Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.
Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.
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Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.
Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
Crispin Odey's lifetime ban will give the Financial Conduct Authority another springboard for cracking down on nonfinancial misconduct, sending a warning to firms to run an independent and thorough probe as well as investigate the allegations, lawyers say.
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October 06, 2026
The European Union's insurance watchdog warned in a report on Tuesday that private equity companies' pursuit of quick returns and willingness to take greater risks can conflict with their responsibility to ensure insurers and reinsurers remain financially sound.
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October 06, 2026
A group of MPs called for an independent investigation on Tuesday into how the Financial Conduct Authority handles whistleblowers following the death of a former Wall Street broker, as the watchdog's annual general meeting was hijacked by complainants criticizing its approach.
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October 05, 2026
A Luxembourg real estate debt investment company has sued an engineering consultancy and a design firm for £20 million ($26.4 million), alleging that defects in a Shoreditch hotel development caused a sale to fall through.
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October 05, 2026
Motor finance lenders and a consumer advocacy body labeled the Financial Conduct Authority's redress program as fundamentally flawed at the Upper Tribunal on Monday, with some asking to allow expert witnesses to challenge the assumptions.
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October 05, 2026
JPMorgan Securities and JPMorgan Chase Bank have agreed to a cease-and-desist order and a censure from the U.S. Securities and Exchange Commission to resolve claims that the firms allowed a person who was statutorily disqualified due to a violation in the U.K. to effectuate security-based swap transactions.
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October 05, 2026
Reinsurers cannot refuse multibillion-dollar claims for planes stranded in Russia on the basis that they're not covered by reinsurance policies arranged by airlines, a group of lessors told the opening of trial Monday.
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October 05, 2026
A renewable energy investment fund has been sued by solar energy company Enviromena for £2.8 million ($3.7 million), after a project it acquired from the fund had higher grid connection costs than expected.
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October 05, 2026
Permanent TSB Group rejected a potential takeover offer from investment firm Axis Capital Ltd. on Monday, saying it was focused instead on completing an agreed takeover by another rival.
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October 05, 2026
Asset manager Team PLC said Monday that it has agreed to buy wealth manager Hedley & Co. Stockbrokers Ltd. for at least £3 million ($4 million) as it seeks to expand in the U.K. and boost profitability.
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October 02, 2026
Digital asset infrastructure company BitGo has been sued for $141 million by two companies linked to crypto market maker DWF Labs, who allege BitGo caused a drop in token value by releasing tokens it had bought from them onto the market in breach of an agreed "lock up" period.
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October 02, 2026
The past week in London has seen former West Ham United co-chair David Sullivan file a defamation claim against the BBC, British rock band Oasis sue its former sound engineer to halt an auction of recordings, and Home REIT sued by its shareholders for misleading statements about the company's portfolio.
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October 02, 2026
Legal challenges to the Financial Conduct Authority's motor finance redress program will reach a crucial stage on Oct. 5, when the Upper Tribunal begins a two-day hearing on scheduling its decision and whether to allow expert witnesses.
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October 02, 2026
An Italian investment vehicle can't revive a €50 million ($56.4 million) fraud case, after an appeals court held Friday that a wealth manager was not obligated to disclose all facts material to their investments.
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October 02, 2026
More than 800 shareholders in Home REIT have sued the investor in social housing for £120 million ($158 million), seeking compensation for losses caused by allegedly "misleading statements" the company made about itself and its property portfolio.
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October 02, 2026
Regulatory burdens remain a persistent concern for the U.K.'s financial services firms, the Financial Conduct Authority warned Friday, with companies questioning whether its streamlining efforts really are driving tangible reductions in costs and administrative work.
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October 02, 2026
The European Bank for Reconstruction and Development said Friday that it plans to acquire a 5% stake in AikGroup for up to €64 million ($72 million) to support the lender's expansion across the Adriatic region.
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October 02, 2026
A real estate businessman has lost part of his defense and his entire counterclaim in a €37 million ($41.6 million) debt dispute as a court struck them out, citing his "surprisingly severe" failure to disclose any reasonable grounds for defending against the claim.
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October 02, 2026
The Financial Conduct Authority has banned a former HSBC banker from working in regulated financial services in the U.K. after he was convicted of fraud for repeatedly evading train fares.
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October 01, 2026
A retail bank has sued two property developer brothers to recover £13.8 million ($18.2 million) in loans it advanced to three collapsed real estate companies linked to the men.
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October 01, 2026
The Financial Conduct Authority has promised to review its engagement with a prolific whistleblower who died shortly after losing an employment tribunal claim against his former Wall Street employer.
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October 01, 2026
The parent company of Brazil's Nubank has said it is not pursuing a takeover of Monzo, in response to media speculation of a £10 billion ($13 billion) takeover of the British digital bank.
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October 01, 2026
A European court has dismissed investment manager Van Eck's bid to register a trademark for "MarketVector Indexes," ruling that clients could mistakenly believe it was linked to a rival's earlier "Vector Fund" branded range of services.
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October 01, 2026
The European Union's financial crime watchdog has finalized draft requirements setting out when companies must check customers, how they should verify identities and what information corporate groups must share to combat money laundering and terrorist financing.
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October 01, 2026
The European Union's securities regulator has called for changes to the bloc's crypto-asset rules to strengthen investor protection, close regulatory gaps and provide clearer rules for emerging services including decentralized finance, staking, lending and borrowing.
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October 01, 2026
DBS Bank and ING Bank have provided property investors with a loan of 1.72 billion Singapore dollars ($1.34 billion) to finance the refurbishment of a major office and retail development in the City of London.