Financial Services UK

  • October 14, 2026

    Raising Capital Gains Tax A Risky Move, Ex-Labour Aide Says

    The U.K.'s Labour government should be wary of raising capital gains tax rates in its autumn budget given the risks for businesses and investment, a former adviser to Prime Minister Andy Burnham told a parliamentary committee Wednesday.

  • October 14, 2026

    DLA Piper Advises Maslow On £238M Student Halls JV Loan

    Maslow Capital said Wednesday it has provided a £238 million ($313 million) loan to a joint venture to fund student accommodation and affordable housing in south London.

  • October 14, 2026

    Trader Sues Crypto Firm Founded By Reform Donor For £10M

    A software engineer has sued BitMEX, alleging that the cryptocurrency exchange and trading platform founded by Reform UK donor Ben Delo sold him unlicensed crypto-derivatives, leading to losses of more than £10 million ($13.2 million).

  • October 21, 2026

    HSF Kramer Hires Property Team From K&L Gates In Milan

    HSF Kramer has hired a seven-person legal team from K&L Gates to launch a real estate practice at its office in Milan, as it continues to build a full-service operation at the Italian base.

  • October 14, 2026

    FCA, PRA Ease Restrictions On High Loan-To-Income Lending

    The U.K.'s financial regulators said Wednesday they have eased restrictions on mortgage lending, giving individual lenders room to offer larger loans relative to borrowers' incomes.

  • October 14, 2026

    FSB Consults On Regulatory, Supervisory Modernization

    Financial rules must be better streamlined and more evenly implemented, the Financial Stability Board proposed Wednesday as it prepares a major report on international progress in modernizing the sector.

  • October 13, 2026

    Oil Biz Fights Denial Of Freeze Order Against Former Execs

    A Singapore-based petroleum company asked a London appellate court on Tuesday to impose a worldwide freezing order on its former chief executive and "de facto" chief financial officer.

  • October 13, 2026

    Santander Must Release $90M In Power Plant Bond Spat

    A London court has ordered Santander to release funds at the center of a $90 million bond dispute, ruling on Tuesday that the bank could not rely on a Spanish injunction to dodge paying a power plant developer.

  • October 13, 2026

    FCA To 'Reflect' On Whistleblower Treatment After Suicide

    The Financial Conduct Authority said Tuesday that it is reviewing its treatment of whistleblowers, acknowledging that it must "reflect on" how it communicates with and supports informants in the wake of a recent suicide.

  • October 13, 2026

    FCA Weighs Next Step For Contracts As Palantir Deal Ends

    The Financial Conduct Authority said Tuesday it is considering its options for future intelligence technology contracts after completing a proof-of-concept project with Palantir, as it seeks to strengthen its ability to tackle increasingly sophisticated financial crime.

  • October 13, 2026

    Three Arrested In Criminal Insider Dealing Operation

    Three people have been arrested following an operation targeting an alleged criminal insider dealing and money laundering ring, the Financial Conduct Authority said Tuesday.

  • October 13, 2026

    Financial Advisers Plead Guilty In £2M Client Fraud Case

    Two financial advisers have pleaded guilty to fraud after four clients lost £2 million ($2.6 million) in a case involving false documents and misused money, the Financial Conduct Authority said Tuesday.

  • October 13, 2026

    Chinese Law To Govern Fraud Victims' £5B Bitcoin Claim

    Chinese law must determine whether fraud victims are owed a share of more than £5 billion ($7 billion) in seized cryptocurrency, a London court has ruled, improving the U.K.'s chances of retaining the record haul.

  • October 13, 2026

    FCA Motor Finance Scheme Dispute Delayed To February 2027

    A tribunal has delayed the Financial Conduct Authority's motor finance compensation program until February 2027 to allow for the use of expert evidence and to require the regulator to disclose more detail of its redress calculations.

  • October 12, 2026

    ESMA Warns Funds Over Climate Transition Greenwashing

    Investment funds claiming to support transitions to low-carbon economies risk misleading investors when they make ambitious climate promises without explaining how they will be achieved or how progress is measured, the European Union's securities watchdog warned Monday.

  • October 12, 2026

    Billionaire's Family Office Seeks $150M Over Alleged FX Fraud

    The investment arm of Egyptian billionaire Naguib Sawiris' family told a London court Monday that it is owed approximately $150 million after it was duped into pouring millions into a foreign exchange business that was secretly controlled by outsiders using it to "milk" fees.

  • October 12, 2026

    Stephenson Harwood-led Developer Gets £132M For Project

    Developer Native Land has secured £132 million ($174 million) in financing to support a riverside regeneration project in southeast England.

  • October 12, 2026

    Care Home Investors Win £2.8M Property Mis-Selling Claim

    A collapsed property marketing business has been found liable for mis-selling luxury care home leases to dozens of retirees and small-scale investors who lost £2.8 million ($3.7 million) when the developments failed.

  • October 12, 2026

    FCA Bans Ex-NASA Scientist Imprisoned For £1M Fraud

    The Financial Conduct Authority has banned a former NASA scientist from working in the financial services sector, after he was imprisoned for a £1 million ($1.3 million) investment fraud.

  • October 12, 2026

    FCA Warns Of Governance Conflicts At Benchmarking Cos.

    Benchmark setters must strengthen oversight of potential conflicts of interest, particularly where individuals hold multiple positions across regulated businesses and wider corporate groups, the City regulator warned Monday.

  • October 12, 2026

    FSB Warns On Stablecoin Risk, AI Threat Ahead Of G20

    Gaps in stablecoin regulation and increasingly sophisticated AI-enabled cyberthreats could undermine financial stability, a global standards setter has warned as it urged major economies to strengthen international cooperation.

  • October 09, 2026

    Macquarie Offers CMA Fix For Meter Reading Deal

    Britain's competition enforcer is mulling a proposed fix for Macquarie Asset Management's planned purchase of electricity and gas metering company Energy Assets Group, after raising concerns about gas metering services for commercial customers.

  • October 09, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.

  • October 09, 2026

    FCA Faces Calls To Replace Andriesz Whistleblower Probe

    Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.

  • October 09, 2026

    BoE Urges Banks To Act On Cloud Disruption Test Findings

    The Bank of England said Friday it has tested the financial sector's ability to respond to a global cloud services outage, bringing together 38 of the U.K.'s largest lenders and market infrastructure operators in a crisis management exercise.

Expert Analysis

  • Consolidation Of Lloyd's Bylaws Will Be Useful For Members

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    Lloyd’s of London’s recent consolidation of its bylaws will make the rules governing its market more accessible, providing immediate results as well as the necessarily flexible framework to address the future needs of its participants, say lawyers at Skadden.

  • How EU Prospectus Rule Changes May Boost Market Access

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    The European Union Listing Act’s forthcoming changes to EU prospectus requirements aim to reduce the regulatory burden for issuers of securities, facilitating more efficient transaction execution and reducing market risk, of particular relevance to small and midsize enterprises, say lawyers at Covington.

  • 4 Securities Trends For Pension Trustees To Watch In 2026

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    With the U.K. signaling it will soon demand more active fiduciary stewardship from pension trustees, British and EU fund managers must follow key trends in mass securities litigation, investment disclosures, and U.S. enforcement that could require intervening for their investors in 2026, say lawyers at Labaton Keller.

  • Exploring The Rise In European Private Credit Loan Portability

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    The increasing use of portability mechanics in loan documentation can make sales processes more attractive to buyers and brings cost savings to sellers, but there are concerns over the portability's impact on competition and differences in sponsors’ goals, say lawyers at King & Spalding.

  • Sanctions Spotlight: Compliance Insights After OTSI's 1st Year

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    The Office of Trade Sanctions Implementation's recent report on its first year of operation offers insights into OTSI's interpretation of its mandate as the U.K.'s civil enforcement body for trade sanctions and efforts to operationalize its enforcement powers, giving businesses a compliance road map for areas it will prioritize in 2026, says Alexandra Melia at Steptoe.

  • A Look At ESMA's New Governance Framework For EU Boards

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    The European Securities and Markets Authority's recently finalized supervisory expectations for management bodies mark a shift toward improved board oversight across culture, risk, strategy and accountability that firms should view as a benchmark, say lawyers at Ropes & Gray.

  • Digital Assets Act Allows Courts To Cater For New Tech

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    The recently enforced Property (Digital Assets etc) Act confirms in law that digital assets can be recognized as personal property, while leaving intentional gaps, which allow courts the flexibility to adapt traditional legal rules to new innovative technology, say lawyers at Dechert.

  • How To Navigate AI M&A Risks, Compliance In Europe

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    As the artificial intelligence industry continues to witness substantial M&A transactions in Europe, parties should be mindful of the unique challenges posed by the acquisition of intangible AI technologies, monitor the evolving regulatory landscape, and establish optimal mechanisms for risk allocation, say lawyers at Morgan Lewis.

  • What To Expect From UK Prospectus Regime Changes

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    The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.

  • 10 Financial Regulatory Changes To Prepare For In 2026

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    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • How Gov't AML Supervision Reform Will Affect Law Firms

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    In confirming that the Financial Conduct Authority will become the single supervisor for professional services, HM Treasury’s planned reform of the U.K.’s anti-money laundering and counter-terrorist financing supervision regime marks a significant change for the legal profession, signaling a greater emphasis on evidence and accountability, says Harriet Holmes at Thirdfort.

  • EU Financial Regulation Trends Cos. Need To Watch In 2026

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    An ever-increasing number of initiatives on the European Union regulatory agenda, with simplification and consistent implementation being priorities, means financial services businesses with a footprint in the EU or seeking to establish one will face significant challenges and strategic opportunities, say lawyers at Taylor Wessing.

  • What To Expect From UK, EU Crypto Regime Changes In 2026

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    With 2025 marking the first operational year of the European Union’s Markets in Crypto-Assets Regulation and the U.K.’s rules reaching their final legislative form, the two jurisdictions are converging in focus, but structural design differences mean firms active in both markets will require dedicated documentation to ensure compliance, say lawyers at Morgan Lewis.

  • 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.

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