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 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 over claims 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 Mexican billionaire Ricardo Salinas Pliego of more than $415 million, ruling that Salinas had obtained privileged information from his opponent's solicitor by "unlawful as well as abusive" means.
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July 22, 2026
The Bank of England floated rules on Wednesday designed to encourage the consolidation of smaller financial mutuals as part of a wider effort to double the size of the £223 billion ($298 billion) sector.
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July 22, 2026
The Financial Conduct Authority has said that artificial intelligence research company Anthropic would support a second group of companies in the Supercharged Sandbox that the regulator set up to experiment with advanced AI.
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July 22, 2026
Trustees of U.K. defined benefit pension plans consider being ready for the long-awaited online retirement savings portal project as the biggest challenge over the next 12 months, TPT Retirement Solutions said Wednesday.
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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 asks "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 The 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.