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Exterior of the financial regulator's offices in London

FCA Kick-Starts New 'Name And Shame' Enforcement Tactic

The Financial Conduct Authority has begun 2026 with a clear sign that it will use its newly won power to "name and shame" companies under investigation for suspected misconduct as it seeks to bolster protection for consumers.

FCA Expected To Boost Fines, Name More Companies In 2026

The Financial Conduct Authority is likely to step up its enforcement action in 2026 with higher fines and more readiness to name companies under investigation, bolstered by a landmark High Court rejection of a challenge to such a naming decision.

Sign outside office that deals with fraud with the UK coat of arms, affixed to a stone building.

SFO Faces Critical Year With Several Major Trials In 2026

Though the Serious Fraud Office spent a year largely outside the courtroom, 2026 is shaping up to be a blockbuster period for the white-collar enforcer, with four cases going to trial involving 11 defendants charged with fraud and bribery.

Car Loans, AI, Crypto Top UK's 2026 Consumer Protection List

Financial regulators have entered the new year with a long list of unfinished business in consumer protection and other regulatory areas, ranging from targeted support and a major redress program to a first full U.K. regime for crypto assets and a better steer on artificial intelligence.

January 28, 2026
Pensions Adviser Isio Launches Deal Service For Small Plans

Pensions advisory business Isio has launched a service that it said is designed to support smaller retirement savings plans as they seek to overcome barriers to potential buyouts with insurers.
January 28, 2026
More Firms Sign Audit Stewardship Code Before Latest Launch

More than 290 companies with combined assets under management of more than £57 trillion ($78.5 trillion) have now signed the UK Stewardship Code, the Financial Reporting Council said Wednesday.
January 28, 2026
Zurich UK Invests £1.3M In AI Apprenticeship Program

Insurance giant Zurich UK has launched an artificial intelligence apprenticeship program for staff as it looks to help employees to gain the confidence they need to embrace the new technology.
January 28, 2026
FCA Urged To Clarify AI Rules For Senior Managers

The Financial Conduct Authority is facing calls from legal experts for it to plug gaps in its rules that could leave senior managers on the hook for failings in artificial intelligence under existing accountability regulations.
January 27, 2026
Gov't Pension IHT Reforms Risk Delays, Costs, Report Finds

Plans by the government to apply inheritance tax to wealth transferred through pensions place a huge burden on the personnel dealing with the estate and risk causing "significant delays and costs," a House of Lords committee warned in a report published Wednesday.
January 27, 2026
Lloyd's Syndicate Says Reinsurers Owe Millions Over COVID

A Lloyd's of London syndicate told a trial Tuesday that a group of underwriters and insurance companies owe it several million dollars for losses suffered when venues shut down around the globe during the COVID-19 pandemic.
January 27, 2026
Pinsent Masons Steers AUB's Buy Of UK Insurance Broker

Australian insurance broking and underwriting agency group AUB Group Ltd. said Tuesday that it has agreed to acquire a majority stake in the insurance business of insurance holding company PIHL Holdings Ltd., boosting its footprint in the U.K.
January 27, 2026
DLA Piper Guides £6.6M Pension Deal For Norwegian Food Biz

The Norwegian food company Kavli Group has offloaded £6.6 million ($9 million) of its U.K. retirement scheme liabilities to Pension Insurance Corp. PLC, the insurer said Tuesday, in a deal steered by DLA Piper and CMS Cameron McKenna Nabarro Olswang LLP.
January 27, 2026
FCA Moving Too Slowly On Red Tape Cuts, Lloyd's Body Says

The Financial Conduct Authority should go further this year to reduce the burdens on Lloyd's of London insurers, a trade body said, warning that progress so far in dealing with red tape has been too slow.
January 27, 2026
FCA Studying Impact Of AI On Financial Services, Markets

The finance watchdog launched a wide-ranging review into how artificial intelligence could reshape financial services and markets in the long-term on Tuesday, as regulators face growing pressure to keep pace with the fast-moving technology.
January 27, 2026
UK Finance Gender Pay Gap One Of The Highest, EY Says

The U.K. has one of the highest board-level gender pay gaps in the transatlantic financial services market, Ernst & Young LLP has said in a study, despite narrowing the renumeration divide to 29% from 40% since 2020.
January 26, 2026
Costain's New Pension Deal Boosts Shareholder Returns

Costain Group PLC said Monday that it has reached a new agreement for its defined benefit pension scheme with its trustee, which will help it boost shareholder returns, as it announced a new £20 million ($27.4 million) share buyback program.
January 26, 2026
FCA Rejects Business COVID Claim Deadline Extension Bid

The City watchdog has rejected a bid by a law firm and a group of hospitality sector trade groups to extend the deadline for business interruption claims linked to the COVID-19 pandemic.
January 26, 2026
Marsh Boosts Data Center Cover To $2.7B For AI Boom

Insurance giant Marsh McLennan said Monday it is able to offer higher payouts on claims under its flagship data center insurance facility, amid a boom in construction to support the rollout of new artificial intelligence technology.
January 26, 2026
FCA Warns Crypto Sector Against Mistreating Consumers

The Financial Conduct Authority has warned crypto asset businesses against providing unsuitable products to consumers in draft guidance on applying the Consumer Duty under the crypto asset regime that comes into force in 2026.
January 26, 2026
Arc Guides Finnish Airline's £4M Pension Deal With Aviva

Finland's national airline has offloaded £4 million ($5.5 million) of its pension liabilities to insurer Aviva PLC, advisers said Monday, in a deal guided by Arc Pensions Law.
January 26, 2026
UK Civil Service Pension Plan Members Face Payment Delays

Scores of retired members of the U.K.'s Civil Service pension plan have not received their pension payments due to issues hampering the handover between the companies administering the program, the Public and Commercial Services Union has said.
January 23, 2026
Taxation With Representation: Vinge, A&O Shearman, Cassels

In this week's Taxation With Representation, Swedish private equity company EQT buys U.K. secondaries firm Coller Capital, biopharmaceutical giant GSK PLC acquires Rapt Therapeutics Inc., and fusion energy company General Fusion announces plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III.
January 23, 2026
UK Litigation Roundup: Here's What You Missed In London

This past week in London saw Travelers Insurance hit with a claim from a property buyer over a payout tied to collapsed law firm Axiom Ince, Swedish music group Pophouse Entertainment clash with the production company that helped it create the ABBA Voyage experience, and biotech company Vertex Pharmaceuticals sue rival entity ToolGen for patent infringement.
January 23, 2026
Systemic Issues Drive UK Gender Pension Gap, Study Says

Policymakers should assess what barriers affect long-term planning for retirement saving for women, rather than assuming that they lack confidence, when explaining the gender pension gap, a report published Friday says.
January 23, 2026
FCA Proposes More Standards For Crypto Asset Regulation

The Financial Conduct Authority proposed Friday further rules on how crypto asset companies should treat consumers under the new regulatory regime for digital assets due for implementation later this year.
January 23, 2026
FRC Issues New Guidance After Virgin Media Pension Ruling

Britain's audit regulator released new guidance on Friday that clarifies how pension programs should comply with the findings of a landmark court judgment.
January 23, 2026
Cost Of Tax Breaks On Pension Contributions Nears £60B

The cost to the U.K. government of providing tax breaks on pensions savings is set to rise to nearly £60 billion ($81.2 billion) next year, according to official figures.
January 23, 2026
Gowling, Sackers Steer Japanese Bank's £24M Pension Deal

A pension plan sponsored by one of Japan's largest financial institutions has offloaded £24 million ($32 million) of its retirement program liabilities to Just Group, in a deal steered by Gowling WLG and Sackers, advisers to the transaction have said.
January 23, 2026
Norton Rose Steers £213M Oxford Instruments Pension Buy-In

Royal London has concluded a £213 million ($288 million) full scheme buy-in to secure the retirement benefits for the pension plan of U.K. members of technology toolmaker Oxford Instruments PLC.

Editor's Picks

Top Court Ruling In 'Whiplash' Test Case Could Hit Premiums

Personal injury claimants could get higher payouts from their motor insurance as a result of a test case ruling at Britain's highest court on Tuesday, although analysts warn that insurers could respond with higher premiums to cover the cost of bigger claims.
FCA Begins Crackdown On Poor-Value Insurance Products

The move by the Financial Conduct Authority to restrict sales of guaranteed asset protection insurance is a sign of a faster approach to market intervention, and could lead the regulator to scrutinize other underperforming products, consultants say.
Post-Election UK Pension Changes Could Be In The Fine Print

Regulatory lawyers are not expecting radical overhaul in pension policies if the government changes after this year's general election. But lawyers say that signals in the opposition Labour Party's policy language could hint at possible shifts in investment priorities for retirement savings.

Expert Analysis

10 Financial Regulatory Changes To Prepare For In 2026

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.
FCA Enforcement Trends In 2025 And Expectations For 2026

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

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.
How Russia Sanctions Trajectory Is Affecting UK Legal Sector

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.
Navigating Legal Privilege Issues When Using AI

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

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

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.
EBA Proposals Signal Overhaul Of EU 3rd-Party Risk Rules

The European Banking Authority’s plans to extend third-party risk controls to non-ICT services, which may be finalized by the end of the year, will place a significant compliance and operational burden on in-scope entities, which should not be underestimated, say lawyers at Travers Smith.
FCA Proposals Reduce Consumer Duty Compliance Burden

The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.
How New Companies House ID Rules Affect Businesses

Lawyers at Shepherd & Wedderburn discuss the Economic Crime and Corporate Transparency Act’s new mandatory identity verification requirements for all company directors and persons with significant control, set to go live next week, which aim to curb fraud by improving the reliability of information held by Companies House.
What EU Securitization Proposals Signal For Risk Transfers

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

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

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.
What To Know About Interim Licenses In Global FRAND Cases

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.
EU-US Data Transfer Ruling Offers Reassurance To Cos.

The European Union General Court’s recent upholding of the EU-U.S. Data Privacy Framework in Latombe v. European Commission, although subject to appeal, provides companies with legal certainty for the first time by allowing the transfer of European Economic Area personal data without relying on alternative mechanisms, say lawyers at Wilson Sonsini.