09/22/2025
Over 270,000 motorists to receive £200m in motor insurance compensation after insurers improve their claims processes
Insurers have now overhauled their claims processes in line with the regulator’s Consumer Duty.
Legal, Regulation & Compliance
09/22/2025
Board Digest - September 2025
I hope that all PFS members will consider joining us for both events.
09/19/2025
TLT advises K3 Capital Group on investment into two financial advisory firms
Luna Investment Management provides specialist investment management services to private clients and their advisors across the UK, underpinned by award-winning technology.
09/19/2025
Dentons advises Acuity Knowledge Partners on its acquisition of Ascent
The transaction, which is expected to close on 30 September 2025, is expected to significantly expand Acuity’s Data and Technology Services (DTS) division and enhance its offering of technology and AI-driven services and solutions.
09/19/2025
Communities use rules to successfully maintain access to cash
The rules mean that before banks and building societies change cash services, such as closing a branch or ATM, they must assess the impact.
09/19/2025
This time is never different: the importance of safeguarding financial stability
It is my pleasure to welcome you all to the ECB Annual Research Conference, a flagship event that brings together researchers from academia and central banks with policymakers.
09/19/2025
What resilience takes: strengthening the financial system in an era of heightened risk
Trust in money depends, above all, on our ability to deliver on these tasks, thereby safeguarding the value of the currency.
09/18/2025
Prompt payment push: UK Government to support SMEs by getting tough on late payments
To combat this, the Government has launched a consultation on reforms to the current late payment regime, with proposals aimed at strengthening and modernising existing measures.
09/18/2025
FCA shares proposals to promote good business practices amongst crypto firms
The rules aim to be proportionate, allowing UK firms to compete internationally.
09/17/2025
FCA figures show only a third of retirees access pensions with advice
This continued growth highlights how more people are leaning on their pensions earlier, often to meet rising living costs and fill income gaps elsewhere.
09/17/2025
Europe's maze of bank regulation needs to be simplified
Guest contribution by Michael Theurer in Financial Times online
09/16/2025
FCA launches £1 million campaign to raise awareness of motor finance compensation scheme
New research commissioned by the FCA shows that 79% of motor finance customers are aware that they may be owed compensation and 61% of a possible compensation scheme.
09/16/2025
ECB consults on managing legacy NPEs in less significant institutions
LSIs are banks that are directly supervised by their national competent authorities (NCAs); and which are typically smaller than significant institution (SIs), which are directly supervised by the ECB.
09/16/2025
One in four wealthy people plan to leave pensions to family, but many are in dark about new IHT raid
The Government announced in last Autumn's Budget that it will make pensions liable for inheritance tax like other assets such as property, savings and investments starting from April 2027.
09/16/2025
BoE faces tricky balancing act as employee numbers fall while wage growth still high
Early estimates for August reveal the number of payrolled employees was 30.3 million, a fall of 0.4% compared to August 2024 and equivalent to 127,000 less employees.
09/15/2025
US financial giants boost UK investments and jobs across London, Edinburgh, Belfast and Manchester
The Government has announced over £1.25 billion of inward investment from US finance companies, creating 1,800 UK jobs.
09/12/2025
Guernsey Financial Services Commission Launches Digital Finance Initiative
This Forum will use roundtables and workshops to gather insights from practitioners to inform the development of policy improvements on which the Commission will then formally consult.
09/12/2025
ECB Governing Council amends ECB FINREP Regulation to strengthen supervisory assessment of credit risk
Nine additional data points incorporated into the FINREP data point reporting framework, with a first reporting reference date of December 2025
09/12/2025
Chancellor commits to explore pro-growth tax reforms to support small businesses opening new premises
Small businesses could find it easier to expand and employ more people, thanks to government commitment to make business rates fairer.
09/12/2025
EU Bank Watchdogs Must Be Bold in Simplifying Rules, Nagel Says
“We should boldly move forward on this path,” Bundesbank President Joachim Nagel said in a speech in Frankfurt on Friday.