Financial Services UK Archive » March, 2025

Financial Services UK - March, 2025

174 articles

• Billions On The Line As Justices Weigh Motor Finance Appeal
• 'Still Early Days': A Litigation Funder Stays Optimistic
• Bank Says Caribbean Decision Blocks £415M VAT Fraud Case
• Trade Body Seeks Consumer Duty Slack For Wholesale Banks
• Lloyds Bank Covers £5.1B Pension Liabilities With Rothesay
• BoE Proposes Raising Deposit Protection Scheme Limit
• Akin Appoints White & Case Lawyer For Middle East Boost
• VistaJet Escapes VC Fund's Claim Over Investment Deal
• UK Litigation Roundup: Here's What You Missed In London
• 'We Didn't Have A Precedent': Lawyers Test New Regime
• Santander Whistleblower Cannot Add FCA Info To Claim
• Wealth Manager Beats €50M Investment Fraud Case
• BoE Proposes To Adjust Capital Buffer For Certain Big Banks
• UK Pensions Watchdog Pledges To Cut Red Tape
• FCA Tests 'Targeted Support' Model With 12 Finance Firms
• Citibank Settles Ex-Exec's Maternity Discrimination Claims
• 'A Challenge We Have To Rise To': Class Reps Take The Stage
• Hayes Thought Libor Submissions Were Legal, Lawyer Argues
• 6 Insurers Penned £5B-Plus In Pension Deals In 'Record' 2024
• Russian Pol's Wife Says Sanctions Breach Allegation 'Fantasy'
• Former Barclays Exec Fights For £3.5M Deferred Bonus
• RPC-Led Stock Market Tracker To Delist From AIM
• InvestAcc Group To Buy AJ Bell Pension Unit For £25M
• UK Aims To Boost Competitiveness With Derivative Rule Cuts
• What Latest FCA Portfolio Letter Means For Payments Firms
• Warehouse REIT Leans Toward Blackstone's £489M Offer
• 5 Questions For Norton Rose's Global Head Of Corporate
• UK Accounting Firms Warned On Capital Restructuring
• Russian Pol's Wife Denies Knowingly Breaching UK Sanctions
• SFO Defends Traders' Rate-Rigging Convictions, Citing Rules
• WeRealize Denies JPMorgan's Breach Claim In JV Dispute
• Gov't Expands UK Fraud Strategy With Focus on Scammers
• ECB Guide Targets Harmonized Cyber Testing Approach
• Major Banks Lose Challenge To EU Bond Cartel Ruling
• Most DC Savers In Plans With 'Productive Asset' Investment
• Ex-Wife Of UK Activist Barred Over £319K Tax Debt
• Santander Defeats Claim Over £415K Paid To Scammers
• Briton Bids To Overturn 'Unlawful' Bribery Extradition Request
• Traders Fight To Overturn 'Unsafe' Rate-Rigging Convictions
• Ex-Private Equity Exec Denies Data Theft, Alleges Misconduct
• StanChart Loses Bid To Ax £762M From Iran Sanctions Claim
• FCA Issues Regulatory Reform Plan To Promote UK Growth
• FCA Boss Presses Pro-Reform MPs For Clarity On Risk
• PwC Fined £2.9M For Audit Of Steel Mogul's Wyelands Bank
• McDermott Hires Skadden Partner To Lead London Tax Office
• Caribbean Bank, CEO Accused Of Helping In £415M VAT Fraud
• Hayes Appeal Set To Test Theory Of Rate-Rigging Convictions
• BoE Tasks 7 Largest Banks With Testing UK's Resilience
• EU To Ease Financial Benchmark Rules For Administrators
• Oligarch's Charity Seeks Barclays Docs In $50M Transfer Fight
• Schroders Wins £740M Pension Management Contract
• Mastercard Seeks To Limit Swipe Fee Damages Bill
• Informal Money Transfers Launder £2B Annually, HMRC Warns
• Former BNP Paribas Solicitor Fined Over Offensive Nicknames
• Reading FC Owner Fails To Release Unreturned Loan Security
• UK Litigation Roundup: Here's What You Missed In London
• FRC Rewrites Guidance To Reflect Reduced Reporting Rules
• IT Manager Claims FCA Fired Him For Blowing Whistle On FOI
• UK Sanctions Update Shows £25B In Frozen Russian Assets
• Cahill Gordon Adds Euro Crypto Pro To London Office
• Prospects For New Fraud Prevention Prosecution Look Slim
• Sidhu Ban Shows Tougher Takes On Sexual Misconduct
• Prudential's £9.3M Fees To Silverfleet Taxable, HMRC Argues
• Audit Watchdog Pledges Support For Gov't Growth Priority
• PE Firm Says Ex-Exec Stole Data, Poached Staff And Clients
• What's Next After FCA Drops Troubled 'Name And Shame' Plan
• MPs Urged To Block FCA Email Deletion Policy
• Gov't Growth Priority Forces FCA To Reassess Consumer Risk
• Metal Exchange Fined £9.2M For Failures In 2022 Nickel Spike
• Herbert Smith Fined £465K For Violating Russia Sanctions
• Group Status Prohibits VAT, Prudential Tells UK Top Court
• UK Regulator OKs Aegon Unit's First Long-Term Asset Fund
• Reed Smith-Led Miami Bids £70M For European Stock Market
• Swiss Bank Accused Of Ignoring $1B Kuwaiti Bribery Scheme
• Justices Uphold Profit-Stripping Order Against Ex-Employees
• UK's AIM Market Appears Ripe For Overhaul To Attract Listings
• Citi, HSBC Ink $12M Deal To End UK Bond Price-Fixing Suit
• ApeCoin Biz's Trademark Pared Back In Battle With Retailer
• Minister Defends Rejection Of Pension Redress For Women
• Watchdog Probes MHA's Audit Of Failed UK Builder ISG
• Ex-Kebab Biz Owner Sues Accountants Over Share Deal Fraud
• Treasury Meets Fintech Bosses On Growth, Scrapping Rules
• Companies House Opens Up For Corporate Service Providers
• Employers Not Off The Hook After DEI Rollback, Lawyers Warn
• Kuwait Pension Fund Says Director Ran $1B Bribery Scheme
• 6 Bombshell Moments From Staley's Bid To Clear His Name
• Government Wants Pension Watchdog To Cut Red Tape
• UK To Launch Measures To Speed Up Firms' Approval Process
• UK Refusal Of US Extradition Request May Set New Standard
• FCA Fines, Bans Odey For Obstructing Misconduct Probe
• Investor Sues VC Fund For £2M Bond Mismanagement
• Entrepreneur Loses Appeal Over £14M Barclays Asset Freeze
• FCA Floats Raising Contactless Payment Limit For UK Growth
• UK Litigation Roundup: Here's What You Missed In London
• Alleged Putin Ally Faces Landmark Sanctions Evasion Trial
• Insights On ESMA's Alternative Investment Fund Consultation
• Greek Firms Steer Bank's €600M Insurer Stake Buy From CVC
• ECB Greenlights UniCredit To Take 29.9% In Commerzbank
• Phoenix Group Sued By Ex-CEO Over Short Pay
• Staley Denies Using Daughter As Intermediary With Epstein
• Prosecutors Charge NCA Officer Over Stolen Bitcoin
• MPs To Debate Women State Pension Redress Petition
• Watchdog Launches Probe Into EY Audit Of High-Profile Biz
• Barclays Accuses Former Exec Of Breaching Retirement Deal
• Gov't Urged To Reform Rules To Unlock Pension Surpluses
• How UK Supreme Court May Assess Russia Sanctions Cases
• FCA Charges 5th Person In £3.9M Water Investment Fraud
• Gov't Confirms Date For Local Gov't Pension 'Megafunds'
• Regulatory Rollback Gathers Pace As Programs Axed
• Gold Mining Co. Must Pay Adviser $2M For Merger Work
• Pierson Ferdinand Hires Former Magistrate From Walkers
• HMRC To Reward Whistleblowers Who Expose Tax Fraud
• FCA Drops Plan To 'Name And Shame' Firms It Investigates
• Gov't To Scrap UK Payments Watchdog To Boost Growth
• UK Watchdogs Drop Diversity And Inclusion Regulation Plans
• L&G Launches £500M Buyback, Reports 6% Rise In Profits
• AXA Says Santander Was In 'Driving Seat' In £670M PPI Trial
• Over-50s Regret Not Taking Pension Seriously, Study Shows
• Staley Denies Knowledge Of Epstein's 'Monstrous Activities'
• UK Regulators Seek AI Guidance From Industry
• FCA Mulls Customer Redress For Motor Finance Failings
• Brokers Fail To Address Liquidity Risks, City Watchdog Finds
• New UK Order Offers Welcome Clarity To Crypto Staking Rules
• Nationwide To Pay £600M In Rewards After Virgin Money Deal
• Barclays' Jes Staley Was 'Honest' With FCA Over Epstein Ties
• Addleshaw Wins Bankruptcy Order Against Former LC&F Boss
• German Election Raises Doubts About Pillar 2 From Tax Pros
• Eversheds Guides Canada Life £361M Pension Scheme Deal
• FCA Finds Firms Prioritizing Sales Over Consumer Outcomes
• How EU's Anticoercion Tool May Counter New US Tariffs
• FRC Launches Tool To Boost Access To Company Data
• Aviva Finalizes £4.8M Buy-Out For Defunct Fruit Distributor
• FCA Can Reject Criticism Of Redress For Misselling Scandal
• UK Litigation Roundup: Here's What You Missed In London
• Four Men Imprisoned For 43 Yrs For Money Laundering Plot
• EU Regulator Eyes Harmonized AML Enforcement
• Barclays Asked Andrew Bailey To Speed Up Staley Probe
• Xeinadin Settles £1M Claim Against Ex-Director Over Poaching
• Fintech Unable To Hike $28M Claim Against Tanzanian Bank
• EU Fund Managers Push For More Competitive Regulations
• FCA Awaits Gov't Answer To City Consumer Duty Pushback
• FCA Finds Most Firms Fail To Service Vulnerable Customers
• Ex-Credit Suisse Banker Avoids Prison In 'Tuna Bond' Fraud
• Barclays GC Helped Staley Respond To Epstein Controversy
• UK Authorities Clear Amex GBT's $570M CWT Buy
• First 3 Firms Connect To UK Gov't Pension 'Dashboard'
• Visa, Mastercard Face UK Regulatory Action Over Fees
• Slaughter & May-Led L&G Seals £505M Inchcape Pension Deal
• Russian Billionaire Loses Fight To Lift EU Sanctions
• Former Crypto Exec Can't Sue Bulgarian Biz In England
• McCann FitzGerald Guides AIB On Planned €1.2B Buyback
• BoE Proposes Easier Capital Rules For Smaller Banks
• Quilter PLC Sets Aside £76M For Redress Amid FCA Review
• FCA Says Private Markets Must Identify Conflicts Better
• PCB Byrne Adds Civil Litigation Pro In London
• Cinema Chain Says Landlord Overcharged For Premiums
• Trader Denies Unlawful 'Team Move' That Energy Co. Alleged
• Pension Schemes Post Record-Breaking Consolidation
• Barclays Official Kept In Dark About Staley's Email To Epstein
• BNY Tries To Escape £93M Nationwide, A&O Negligence Case
• UK Financial Ombudsman Reports Jump In Complaints
• New Pension Standards Need Improvement, Trade Body Says
• FCA Bans Ex-Credit Suisse Execs Linked To 'Tuna Bond' Case
• Verdane Ends £315M Offer Talks For Team Internet
• Socialite Acquitted Over £200M Money Laundering Plot
• Investor To Pay £2M For 'Unashamed' Software Copying
• UK Pensions Watchdog Calls For Improved Scheme Data
• Brookfield Launches In UK To Tap Pension Buyout Demand
• Ex-Barclays Trader Loses Fight To Redo Sexism Payout Fight
• Moving Shares Amid Fraud Claim Was Valid, Ex-Director Says
• AXA Launches €1.2B Share Buyback After Profit Gain
• Pension Insurer Utmost Appoints Schroders For £400M Book
• Investec Bank Demands Pair Of Businessmen Pay £22M Debt
• Ex-Barclays CEO Banned For Lies, Not Epstein Ties, FCA Says