Financial Services UK

  • September 14, 2026

    UK Weighs Exempting Tokenized Gold From Fund Regulations

    The Financial Conduct Authority said Monday it could exempt certain tokenized gold products from U.K. fund regulations, making it easier to trade digital versions of physical bullion and use it as collateral.

  • September 14, 2026

    Crispin Odey Loses Appeal Against Financial Services Ban

    Crispin Odey failed to overturn his ban from working in the financial services industry on Monday as a tribunal upheld misconduct findings that the former hedge fund boss had thwarted an internal probe into allegations of sexual harassment.

  • September 14, 2026

    FSCS Wins Time-Bar Fight Over Failed Pension Investments

    A judge has ruled against savers seeking restitution for failed pension investments, finding that the Financial Services Compensation Scheme was right to reject their claims for allegedly lost returns on investments because they were filed too late. 

  • September 14, 2026

    Fintech Biz Bags €10.5M In VC Funding To Expand In Europe

    Financial technology company Chift API said Monday that it has raised €10.5 million ($12.7 million) in Series A funding to expand its software platform across Europe.

  • September 11, 2026

    Gov't To Overhaul Student Loan Disclosures After Probe

    The U.K. government said Sunday that it would change how student loans are presented to prospective students in a bid to "right a historical wrong," but stopped short of enacting all the recommendations set out in a scathing parliamentary report.

  • September 11, 2026

    Law Body Calls For Streamlined Insurance Mutual Legislation

    The Law Commission said the government should simplify legislation for the insurance mutuals sector, saying the rules around friendly societies are too complicated.

  • September 11, 2026

    KPMG Investigated Over Prax Group's State Oil Audit

    The U.K. accounting regulator said Friday that it is investigating KPMG, PKF Littlejohn and an accountant over audits of State Oil, part of collapsed oil business Prax Group.

  • September 11, 2026

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

    The past week in London has seen Pogust Goodhead embroiled in a legal dispute with claimants in the Mariana dam litigation, and be sued by a barrister who represented it during the case, and Mexican broadcaster TV Azteca file commercial fraud claims against Barclays and Metro Bank.

  • September 11, 2026

    Airbnb Wins EU Row Over 'Abnbx' Crypto Software Mark

    Airbnb has won a bid to invalidate a German company's "Abnbx" trademark after European officials found that the mark was deliberately chosen to "piggyback" on the holiday rental giant's reputation.

  • September 11, 2026

    Premier League's £10M Stays Frozen Over Crime Suspicions

    The Premier League lost its bid to unfreeze over £10 million ($13.5 million) in accounts when a London judge ruled Friday that they should remain frozen until January, finding grounds to suspect the money could be criminal proceeds.

  • September 11, 2026

    Gov't Says FCA 'Competitiveness' Mandate Will Save £1.6B

    The government said a new requirement for watchdogs to consider U.K. competitiveness when they develop regulations will boost the economy by £1.6 billion ($2.2 billion) over the next decade.

  • September 11, 2026

    Oligarch's Estate Can Run Matrimonial Law Case In $3B Fight

    The widow and daughter of a Russian tycoon have failed to prevent a representative for his estate from pursuing Ukrainian matrimonial asset arguments in the English court, the latest development in their long-running $3 billion inheritance dispute.

  • September 11, 2026

    Ex-Goodwin M&A Lawyer Pleads Not Guilty To Insider Trading

    A former Goodwin Procter lawyer pleaded not guilty to insider trading at a London court on Friday over allegations that he traded securities while working on a deal to take a British maternity-wear company private.

  • September 11, 2026

    FCA Accuses 5 Men Of Running £4M Water Bottling Fraud

    Five men fleeced investors out of £4 million ($5.4 million) in an "elaborate" scam involving water bottling projects that failed to produce a single drop of liquid, prosecutors said at the start of a trial on Friday.

  • September 10, 2026

    MFS Unit Administrator Exits Amid Concerns Over Link To Owner

    An administrator for a unit of Market Financial Solutions voluntarily left his post on Thursday after creditors of the collapsed mortgage lender raised concerns about a potential conflict of interest.

  • September 10, 2026

    Touchstone Investor Pleads Guilty To Fake Takeover Bid

    A shareholder in Touchstone Exploration Inc. pleaded guilty Thursday to fraud and forgery charges after creating a fake takeover approach for the AIM-listed energy company to artificially boost its share price, the Financial Conduct Authority said.

  • September 10, 2026

    OpenAI Can't Block Developer's 'ChainGPT' TM In UK

    OpenAI has failed to stop an AI blockchain platform from registering the trademark "ChainGPT" after U.K. officials said consumers wouldn't confuse the sign with ChatGPT because the name itself was too descriptive.

  • September 10, 2026

    ESMA Flags 'Rife' Insider Trading Risk In Prediction Markets

    Prediction markets are "rife" with insider trading, the European Union's markets watchdog warned on Thursday as it said that the fast-growing sector required continued monitoring.

  • September 10, 2026

    Woodville Paid £37M To Director-Linked Firms Before Collapse

    Motor finance litigation-funder Woodville paid upward of £37 million ($50 million) to companies connected to its directors before it collapsed into administration, according to a report by the administrators.

  • September 09, 2026

    Fraudulent Co. Can't Claw Back Doctors' Pay, UK Court Says

    An umbrella company that was shuttered for tax fraud, along with its liquidators, cannot claw back overpayments to two doctors resulting from the company not collecting payroll taxes, a London court found Wednesday.

  • September 09, 2026

    Mastercard Sued By 300 Hotels In Latest Swipe-Fees Case

    A group of 300 hotel companies has brought a competition claim against Mastercard, the latest in a series of swipe-fee dispute claims the payments giant has faced.

  • September 09, 2026

    Euroclear Beats Sacked Sales Manager's Commission Claim

    Euroclear has beaten a sales manager's claim for commission on its deal to acquire a fintech startup in 2023, with a tribunal finding he was barred from receiving commission after his employment at the startup ended. 

  • September 09, 2026

    Citi Fine Warns Firms To Stress-Test Sanctions Controls

    Citibank's fine for violating the U.K. sanctions regime shows that the enforcer will punish companies for serious breaches even if there was no intent to break the rules, underscoring the need for firms to stress-test their screening systems, lawyers say.

  • September 09, 2026

    Roman Abramovich Loses 3rd EU Sanctions Challenge

    Roman Abramovich failed on Wednesday in his third attempt to lift European Union sanctions against him after a court ruled that the billionaire was designated over activities "providing substantial revenue" to Russia.

  • September 08, 2026

    Potanin Wins Rusal Disclosure Fight Over Russian Data Law

    One of Russia's richest men won a fight over disclosure of documents Tuesday, in litigation involving the alleged defrauding and mismanagement of a nickel miner, when a London judge found that Russian law required personal data in disclosed documents to be redacted.

Expert Analysis

  • What EU Securitization Proposals Signal For Risk Transfers

    Author Photo

    If implemented, recent amendments to the European Union securitization framework are expected to have an unambiguously positive effect on significant risk transfer markets, providing greater consistency and necessary flexibility, say lawyers at McDermott.

  • Role Of UK Investment Act Is Evolving In M&A Deals

    Author Photo

    With merger and acquisition activity likely to increase in light of the government’s new defense industrial strategy, the role of the National Security and Investment Act will come into sharper focus, and its recent annual report confirms that scrutiny is intensifying, say lawyers at Kingsley Napley.

  • What To Know About EU's Reimposition Of Sanctions On Iran

    Author Photo

    Lawyers at Steptoe discuss the European Union’s recent reimposition of trade and financial sanctions against Iran, which will introduce legal and operational constraints that affect EU companies' commercial activities in the region.

  • FCA Crypto Proposals Herald Tougher Oversight For Firms

    Author Photo

    The Financial Conduct Authority’s recent proposals to extend regulation to crypto-asset activities will bring parity, but implementation of the operational resilience requirements and enhanced financial crime controls will present compliance challenges, says Michelle Kirschner at Gibson Dunn.

  • EU Investment Reporting Rules Letup Signals Pragmatic Shift

    Author Photo

    While investment companies remain subject to far-reaching disclosure obligations under the Foreign Subsidies Regulation, new guidance from the European Commission on reporting passive limited partner commitments represents a drastic simplification and burden reduction, say lawyers at Paul Weiss.

  • SFO's 2-Year Transformation Signals Crackdown On Fraud

    Author Photo

    Two years after Nick Ephgrave’s appointment as director of the Serious Fraud Office, the introduction of new corporate criminal offenses and strengthened investigative methods sends a clear message to corporations that the agency is delivering on its promise to be bolder and more proactive about tackling fraud, say lawyers at BCL Solicitors.

  • What To Know About Interim Licenses In Global FRAND Cases

    Author Photo

    Recent U.K. court decisions have shaped a framework for interim licenses in global standard-essential patent disputes, under which parties can benefit from operating on temporary terms while a court determines the final fair, reasonable and nondiscriminatory terms — but the future of this developing remedy is in doubt, say attorneys at Fish & Richardson.

  • How EU And UK Consumer Loan Protections Are Shifting

    Author Photo

    As market evolution and digitalization motivate both the European Union and the U.K. to revamp consumer protections around lending, the potential for divergence between these rules will pose new challenges for cross-border consumer credit lenders, say lawyers at Skadden.

  • EBA Guidance Shakes Up EU Securitization Market Practices

    Author Photo

    Although the European Banking Authority’s recent questioning of the common use of conditional sale agreements to season assets when setting up securitizations has come as an unwelcome surprise, competent regulators are expected to follow the EBA guidance, even though as a Q&A response it is not legally binding, say lawyers at Debevoise.

  • Landmark VAT Ruling Should Shift HMRC Reply On Guidance

    Author Photo

    The recent decision in Hotelbeds Ltd. v. Revenue and Customs Commissioners on the recovery of input tax, confirming that HMRC is bound to comply with its own guidance, will make the agency rethink its usual response to allegations that the policy was not law, say lawyers at Kennedys.

  • Evolving General Partner Stakes Market Brings Opportunities

    Author Photo

    The rapid increase in investment in general partner stakes by private capital managers indicates its advantages over both strategic sales and initial public offerings, including the ability to retain greater operational control over the business and to avoid the scrutiny that accompanies a listing, says Nicholas Page at Macfarlanes.

  • How UK Proposal On Late Payments Could Affect SMEs

    Author Photo

    The U.K. government’s ongoing late payments consultation would claw back much-needed leverage for small and midsize enterprises negotiating with large organizations, should the reforms be implemented as proposed, say lawyers at Shoosmiths.

  • Waldorf Ruling Signals Recalibration For Restructuring Plans

    Author Photo

    The recent High Court landmark judgment refusing to sanction Waldorf Production PLC's restructuring plan underscores a change in the way courts assess whether such plans are fair, indicating not their demise but a pivotal moment in their evolution, say lawyers at Simpson Thacher.

  • Key Points From UK And Japan's Antitrust Cooperation Pact

    Author Photo

    The memorandum of cooperation recently signed between the U.K. and Japan to promote collaboration in competition law enforcement is a meaningful step that offers cross-border businesses an improved foundation for earlier alignment and better risk management, say lawyers at Steptoe.

  • Opinion

    New US-UK Tech Deal Offers Opportunities To Boost Growth

    Author Photo

    The recently announced U.S. and U.K. Technology Prosperity Deal, encouraging businesses on both sides of the Atlantic to work together toward technological advance, will drive both investment in U.K. capabilities and returns for U.S. investors, says Peter Watts at Hogan Lovells.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Financial Services UK archive.