5/30/2025 12:20:44 PM Responsible Openness Revisited: The PRA's Evolving Framework for International Bank Supervision By Michael Raffan Tricia Moffat Michael Byarugaba On 20 May 2025, the Prudential Regulation Authority (PRA) published a Policy Statement (PS6/25) and updated Supervisory Statement...
5/30/2025 11:03:33 AM Increasing UK Pension Scheme Investments in Private Markets -opportunities and challenges for private capital providers By Andrew Murphy Gareth Davies Jane Wolstenholme Antonio Laino +1 more... Show less In early May 2025 the Mansion House II Accord (the Accord) revealed that seventeen of the largest workplace pension providers in the UK...
5/29/2025 1:08:02 PM German court denies Russian arbitral award recognition on the basis of EU sanctions By Clemens Treichl Carsten Wendler Eric Leikin Hager Sameh +1 more... Show less Russia’s measures against so-called “unfriendly states” and consecutive sanctions packages from the EU, amongst others, have led to the...
5/28/2025 1:36:41 PM In case you missed it – the reporting requirements for PLC directors’ remuneration have changed By Alice Greenwell David Mendel Helena de Guise Earlier this year the Government published the draft Companies (Directors' Remuneration and Audit) (Amendment) Regulations 2025 (the...
5/28/2025 12:24:24 PM The PRA’s updated supervisory expectations for managing climate-related risks: what this means for banks and insurers By Michael Raffan Elisabeth Overland Emily Smith Christopher Bernard Michael Byarugaba +2 more... Show less For a long time, both the PRA and FCA have recognised that climate change is a potential material financial risk to regulated firms. On...
5/28/2025 9:51:05 AM New UK bank levy for resolution becomes law By Michael Raffan Christopher Bernard Daniel Tichbi After almost a year working its way through Parliament, the Bank Resolution (Recapitalisation) Act 2025 received Royal Assent on 15 May...
5/27/2025 12:22:38 PM Investment research payment optionality: New joint payment option increases flexibility in how fund managers pay for research By James Smethurst Elisabeth Overland Borja Ruiz De Gopegui Aleena Mann +1 more... Show less The FCA has introduced a “joint payment” option for research and execution services for UK fund managers. This is intended to address...
5/27/2025 11:56:42 AM Market volatility and defined contribution pensions: a new dawn for mass claims? By Andrew Murphy Gareth Davies Christy Lee The recent fallout in global markets as a result of US President Trump’s trade tariff announcements may recall, to the minds of UK...
5/27/2025 10:40:17 AM Taming the “Wild West”: UK Government leads BNPL into the regulatory stable By Cyrus Pocha Emma Probyn Craig Dewar Christine Simpson Tricia Moffat +2 more... Show less The UK Government has saddled up to bring order to what it terms the “wild-west” of Buy Now Pay Later (BNPL). For years, BNPL has...
5/26/2025 7:54:03 AM Product Risks Today: Digital services in the scope of the new Product Liability Directive By Moritz Becker Lutz Riede Kristina Weiler Anita Bell Hannah Meyer +2 more... Show less Introduction The new Product Liability Directive (PLD) marks a significant evolution in European liability law. While traditionally...
5/23/2025 10:16:26 AM UK Banking litigation in focus: Recent cases and emerging trends By Thomas Clark Benjamin Ng Julia Schulman Sunil Singh Sharon Tong Sharon Grennan +3 more... Show less In the last 6 months, we have seen a range of important cases and developments before the Courts in the UK affecting financial...
5/21/2025 3:12:16 PM EU Expands Sanctions Regime with 17th Sanctions Package against Russia By Dr. Stephan Denk Lukas Pomaroli Tensin Studer This week, the EU published its 17th sanctions package including new asset freeze listings, a new asset freeze listing ground, and new...