04/15/2025
Individual charged with carrying on an unauthorised business and misleading investors
The FCA alleges that Mr Burford repeatedly misrepresented the value of the funds and the amount of money he had lost while trading.
Legal, Regulation & Compliance
04/15/2025
FCA establishes presence in the United States and Asia-Pacific
The role will focus on supporting financial services firms to navigate regulation to enter the UK market or raise capital and provide UK firms with support expanding into the APAC region.
04/15/2025
Bird & Bird and OXYGY announce together with the European Commission the use cases selected for third cohort of European Blockchain Sandbox
The team are pleased to present the use cases selected for the 3rd cohort of sandbox dialogues.
04/15/2025
UK collects just 3% of fines from offshore firms breaching property transparency rules
The UK has collected only 3% of the financial penalties issued to offshore companies failing to comply with transparency laws designed to reveal the true owners of UK property.
04/14/2025
The FCA shines light on trading apps and consumer behaviour
The review assessed the business models, product offerings and services of 12 trading app firms, identifying both positive practices and areas needing improvement.
04/14/2025
Swiss Bank Reyl at center of anti-money laundering scandal
At the heart of the storm is Reyl, a Geneva-based boutique bank that has long marketed itself as a discreet and customer-focused institution for wealthy international clients.
04/14/2025
Santander announce major change for all its UK customers
The banking giant is set to make a significant change likely to affect millions of people in the UK from next month
04/11/2025
Empowering Europe: boosting strategic autonomy through the digital euro
Consumers are increasingly choosing to use digital means of payment in shops, and they are also making ever more purchases online. Y
04/11/2025
CP8/25 – Regulated fees and levies: Rates proposals for 2025/26
Consultation paper 8/25
04/11/2025
FCA’s AIFM shake-up sparks industry response
A Call for Input launched today outlines plans to recalibrate how managers are classified and regulated, with the goal of supporting growth, competitiveness and innovation in the UK’s investment sector.
04/10/2025
Prudential Regulation Authority Business Plan 2025/26
This year’s business plan reflects the evolution of our priorities, and in particular the work we are doing to deliver our new secondary objective on competitiveness and growth.
04/10/2025
Seventy Ninth Group issues ‘payments moratorium’ update amid mounting concerns
The City of London Police is currently investigating the group
04/09/2025
Enhancing UK asset management competitiveness: Five questions every fund should ask their AIFM host
Firms can choose to do this themselves but some appoint a regulated third party as their AIFM host.
04/09/2025
Support for innovative products and new firms part of new FCA work programme
In the first year of its new strategy, the FCA will be a smarter regulator, support growth, help consumers and fight crime.
04/08/2025
Rules for investment managers to be reformed to support growth
Asset managers are crucial for the financial wellbeing of millions and play a key role in capital formation for the UK economy.
04/08/2025
EBA publishes its Peer Review on the performance of stress tests by Deposit Guarantee Schemes
By rigorously assessing the performance of DGS stress tests, the EBA aims to continuously enhance the preparedness of DGS to handle bank failures and safeguard depositors' funds.
04/08/2025
UK’s FCA proposes overhaul of alternative asset management regime
The proposed changes seek to ease market entry, boost growth, enhance competition, and foster innovation in the sector.
04/08/2025
Efama calls for pan-Europe pensions change to boost returns
Efama is advocating targeted reforms to increase provider participation and drive demand.
04/07/2025
UK Motor Finance Cases: Supreme Court Appeal
Intervening in the case, the NFDA took a similar stance to the Appellants — that motor dealers should not be considered fiduciaries — and disagreed that, in accepting commissions, the dealers had taken bribes.
04/07/2025
HMRC hikes late payment charge to 8.5%
This is the result of frozen tax thresholds and rising wages dragging people into higher tax brackets, as well as many people having to file self-assessment for the first time.