Financial Services UK Archive » December, 2024

Financial Services UK - December, 2024

146 articles

• Many Firms Lack AI In Risk Operations, Study Finds
• Reading FC Owner Sued For £12M Over Confidentiality Breach
• UK Litigation Roundup: Here's What You Missed In London
• Law Firm Awarded £4.2M For Co.'s Mishandled PPI Claims
• The Biggest Developments In Insurance In 2024
• Crédit Agricole To Take Full Control Of Caceis From Santander
• The Top FCA Enforcement Cases Of 2024
• The Biggest UK Commercial Litigation Cases Of 2024
• Osborne Clarke Pro Fined £50K Over Zahawi Libel Letter
• £3.5B 'Dartford Disneyland' Park Co. Must Close, Court Rules
• Financial Adviser Colbourne In Default After FCA Restrictions
• Craig Wright Gets Suspended Sentence Over Bitcoin Claim
• Denmark Says $500M Recovered In Dividend Tax Fraud Suits
• FCA Apologizes To Victims Of £15M Peer-To-Peer Fraud
• Motor Finance Firms Get 1 Year To Address Fee Complaints
• PRA Pushes Back 'Solvent Exit' Rules For Insurers
• FCA Proposes To Simplify Investment Product Information
• Retailers Lose Bid For Higher Damages Bill In Swipe Fees Trial
• A Look Back At The Top UK Corporate Crime Cases Of 2024
• Osborne Clarke Pro's Email To Zahawi Critic Was 'Negotiation'
• UK Private Stock Market May Fail To Attract Investors, Firms
• FCA Charges WealthTek Partner With £64M Fraud
• EU Court Rejects Latest Challenge To Portugal's Tax Clawback
• Colliers Sued For £3.9M For Shopping Mall Over-Valuation
• Attwells' Defense Sticks In £1.2M Loan Dispute
• Herbert Smith Freehills Brings Back Senior Regulation Pro
• Police Can Seize £2.6M From Influencers Over Unpaid Tax
• FCA's 2024 Consumer Focus Still Has Firms Guessing
• Group Says Craig Wright In Contempt For £900B Bitcoin Claim
• UK Sees 'Merit' In Costs Cap For Agencies Pursuing Oligarchs
• UK Must Address Regulatory Bias Toward Risk, ABI Says
• Businesses Should Expect A Role In Tackling Fraud Next Year
• Italy's UniCredit Increases Stake In Commerzbank To 28%
• What FCA's 2024 Changes Suggest For Enforcement In 2025
• Gov't Ignores Calls For Redress Over State Pension Failings
• How The Wirecard Judge Addressed Unreliability Of Memory
• Broker Banned For 'Lack Of Integrity' Over Indemnity Risk
• Osborne Clarke Pro Denies Trying To Block Zahawi Scrutiny
• Barclays Loses Challenge To Major UK Motor Finance Ruling
• UK Broker Fights New Danish Cum-Ex Fraud Allegations
• Ireland Could Lose €15B Due To Trump, Central Bank Warns
• FCA Proposes Rules For New Private Company Stock Market
• FCA Bans Director, Adviser Over 'Flawed' Pensions Advice
• Ladbrokes Owner Sued For AML Breaches By Aussie Watchdog
• Decoding Arbitral Disputes: Cross-Border Contract Lessons
• JP Morgan, Greek Fintech Wrestle Over Joint Venture Value
• 3 Firms Guide Goldman Sachs On Buying Synthon Stake
• FCA Warns Benchmark Administrators Of Inadequate Controls
• Investment Boss Broke Freezing Order In Global Fraud Case
• Osborne Clarke Pro Accused Of 'Abusive' SLAPP Threat
• Smaller Auditors Lag In Quality, UK Regulator Warns
• Practical Considerations For Private Fund Side Letters
• FCA Proposes To Cut Crypto-Laundering Risk, Clarify Rules
• UK Litigation Roundup: Here's What You Missed In London
• Gov't Urged To Go Further On Local Pension Reforms
• LC&F Bosses Must Repay £180M Over Ponzi Scheme
• Hopes Rise For Law Change As Pension Lifeboat Delays Levy
• Eversheds Steers £210M Transfer Deal For Superfund Clara
• UK Launches Probe Into BlackRock Deal For Data Biz Preqin
• Pensions Pro Wins Whistleblower Appeal, But Was Fairly Fired
• Judgment Debts Can't Offset Pro Bono Cost Orders Says CoA
• German Fund Managers Charged In €45M Cum-Ex Scheme
• Failed Fintech's Former CEO Sues Founder For £370K In Pay
• BoE Probes Business Exposure To Crypto-Assets
• Latham Loses Another Senior Finance Pro To Sidley
• UK Launches Anti-Corruption Unit For Domestic Bribery
• BoE Bolsters Liquidity Reporting For Life Insurers
• Trader Sentenced To 12 Years For Cum-Ex Fraud In Denmark
• HSBC Loses Appeal In Banker's Sex Bias Case
• Preparing For The Next 5 Years Of EU Digital Policy
• More £1B-Plus Deals Forecast For 2025 Pensions Market
• FCA Floats New Guidance Rules To Support Pension Savers
• Oligarch Denies Stripping Norilsk Assets In Fight With Rusal
• CMS Guides Just Group's £17M Pension Scheme Deal
• K&L Gates Hires Restructuring Pro From Katten In London
• Hogan Lovells Steers £370M Pension Deal For Hays
• UK Supreme Court To Hear Motor Finance Misselling Appeal
• Klarna Fined $46M By Sweden For AML Violations
• Gov't Urged To Carefully Prioritize Regulatory Reforms
• Norton Rose Advises TowerBrook's £283M Deal For Equals
• EU To Introduce Digital Certificate For Withholding Tax Relief
• FCA Acted 'Irrationally' Over Misselling Redress, MPs Say
• UK Audit Watchdog Bills Crowe £1M Over Akazoo Failings
• Soft Landing For Pilot As Billionaire's Insider Case Wraps
• Privinvest Denied Appeal In 'Tuna Bond' Bribery Case
• Regulations Halt Pension Transfers 'Needlessly,' Adviser Says
• FCA Will Support Growth But Not 'Light Touch' Regulation
• Key Takeaways From EU's Coming Digital Act
• Forex Trader Sued For Unilaterally Closing Trades
• Jockey Frankie Dettori Named In HMRC Tax Avoidance Battle
• Couple To Forfeit £12M Over China-Linked Financial Fraud
• Denmark's Nykredit Makes $3.5B Offer For Spar Nord Bank
• Lawyer Fined For Nondisclosures About Mafia-Linked Project
• Reckitt Investors To Test Class-Action Rules In Opioid Case
• Labour Appoints Hodge As New Anti-Corruption Czar
• Audit Watchdog Floats Revised Rules For Pension Standards
• Ex-BVI Fund Boss Challenges $400M Ponzi Scheme Debt
• Insurer Launches Estate Planning Cover After Tax Changes
• Allianz Exec Avoids Prison For $7B Investor Fraud
• Barclays Investors Get Initial OK For $19M Overissuance Deal
• UK Authorities Say Banker's Rights Safe In US Extradition
• Car-Leasing Execs Deny Fraud Charges In £88 million Case
• UK Litigation Roundup: Here's What You Missed In London
• BonelliErede Adds 2 Private Equity Partners From Chiomenti
• SRA Seeks To Be Joined As Creditor After Axiom Collapse
• Businessman Owing £80M Gets Prison For Obstructing SFO
• UK Asset Managers Get More Time For Sustainability Reports
• New Tool Rolled Out To Help Firms Meet Consumer Duty Rules
• FCA Bosses To Face Treasury Panel After Bruising Month
• Direct Line Tentatively Accepts Aviva's Higher £3.6B Offer
• Ex-Goldman Manager Wins Paternity Leave Sex Bias Claim
• PIC Insurance Co. Must Hand Control To Founder's Estate
• HMRC Wins Freezing Order Over Alleged £171M Tax Fraud
• Gold Trader Denies Knowing Of £200M Laundering Scheme
• EU Fund Managers Seek More Flexible Securitization Rules
• Pension Funding Is 'Largely Stable,' Lifeboat Fund Says
• FSB Names Insurers To Apply Resolution Standards
• Senior MPs Join Call For Women's State Pension Redress
• Solaris Says Binance Can't Use AML Gaps To Exit €144M Deal
• Lloyds Bank, Aviva Join Gov't Group To Aid Financial Access
• Cerberus Liable For €358M Payment To Sabadell, Judge Rules
• Mastercard Settlement Spat Will Test Class Action Regime
• PrivatBank Ex-Owner Can't Ease Freeze To Sell Stranded Jets
• UK Busts Multibillion-Dollar Russian Money Laundering Ring
• More Diverse Audit Market Will 'Take Time,' Watchdog Says
• Pensions Watchdog Publishes Key Guide For Funding Code
• JPMorgan Accused Of Unfair Firing Over Spoofing Allegations
• 3 Firms Steer £50M Pension Deal For Aerospace Co.
• EU Gov'ts Endorse Plan For Sharing Customer Financial Data
• Austrian Banker Says Brazilian Tax Fraud Allegations 'Risible'
• Consumers Settle £10B Mastercard Swipe Fees Class Action
• Clifford Chance Hires Finance Pros From Goodwin In Paris
• Retailers Argue For Higher Damages Bill In Swipe Fees Trial
• UK Watchdog Probes BlackRock Deal For Data Co. Preqin
• City Firms Are Unprepared For GenAI Rollouts
• Pension-Age Mortgages Now An 'Entrenched' Market Feature
• Severity Of Cyber Risk 'Widely Underestimated' In UK
• PE Firms Swap Calisen Stake At Reported $5B Value
• Skat Settles With Ex-Barclays Director In £1.4B Fraud Case
• Mogul Can't Duck £102M Debt Using Sham Settlement
• BoE Finds Pension Funds Resilient After LDI Crisis
• DLA Piper Taps Senior Finance Pro As New Leeds Chief
• Eversheds Aids Canada Life On £250M Pension Deal For Kion
• Cross Market Drill Highlights Operational Resilience Priorities
• Compensation Fund Open To Claims On Failed SIPP
• FCA Urges Better AML Regulation Of Conveyancing