One of the heaviest responsibilities a turnaround consultant or insolvency practitioner bears is advising management whether they are justified in continuing to trade where a company is in financial distress and its survival is not certain.

The High Court has ruled that the entitlement to redact documents survived the coming into force of the CPR and applied equally to the right to inspect under CPR 31.14 and to the requirements of standard disclosure...

The face of fraud has changed considerably over recent years in the light of new technology. The Fraud Act, which came into force on 15 January 2007, is the latest attempt to tackle growing levels of financial crime. The Act is a complete overhaul of the criminal offences available for prosecuting fraudsters. It provides new avenues for combating fraud and aims to simplify the prosecution process.

Legislation giving UK households the legal right to request a fast broadband connection has passed into law.

Businesses based outside of the UK will have to disclose details about their ultimate owners when buying property in the country, under plans to be taken forward by the UK government.

In October 2004 the Court of Session issued a decision in the case of Melville Dundas Ltd v George Wimpey UK Ltd which appeared to take a significantly different approach to that taken in England, to the interpretation of the payment provisions of the Housing Grants Act

Six new banks have joined a UBS-led group developing a "utility settlement coin" (USC) for financial trading, the Financial Times has reported

Crowdfunding platforms will be able to provide their services across the whole of the EU via a system of regulatory 'passporting' under new laws proposed by the European Commission.

The European Parliament has adopted an agreement which will remove the barriers to the cross-border distribution of investment funds sold under European directives.

The US will re-impose the economic sanctions against Iran that were lifted in 2016, in response to what it has described as "bad faith" by the Middle Eastern state.

Legislation has still to be adopted in Spain to implement the EU's second Payment Services Directive (PSD2).

Baker Tilly had argued that the guidance used by the FRC in determining whether a case satisfied the public interest test for proceeding to a formal complaint was unlawful.

Consumer complaints about self-invested and small self-administered pension products increased by a third last year, in the aftermath of more flexibility around pension savings, according to the FOS.

Individuals seeking to transfer their pension savings out of a defined benefit (DB) pension scheme are receiving suitable advice in fewer than half of cases, the Financial Conduct Authority (FCA) has found.

The UK's state-backed pensions scheme, the National Employment Savings Trust (NEST), has asked for limits to be put on pensions freedoms to protect its members from losing retirement savings.

The UK Financial Conduct Authority (FCA) has issued an alert to all principals with appointed representatives or introducer appointed representatives (appointed representatives). The alert highlights some risks there may be for principals in their relationships with their appointed representatives.

The FCA said it wanted to establish how platforms compete with each other.

Financial firms could be made subject to a new duty of care, requiring them to exercise "reasonable skill and care" when providing services to consumers, the financial regulator has indicated.

The use of the nerve agent Novichok in a recent attack against Sergei and Yulia Skripal in Salisbury has exposed a gap in coverage in most business interruption (BI) insurance policies ...

A new study has highlighted major differences in the way bitcoin and initial coin offerings (ICOs) are regulated across the world.