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  Trump Sues BBC For $10B Over Editing Of Speech In Doc

  By Rae Ann Varona

  President Donald Trump on Monday sued the BBC in Miami federal court, saying the broadcasting company owes him $...(read more)

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  FCA Prioritizes Consumer Protection In Planned Crypto Rules

  By Alex Davidson

  The Financial Conduct Authority proposed Tuesday to sweep in a tough new set of rules to protect consumers who t...(read more)

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• EU Resolution Board Sets 2029 Bank Valuation Deadline

  By Tom Fish

  Banks in the eurozone should improve the valuation of their assets and liabilities by 2029 to strengthen the arsenals of auditors and avert potential crises, the Single Resolution Board said Tuesday.

• Winston, Taylor Eye Spring Launch For $1.75B Merged Firm

  By Marialuisa Taddia

  Taylor Wessing said Monday it has agreed to merge with U.S. firm Winston & Strawn to form a new transatlantic business with an estimated turnover of $1.75 billion.

• Nationwide's £44M AML Fine Signals FCA's 'Hard Line' Stance

  By Alex Davidson

  The Financial Conduct Authority's fine of £44 million ($58 million) imposed on Nationwide Building Society for failings in anti-money laundering controls has sent a warning to Britain's largest financial institutions that size and reputation are no protection from the rules, lawyers have said.

• Sanofi Loses Patent Fight For Novel Cancer Drug At UPC

  By Hanna Vioque

  A group of generic drugmakers have persuaded the Unified Patent Court to nix a Sanofi patent that protects its blockbuster drug for prostate cancer, Jevtana. 

• Axiom Ince Administrators File Negligence Claim Against SRA

  By Joanne Faulkner

  The administrators of Axiom Ince have lodged a professional negligence claim against the Solicitors Regulation Authority, two years after the failed law firm was shut down when almost £65 million ($86 million) of its clients' money went missing. 

• Aga Beats TM Infringement Appeal From Oven Conversion Biz

  By Jamie Lennox

  A London appeals court upheld Aga's trademark infringement victory against an aftermarket modification company on Monday, ruling that its "eControl Aga" conversion kits hinted at a link with the original manufacturer.

• Art Collector Says £14.5M Picasso Bid Voided By Crime Links

  By William Janes

  An art collector's business has hit back at Christie's in a dispute over a Picasso painting owned by a drug trafficker, denying the auction house's accusation that it has unlawfully refused to fulfill its £14.5 million ($19.4 million) bid for the artwork.

• FCA Sets Out To 'Rebalance Risks' Of UK Mortgage Market

  By Tom Fish

  The Financial Conduct Authority outlined a long-term plan on Monday to update mortgage regulation to increase homeownership in the U.K. by shifting risks away from borrowers and slashing conservative lending rules.

• EY Investigated By FRC Over Audit Of Shell Financial Reports

  By Tom Fish

  The accounting watchdog said Monday that it is investigating EY's audit of Shell PLC's financial statements for 2024 after the Big Four firm disclosed that it might have breached critical ethical standards governing an auditor's independence and rotation of partners.

• Microsoft Says £2B Class Action Fails To ID Viable Legal Test

  By Ronan Barnard

  Microsoft said at a London antitrust tribunal on Friday that a claim potentially worth £2.1 billion ($2.8 billion) should not be given clearance to continue, arguing the competition lawyer proposing to bring it had not identified a route for it to go to trial.

• FCA Floats Pension Transfer Overhaul For Better Outcomes

  By Martin Croucher

  The Financial Conduct Authority has proposed rules that will allow pension providers to create new online planning tools for customers considering a savings transfer.

• FCA Misconduct Update Still Leaves Firms 'In The Dark'

  By Adele Redmond

  Clarity from the Financial Conduct Authority on the limits of its powers to tackle bullying and harassment will come as a relief to professionals — but lawyers have warned that non-banking companies must now join lenders to broaden staff training, revisit conduct policies and strengthen whistleblowing protocols.