Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
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.
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on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
Previous
Next
Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
Gaps in the City watchdog's new crypto rules will exacerbate the risk of insider trading because of inconsistencies pointed out by lawyers over how exchanges will share price-sensitive information and disagreements on the digital-related definition of such data.
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.
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on how far senior managers are accountable for growing risks from cutting-edge artificial intelligence amid unclear and outdated rules.
-
October 12, 2026
Benchmark setters must strengthen oversight of potential conflicts of interest, particularly where individuals hold multiple positions across regulated businesses and wider corporate groups, the City regulator warned Monday.
-
October 12, 2026
Gaps in stablecoin regulation and increasingly sophisticated AI-enabled cyberthreats could undermine financial stability, a global standards setter has warned as it urged major economies to strengthen international cooperation.
-
October 09, 2026
Britain's competition enforcer is mulling a proposed fix for Macquarie Asset Management's planned purchase of electricity and gas metering company Energy Assets Group, after raising concerns about gas metering services for commercial customers.
-
October 09, 2026
The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.
-
October 09, 2026
The Bank of England said Friday it has tested the financial sector's ability to respond to a global cloud services outage, bringing together 38 of the U.K.'s largest lenders and market infrastructure operators in a crisis management exercise.
-
October 09, 2026
Investment firm Scotchstone Capital LLP said Friday it is considering making a takeover offer for Permanent TSB Group Holdings PLC, potentially increasing competition for the Irish lender as it pursues an already-agreed acquisition by Austria's Bawag Group.
-
October 09, 2026
Half of major global jurisdictions have "material gaps" in emergency public funding arrangements for failing systemically important banks, leaving authorities at risk of having to "improvise under pressure" during a financial crisis, a stability-standards setter warned Friday.
-
October 09, 2026
The financial markets regulator of the European Union said Friday that it is weighing whether tokenized assets can be used safely as collateral in central clearing as the digital asset technology moves closer to mainstream use.
-
October 09, 2026
A law firm owned by Seddons GSC has defeated a Luxembourg-based bank's claim that it conspired with a Russian media tycoon to avoid repaying £10 million ($13.2 million) in debt.
-
October 09, 2026
An English appeals court threw out on Friday the conviction of a former Deutsche Bank trader who had pleaded guilty to fraud for rigging benchmark interest rates, becoming the latest in a series of bankers to have their convictions overturned.
-
October 08, 2026
A wealth management business has accused three ex-employees of setting up competing businesses that snapped up clients with more than £100 million ($132.2 million) in managed assets, claiming they secretly built up the rival while on its payroll.
-
October 08, 2026
Broking and advisory business WTW said Thursday that the number of $10-billion plus deals that have completed this year has reached an all-time high.
-
October 08, 2026
The U.K.'s antitrust regulator said Thursday it is considering solutions from The Brink's Co. to address competition concerns over the ATM operator's approximately $6.6 billion proposed acquisition of cash machines business NCR Atleos.
-
October 08, 2026
Visa and Mastercard are facing a collective action from U.K. businesses seeking more than £700 million ($925 million) in compensation over allegedly excessive fees charged on card payments after Brexit, a former official at the Competition and Markets Authority said Thursday.
-
October 08, 2026
The former chief executive of collapsed lender Market Financial Solutions avoided on Thursday an imminent hearing over claims he funneled millions of pounds from a financial intermediary linked to MFS into companies he owned and controlled.
-
October 08, 2026
The Financial Conduct Authority floated plans Thursday to require investors seeking to withdraw money from retail funds heavily invested in illiquid assets, such as property, to provide asset managers with at least 90 days' notice.
-
October 08, 2026
The European Union's insurance watchdog launched a consultation Thursday on reducing the information collected when insurance-based investment products are sold, saying some consumer protection safeguards are too complex.
-
October 08, 2026
The European Securities and Markets Authority called Thursday for crypto-asset providers to halt services in connection with noncompliant stablecoins.
-
October 08, 2026
Aberdeen Group said Thursday it has disposed of approximately half of its holding in insurer Standard Life for around £436 million ($576 million), supported by Slaughter and May.
-
October 08, 2026
The Serious Fraud Office and the government should repay hundreds of thousands of pounds, with interest, that was confiscated from five City traders whose convictions for rate-rigging were quashed, lawyers for the men told an appeals court Thursday.
-
October 08, 2026
Britain's accounting watchdog said Thursday it has fined Deloitte £6.05 million ($8 million) and severely reprimanded the Big Four firm after finding serious failures in its audits of a U.K. transport company.
-
October 08, 2026
Insurers MS Amlin and Lancashire have separately agreed to undisclosed settlement terms with scores of aircraft leasing companies that sued to claw back money for planes stranded in Russia after the country's invasion of Ukraine.
-
October 08, 2026
The U.K. accounting watchdog said Thursday it has closed its investigation into Deloitte's audit of fashion retailer Next unit Joules Group, and will not bring enforcement action.
-
October 07, 2026
Trafigura can keep $22.6 million in payments that a subsidiary of Dubai's Rasmala Investment Bank was deceived into making to the commodities trader, the Court Of Appeal ruled Wednesday, dismissing the bank's appeal.
-
October 07, 2026
Lawyers representing the families of two men killed by police at a Tanzanian gold mine argued at the start of a London trial Wednesday that the trade body for the world's largest gold bullion market had "played a crucial role" in their deaths.