21 Oct, 2024 The worldwide focus on operational resilience in financial services: what firms and service providers need to know By Claire Harrop Matthew O'Callaghan Nariné Atamian Daphne van der Houwen Christopher Bernard +2 more... Show less Regulators around the world have long been concerned about the operational resilience of banks and other financial institutions, and the...
18 Oct, 2024 The English Court of Appeal upholds dismissal of LME nickel crisis claims By Emma Probyn James Smethurst Harry White The English Court of Appeal dismissed an appeal of the High Court’s judgment in favour of the London Metal Exchange (LME) and LME Clear,...
14 Oct, 2024 Redressing the UK FCA’s power to impose consumer redress schemes By Christopher Robinson Sharon Grennan Juliet Leung In a recent decision, the UK Court of Appeal confirmed that the FCA can impose a redress requirement on an FCA-regulated firm without...
25 Sep, 2024 FCA's further report on de-banking focuses on the Consumer Duty By Sharon Tong Anthea Bowater The FCA has published its follow-up report on “UK Payment Accounts Access and Closures: Update” (the Update Report). In its last report,...
18 Sep, 2024 Stop that payment! FCA guidance on delaying payments suspected to be APP fraud By Emma Probyn Christine Simpson Christopher Chan Abisha Bastian +1 more... Show less On 9 September 2024, the FCA launched a Consultation in which it proposes changes to its guidance to payment service providers (PSPs)....
03 Sep, 2024 Herding cats: English law and Decentralised Autonomous Organisations By Claire Harrop Christopher Bernard Joana Fragata Background On 11 July 2024, the Law Commission published a scoping paper (the Scoping Paper) on Decentralised Autonomous Organisations...
20 Aug, 2024 POP’ing it like the FCA By Chris Ranson Richard Ho Tom Godwin Claire Harrop Christopher Bernard Jennifer McCarthy +3 more... Show less The FCA recently published a consultation paper (CP24/13) setting out its proposed rules for the new public offer platform (POP) regime....
20 Aug, 2024 New access to cash rules published by the FCA By Michael Raffan Julia Robilliard-Smith Tey Khoo Christopher Bernard +1 more... Show less Despite trends toward digital and cashless payments, the previous Government assessed that access to cash remained vital for a portion of...
07 Aug, 2024 5 years IFR and IFD - time for a general overhaul? By Janina Heinz Theresa Kreft Daniel Klingenbrunn The EU’s prudential framework for investment firms, the Investment Firm Regulation (IFR) and the Investment Firm Directive (IFD), had its...
07 Aug, 2024 FCA consults on derivatives trading obligation and post-trade risk reduction services By Michael Raffan Elisabeth Overland Christopher Bernard On 26 July 2024, the Financial Conduct Authority (FCA) published a consultation paper (CP24/14) with proposals on three different but...
02 Aug, 2024 UK regulators keen to understand the future of digital wallets By Claire Harrop Noah Schmidt Christopher Bernard Rhea Dennis +1 more... Show less On 15 July 2024, the Financial Conduct Authority (FCA) and the Payment Services Regulator (PSR) published a call for information (CFI) on...
01 Aug, 2024 FCA issues inaugural fine under Electronic Money Regulations 2011 By Claire Harrop Christine Simpson Georgia Onslow On 23 July 2024 the Financial Conduct Authority (FCA) issued a Final Notice against CB Payments Limited (CBPL), fining it c.£3.5m for a...