Dec 06, 2024 The regulatory regime for short selling in the UK: a long time coming By James Smethurst Christopher Bernard On 11 November 2024, an updated draft of the Short Selling Regulations 2024 was laid before Parliament, accompanied by a draft...
Nov 29, 2024 FCA publicity consultation – take 2: A solution to one of the FCA’s problems? By Lucy Clark The FCA yesterday published its revised proposals to publicise enforcement investigations. Reactions to the original proposals both from...
Nov 26, 2024 ESG ratings providers to be regulated in the UK By Anthea Bowater Elisabeth Overland Hannah Bergin This month the UK Chancellor of the Exchequer, Rachel Reeves, confirmed as part of her first Mansion House speech the UK Government’s...
Nov 26, 2024 AI in financial services – Innovation, regulation and practical considerations By Brock Dahl Rikki Haria Satya Staes Polet Katie Hyewon Sa Adam Gillert Julia Utzerath Sharon Grennan +4 more... Show less AI is a topic that is both new and old. Financial services firms have been grappling with the capabilities of AI and its use cases for...
Nov 25, 2024 The FCA/FOS Consultation – “Modernising the Redress System” A Chance for Reform? By Christopher Robinson Jack Helyar Sharon Tong At a Glance On 15 November 2024, the FCA and FOS jointly published a call for input as to how the FOS might improve its redress...
Nov 21, 2024 When is it Wise to report non work-related conduct issues to the UK FCA? By Ali Sallaway Christopher Robinson Sophie Horton A recent UK FCA decision highlights the FCA’s expectation that, in certain circumstances, issues relating to the conduct of senior...
Nov 13, 2024 FCA reviews implementation of Consumer Duty in payments firms By Anthea Bowater Olivia Archibald Last month, the Financial Conduct Authority (FCA) published its key findings from a review of 23 payments firms’ implementation of the...
Nov 08, 2024 UK Banking Litigation Update By Thomas Clark Emma Probyn Anthea Bowater Miryam Farrelly Sarah Robinson Julia Schulman Rebecca Freedman +4 more... Show less So far this year we’ve seen a range of important cases and developments before the Courts in the UK affecting financial institutions. In...
Oct 29, 2024 Government set to bring Buy-Now, Pay-Later firms under FCA regulation By Cyrus Pocha Christine Simpson Christopher Bernard Curran Snell +1 more... Show less On 17 October 2024, HM Treasury launched its third consultation on the proposed regulation of Buy-Now, Pay-Later (BNPL) credit...
Oct 29, 2024 FCA takes further steps to crackdown on “finfluencers” following issuing guidance regarding financial promotions on social media By Emma Probyn Christine Simpson Abisha Bastian Georgia Onslow +1 more... Show less On 22 October 2024, the FCA announced that 20 social media “finfluencers” are being interviewed under caution under its criminal powers....
Oct 29, 2024 The FCA consults on changes to the safeguarding regime: what does it mean for payments and e-money firms? By Claire Harrop Noah Schmidt Christopher Bernard Helena de Guise +1 more... Show less On 25 September 2024, the FCA published a consultation paper on proposed changes to the safeguarding regime for payments and e-money...
Oct 23, 2024 English High Court implies an alternative reference rate in post-LIBOR test case By Emma Probyn Duncan Kellaway Kevin Whibley Greg Garfield Sharon Grennan Ephraim Conteh +3 more... Show less The decision in Standard Chartered v Guaranty Nominees [2024] EWHC 2605 (Comm) considers how to interpret contractual provisions...