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.
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TUESDAY, JANUARY 6, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Analysis

FCA Expected To Boost Fines, Name More Companies In 2026

By Alex Davidson

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.

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Pensions Body Voices Fears Over Superfund Lifeboat Levy

By Joel Poultney

Proposals by the pensions lifeboat body to continue charging a levy to superfunds do not reflect the risks posed in the emerging sector and stops the funds benefiting from the zero charge applied to other schemes, a retirement savings provider said Monday.

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FCA Renews Its UK-EU Derivatives Trading Venue Flexibility

By Alex Davidson

The Financial Conduct Authority said Monday it has renewed for six months temporary rules allowing U.K. businesses to trade over-the-counter derivatives with European Union clients on EU trading venues, without mutual equivalence.

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LITIGATION

Lupton Fawcett Beats Investment Groups' £68M Ponzi Claim

By William Janes

Lupton Fawcett has beaten an attempt by the administrators of property investment companies to revive a £68 million ($92 million) negligence case over a Ponzi scheme, as an appeals court ruled on Monday that they would have suffered loss regardless of the firm's advice.

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Brief

Ex-Fund Director Faces 2028 Trial Over £20M Fraud

By Sophia Dourou

A former investment fund director accused of perpetrating a long-running fraud worth up to £20 million ($27 million) will stand trial in 2028, a judge said Monday.

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POLICY & REGULATION

EU Watchdog Starts Selecting OTC Derivatives Tape Provider

By Alex Davidson

The European Union's financial markets watchdog launched a process on Monday to select a consolidated tape provider for over-the-counter derivatives in a move designed to boost market transparency.

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Divorced Women Face 61% Pension Gap In UK

By Tom Fish

Divorced women in the U.K. retire with substantially smaller pension savings than their male counterparts, highlighting a deepening "pension gap" tied to marriage and lifetime earning patterns, a consultancy said on Monday.

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DEALS

Simpson Thacher-Led PE Firm To Buy Debt Manager Stake

By Tom Fish

Oakley Capital Investments Ltd. said Monday that Oakley Capital Fund VI has agreed to acquire a majority stake in finance specialist Global Loan Agency Services to expand the private equity firm's presence in a growing market.

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UK Pensions Deal Market Could Hit Record £55B In 2026

By Joel Poultney

Pension deals in the U.K. could hit a record £55 billion ($74 billion) in 2026 if favorable pricing continues amid a rise in acquisitions among some of the biggest insurers in the sector, Lane Clark & Peacock LLP said Monday.

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Brief

Bridgepoint In Talks To Acquire Interpath Majority Stake

By Irene Madongo

Financial advisory company Interpath Ltd. said on Monday that investor Bridgepoint Group is involved in exclusive negotiations for funds it manages to acquire a majority stake in Interpath's business.

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PEOPLE

Brief

Grosvenor Law Unveils White-Collar Practice With New Lead

By Eddie Beaver

Grosvenor Law revealed on Monday that it has appointed Chris Roberts as partner to spearhead its new white-collar crime and investigations team.

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EXPERT ANALYSIS

Digital Regulation In EU And UK: The Enduring 2025 Themes

With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

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Key Trends Shaping ESG And Sustainability Law In 2026

2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

Astraea Group Ltd.

Cloth Fair Chambers

Crowell & Moring

Flint Bishop

Kennedys Law LLP

Latham & Watkins

Lupton Fawcett

Mayer Brown

Milbank LLP

Morrison & Foerster

Norton Rose

Reynolds Porter

Schwartz White

Signature Litigation LLP

Simpson Thacher & Bartlett LLP

COMPANIES IN TODAY'S NEWS

BlackRock Inc.

Bridgepoint Advisers Ltd.

Caisse de Depot et placement du Quebec

Deutsche Bank AG

Enterprise Chambers

Glass Lewis & Co. LLC

Greensill Capital

H.I.G. Capital LLC

Institutional Shareholder Services Inc.

International Paper Co.

JBS USA Holdings Inc.

KPMG International

Levine Leichtman Capital Partners

London Stock Exchange Group PLC

Oakley Capital Ltd.

Odey Asset Management LLP

PricewaterhouseCoopers LLP

S&P Global Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition and Markets Authority

European Commission

European Parliament

European Securities and Markets Authority

European Union

Federal Trade Commission

Financial Conduct Authority

Information Commissioner's Office

National Crime Agency

New York Attorney General's Office

Ofcom

Serious Fraud Office

U.S. Court of Appeals for the Ninth Circuit

U.S. Customs and Border Protection

U.S. District Court for the Eastern District of Texas

U.S. Securities and Exchange Commission

UK Pensions Regulator

UK Upper Tribunal