Financial Services UK

  • May 11, 2026

    India Fights To Block $273M Failed Metals Scheme Arbitration

    India fought on Monday to block a UAE investment fund's $273 million claim over a collapsed aluminum production scheme, arguing at a London appeals court that an arbitration tribunal does not have jurisdiction to hear the case.

  • May 11, 2026

    Hermes Denies 'Existential Gamble' On Wind Farm Investment

    The managers of a Scottish local authority's pension fund denied that their decision to invest £104 million ($142 million) in a portfolio of Swedish wind farms was an "existential gamble," saying that the claim is "based entirely on hindsight."

  • May 11, 2026

    EU Watchdog Flags Oversight Gaps At Fund Managers

    The European Union's markets regulator said Monday that it has found poor compliance and senior management oversight at many European fund managers after it carried out a common supervisory action.

  • May 11, 2026

    Ex-Stockbroker Sentenced To Extra 499 Days In Prison

    A former stockbroker convicted for money laundering has been sentenced to a further 499 days in prison for failing to fully repay money owed under a confiscation order, the Financial Conduct Authority has said.

  • May 11, 2026

    Finance Body Sets Out Plan To Boost UK Growth Agenda

    A trade body for financial institutions released Monday a report on how financial services can deliver the government's economic growth plan, two days ahead of the King's speech expected to set out related legislation.

  • May 11, 2026

    Sheikh Can Sue Lebanon Bank In UK Over $24M Transfer Row

    A Saudi sheikh's dispute with Bank Audi SAL over the Lebanese lender's alleged refusal to transfer more than $24 million to his Swiss account can proceed in England, a London appeals court has said.

  • May 11, 2026

    Gateley Guides Software Firm's £4.5M Pension Deal

    A financial services consultancy said Monday that it has advised software company Access Group on securing the retirement benefits of all 40 members of its pensions plan in a £4.5 million ($6.1 million) full buy-in with Just Group PLC.

  • May 08, 2026

    PayPoint Beats Most Of £172M Competition Claim

    An energy payments company has largely beaten a competitor's £172 million ($234 million) claim at an antitrust tribunal after a panel found that exclusivity terms in its contracts hampered the smaller rival's entry into the market only "to a limited extent."

  • May 08, 2026

    FCA Eases Auto Finance Redress Timetable Amid Legal Action

    The Financial Conduct Authority said Friday that it will withdraw some timetabled requirements for lenders under its £7.5 billion ($9.9 billion) motor finance compensation program because they might need to change their plans after several legal challenges.

  • May 08, 2026

    Scale 'Not A Panacea' For Good Pension Outcomes, LCP Says

    Research published by Britain's retirement savings watchdog shows that "scale is not a panacea" for good saver outcomes, Lane Clark & Peacock said Friday, amid a wider push for consolidation in the market.

  • May 08, 2026

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.

  • May 08, 2026

    EU Fund Managers Warn Against Shareholder Rights Overhaul

    A trade body for European fund managers warned lawmakers Friday against large-scale changes to the Shareholders' Rights Directive that would obstruct investors' existing rights.

  • May 08, 2026

    PMI, Schroders Launch Pension Governance Investing Survey

    The Pensions Management Institute and Schroders have said they will investigate how governance of investment in defined benefit retirement plans is changing in real time, amid record funding positions for pensions in Britain.

  • May 08, 2026

    Commerzbank Lifts Outlook As It Fends Off UniCredit Bid

    Commerzbank AG published plans on Friday to boost future profitability as the German lender builds defenses against a takeover bid from Italy's UniCredit SpA, which it described as vague and fraught with "considerable execution risks."

  • May 07, 2026

    Open Banking Adds Ex-FCA General Counsel To Board

    Open Banking Ltd. said Thursday that it has appointed a former general counsel at the Financial Conduct Authority as an independent non-executive director to its board.

  • May 07, 2026

    Iran War Risks £8B Annual Tax Hit To UK, Report Warns

    The Iran war could cost the U.K. government up to £8 billion ($10.9 billion) a year through lost tax revenue and higher debt interest payments, a progressive think tank warned Thursday.

  • May 07, 2026

    Pensions Orgs. Want Citizens' Assembly To Fix Savings Crisis

    Policymakers should bring together a representative group of citizens to form a range of ideas and proposals to help Britain avoid its looming pensions crisis, a cross-industry group has said in a report.

  • May 07, 2026

    FCA Sets Guidance On New, Tougher Payment Sector Rules

    The Financial Conduct Authority set out new guidance on Thursday on tough rules that have come into force requiring payment and electronic money institutions to safeguard customer money better.

  • May 07, 2026

    Schroders To Reward Investors With Buyback Of Up To £20M

    Schroders Capital Global Innovation Trust PLC said on Thursday that it has launched a share buyback worth up to £20 million ($27 million), minus costs, to reward shareholders as part of its ongoing managed wind-down.

  • May 07, 2026

    Bank Of Georgia Owner To Extend Buyback By $20.5M

    Lion Finance Group PLC said Thursday that it will soon launch a share buyback program worth up to 55 million Georgian lari ($20.5 million) to lower its share capital.

  • May 07, 2026

    Gowling-Led Aberdeen Deal Ends Herald, Saba 'Impasse'

    Aberdeen Investments said Thursday that it has agreed to a deal with activist investor Saba Capital Management to manage Herald Investment Trust PLC, as part of a compromise to secure the trust's long-term future.

  • May 07, 2026

    UniCredit To Take Loss Of Up To €3.3B On Russian Biz Sale

    UniCredit SpA said Thursday that it will take a hit of up to €3.3 billion ($3.9 billion) on its profits to sell part of its Russian subsidiary to an investor in the United Arab Emirates as the Italian lender moves to distance itself from sanctioned clients.

  • May 06, 2026

    Financier Charged With Fleecing Billionaire Out Of $450M

    A financier based in Greece defrauded Mexican billionaire Ricardo Salinas Pliego out of $450 million, misappropriating stock that the telecommunications baron used to secure a loan after lying about his bona fides, New York federal prosecutors have alleged.

  • May 06, 2026

    MoFo, KC Face Saad Negligence Case After $318M Court Loss

    Liquidators for Saad Investments have launched a professional negligence claim against Morrison Foerster LLP and a senior barrister, who represented the defunct lender in a failed fight for compensation for shares worth $318 million.

  • May 06, 2026

    Ex-Rosenblatt Firm Says VC Co. Should Pay Its £6M Legal Bill

    Winros Partnership, formerly known as Rosenblatt Solicitors, told an appeals court Wednesday that a venture capital firm should pay its £6 million ($8.2 million) bill, arguing it should be allowed to claim the reasonable value of its services.

Expert Analysis

  • What To Expect From UK Prospectus Regime Changes

    Author Photo

    The new U.K. prospectus regime for trading on regulated markets, effective Jan. 19, aims to streamline processes and reduce costs, but a significant shift in structuring and disclosure obligations will increase pressure on practitioners to manage risk under tighter timelines, say lawyers at Baker Botts.

  • 10 Financial Regulatory Changes To Prepare For In 2026

    Author Photo

    A number of changes in the financial regulatory sphere are due this year, from targeted support to payment safeguarding and a new consumer composite investments regime, and firms should plan to address the policies and regulatory strategies relevant to them, say lawyers at Womble Bond.

  • How Gov't AML Supervision Reform Will Affect Law Firms

    Author Photo

    In confirming that the Financial Conduct Authority will become the single supervisor for professional services, HM Treasury’s planned reform of the U.K.’s anti-money laundering and counter-terrorist financing supervision regime marks a significant change for the legal profession, signaling a greater emphasis on evidence and accountability, says Harriet Holmes at Thirdfort.

  • EU Financial Regulation Trends Cos. Need To Watch In 2026

    Author Photo

    An ever-increasing number of initiatives on the European Union regulatory agenda, with simplification and consistent implementation being priorities, means financial services businesses with a footprint in the EU or seeking to establish one will face significant challenges and strategic opportunities, say lawyers at Taylor Wessing.

  • What To Expect From UK, EU Crypto Regime Changes In 2026

    Author Photo

    With 2025 marking the first operational year of the European Union’s Markets in Crypto-Assets Regulation and the U.K.’s rules reaching their final legislative form, the two jurisdictions are converging in focus, but structural design differences mean firms active in both markets will require dedicated documentation to ensure compliance, say lawyers at Morgan Lewis.

  • What Cos. Can Expect From CMA Consumer Protection Drive

    Author Photo

    The Competition and Markets Authority’s recently launched consumer protection drive targeting banned online sales practices focuses on supporting compliance rather than on enforcement, although firms should expect this to change once businesses have had time to adapt to the regulator's new regime, say lawyers at Baker Botts.

  • Preparing For UK's New Tax Fraud Whistleblower Program

    Author Photo

    With the U.K. government introducing a U.S.-style whistleblower incentive scheme to tackle high-value tax avoidance and evasion, companies should take proactive steps and establish clear protocols to mitigate the potential increase in tax investigations, say lawyers at Skadden.

  • Key Trends Shaping ESG And Sustainability Law In 2026

    Author Photo

    2025 saw a chaotic regulatory landscape and novel litigation around environmental, social and governance issues and sustainability — and 2026, while perhaps more predictable, will likely be no less challenging, with more lawsuits and a regulatory tug-of-war complicating compliance for global companies, say attorneys at Crowell.

  • Digital Regulation In EU And UK: The Enduring 2025 Themes

    Author Photo

    With EU and U.K. digital regulation becoming an operational reality in 2025 and no sign of slowing in 2026, organizations need to embed content moderation, cybersecurity and data access obligations into their compliance structures, although legislative divergences mean that multinational businesses must also consider parallel and sometimes conflicting expectations, say lawyers at Morrison & Foerster.

  • FCA Enforcement Trends In 2025 And Expectations For 2026

    Author Photo

    The Financial Conduct Authority’s clear intention in 2025 to conduct fewer, faster investigations and reinforce transparency is likely to continue in 2026, with a dual-pronged approach of targeted enforcement and assertive supervision to fight crime, support growth and help consumers as its priorities, say lawyers at WilmerHale.

  • Judicial AI Guidance Update Shows Caution Still Prevails

    Author Photo

    The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells.

  • Freezing Orders Maintain Their Impact 50 Years On

    Author Photo

    Freezing orders, created in Mareva v. International Bulk Carriers 50 years ago, are now a fundamental part of English and Welsh law and a significant weapon in the litigator's armory, considered indispensable by practitioners seeking to obtain enforceable judgments and interlocutory relief on behalf of their clients, say lawyers at Trowers and Hamlins.

  • EU Businesses Face Uncertainty Amid Sustainability Reforms

    Author Photo

    The European Commission’s sustainability omnibus, due to be approved this month, has brought a year of regulatory upheaval for European businesses, and although the long-awaited scaled-back obligations will provide clarity, a balance between not overburdening reporting companies and the need for data to make sustainable investments must be found, say lawyers at Peters & Peters.

  • How Russia Sanctions Trajectory Is Affecting UK Legal Sector

    Author Photo

    The proliferation of U.K. and European Union sanctions targeting Russia has led to a vast increase in legislative provisions, and lawyers advising affected businesses should expect a complex and evolving legal landscape for the foreseeable future, says Rob Dalling at Jenner & Block.

  • Tracking Crypto-Asset Tax Rules In 2025 And Beyond

    Author Photo

    The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Financial Services UK archive.