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.
The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
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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.
The Financial Conduct Authority has been given a lead role in targeting money laundering, crypto-assets and money transfer scams in a government fraud strategy involving multiple agencies, which lawyers expect will boost enforcement action and heap a new compliance burden on financial institutions.
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May 01, 2026
A lender has won a £578,000 ($787,000) claim against its former solicitors after a London court found that the law firm failed to properly check and explain risks tied to a loan secured against two London pubs.
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May 01, 2026
Insurers could be forced to hike prices for bulk purchase annuity deals as a result of a crackdown by regulators on risky forms of offshore reinsurance, analysts said Friday.
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May 01, 2026
The U.K. government must ditch the triple lock and radically reform the wider state pension system, a think tank said Friday.
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May 01, 2026
Johnson Matthey defeated on Friday a claim that it acted fraudulently in the £325 million ($444 million) sale of one of its pharmaceutical businesses, despite a finding by a London court that the chemicals business had failed to disclose to the buyer significant details about the transaction.
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May 01, 2026
Britain's financial regulator has approved Swedish investor Verdane Fund Manager AB's £185.7 million ($253 million) acquisition of Augmentum Fintech, the venture capital trust said Friday.
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May 01, 2026
The Financial Conduct Authority said on Friday that it will mount a robust defense of its £7.5 billion ($10.2 billion) motor finance redress scheme against four legal challenges so far from lenders and a consumer group.
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May 01, 2026
Banco Santander SA said Friday it has finalized its £2.86 billion ($3.9 billion) acquisition of TSB from Banco de Sabadell, in one of the biggest deals in Britain's banking sector in years.
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April 30, 2026
The Financial Reporting Council published its final revision on Thursday to incoming auditing standards for assessing the risk of fraud and a company's ability to keep operating in the foreseeable future, highlighting a demand for greater transparency in audit reporting.
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April 30, 2026
The financial services watchdog hit a former mortgage broker with criminal charges on Thursday over allegations that he was arranging mortgage contracts after being banned.
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April 30, 2026
SoftBank Robotics UK has accused two former directors of a firm it co-owned of inflating earnings to trick it into buying their shares, hitting back at their £8 million ($11 million) claim that it wrongly forced them out.
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April 30, 2026
Schroders Capital has said one of its investment vehicles has committed more than £100 million ($135.2 million) of pension capital and government-backed money to a range of British technology and artificial intelligence startups.
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April 30, 2026
Imprisoned oligarch Ziyavudin Magomedov can't revive his $14 billion claim that he was the victim of a Russian state-led conspiracy to strip his assets in two major port operators, after an appeals court rejected his latest challenge on Thursday.
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April 30, 2026
The government has said it will introduce reforms to allow existing capital market structures to be used for the U.K.'s planned new captive insurance regime.
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April 30, 2026
Lazard Inc. said Thursday that it will buy London-based Campbell Lutyens for $575 million to create a global private capital advisory unit.
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April 29, 2026
A former executive at Jusan Technologies, the British financial services holding company, is accusing the company of withholding money he was owed because of his whistleblowing on embezzlement.
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April 29, 2026
The number of U.K. businesses near collapse increased by almost 37% with rising taxes ahead of the economic fallout of the Iran war, an insolvency firm warned in a report Wednesday.
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April 29, 2026
A senior solicitor has been fined by a tribunal over an "obvious" conflict of interest by serving as both a bondholder trustee and as a legal adviser to a firm behind a collapsed £237 million ($320 million) mini-bond scheme that defrauded investors.
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April 29, 2026
Mercedes-Benz and Volkswagen have joined a group of four other entities challenging the lawfulness of the Financial Conduct Authority's £7.5 billion ($10 billion) motor finance redress system.
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April 29, 2026
The government's planned pension reforms passed into law on Wednesday after ministers agreed to introduce last minute guardrails on controversial new powers.
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April 29, 2026
The Financial Conduct Authority said Wednesday in its latest Market Watch newsletter that businesses must share customer information with each other on market abuse and other financial crime as far as the law allows.
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April 29, 2026
Uzbekistan's sovereign wealth fund said Tuesday that it is aiming for a market capitalization of $1.95 billion in its London and Tashkent initial public offering.
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April 29, 2026
The Bank of England's regulatory arm floated measures on Wednesday that would see funded reinsurance transactions involving U.K. life insurance companies face enhanced regulatory requirements, amid fears its growing use poses wider risks to financial stability.
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April 28, 2026
The Financial Conduct Authority launched Wednesday a review of the extent to which the annual percentage rate helps consumers understand borrowing costs, with proposals to change how these are communicated in loan ads.
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April 28, 2026
European authorities warned Tuesday that cybercriminals are becoming more sophisticated and difficult to detect as they leverage artificial intelligence tools, encrypted messaging platforms and the dark web to evade law enforcement.
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April 28, 2026
People's Partnership has become the first British master trust provider to join the Pensions Management Institute's Development Partnership program, which aims to raise professional standards across the pensions industry.