funds to plug a £154 million ($209 million) shortfall in the cost of regulating the sector.
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August 17, 2026
Bentley Park, a holding company linked to private investment business Tavistock Group, said Monday its subsidiary has agreed to acquire flexible lender Time Finance for approximately £55.1 million ($75 million) to combine their complementary products and regional strengths.