Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
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A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
The European Union has a plan for a blocwide secondary trading platform for private companies to prevent them from slipping away to the deeper capital pools available in the U.S., although the proposal might be hindered by jurisdictional barriers.
Banks and vehicle financing companies are expected to mount legal challenges to the Financial Conduct Authority's £7.5 billion ($9.9 billion) motor finance compensation program, threatening to capsize the plan and probably delay its implementation for months.
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Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
The European Union has a plan for a blocwide secondary trading platform for private companies to prevent them from slipping away to the deeper capital pools available in the U.S., although the proposal might be hindered by jurisdictional barriers.
Banks and vehicle financing companies are expected to mount legal challenges to the Financial Conduct Authority's £7.5 billion ($9.9 billion) motor finance compensation program, threatening to capsize the plan and probably delay its implementation for months.
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May 12, 2026
The Financial Conduct Authority said on Tuesday that it has fined a pensions adviser £755,000 ($1 million) and banned him from working in financial services in Britain for acting without integrity and putting customers at risk for personal gain.
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May 12, 2026
The government has issued a statement clarifying how it wants pension wealth to be brought into the scope of inheritance tax next year.
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May 12, 2026
The Pensions Regulator has opened a consultation on a refreshed corporate strategy that will guide its work over the next five years, as the pensions market is set to undergo major changes through the Pension Schemes Act 2026.
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May 12, 2026
The Swiss financial markets watchdog released plans on Tuesday to tighten up its anti-money laundering rules, with new measures that would require banks, insurers and investment funds to understand the ownership and control structure of the customer.
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May 12, 2026
Bank of Montreal said Tuesday that it has agreed to sell its specialized transportation and vendor-focused financing business to investment firm Stonepeak Partners LP for an amount that it did not disclose.
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May 12, 2026
The accounting watchdog said Tuesday that it has banned two former finance directors of Carillion PLC from working in the profession for their reckless preparation of financial statements for the construction business, which is in liquidation.
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May 11, 2026
India fought on Monday to block a UAE investment fund's $273 million claim over a collapsed aluminum production scheme, arguing at a London appeals court that an arbitration tribunal does not have jurisdiction to hear the case.
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May 11, 2026
The managers of a Scottish local authority's pension fund denied that their decision to invest £104 million ($142 million) in a portfolio of Swedish wind farms was an "existential gamble," saying that the claim is "based entirely on hindsight."
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May 11, 2026
The European Union's markets regulator said Monday that it has found poor compliance and senior management oversight at many European fund managers after it carried out a common supervisory action.
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May 11, 2026
A former stockbroker convicted for money laundering has been sentenced to a further 499 days in prison for failing to fully repay money owed under a confiscation order, the Financial Conduct Authority has said.
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May 11, 2026
A trade body for financial institutions released Monday a report on how financial services can deliver the government's economic growth plan, two days ahead of the King's speech expected to set out related legislation.
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May 11, 2026
A Saudi sheikh's dispute with Bank Audi SAL over the Lebanese lender's alleged refusal to transfer more than $24 million to his Swiss account can proceed in England, a London appeals court has said.
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May 11, 2026
A financial services consultancy said Monday that it has advised software company Access Group on securing the retirement benefits of all 40 members of its pensions plan in a £4.5 million ($6.1 million) full buy-in with Just Group PLC.
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May 08, 2026
An energy payments company has largely beaten a competitor's £172 million ($234 million) claim at an antitrust tribunal after a panel found that exclusivity terms in its contracts hampered the smaller rival's entry into the market only "to a limited extent."
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May 08, 2026
The Financial Conduct Authority said Friday that it will withdraw some timetabled requirements for lenders under its £7.5 billion ($9.9 billion) motor finance compensation program because they might need to change their plans after several legal challenges.
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May 08, 2026
Research published by Britain's retirement savings watchdog shows that "scale is not a panacea" for good saver outcomes, Lane Clark & Peacock said Friday, amid a wider push for consolidation in the market.
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May 08, 2026
The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.
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May 08, 2026
A trade body for European fund managers warned lawmakers Friday against large-scale changes to the Shareholders' Rights Directive that would obstruct investors' existing rights.
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May 08, 2026
The Pensions Management Institute and Schroders have said they will investigate how governance of investment in defined benefit retirement plans is changing in real time, amid record funding positions for pensions in Britain.
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May 08, 2026
Commerzbank AG published plans on Friday to boost future profitability as the German lender builds defenses against a takeover bid from Italy's UniCredit SpA, which it described as vague and fraught with "considerable execution risks."
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May 07, 2026
Open Banking Ltd. said Thursday that it has appointed a former general counsel at the Financial Conduct Authority as an independent non-executive director to its board.
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May 07, 2026
The Iran war could cost the U.K. government up to £8 billion ($10.9 billion) a year through lost tax revenue and higher debt interest payments, a progressive think tank warned Thursday.
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May 07, 2026
Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.
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May 07, 2026
The Financial Conduct Authority set out new guidance on Thursday on tough rules that have come into force requiring payment and electronic money institutions to safeguard customer money better.
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May 07, 2026
Schroders Capital Global Innovation Trust PLC said on Thursday that it has launched a share buyback worth up to £20 million ($27 million), minus costs, to reward shareholders as part of its ongoing managed wind-down.