Financial Services UK

  • August 13, 2026

    Gov't Urged To Give Family Courts Access To Pension Portals

    British courts should have access to personal pension data on forthcoming online portals as part of new legal rights being considered for cohabiting couples, a trade body has urged.

  • August 13, 2026

    Investment Cos. Ask FCA To Toughen Up Listing Rules Reform

    The Association of Investment Companies said Thursday it has told the Financial Conduct Authority to toughen up planned reforms of rules for investment trusts to close loopholes recently exploited by U.S. hedge fund Saba Capital.

  • August 13, 2026

    Afreximbank Seeks To Recover €25M From Gabon Bank

    The African Export-Import Bank is asking a London court to force AFG Bank Gabon to repay €25 million ($29 million), claiming it failed to honor the terms of a financing agreement.

  • August 13, 2026

    Payments Biz Urges Shareholders To Ignore Helios' $297M Bid

    CAB Payments urged shareholders on Thursday not to respond to Helios' offer of approximately $297 million after the private equity firm said the dividend declared by the cross-border payments company would not affect its bid.

  • August 13, 2026

    Deutsche Calls Ex-Execs' £700M Conspiracy Claims Baseless

    Deutsche Bank has hit back against a £700 million ($944 million) claim brought by four former executives, denying that it conspired to have them imprisoned in an attempt to conceal its historical accounting errors in one of Italy's biggest financial scandals.

  • August 13, 2026

    Roschier-Led Betting Investor Makes $13.8B Bid For Evolution

    Cayman Islands-based betting investor Candle Lake Ltd. said Thursday that it has launched a mandatory cash offer for Evolution AB, which values the Swedish gaming technology giant at $13.8 billion.

  • August 12, 2026

    UK Gov't Urged To Link Pension, Property Wealth Policies

    The government must break down "regulatory silos" between property and pension wealth, or millions of people will be at risk of a shortfall in retirement income, a trade body warned Thursday.

  • August 12, 2026

    Libyan Wealth Fund Seeks Data On Suspect $50M Investment

    A subsidiary of Libya's sovereign wealth fund has sued a London fund manager, seeking information about suspected third-party commission payments in connection with a $50 million investment it made.

  • August 12, 2026

    Panel Urges FCA To Review Consumer Rules For Small Cos.

    The Financial Services Consumer Panel has asked the Financial Conduct Authority to review how banks and other finance businesses should apply the Consumer Duty and other rules to sole traders and smaller businesses.

  • August 12, 2026

    HSBC Discriminated By Failing To Give Worker A Printer

    An employment tribunal has ruled that HSBC UK Bank discriminated against a former employee by refusing to provide her with a working printer to use at home.

  • August 12, 2026

    Gupta Gets More Time In $7M UK Nickel Fraud Claim

    Indian metals tycoon Prateek Gupta has partly convinced an appeals court to delay acknowledging an almost $7 million fraud claim brought by a commodities trader pending the outcome of a jurisdictional challenge at the U.K. Supreme Court.

  • August 12, 2026

    Reignited Iran War Triggers Surge In Pension Funding

    Funding for U.K. pension plans rose to its highest point in three years in July after the resumption of hostilities in the Middle East pushed up yields on long-dated government bonds, the reserve fund for the sector has said.

  • August 18, 2026

    Simmons Hires 2nd Fund Finance Pro From Reed Smith

    Simmons & Simmons LLP said Tuesday that it has expanded its fund finance bench with a lawyer from Reed Smith LLP who joins as a partner, marking Simmons & Simmons' second hire from the U.S. firm's funds team in two months. 

  • August 11, 2026

    CBRE Alleges Foul Play In Tower Rent Fight Trial

    Real estate investment giant CBRE accused an asset manager at the start of a London trial Tuesday of manipulating the valuation of the Finance Tower in Brussels in order to avoid triggering a loan agreement's threshold.

  • August 11, 2026

    Pensions Body Issues FAQs To Prep For Dashboard Launch

    A standards-setting body for the pensions sector has issued guidance it said will help administrators, providers and service centers respond "clearly and consistently" to inquiries about the long-awaited pensions dashboards.

  • August 11, 2026

    UK Financial Ombudsman Revamps Complaints Rules

    The Financial Ombudsman Service introduced measures on Tuesday to improve how it rules on complaints between consumers and businesses.

  • August 11, 2026

    Simpson Thacher Guides Apax Deal With Goldman Sachs Unit

    British private equity firm Apax Partners has said its funds have agreed to sell Tosca, a food logistics services company, to a subsidiary of the alternative investments arm of Goldman Sachs Asset Management after almost a decade of ownership.

  • August 11, 2026

    Ex-Goodwin Lawyer's Plea Date Set For Insider Trading Case

    A former mergers and acquisitions solicitor at Goodwin Procter appeared at a London court on charges of insider trading on Tuesday, when his plea date was adjourned by a month.

  • August 11, 2026

    Lawmakers Press Banks On Crypto Access Concerns

    Lawmakers asked British lenders on Tuesday to explain restrictions on banking services faced by cryptocurrency and digital asset businesses, warning that limiting access could hamper growth and undermine the country's new regulatory regime.

  • August 10, 2026

    Barclays Mortgage Adviser Investigation Ruled Not Racist

    A Barclays mortgage adviser has lost his race discrimination claim against the bank, with an employment judge ruling that a disciplinary investigation into his use of customer records was not tainted by bias.

  • August 10, 2026

    Revolut Gets French Banking License To Help EU Expansion

    Revolut said Monday that its European banking arm Revolut Bank SA has been awarded a French banking license in a decision adopted by the European Central Bank, helping it to serve 30 million existing customers in Western Europe.

  • August 10, 2026

    Gunnercooke Denies Botching Settlement Over HBOS Fraud

    Gunnercooke has denied costing a family £4.7 million ($6.3 million) by bungling a settlement reached in the wake of their bankruptcies over a £245 million fraud against HBOS, arguing that the deal reflected what it was instructed to do.

  • August 17, 2026

    Paul Hastings Adds 2 Restructuring Pros From Hogan, Sidley

    Paul Hastings said Monday that it has hired two senior restructuring partners from Hogan Lovells Cadwalader and Sidley Austin LLP to continue its expansion in London.

  • August 10, 2026

    FCA Selects Growth Cos. For Support, Identifies Wider Failings

    The Financial Conduct Authority said Monday that the first five companies it solely regulates have joined its scale-up unit for tailored growth support as it identifies shortcomings in how some sectors manage expansion, including in their use of artificial intelligence.

  • August 10, 2026

    PayPoint Faces £1.5M Bill After Rival's Minimal Antitrust Win

    PayPoint PLC faces paying around £1.5 million ($2 million) toward a competitor's legal bill after losing an antitrust case in which the rival recovered just 0.1% of the £172 million in damages it originally sought.

Expert Analysis

  • What Cos. Can Expect From CMA Consumer Protection Drive

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    The Competition and Markets Authority’s recently launched consumer protection drive targeting banned online sales practices focuses on supporting compliance rather than on enforcement, although firms should expect this to change once businesses have had time to adapt to the regulator's new regime, say lawyers at Baker Botts.

  • Preparing For UK's New Tax Fraud Whistleblower Program

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    With the U.K. government introducing a U.S.-style whistleblower incentive scheme to tackle high-value tax avoidance and evasion, companies should take proactive steps and establish clear protocols to mitigate the potential increase in tax investigations, say lawyers at Skadden.

  • Key Trends Shaping ESG And Sustainability Law In 2026

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    2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

  • Digital Regulation In EU And UK: The Enduring 2025 Themes

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    With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

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    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

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    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • Freezing Orders Maintain Their Impact 50 Years On

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    Freezing orders, created in Mareva v. International Bulk Carriers 50 years ago, are now a fundamental part of English and Welsh law and a significant weapon in the litigator's armory, considered indispensable by practitioners seeking to obtain enforceable judgments and interlocutory relief on behalf of their clients, say lawyers at Trowers and Hamlins.

  • EU Businesses Face Uncertainty Amid Sustainability Reforms

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    The European Commission’s sustainability omnibus, due to be approved this month, has brought a year of regulatory upheaval for European businesses, and although the long-awaited scaled-back obligations will provide clarity, a balance between not overburdening reporting companies and the need for data to make sustainable investments must be found, say lawyers at Peters & Peters.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Tracking Crypto-Asset Tax Rules In 2025 And Beyond

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    The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.

  • Navigating Legal Privilege Issues When Using AI

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    The recent explosion in artificial intelligence has led to prompts and AI outputs that may be susceptible to disclosure in proceedings, and it is important to apply familiar principles to assess whether legal privilege may apply to these interactions, say lawyers at HSF.

  • A Look At Factors Affecting Ombudsman Complaint Trends

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    Lawyers at Womble Bond provide an analysis of the Financial Ombudsman Service's complaint trends in 2025, highlighting the impact of changes within the FOS and external factors on the financial sector's redress system.

  • What To Know About FCA's Short Selling Regime Proposals

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    Although the Financial Conduct Authority’s recent proposals for changes to the U.K. short selling regime do not materially alter the rules, targeted reforms designed to reduce the administrative burden placed on position holders will be welcomed by market participants, say lawyers at McDermott.

  • How BoE Stablecoin Proposals May Reshape UK Payments

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    The Bank of England’s proposals for a sterling-denominated systemic stablecoin system amount to a substantial new regime, but it has a low-risk appetite for any change that would result in payment obligations migrating to a private stablecoin ledger and its tentativeness toward wholesale settlement is disappointing, say lawyers at Norton Rose.

  • Why EU's FDI Screening Proposals Require Careful Balance

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    The European Commission’s proposals to harmonize EU foreign direct investment screening regimes at the member state level require a trilogue between the commission, Parliament and council, which means political tensions need to be resolved in order to reach agreement on the five key reforms, say lawyers at Arnold & Porter.

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