Financial Services UK

  • September 22, 2026

    Nuveen Wins Regulatory Backing To Buy Schroders For £10B

    Asset manager Nuveen said Tuesday that it has received regulatory approval for its planned £9.9 billion ($13 billion) takeover of U.K. rival Schroders, paving the way for the deal to close once remaining conditions are met.

  • September 22, 2026

    FCA Wrongly Applies Time Limit To Redress Complaint

    The Financial Conduct Authority has accepted a recommendation to investigate a complaint over its handling of a redress scheme for customers of a group of lenders, after the Complaints Commissioner found the regulator had wrongly rejected the case as out of time.

  • September 22, 2026

    London Property Freeholder Defends Blocking Sublet

    The freeholder of a property in southwest London has defended its decision to withhold permission for a leaseholder to sublet and convert the building for use as a gym, health and wellness spa.

  • September 21, 2026

    UK's New AML Plans May Drive Surge In Financial Crime Work

    Government plans to throw more officers, money and agencies at cracking down on money laundering could be "transformational," leading to a surge in investigations and, City lawyers say, work for defense teams.

  • September 21, 2026

    Mexican Investor Ends $12M Funds Row With Floreat Unit

    A businessman and his company have settled their claim for 10 million Swiss francs ($12.2 million) against a member of the Floreat investment group which they alleged had failed to repay money provided under two investment deals.

  • September 21, 2026

    FCA Forced To Improve Complaints-Handling Access

    The Financial Conduct Authority said Monday it had improved its complaints-handling procedures after accepting some failings identified by the Complaints Commissioner in an investigation of a complaint.

  • September 21, 2026

    FCA Sues Hunter Jones Over Alleged Unauthorized Activity

    The Financial Conduct Authority said Monday that it had brought a claim against property investment specialist Hunter Jones Group and its director over claims the company is carrying out regulated activity without authorization.

  • September 21, 2026

    Dubai Biz Sues Energy Co. For $5.4M Over Unpaid Fees

    A Dubai-based consulting arm of banking company Houlihan Lokey has sued Egyptian petrochemical manufacturer Carbon Holdings Ltd. and two linked companies, seeking payment of more than $5.48 million in allegedly unpaid fees.

  • September 18, 2026

    F1 Says Sanctions Bar Russian Promoter's $24M Refund Bid

    The Formula One World Championship has fought back against claims that it still owes a Russian promotion company a refund for $24 million in race fees that it handed over before Russia's military invasion of Ukraine voided their contract as Western governments imposed sanctions.

  • September 18, 2026

    Claims In Tech Exec's Stock Theft Suit Sent To Arbitration

    A New York federal judge has sent claims against a manager of lender W Management Services and agent SRT Capital SPC Ltd. to arbitration in a wide-ranging suit brought by an Aeva Technologies co-founder who alleges Credit Suisse provided "institutional cover" to conspirators who stole tens of millions of dollars.

  • September 18, 2026

    Frontier AI Explosion Makes Senior Managers Vulnerable

    Lawyers are urging the Financial Conduct Authority to rush out guidance on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.

  • September 18, 2026

    Arab Bank Sues Client For £17M Over Mass Loan Defaults

    Arab Bank Europe has sued an Omani businessman for more than £17 million ($22.7 million) after he allegedly failed to cover payments on four defaulted corporate loans he had guaranteed.

  • September 18, 2026

    EU Insurers Seek Same Rules Overhaul As Banks

    The European Union's governing body should broaden its banking sector growth plans to include the insurance industry, a trade association said.  

  • September 18, 2026

    EU Bank Watchdog Sets Rules For External Risk Management

    The European Union's markets watchdog introduced final guidelines Friday to simplify how financial institutions should manage risks from external providers of non-technological services like payment services or call centers.

  • September 18, 2026

    PRA Pressed On Pledge To Cut Business Admin Burden

    An influential cross-party House of Lords committee has asked the Bank of England's regulatory arm to show how it is making good on the government's commitment to slash the regulatory burden by a quarter.

  • September 18, 2026

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

    The past week in London has seen Victoria's Secret and Thomas Pink file competing IP claims, more than 1,000 retail consumers launch a group action against Binance, Baker Hughes targeted in a commercial claim by its former Russian subsidiary and university students hit four British institutions with breach of contract claims over pandemic-era closures.

  • September 25, 2026

    Walker Morris Hires Ex-DLA Piper UK Capital Markets Co-Head

    Walker Morris LLP said Friday that it has hired DLA Piper's former U.K. equity capital markets co-head to strengthen its capabilities in complex transactions.

  • September 18, 2026

    UK Parks Financial Inclusion Changes Until 2027 Review

    HM Treasury has postponed decisions on several proposed changes to the government's plan to remove barriers to financial participation until a two-year review due in 2027, the government said Friday.

  • September 17, 2026

    Revolut CEO Denies Owing Yacht Broker €17.5M Commission

    A co-founder of Revolut has denied that he owes a British yacht broker €17.5 million ($20.1 million) in commission, arguing that he arranged his purchase of the superyacht directly with the owner.

  • September 17, 2026

    Hedge Fund Sues LME For Breaches Over 2022 Nickel Crisis

    The London Metal Exchange is being accused of abusing its dominance by failing to install safeguards, in a new attempt to hold the market liable for the disorder that followed a surge in nickel prices in 2022.

  • September 17, 2026

    Gabon Bank Says Afreximbank 'Negligent' In €25M Claim

    Gabon Bank has denied liability for a €25 million ($28.6 million) claim brought by African Export-Import Bank, arguing that the payment arose from a fraudulent fuel transaction that Afreximbank knew about, or should have.

  • September 17, 2026

    HMRC Draft Rules Set 22% Charge On Cash In Stock ISAs

    Britain's tax authority published draft rules Thursday for the 2027 cash limit for individual savings accounts, including a new flat-rate charge of 22% on interest earned on cash parked inside stocks and shares wrappers.

  • September 17, 2026

    EU Lawmakers Told Not To Push Trading To Specific Venues

    European Union lawmakers should drop plans that will restrict where investors can execute trades, industry bodies said, warning that the proposals would raise costs and devalue EU shares.

  • September 17, 2026

    Law Firms Can Be 'Partners' In AML Crackdown, FCA Says

    An executive director at the finance watchdog urged law firms on Thursday to work with law enforcement agencies to tackle economic crime, saying they played a crucial role in detecting and investigating the spread of dirty money.

  • September 17, 2026

    FCA Blocks More Peer-To-Peer Illegal Crypto Traders

    The Financial Conduct Authority said Thursday it has continued its crackdown on illegal cryptocurrency trading, working with HM Revenue and Customs and the Metropolitan Police to target suspected unregistered peer-to-peer crypto businesses in London.

Expert Analysis

  • Sanctions Spotlight: Compliance Insights After OTSI's 1st Year

    Author Photo

    The Office of Trade Sanctions Implementation's recent report on its first year of operation offers insights into OTSI's interpretation of its mandate as the U.K.'s civil enforcement body for trade sanctions and efforts to operationalize its enforcement powers, giving businesses a compliance road map for areas it will prioritize in 2026, says Alexandra Melia at Steptoe.

  • A Look At ESMA's New Governance Framework For EU Boards

    Author Photo

    The European Securities and Markets Authority's recently finalized supervisory expectations for management bodies mark a shift toward improved board oversight across culture, risk, strategy and accountability that firms should view as a benchmark, say lawyers at Ropes & Gray.

  • Digital Assets Act Allows Courts To Cater For New Tech

    Author Photo

    The recently enforced Property (Digital Assets etc) Act confirms in law that digital assets can be recognized as personal property, while leaving intentional gaps, which allow courts the flexibility to adapt traditional legal rules to new innovative technology, say lawyers at Dechert.

  • How To Navigate AI M&A Risks, Compliance In Europe

    Author Photo

    As the artificial intelligence industry continues to witness substantial M&A transactions in Europe, parties should be mindful of the unique challenges posed by the acquisition of intangible AI technologies, monitor the evolving regulatory landscape, and establish optimal mechanisms for risk allocation, say lawyers at Morgan Lewis.

  • 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.

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.