The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
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The Financial Conduct Authority is putting senior managers of banks at a potentially higher risk of enforcement action after a tribunal forced it to partially suspend its motor finance compensation program, lawyers warn.
The government's growing use of sanctions to disrupt criminals targeting Britain is creating more work for white-collar lawyers, even if they object that the heavy-handed foreign policy tool flouts the rule of law.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
The decision by a British bank to voluntarily pay £31.7 million ($42 million) to consumers and avoid a full investigation by the finance watchdog is part of a growing strategy to resolve cases of market misconduct more quickly, lawyers say.
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July 16, 2026
In a published opinion Thursday, the Second Circuit affirmed the dismissal of a $372 million bondholder suit against Switzerland over the 2023 collapse of Credit Suisse AG and the reduction in value of $17.3 billion of debt securities, agreeing with a New York judge that the country is immune from being sued in U.S. district court.
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July 16, 2026
HM Revenue & Customs is seeking input on changing some of the definitions of terms in the U.K.'s bank levy legislation because of changes to the provisions they reference, according to a consultation launched Thursday.
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July 16, 2026
The Financial Conduct Authority said Thursday that it had 170 misleading adverts for car finance compensation claims removed or changed by claims management companies in a single month, bringing the total to 1,200 since January 2024.
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July 16, 2026
The U.K. government should develop a clearer national framework for measuring retirement adequacy to ensure the pension system is guaranteeing savers have enough money to live well in later life, an influential trade body has said.
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July 16, 2026
The Office of the Complaints Commissioner has said in its annual report that it reviewed more than 50% more complaints about the Financial Conduct Authority in 2025-26 than in the previous year, particularly those about the British Steel Pension Scheme.
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July 16, 2026
Outsourcing giant Capita urged a London court on Thursday to trim the claims of almost 4,000 individuals who say the company owes them up to £5 million ($6.75 million) over a cyberattack, arguing that claims for aggravated and exemplary damages are not supported by evidence.
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July 16, 2026
The government announced sanctions on Thursday designed to target Sudan's illicit gold trade, procurement networks and the financial facilitators suspected of helping sustain the country's civil war.
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July 16, 2026
Pension Insurance Corporation PLC has taken on full responsibility for all 36,000 members of the Rolls-Royce UK Pension Fund, just nine months after signing a £4.3 billion ($5.8 billion) deal with the British aerospace and defense giant.
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July 16, 2026
The number of U.K. pensioners paying income tax has risen by three million in the five years since earning thresholds were frozen, government figures have revealed.
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July 15, 2026
LDC (Managers) Ltd. has invested in law firm Brady Solicitors, based in central England, backing its expansion plans as private equity investors continue to explore opportunities in the U.K. legal sector.
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July 15, 2026
A London judge refused Wednesday to allow an investment fund to join litigation over frozen bank accounts allegedly containing the proceeds of a €45 million ($51 million) fraud the fund says it suffered.
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July 15, 2026
The ruling by the U.K. Supreme Court on the bounds of a director's duty to act in "good faith" makes it clear that honesty is the best policy, even if directors are at odds over what they think is best for their company, lawyers say.
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July 15, 2026
Britain's retirement savings watchdog has said its work over the next five years will be driven by raising governance standards and ensuring value for money, while it seeks to improve sustainable outcomes for people at retirement.
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July 15, 2026
The Bank of England and the government have released proposals to ease rules on ring-fenced banking, which would free up retail banks to lend more money and share services so far restricted to the investment banking side.
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July 15, 2026
A Saudi investor urged an appeals court Wednesday to revive its $5 million claim over an unpaid loan agreement, arguing that a London judge wrongly held the case was time-barred by applying too strict a test for what constituted an acknowledgment of the claim.
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July 15, 2026
The U.K. should start working now on major legal and public policy changes to account for the rising number of consumers using chatbots for financial advice, the governor of the Bank of England has warned.
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July 15, 2026
The U.K. government should scrap the "unusually generous" triple-lock pension policy to reduce fiscal uncertainty in Britain, the Organisation for Economic Co-operation and Development said Wednesday.
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July 14, 2026
The U.K.'s insurance regulators proposed Tuesday a new regulatory regime for the captive insurance market to support economic growth.
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July 14, 2026
Investors suing Boohoo Group PLC for more than £245 million ($328 million) argued Tuesday they should be able to use expert evidence during a preliminary trial of claims that the fast-fashion retailer made misleading statements about its use of sweatshops.
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July 14, 2026
The Financial Conduct Authority said Tuesday that its board has appointed former Macfarlanes LLP lawyer Dan Lavender to its committee that ensures contested enforcement decisions are made fairly.
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July 14, 2026
The government began a "landmark" project on Tuesday with the financial services sector, designed to future-proof the industry for skills needed in the coming years, amid concerns over the "unprecedented disruption" posed by artificial intelligence.
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July 14, 2026
The Treasury's champion of wholesale digital markets, Chris Woolard, has set out for Chancellor Rachel Reeves a 12-month plan to get companies, regulators and the government to develop online assets in wholesale financial markets.
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July 14, 2026
The nation's largest pension schemes have £5.3 billion ($7 billion) invested in U.K. unlisted markets, according to data published by the sector's regulator, as the government pushes ahead with its megafund reforms.
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July 14, 2026
A director who covertly sabotaged his board's strategy to sell a business breached his statutory duty to act in good faith, Britain's top court ruled Tuesday, holding that his belief that he was acting in the company's long-term interests did not excuse his conduct.
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July 13, 2026
Portofino Technologies has accused Citadel Securities of using its decision to drop its trade secrets lawsuit against the Swiss cryptocurrency trading firm as an opportunity to drum up bad press about Portofino, and papering over the fact that an $8 million judgment it won in the dispute is a "pyrrhic victory."