The Financial Conduct Authority's proposed rewrite of mortgage rules within its consumer duty regime, designed to protect households from taking risky financial action, could lead home buyers to make poor decisions and expose them to misselling traps, according to legal experts.
The Financial Conduct Authority's proposed rewrite of mortgage rules within its consumer duty regime, designed to protect households from taking risky financial action, could lead home buyers to make poor decisions and expose them to misselling traps, according to legal experts.
The European Commission said Monday that it has approved Temu's plan to improve its risk assessments after it fined the online retailer €200 million ($224 million) in May over illegal products sold on its platform.
A property developer is seeking to overturn a judgment against him of almost $15 million, alleging that his former business partner's company used a fraudulent agreement bearing a signature in his name to persuade a court that he owed millions under a financing deal.
EasyJet has denied that it owes the Irish arm of a Russian aircraft lessor $72 million, telling a London court that it had to abandon six aircraft in light of U.K. and European Union sanctions.
A property investor urged London's Court of Appeal on Monday to overturn findings that he misrepresented costs in a London real estate joint venture, arguing that the trial judge applied the wrong legal test when deciding he owed fiduciary duties.
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