Financial Services UK Archive » January, 2024

Financial Services UK - January, 2024

236 articles

• FCA Warns Firms Against False Price, Trade Messaging
• FCA Tells MPs It Will Intervene On Cash Access Failings
• Property Biz Says Franchisor Hid Fraud Claims In £1.3M Feud
• Danish Lender Ringkjoebing To Launch $222M Share Buyback
• Eversheds, Clifford Chance, CMS Steer £400M Pension Deal
• How Decision On A Key Definition Affects SMEs
• Labour Won't Reinstate UK Bankers' Bonus Cap If Elected
• Justices Urged To Review Nix Of FCA Sanction Evasion Suit
• Woman Accused Of Laundering Proceeds From £5B Fraud
• EU Watchdog Warns Of Risks Posed By Alternative Funds
• IMF Warns UK Against Tax Cuts Amid Financial Strains
• Banking Giant BBVA To Launch €781M Shares Buyback
• Gov't Targets 'Reckless Prudence' In Pension Funding Regs
• WilmerHale Adds Int'l Financial Investigations Pro From DWF
• Regulator Takes Aim At Banks Delaying Fraud Repayment
• Watchdog Moves To Boost Solicitors' Sanctions Compliance
• What New Digital Sandbox Regs Hold In Store For UK Markets
• HSBC Fined £57.4M For Breaching Depositor Protection Rules
• HMRC Started Over 1,000 Serious Tax Probes In 2022-23
• McKinsey & Co. Beats Candidate's Discrimination Claims
• EU Member States Extend Sanctions Against Russia
• EU Watchdog To Limit Foreign Crypto Selling Into Bloc
• Pinsent Masons Hires Insurance M&A Pro From Royal London
• Business Insolvencies Rose 22% In 2023, Law Firm Says
• Why Investment In Battery Supply Chain Is Important For UK
• Brown Rudnick Hires Ex-SFO Prosecutor To Head Corp. Crime
• Moroccan Grain Tycoon Sees Jail Term For Hiding Assets Cut
• Pensions Watchdog's Head Of Frontline Regulation To Leave
• FCA Asks For Halt In WealthTek Case To Mull Fraud Charges
• Hospitality Businesses Get Mixed Result For COVID Payouts
• Crypto Cos. Say Experts Show Bitcoin 'Inventor' Forged Docs
• UK Litigation Roundup: Here's What You Missed In London
• FCA Updates On New Short-Selling Rules Coming Feb. 5
• UK To Sell Gold Bars To Repay Money From £17M Tax Fraud
• Insurers Voice More Criticism Over Gov't Pension Pot Plan
• Hogan Lovells Adds White & Case Dispute Duo To Paris Office
• Tory Peer 'Consents' To £75M Asset Freeze Amid NCA Probe
• Ex-BigLaw Atty Gets 10 Years For Laundering OneCoin Cash
• UniCredit Tries To Halt Impending €450M Judgment In Russia
• Banker Sacked Over Bullying Can't Blame Work Stress
• UK Tax Cuts Fiscally Risky, Think Tank Argues
• Fieldfisher Adds Arbitration Pro With Spanish Partner Hire
• Linklaters Hires M&A Dealmaker From HSF In Paris
• City Calls For Tighter Financial Regulation Of Big Tech
• Revolut Beats De-Banking Claim By Oligarch's Son-In-Law
• McKinsey Faces Disability Bias Claim From Job Candidate
• Pensions Watchdog Shakes Up Trustee Investment Guidance
• Consumer Rules Risk Blurring Line Between Advice And Guidance
• UK Digital Currency Will Include Privacy Protection, BoE Says
• MPs Quiz Treasury On Pension Superfund Legislation
• What Extending Corporate Liability Will Mean For Foreign Cos.
• Ex-Linklaters Partner Barred From Saudi Princess Fund Trial
• Bitcoin 'Inventor' Offers To Settle Claims Before UK Trials
• Trustee Bids To Trim Banker Partner's Defense To Villa Claim
• Consumer-Facing Tech Needs Even Approach, FCA Chief Says
• Dechert Ordered To Redo Disclosure Over UAE Prisoner
• Gov't Grants To Help Law Firms And Auditors Export Services
• UK Billionaire Joe Lewis Pleads Guilty To Insider Trading
• Criticism Of 'Surprising' Gov't One-Pot Pension Proposal Grows
• Swiss Finance Watchdog Names ECB Exec Walter As New CEO
• Ashurst Adds M&A Pro From Baker McKenzie In Luxembourg
• Cities Prepare To Make Pitch To Host EU's New AML Center
• JPMorgan Trusts To Merge To Create Larger £2.3B Fund
• UK Inheritance Tax Revenues Rise Amid Speculation Of Cuts
• Adler Group Restructuring Rejected Over Creditor Treatment
• NFT Auction House Fights Art Collector's Liability Claim
• Oligarchs May Be Exploiting Art Facilities To Dodge Sanctions
• Questions Linger Over Plan To Ease Litigation-Funding Limits
• Pinsent Masons Pro To Head Clients And Markets Group
• Gov't Warned Lifetime Pension Proposal Is 'Major Distraction'
• A Consequential Moment For Sanctions Activity
• ECJ Ruling Triggers Reconsiderations Of Using AI In Hiring
• UK Biz Registry Rules Tighten Against Economic Crime
• Developer Can't Fight £226M Fraud Conviction At Top Court
• Banker Sacked Over Bullying Claims He 'Just Snapped'
• MoFo Adds Sanctions Expert From Deutsche Bank As Partner
• Broker Predicts UK Pension Deal Market Will Hit £80B In 2024
• Brothers Accuse Businessmen Of Fraud In £315K Forex Row
• EU Working On New Sanctions Package Against Russia
• Man Charged With Fraud Over £19M Investment Scheme
• Accounting Watchdog Revises Rules In Bid To Boost Growth
• Investment Fraud Gang Sentenced For £1M Ponzi Scheme
• Economic Crime Act Offers Welcome Reform To AML Regime
• 3 Financial Services Hot Topics To Watch In 2024
• Travelodge Settles £6.2M Claim Over Hotel Fire Safety Defects
• Credit Agricole Takes 7% Stake In Worldline Payments Biz
• Ex-BigLaw Atty Seeks 5 Years In OneCoin Case, Feds Urge 17
• BoE, FCA Brought Into MPs' Probe Of Fujitsu Gov't Contracts
• UK Hits Back At Bid To Toss Sanctions And Yacht Seizure
• What Venice Swaps Ruling Says About Foreign Law Disputes
• UK Litigation Roundup: Here's What You Missed In London
• EU Watchdog Proposes Stablecoin Guidance For Crypto Rules
• FCA Able To Insist On Office Work In Manager's Claim
• Pension Surplus Rules Could Bring Change For Deals Market
• Goodwin Hires Private Funds Pro From Debevoise
• Treasury To Meet Banks On LSE Performance Hurting Growth
• Forex Trader Denies Connection To Nigerian Transaction
• Finance Firm Hit With Fine For Spam Texts Offering Debt Help
• Key Litigation Funding Rulings Will Drive Reform In 2024
• How Draft Trading Regs Provide Framework For UK Regime
• SFO Charges Two In £88M Car Leasing Scheme
• UK Gov't Urged To Promote Stocks To Halt Listings Exodus
• Breaking Down The New Rules For High Net Worth Individuals
• Analyst In Zoom Call Exposure Case Beats Evidence Appeal
• Russian Oligarch Says Mega-Yacht Seizure Was Media Stunt
• Advisers See Rising Demand After Pension Tax Reforms
• EU Sets Stricter AML Regulations, Includes Crypto-Assets
• Pensions Body Warns UK Gov't Over 'Pot For Life' Reforms
• How Data Privacy Law Cases Are Evolving In UK, EU And US
• Private Equity Partner Brozyniak Joins Stephenson Harwood
• Life Insurers Likely To Pass On Interest, Fitch Says
• Squire Patton Hires PE Tax Pro From Osborne Clarke
• Misleading Airline Ads Offer Lessons To Avoid Greenwashing
• Ex-HSBC Exec Tells Judge Ciminelli Voids Fraud Conviction
• Pension Scheme Trustees To Pay £35K After £14M Fraud
• Ex-Forex Trader's Doc-Hiding Claim Against Lloyds Tossed
• Businessman Battles To Keep Revolut De-Banking Claim Alive
• A&O, Milbank Guide $5B Swedish Battery Maker Loan Deal
• FCA Probes Banks, Insurers For Non-Financial Misconduct
• Ashurst Hires Veteran Dealmaker As Partner
• Private Prosecutions On Trial After Post Office Scandal
• Ministers Pushed Foreign Office For Sanctions, Tycoon Says
• HM Treasury Floats Tax Changes For Alternative Finance
• EU Banking Watchdog Sets Out AML Rules For Crypto Firms
• Average Pension Transfer Time Climbs 17% In 3 Years
• Ex-Forex Trader Accuses Lloyds Of Withholding Evidence
• Mastercard Accused Of Hiding Swipe Fees In Limitation Row
• Solicitor Loses Whistleblowing Case Over CMS Conflict Claim
• An Overview Of UK Short Selling Regulation Reforms
• FCA Warns Crowdfunding Firms To Follow Finance Ad Rules
• Revolut Denies Wrongdoing In Allianz Travel Insurance Deal
• Panmure, Liberum Deal To Form Biggest UK Investment Bank
• Gowling Adds Financial Services Pro From Pinsent Masons
• Ropes & Gray Adds Partner To London Private Equity Practice
• FCA Sets Up Sustainability Group For Financial Advisers
• RBC Targets March 28 Close For $10B HSBC Canada Deal
• UK Fund-Makers Potentially Off Hook For Rule Breaches
• Cyber-Expert Says BoE Took Advantage Of His 'Desperation'
• Finance Watchdog Revises Ethical Standard For Auditors
• Mayer Brown Hires Tax Pro From Greenberg Traurig
• Nigerian Banker Denies Taking Bribes From Energy Magnate
• Police Charge Man Over Foiled Plot To Disrupt LSE Opening
• Supreme Court Ruling Is A Gift To Insolvency Practitioners
• What Can Be Learned From Adobe-Figma Merger Termination
• CoinShares Buying Valkyrie After SEC's Approval Of ETFs
• Barclays VP Loses Reinstatement Bid In Whistleblowing Claim
• Payments Watchdog To Tighten Rules For Card Service Firms
• MPs To Quiz Gov't, Regulator Chiefs In City Sexism Probe
• UK Litigation Roundup: Here's What You Missed In London
• Two More Members Of £100M Money Laundering Ring Jailed
• Europol Nets Suspect In €1.8M Crypto-Mining Scheme
• London IPO Proceeds Fell 40% In '23 As New Listings Plunged
• How FCA Listing Regime Reform Proposals Are Developing
• Major EU AI Banking Ruling Will Reverberate Across Sectors
• DWF Expands In Dubai With Finance And Restructuring Partner
• Payment Co. Settles £5.1M Fraud Risk Report Case
• Treasury Plans Way To Make Sector Fund Small Bank Rescues
• Ex-Wyelands Bank CEO Fined £119K Over Compliance Breaches
• Watchdogs Consider Lowering Levy Cap For Lifeboat Fund
• Ex-Exec Must Pay IT Biz £20K After Losing Sham Firing Claim
• £110M G4S Shareholder Group Action Ends Ahead Of Trial
• EU Financial Watchdogs Investigating AI Pre-Trade Controls
• SFO Claws Back £220K From 'Wolf Of Wimbledon' Fraudster
• Cyber Expert Can't Ax BoE Defense To Whistleblowing Claim
• FCA Probing Car Financing Firms For Misconduct
• Key Points From Ireland's New Accountability Framework
• CMS Hires Clifford Chance Disputes Pro In Dubai
• Linklaters Guides Reuters On $627M Payments Co. Buy-Up
• Al Habtoor Hits Lebanon With $1B Dispute As War Fears Loom
• Ex-HSBC Banker Says Boss Was 'Hangman' In Software Row
• Pensions Watchdog Staff Resume Strike Action Over Pay
• Lloyds Worker Fired For Using Racial Slur Wins £470K
• Wife Of Jailed Turkish Politician Seeks £8M Lost From Bank
• Gov't, Finance Chiefs Discuss Accelerating Listing Process
• FCA Warns Adviser After 'Reckless' Pensions Advice
• Dubai Brokerage Beats Manager's Claim For Worker Status
• New Pensions Funding Code Will Allow 'Productive Finance'
• UK Pensioners Missing Out On State Benefits, Survey Finds
• Norton Rose Fulbright Loses Insolvency Pro To Mishcon De Reya
• Glencore Denies Hiding Bribery Scheme From Investors
• UK Crypto-Asset Owners Warned To Pay Tax Or Face Fines
• Signature Signs Up Arbitration Pro From Dechert In Paris
• Technology And AI: 2024's Legal And Regulatory Landscape
• Pensions Minister Faces Possible Parliamentary Probe
• William Fry To Help Irish Gov't Sell Another AIB Stake
• Credit Suisse Seeks €276K Refund From Spanish Province
• FRC Says It Won't Be Deterred By Delay To Audit Reform
• DWP Fights Off Age Bias Claim After Sodexo Transfer
• London Crypto Biz Raises £7.8M In Equity
• EU Finance Watchdogs Float Plans For New Data Portal
• Pension Surpluses Slip £28B On Rising Liabilities
• UK Gov't Pressed To Call Emergency Meeting On LSE Exits
• Actuaries To Study Growing Role Of AI In Pensions
• US And UK Law Firms Continue Trend Of EU Expansion
• A Look At 2023's Landmark Insolvency Developments
• Russian-Owned Bank Nationalized By Ukraine Seeks $1B
• UK Litigation Roundup: Here's What You Missed In London
• Veteran Skadden White Collar Pro Calls It Quits
• Drinks Maker Wins Chinese Bank Claim Over Missing £20M
• Arter Appointed Interim Pension Ombudsman Chairman
• 5 Questions For Sidley Partner Leonard Ng
• Linklaters, Goodwin-Led Group Bids $311M For Swedish IT Biz
• White & Case Hires Capital Markets Pro From Allen & Overy
• Pension Industry Should Monitor Evolving ESG Issues In 2024
• Accountant Sued By Wine Biz For £5M Over Audit Failings
• Ex-Pension Trustee Avoids Prison Over Illegal Loans
• Banking Lawyer Returns To Offshore Firm Carey Olsen
• National Insurance Tax Cut Arrives Amid Hopes For More
• Law Firm Fights Negligence Suit Over Alleged Ponzi Scheme
• IT Co. Owners Sued For Not Revealing Client Exits Before Sale
• Insurers Fear UK Can't Maintain Leading Global Market Status
• Sidley Leads PE Biz On £450M Investment In UK Motor Insurer
• Attwells Denies Liability For ID Of Mystery Property Borrower
• Audit Watchdog Launches Probe Into Bankrupt Local Council
• Insurer Bids To Duck Cover, Claiming Money Manager Misled It
• Investor Sues Medical Tech CEO For Deceit Over $20M Deal
• ECB Sets Out First Cyber Stress Test For Banks
• PE Biz BP Marsh Takes 30% Stake In Underwriter
• Gen X Caught Between Paying Off Mortgages And Saving
• What 2024 Has In Store For White Collar Crime Enforcement
• EU Sanctions Target Russian Diamond-Mine Giant, Chief Exec
• Emerging Trends From A Busy Climate Litigation Year
• Diamond Tycoon Hits Back At 'Absurd' $1B Fraud Allegations
• Freshfields, Ashurst Steer £265M Sale Of UK Heating Network
• Tax Cuts Expected In March 6 Budget, Early Election Mooted
• Brokerage Fired Director For Blowing Whistle On Chinese Spy
• Gowling Partner's Whistleblowing Claims Barred By Privilege
• Financial Watchdog Issued £52.8M In Fines In 2023
• New EU Chair Eyes Accord On Withholding Refund, VAT Laws
• EU Launches Cross-Border VAT Fraud Rules
• Top UK Trials To Look Out For In 2024
• Biggest UK Corporate Crime Cases To Watch In 2024
• Pensions & Insurance Trends To Watch For In 2024
• PE Market Poised To 'Unclog' In 2024, Hopeful Attorneys Say
• Deal Reforms To Set In As Markets Begin Reopening In 2024
• Finance Watchdog To Showcase Consumer Protection In 2024