The Financial Conduct Authority will seek to make fewer new rules on the sectors it regulates, its chief executive has said, amid political pressure on the watchdog to do more to support U.K. economic growth.
The Financial Conduct Authority will seek to make fewer new rules on the sectors it regulates, its chief executive has said, amid political pressure on the watchdog to do more to support U.K. economic growth.
Sports betting company Spreadex urged the Competition Appeal Tribunal on Thursday to quash an order forcing it to sell a business it acquired in 2023, saying it was wrong to find that the merger would threaten competition.
The Court of Appeal overturned on Thursday a 20-month prison sentence for a former Commerzbank AG analyst who lied about having been sexually harassed and assaulted by a colleague.
The Payment Systems Regulator revealed Thursday that it has fined Bank of Ireland UK PLC more than £3.7 million ($5 million) for missing a deadline by 14 months to put in place an account name-checking service to combat the risk of fraud.
Sanctioned Russian-Israeli banker Mikhail Fridman was not validly served at his London mansion with a claim in an $11 million battle over a loan notes investment because he was banned from the U.K., a London appeals court ruled Thursday.
A London appeals court ruled Thursday that data stolen in a cyberattack on electronics retailer Currys was personal data because Currys could identify the data subjects even if the hackers could not.
A tribunal has refused interim relief to the former owner of a payment services company, finding that his claim he was dismissed for blowing the whistle on breaches of Financial Conduct Authority regulations is not likely to succeed at this stage of the litigation.
The European Union markets watchdog proposed Thursday to simplify guidelines on delaying disclosure of inside information under the market abuse regime, in order to reduce the burden for companies listing on stock exchanges.
