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  • Article

    Barclays Fined For Failings Relating To London Gold Fixing

    The FCA announced that it had fined Barclays Bank Plc £26 million for systems and controls failings and failing to manage conflicts of interest.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Buy-Now, Pay-Later: What The Future Will (And Might) Hold For The Sector

    In this article, first published by Butterworths Journal of International Banking and Financial Law (JIBFL), Dil-veer Kang and Jean Price examine the new regulatory perimeter, how the proposals aim to meet the requirements for proportionality and protection and what the alternatives might be for existing lenders...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
Article

Consultation On Strengthening Accountability In Banking

On December 19, 2014, the UK’s PRA and FCA published a joint consultation paper on strengthening accountability in banking.
United KingdomFinance and Banking
A&O Shearman
A&O Shearman
  • Article

    Directors Disqualified For Misuse Of Investment Funds

    The UK Insolvency Service reported that two former directors of Connaught Asset Management have both been disqualified from controlling or managing a company for a period of 9 and 7 years respectively.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Distressed Disposals And Non-pro Rata LMEs

    English law-governed intercreditor agreements increasingly feature distressed disposal provisions that enable liability management exercises with non-pro rata outcomes for equally-ranked creditors.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Draft UK Legislation To Amend The Special Administration Regime For Investment Firms Published

    On January 10, 2017, the UK Government published draft legislation to amend the Special Administration Regulations, i.e. The Investment Bank (Amendment of Definition) and...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Consults On Approach To Financial Promotions In Social Media

    On August 6, 2014, the Financial Conduct Authority launched a consultation setting out its proposed approach to financial promotions in social media.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Consults On Revised Client Money Rules For Isas

    On 11 June 2014, the FCA published a consultation paper on proposed changes to its client money rules for individual savings accounts.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Factsheet On Review Of The Calculation Of The Clearing Threshold By NFCs

    The UK Financial Conduct Authority published a review finding factsheet on the calculation of the clearing threshold by non-financial counterparties.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Launches Wholesale Sector Competition Review

    The FCA launched a review of competition in the wholesale sector, publishing a call for input from market participants and stakeholders.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Publishes Discussion Paper On The Disclosure Of Climate Change Risks By Listed Companies

    On 15 October 2018, the Financial Conduct Authority (FCA) published a discussion paper proposing changes to the disclosure of climate change risks by listed companies.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Publishes Market Watch No. 54

    On 8 November 2017, the FCA published Market Watch No. 54, which covers issues regarding current market conduct and transaction reporting. Included in the review is a reminder for firms ...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Publishes Policy Statement On New Rules On Competition For Exchanges

    The FCA published its final new rules on competition for recognized investment exchanges and recognized overseas investment exchanges.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    FCA Reviews Industry For Reporting Compliance Under EMIR

    The FCA published the outcome of its second review into how the industry has dealt with the derivatives reporting obligation under the EMIR.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Financial Conduct Authority Bans Former Trader From UK Financial Services Industry - March 2016

    On March 8, 2016, the FCA published a final notice that it had banned Gary Harold Arthur Fincher from the UK financial services industry.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Financial Conduct Authority Bans Peter Charles Bottomley From UK Financial Services Industry

    On March 8, 2016, the FCA published a final notice that it had banned Peter Charles Bottomley from the UK financial services industry.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Financial Conduct Authority Consults On Retail Distribution Restrictions Of Contingent Convertible Securities

    On October 29, 2014, the UK’s Financial Conduct Authority issued a consultation paper on restrictions on the retail distribution of regulatory capital instruments.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Financial Policy Committee Given Certain Macro-Prudential Powers Of Direction

    On March 25, 2015, UK legislation was enacted which gives the BoE’s FPC power to issue directions to the PRA and the FCA for certain macro-prudential measures.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    HM Treasury Reports On Enforcement Processes Of Financial Conduct Authority And Prudential Regulation Authority

    The UK HM Treasury published a final report on the fairness, transparency, speed and efficiency of the institutional arrangements and processes for enforcement decision-making...
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Lloyds Banking Group Fined For Failures To Handle PPI Complaints Fairly

    On June 4, 2015, the Financial Conduct Authority issued a final notice imposing a fine of £117m on Lloyds Bank Plc, Bank of Scotland Plc and Black Horse Ltd.
    United KingdomFinance and Banking
    A&O Shearman
    A&O Shearman
  • Showing 901–920 of 7457 results

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