New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
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A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
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New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
New powers that put companies on the chopping block for crimes committed by their executives dramatically expand corporate liability to include a wider array of offenses, which businesses already struggling with "compliance fatigue" have barely begun to grapple with, lawyers say.
Legal challenges to the Financial Conduct Authority's motor finance redress scheme fired off this week to the Upper Tribunal will lead to long delays, with some legal experts already doubting whether the cases can be argued successfully.
A recent court ruling that expands legal advice privilege to cover some internal corporate communications gives companies greater scope for withholding sensitive material but is likely to prompt challenges over whether those documents meet the test for protection, lawyers say.
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May 26, 2026
A proxy advisory company has urged investors in Metro Bank to vote down aspects of the lender's pay report, including a sizable top executive bonus program that is "significantly out of line with market standards."
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May 26, 2026
A global exchange association set out rules on Tuesday for how stock exchanges should classify listed companies in the transition toward a green economy.
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May 26, 2026
The government announced a new round of sanctions on Tuesday, aimed at stopping Russia from using cryptocurrency networks and foreign financial systems to evade financial and trade restrictions imposed as a result of the Ukraine war.
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May 26, 2026
Britain's accounting watchdog has published finalized guidance for how pension plans should comply with the findings of a landmark court judgment.
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May 26, 2026
A Turkish aircraft lessor has sued a property finance company after it allegedly refused to hand over a $27.7 million private jet after the arrest of the lessor's former chairman over a football gambling probe delayed payment for the plane.
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May 26, 2026
A tribunal has ruled that HSBC must face a claim that it discriminated against a former employee during her menopause by disciplining her for working from home when she was experiencing migraines.
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May 26, 2026
Plans by the Financial Conduct Authority to allow businesses in the sector to give more simplified advice to consumers on pensions and investments are a positive step but "don't go far enough," a trade body has said.
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May 22, 2026
A Labour member of the U.K. Parliament vying to succeed Prime Minister Keir Starmer has said he will work to implement a "wealth tax that works" by equalizing capital gains tax and income tax rates if he wins a future leadership contest.
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May 22, 2026
Mercuria Energy Group secured an expedited October trial on Friday in its claim against Baltic Exchange for allegedly failing to factor the essential closing of the Strait of Hormuz into an oil trading benchmark, after Mercuria argued it would affect the entire market.
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May 22, 2026
The former owners of PrivatBank failed on Friday to overturn a finding that they owe the Ukrainian lender $3 billion, as an appeals court rejected their argument that its acceptance of a later repayment "extinguished" the loss resulting from their fraudulent loan recycling scheme.
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May 22, 2026
Administrators of a company linked to Market Financial Solutions have sued Paresh Raja, the collapsed lender's owner, in a London court for alleged breach of fiduciary duty — the latest in growing litigation surrounding the mortgage scandal.
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May 22, 2026
The past week in London has seen Napster sued by a music royalties company, White & Case LLP and Laytons LLP targeted in a claim by a property developer, a short-term lender pursue legal action against law firm Rainer Hughes and its former founding partner following his strike-off for money laundering offenses, and the administrators of London Bridging sue the founder of collapsed Market Financial Solutions. Here, Law360 looks at these and other new claims in the U.K.
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May 22, 2026
An e-commerce platform has settled its claim against a Canadian financial technology company that allegedly wrongly withheld a total of €1.3 million ($1.5 million) and 20.9 million Japanese yen ($130,000) owed from customer purchases.
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May 22, 2026
Bulk purchase insurers held nearly two-thirds of their total assets of more than £200 billion ($268 billion) within the U.K. in 2024, a trade body has said.
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May 22, 2026
New regulations that will reshape Britain's local government pensions investments will come into force in June, as a minister said the reforms will improve retirement returns for millions of council workers and unlock more cash for economic investment.
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May 22, 2026
The average surplus of defined benefit pension plans sponsored by Britain's top 100 companies was more than £550 million ($738.4 million) at the end of 2025, a consultancy has said, with an aggregate surplus estimated at almost £40 billion.
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May 21, 2026
U.K. Chancellor of the Exchequer Rachel Reeves announced plans Thursday to restrict offshore tax planning by energy multinationals as part of a series of fiscal measures, including cuts to fuel duty and value-added tax.
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May 21, 2026
The former boss of London Capital & Finance PLC was hit with a six-month prison sentence Thursday for breaching an order imposed by the Serious Fraud Office during an investigation into the £237 million ($317.9 million) collapse of the company.
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May 21, 2026
Most U.K. defined benefit pension programs have now decided their long-term plans for their eventual managed wind-downs, including buyouts by insurance groups, an Aon PLC report showed on Thursday.
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May 21, 2026
The Bank of England said Thursday that it will loosen rules to make it easier for foreign insurers to operate in the U.K. as part of an effort to boost the national economy.
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May 21, 2026
The U.K. has topped mainland Europe as the leading destination for foreign investment in financial and professional services despite Brexit and global volatility, the governing body of the City of London said on Thursday.
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May 21, 2026
Standard Life PLC has said it has insured £200 million ($268 million) of the liabilities of its own staff pension program, in a deal guided by Linklaters.
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May 20, 2026
Three companies have denied allegations that they conspired to defraud a management consultancy by helping a purported bond market trader dissipate a $9.4 million investment, claiming the funds they received from the trader's business were legitimate payments relating to loans.
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May 20, 2026
A European court has ruled that employees claiming to have suffered discrimination at work before Brexit can still expect EU law to apply to their case if it began before the U.K. left the European Union.
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May 20, 2026
The class representative of a U.K. mass claim against Mastercard said Wednesday that a London court should rebuff litigation funder Innsworth's challenge to the distribution of the claim's £200 million ($269 million) settlement, arguing that it received enough profit in light of how the claim had gone.