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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July 27, 2026
An insurance company can't rely on an earlier test case to extend limits for seeking restitution on taxes paid on dividends because the test case has since been overruled, the U.K.'s top court ruled Monday.
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July 27, 2026
A Greek financier who allegedly swiped $450 million from Mexican billionaire Ricardo Salinas Pliego in a fraudulent stock-for-cash loan deal has "numerous other victims," a prosecutor told a Manhattan federal judge Monday.
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July 27, 2026
A Moldovan tycoon wanted for allegedly masterminding a $22 billion money-laundering ring was the "leader" of an organized criminal group that corrupted judges to circumvent Russian currency controls, a prosecutor told a London judge Monday.
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July 27, 2026
Some financial businesses are failing to identify risks of harm under their consumer duty obligations because they have weak monitoring of the outcomes they deliver, according to a review published on Monday by the watchdog for the sector.
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July 27, 2026
A company director has been disqualified for seven-and-a-half years for allowing two of his companies to channel money as part of a £13.9 million ($18.5 million) unauthorized banking transaction scheme, the Insolvency Service said Monday.
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July 27, 2026
Victims of a convicted investment fraudster are set to recover most of the money they lost after a court ordered him to repay more than £655,000 ($872,000) under proceeds-of-crime legislation, the Financial Conduct Authority said Monday.
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July 27, 2026
The Financial Conduct Authority launched a national advertising campaign on Monday to help millions of car finance customers make free complaints about hidden commissions and claim compensation.
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July 27, 2026
IP Group said Monday that it will press ahead with its existing strategy after the company's largest shareholder, a U.K. retirement savings plan for railway staff, formally withdrew from a possible takeover.
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July 24, 2026
Home REIT PLC said Friday that it will "vigorously defend" a £1.6 million ($2.1 million) claim by former adviser Smith Square Partners LLP for an allegedly unpaid contractual fee tied to the company's property sales process.
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July 24, 2026
The past week in London has seen financial advice firm Smith Square Partners sue ailing social housing company Home REIT, Pogust Goodhead hit with a contract claim by one of its investors, and Entain faced with its latest claim in expanding litigation linked to alleged bribery at its former Turkish business. Here, Law360 looks at these and other new claims in the U.K.
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July 24, 2026
Andrew Bailey, governor of the Bank of England, has defended its cyber-defenses against criticism and warned that advances in artificial intelligence still pose a growing threat to the financial system.
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July 24, 2026
A group of businesses is suing Visa and Mastercard at the Competition Appeal Tribunal, the latest in a series of cases alleging that the payment networks imposed anti-competitive charges, known as swipe fees, and rules on commercial card transactions.
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July 24, 2026
HSBC said Friday that it will sell its Singaporean life and health insurance business to Germany's Allianz for $2.1 billion as the British bank continues to streamline its operations.
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July 23, 2026
A London appeals court ruled Tuesday that Moorwand Ltd. is not liable for £160,000 ($213,000) lost in an authorized push payment scam because the payment services provider had no reason to suspect the transfer instructions were fraudulent.
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July 23, 2026
A Saudi investor succeeded Thursday in reviving his $5 million claim over an unpaid loan agreement, as the Court of Appeal held that an earlier judge was wrong to conclude that the claim was time-barred.
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July 23, 2026
A collapsed investment company has sued the Royal Bank of Scotland for more than £73 million ($97 million), accusing the lender of allowing cash earmarked for solar farms to be siphoned off by the company's director.
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July 23, 2026
The City regulator said Thursday it has decided to ban a father and son from U.K. financial services after a London court found they had engaged in fraud and misused client money in the sale of an insurance brokerage.
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July 23, 2026
Britain's audit regulator said Thursday it imposed financial sanctions worth £18.2 million ($24.3 million) in the financial year that ended in March — up from the £14.5 million it issued in the preceding 12 months.
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July 23, 2026
Private equity firm Maven Capital Partners UK LLP said Thursday that four venture capital trusts it manages plan to launch linked share offers to raise up to £40 million ($53.5 million) for new investments.
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July 23, 2026
Segro has thrown its support behind a fourth takeover approach from Prologis, a U.S. real estate investment trust, which would value it at £14 billion ($18.7 billion).
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July 22, 2026
No single reform to automatic enrollment thresholds can address all the financial security and pension adequacy risks faced by lower earners during their working lives and in retirement, a think tank said Wednesday.
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July 22, 2026
The Financial Conduct Authority raised concerns Wednesday that some asset managers had inadequate financial crime controls in breach of legal requirements and regulatory expectations.
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July 22, 2026
Investment company CVC Income & Growth said Wednesday that it has raised approximately £16.5 million ($22 million) in equity by selling shares it held in treasury to meet "sustained demand" from individual and institutional investors.
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July 22, 2026
Austrian banking group Bawag is pursuing an Italian province for damages in England, claiming that the province breached a jurisdiction clause in an interest rate swap deal by suing the bank in Italy.
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July 22, 2026
A London appeals court has lifted a worldwide freezing order on a man accused of defrauding a Mexican billionaire out of more than $415 million, ruling that Salinas had obtained privileged information from his opponent's solicitor by "unlawful as well as abusive" means.