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...
5/27/2025 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 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...
5/23/2025 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...
5/15/2025 10:26:45 AM FCA's new consultation on the definition of capital for FCA investment firms By James Smethurst Mac Mackenzie Craig Dewar On 24 April 2025, the FCA released a consultation paper CP 25/10 on the definition of capital for FCA investment firms. The FCA says it...
5/9/2025 10:16:12 AM FCA publishes discussion paper outlining its proposed approach to regulating certain cryptoasset activities By Cyrus Pocha Claire Harrop Noah Schmidt Aleena Mann +1 more... Show less On 29 April 2025, HM Treasury published a draft statutory instrument in near-final form which will introduce a regulatory regime for...
5/7/2025 8:18:51 AM FCA pauses the extension of SDR to portfolio management By Elisabeth Overland Emily Smith Daniel Tichbi On 30 April 2025, the FCA announced that it has paused its plans to extend the Sustainability Disclosure Requirements (SDR) and...
4/22/2025 12:54:30 PM Reforming fund regulation in the UK: HM Treasury and FCA proposals for regulating alternative investment fund managers By Emma Rachmaninov Christopher Chan Christopher Bernard Daniel Tichbi +1 more... Show less The future for alternative investment fund managers (AIFMs) in the UK became a little bit clearer on 7 April 2025 when HM Treasury...
4/4/2025 12:31:13 PM Motor Finance hearing in the Supreme Court (1 – 3 April 2025): quick summary By Craig Montgomery Lucy Clark Sunil Singh Janais Bartholomew Eden Werner +2 more... Show less The UK Supreme Court has been hearing the landmark case of Johnson v FirstRand Bank Limited[1]this week and the hearing finished...
4/3/2025 12:20:12 PM Regulating regulators – The UK FCA’s first fine imposed on a Recognised Investment Exchange By Piers Reynolds James Smethurst Jermaine Francis Sharon Grennan +1 more... Show less In its first enforcement decision relating to a Recognised Investment Exchange, the FCA has published a final notice and imposed a...
3/21/2025 3:30:37 PM The High Court affirms the FCA’s wide discretion in exercising its powers of redress By Piers Reynolds Jack Helyar Sharon Tong At a Glance On 7 March 2025, the High Court dismissed an application for judicial review by the All-Party Parliamentary Group on Fair...
3/20/2025 11:52:57 AM UK Government goes full throttle on its growth agenda: New action plan targets financial services regulators By Michael Raffan Elisabeth Overland Tricia Moffat Christopher Bernard +1 more... Show less On 17 March 2025, the UK Government published a policy paper and accompanying press release outlining a new approach to ensure regulators...