21 Mar, 2024 The peculiar case of the arbitration that never was – UK Court overturns enforcement order after finding the underlying award was fabricated By Chloe Edworthy Chris Akka What happens when someone tries to enforce an arbitral award when the arbitration never happened? This was the question the Commercial...
06 Mar, 2024 Anti-financial crime controls: the FCA issues a call for action By Lorna Emson Max Hobbs Helen Harvey The Financial Conduct Authority (FCA) wrote a letter on 5 March 2024 to the Chief Executive Officers (CEOs) of “Annex 1” firms. These are...
05 Mar, 2024 Major changes proposed for FCA enforcement regime By Laura Bridgewater Dan Lavender Madeleine Brown The FCA has launched a consultation on changes to its enforcement regime. If enacted, this will be the biggest shake up of the...
04 Mar, 2024 New powers for Companies House By Lorna Emson Helen Harvey Lara Gardiner In an effort to fight economic crime and make it easier to hold corporates to account, the Economic Crime and Corporate Transparency Act...
28 Feb, 2024 Access all areas? Proposed changes to non-party access to court documents By Fred Snowball Concobhar Jolliffe-Grimes The Civil Procedure Rule Committee (CPRC) has launched a consultation on expanding the types of document that non-parties can obtain from...
16 Feb, 2024 PRA unveils its new early settlement scheme – what might the likely impact be and should we expect similar for FCA Enforcement? By Laura Bridgewater Olivia Pearson Madeleine Brown The Bank of England (Bank) recently published its new policy statement, PS1/24 – The Bank of England's approach to enforcement, on the...
15 Feb, 2024 FCA update on reducing and preventing financial crime: what you need to know By Lorna Emson Helen Harvey Francis Bond Alex Taylor +1 more... Show less The Financial Conduct Authority (FCA) has published an update on its three-year strategy to reduce and prevent financial crime. The...
14 Feb, 2024 How many NDAs have you signed? FCA approaches insurers and intermediaries as first recipients of its Non-Financial Misconduct Survey By Lorna Emson Madeleine Brown Olivia Pearson The FCA has this week issued a notice to insurers and insurance intermediaries compelling them to provide it with data about...
12 Feb, 2024 Fake cases and real consequences: the risks of relying on AI in litigation By Jackelyn West Oliver Jeffcott Blaise Kingan The recent case of Harber v HMRC in the First-tier Tax Tribunal (the FTT) has resulted in considerably more commentary over the last...
29 Jan, 2024 "Cards on the table" for claimants who suspect fraud – no exceptions By Nikolas Ireland Madeleine Brown When a claimant pleads fraud, particular rules are applicable to make sure they clearly set out their case. The court has recently...
23 Jan, 2024 Non-financial misconduct – further warning shots fired By Dan Lavender Laura Bridgewater Madeleine Brown There were two interesting developments last week on the regulatory hot topic of non-financial misconduct. This is against the backdrop...
23 Jan, 2024 English High Court dismisses ClientEarth’s Judicial Review claim against the FCA By Chloe Edworthy Rachel Richardson Riley Forson Madeleine Brown +1 more... Show less On 13 December 2023, the English High Court denied ClientEarth’s renewed application for permission to bring a judicial review...
17 Jan, 2024 New Year, New Powers: Serious Fraud Office gains greater powers to compel information at an early stage By Lorna Emson Helen Harvey Lara Gardiner As of 15 January 2024, the Serious Fraud Office (SFO) can now compel individuals and companies to provide them with information before an...
17 Jan, 2024 UK Supreme Court confirms knowing receipt test By Nikolas Ireland Edward Reed Madeleine Brown Trustees live in the knowledge that they will be held to account for breaches of trust, unless (possibly) such breaches qualify as...
12 Jan, 2024 Second fine by PRA for breach of Senior Manager Conduct Rules By Dan Lavender Laura Bridgewater The Prudential Regulation Authority (PRA) has fined the former CEO of Wyelands Bank Plc £118,808 for breaching PRA Conduct Rules over a...
20 Dec, 2023 Norwich Pharmacal Relief: expansion of conditions to include "proper purpose" By Nikolas Ireland Madeleine Brown Isabelle Proctor Earlier this month, in Green v CT Group Holdings Ltd [2023] EWHC 3168 (Comm), the High Court held that Norwich Pharmacal Relief will only...