Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.
Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
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Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.
Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
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October 16, 2026
The Royal Bank of Scotland has hit back against a collapsed investment company's £73 million ($97 million) claim, denying it had any responsibility for allegedly allowing payments earmarked for solar farms to be misappropriated for the company's director.
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October 16, 2026
The buyer of a €101.8 million ($114.6 million) luxury yacht whose builder sought insolvency before finishing the project has sued an Allianz unit for €58.8 million after the insurer allegedly failed to pay out over construction guarantees.
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October 16, 2026
The U.K.'s Labour government is preparing to raise taxes on banks in the autumn budget, according to a newspaper report, including a possible hike to the bank levy.
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October 16, 2026
The past week in London has seen failed cryptocurrency platform BitMEX sue Celsius Network amid ongoing litigation between the companies, and an independent music producer lodge a claim against Universal Music over the 1993 Gabrielle hit single "Dreams."
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October 16, 2026
The Financial Conduct Authority committed to changing some of its rules for protecting consumers after industry backlash showed these were sometimes failing to hit the mark.
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October 16, 2026
The financial watchdog revoked Friday the lifetime bans on four traders whose convictions for rigging benchmark interest rates were overturned on appeal in landmark proceedings that unraveled prosecutions brought after the global financial crisis.
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October 16, 2026
Europe's banking regulator has classified the world's second-largest dollar stablecoin as the bloc's first "significant" e-money token, bringing the cryptocurrency's reserves, liquidity and redemption arrangements under closer supervision from Nov. 12.
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October 16, 2026
Financial services companies must complete technical preparations and begin testing, as two deadlines approach, to shorten securities settlements to one business day after trading, a European Union regulator said Friday.
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October 15, 2026
Germany's provision of a capital gains tax deferral only to companies with a German permanent establishment infringes on European Union rules concerning the free movement of capital, an adviser to the Court of Justice of the EU said Thursday.
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October 15, 2026
An English appeals court denied a U.K. marketing company's liquidators permission on Thursday to challenge a ruling that a Caribbean bank and its former CEO had not dishonestly assisted a £415 million ($550 million) tax fraud.
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October 15, 2026
A former cybersecurity executive at Deloitte has won another discrimination claim against the Big Four firm after a tribunal upheld her complaint that its delay in providing her disability support was unjustified.
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October 15, 2026
Actuarial consultant Lewis & Ellis Inc. has said it has acquired specialized insurance consultant Alan Gray from insurer Premia Holdings Ltd. to expand beyond its traditional actuarial consulting business and become a broader insurance services platform.
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October 15, 2026
New York's financial services regulator has ordered Sweden's largest bank to pay a $33 million fine to resolve findings of past anti-money laundering deficiencies at its Baltic subsidiaries that allegedly exposed U.S. banks to heightened financial crimes risk.
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October 15, 2026
The Financial Conduct Authority questioned in a report on Thursday whether contracts for difference providers offer clients fair value under its consumer duty regime.
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October 15, 2026
The European Securities and Markets Authority warned in a report published Thursday of a gulf in enforcement across the European Economic Area, after national regulators imposed fines totaling almost €82 million ($92 million) during 2025.
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October 15, 2026
EQT AB said Thursday that it has agreed to buy U.S. real estate investment manager Stockbridge for up to $550 million to expand its property sectors, investment products and client base in America.
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October 15, 2026
Financial institutions should strengthen governance, risk management and human oversight to harness the benefits of artificial intelligence while controlling its risks, a global standards setter said Thursday.
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October 15, 2026
Retail brokers are still failing to detect and report potential market abuse, raising the risk that suspicious trading will go unnoticed, the Financial Conduct Authority has said.
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October 14, 2026
European enforcers have approved Huggies maker Kimberly-Clark Corp.'s planned acquisition of Kenvue in a deal valuing the Tylenol parent company at $48.7 billion, conditioned on the sale of several feminine hygiene brands.
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October 14, 2026
A Swiss commodities trader and its Dutch owner argued in a London court Wednesday that the company should not be sanctioned for trading in Russian oil, saying the decision was irrational because it had only traded on international commodities markets.
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October 14, 2026
The Upper Tribunal's decision to delay hearings on legal challenges to the Financial Conduct Authority's motor finance redress program, in order to allow expert witnesses to give evidence and force the regulator to explain its calculations, ramps up uncertainty for lenders, lawyers warn.
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October 14, 2026
The U.K.'s Labour government should be wary of raising capital gains tax rates in its autumn budget given the risks for businesses and investment, a former adviser to Prime Minister Andy Burnham told a parliamentary committee Wednesday.
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October 14, 2026
Maslow Capital said Wednesday it has provided a £238 million ($313 million) loan to a joint venture to fund student accommodation and affordable housing in south London.
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October 14, 2026
A software engineer has sued BitMEX, alleging that the cryptocurrency exchange and trading platform founded by Reform UK donor Ben Delo sold him unlicensed crypto-derivatives, leading to losses of more than £10 million ($13.2 million).
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October 14, 2026
The U.K.'s financial regulators said Wednesday they have eased restrictions on mortgage lending, giving individual lenders room to offer larger loans relative to borrowers' incomes.