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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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 21, 2026
A self-described barter-based payment platform alleging it was improperly placed on an industry blacklist by Deutsche Bank has urged a New York federal judge not to grant the bank's dismissal bid, arguing the German lender has constructed an "unpled 'if ... then' scenario and ask the court to assume that it is factual."
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July 21, 2026
Santander told an appeals court Tuesday it should not pay out £670 million ($896 million) AXA lost when dealing with mis-sold payment protection insurance claims, arguing an earlier judge wrongly found it was liable irrespective of when the policies were sold.
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July 21, 2026
A trade association for British consumer lending businesses called Tuesday on newly appointed Chancellor John Healey to follow through with plans of his predecessor Rachel Reeves to revise the Consumer Credit Act to encourage more investment in the economy.
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July 21, 2026
Orrick Herrington & Sutcliffe LLP defeated a Nigerian tourism company's $74 million professional negligence claim over legal advice on an investment deal with Carlyle Group as a London judge ruled Tuesday that the claim was time-barred.
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July 21, 2026
Halifax Bank of Scotland has persuaded a tribunal not to increase a £10,000 ($13,400) payout to a former manager who lost her job after returning from maternity leave.
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July 21, 2026
M&G said Tuesday that it has taken on £760 million ($1 billion) of pension plan liabilities from a retirement savings program sponsored by FTSE 100 engineering business Smiths Group, in a deal steered by Sackers.
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July 21, 2026
The government's flagship pension review faces a tough decision in balancing higher long-term retirement savings against lower monthly paychecks for workers, a think tank warned on Tuesday.
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July 21, 2026
The government's plan to overhaul rules on pension scams should be tweaked to avoid unnecessary delays to fund transfers, an industry counter-fraud body warned Tuesday.
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July 21, 2026
The London Stock Exchange said Tuesday that it will allow worldwide investors to trade on its platform continuously from Monday to Friday to boost its appeal across global time zones.
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July 20, 2026
Britain's tax authority issued draft regulations Monday that would expand data collection on interest income and card sales from banks.
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July 20, 2026
Andy Burnham succeeded Keir Starmer as British prime minister on Monday, pledging to end four decades of private sector-led policy by expanding state control over people's well-being and the economy.
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July 20, 2026
The Prudential Regulation Authority said Monday that it has fined HDI Global SE £4.1 million ($5.2 million) for inaccurately reporting potential claims data to a program that compensates consumers if an insurer collapses.
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July 20, 2026
Britain's finance watchdog has urged customers of insurance broker Anthony Jones (UK) Ltd. to check their policies after the company agreed to stop carrying out any regulated activity.
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July 20, 2026
The government must encourage pension schemes to invest more in the domestic economy through targeted incentives and a stronger pipeline of investment opportunities, rather than impose mandatory size thresholds or deadlines, a trade body has warned.
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July 20, 2026
The government's legislative fix for the fallout from a landmark court ruling is not a panacea for all pension programs, a trade body has warned.
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July 20, 2026
A London appellate judge has revived race discrimination claims brought by a former Barclays vice president, overturning a ruling by an earlier tribunal that the executive had waited too long to bring his case.
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July 20, 2026
Andy Burnham's government must prioritize a "stable, long-term" framework for defined benefit pensions in the U.K., with a clear focus on a range of already legislated reforms set to shake up the retirement savings landscape, a consultancy has said.
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July 20, 2026
London-listed Segro said Monday that it has rejected a third takeover approach from U.S. real estate investment trust Prologis valuing it at £13.5 billion ($18.2 billion), but said it would be willing to engage in talks if an "improved proposal" was made.
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July 17, 2026
A former commercial property developer lost his bid to challenge his 2011 conviction for an investment fraud of more than £1.3 million ($1.7 million), as a London appellate court ruled Friday that his argument had "no merit whatsoever."
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July 17, 2026
The past week in London has seen Snapchat and Dolby press on with a fresh infringement claim in their ongoing patent battle, The Telegraph face an intellectual property claim by a photo archive, a group of international human rights barristers and chambers sued, and oil business Equinor embroiled in a contract dispute with BP after recently acquiring full ownership in their offshore project. Here, Law360 looks at these and other new claims in the U.K.
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July 17, 2026
The British government has named Virgin Money's former chief executive Jayne-Anne Gadhia as its preferred candidate to become chair of the Financial Reporting Council, despite a parliamentary committee stopping short of backing her for the role.
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July 17, 2026
Slovenian lender NLB Group confirmed on Friday that it has raised its offer for Austrian banking group Addiko to €721.5 million ($825 million), as the bidding war with rival Raiffeisen Bank International heats up.
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July 17, 2026
The government must revise its planned changes to pension transfer regulations, as proposals intended to strengthen protections against scams could instead create unnecessary barriers to legitimate transfers while doing little to deter fraud, an industry body has warned.
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July 17, 2026
Investment advisory firm Pecten Capital LLP has settled its claim against Italian asset manager Azimut over alleged breaches of agreements tied to a multimillion-euro investment in an industrial machinery manufacturer.
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July 16, 2026
Swedbank AB and its New York branch have agreed to pay a $50 million civil penalty to the New York State Department of Financial Services to resolve claims that the bank failed to fully cooperate with department requests for information related to Swedbank's relationships with Mossack Fonseca, the law firm at the center of the 2016 Panama Papers leak.