18 Jul, 2024 EU Elections Unpacked: Ursula von der Leyen re-elected for second term By Kieran Watkins Natalie Pettinger Kearney Lea Bareil Germany's Ursula von der Leyen has been elected President of the European Commission for a second mandate, with 401 votes in favour, 284...
03 Jul, 2024 Consumer Duty for insurers: One year on By Priti Lancaster George Swan Lauren Honeyben The Consumer Duty (the Duty) came into force for open products and services on 31 July 2023. It has had a significant impact on the way...
23 May, 2024 Not operating by the length of his foot: UK Court of Appeal further considers the role and remit of the Financial Ombudsman Service (FOS) By Christopher Robinson Lucy Clark The Court of Appeal has again considered the judicial review of a FOS decision, following its recent decision in R (Assurant General...
22 May, 2024 The PRA’s thematic review of private equity related financing activities in the UK By Claire Harrop Greg King Jay Sarker Late last month, the PRA published a Dear CRO letter which sets out the main findings of its thematic review into UK regulated banks’...
03 May, 2024 The Digital Securities Sandbox: a new model for trading and settlement in the UK? By James Smethurst Christopher Bernard Olivia Davies On 3 April 2024, the Financial Conduct Authority (FCA) and the Bank of England (BoE) published a consultation paper setting out their...
02 May, 2024 FCA consultation on publicising investigations: The strength to let go – will the FCA reconsider ‘naming and shaming’? By Lucy Clark Ali Sallaway The consultation period for CP24/2 closed on Tuesday, marking the end of (at least the first phase of) what has been widely perceived to...
01 May, 2024 FCA publishes finalised guidance on the anti-greenwashing rule By Luke FitzGerald Elisabeth Overland The FCA has published its finalised guidance on the anti-greenwashing rule, alongside a consultation paper (which we summarise here) on...
24 Apr, 2024 From PSD2 to PSD3 and PSR – European Parliament sets out its vision on the future of payments By Natalie Pettinger Kearney Eva Schneider Daniel Klingenbrunn Jimena Gonzalez Alicia Hildner +2 more... Show less The payments landscape has undergone significant changes over the past decade, changes driven by fast-paced technological advancements...
08 Apr, 2024 High Court hands down its first judgment on the Quincecare duty since Philipp By Christine Simpson Sarah Robinson Qifei Zou The High Court’s recent judgment in CCP Graduate School Ltd v National Westminster Bank, [2024] EWHC 581 (KB) is the first decision...
26 Mar, 2024 Trends in fintech: our EU predictions for 2024 By Natalie Pettinger Kearney Eva Schneider Alicia Hildner Daniel Klingenbrunn Jimena Gonzalez Victor Garcia Lopez +3 more... Show less As we did in 2021, 2022, 2023 we have crowdsourced some fintech predictions for the year ahead from the EU Freshfields Fintech team,...
21 Mar, 2024 ESG dispute risk for financial institutions: A global picture By Sharon Grennan Climate litigation and other ESG risks are on the rise around the world for corporates and financial institutions. In the EU and UK a...
15 Mar, 2024 Failing to prepare or preparing to fail – PRA policy statement on solvent exit planning for non-systemic banks and building societies By Michael Raffan Lauren Moorin Fran Kaehr In a 2021 speech, Sam Woods, the CEO of the UK’s Prudential Regulation Authority (PRA), stated that one of the regulator’s focuses for...