The House of Lords recently confirmed that it had overruled the Court of Appeal's controversial decision on legal advice privilege in the <I>Three Rivers </I>litigation. Full reasons for the decision are expected in October and so it remains to be seen whether the boundaries of legal advice privilege have again been redefined or whether the House of Lords has simply rejected the Court of Appeal's restrictive interpretation and confirmed the previous position.

The UK FCA has published its final guidance to help advisers calculate the redress owed to customers who complain about an unsuitable transfer from a DB pension scheme into a personal pension scheme.

New rules requiring disclosure of pension scheme investment costs will come into force in April, the government has confirmed.

The BoE's plans are open to consultation until 27 February 2018.

The UK would be expected to apply EU law "as if it were a member state" during any post-Brexit transition period, EU leaders have said.

Fund managers will be required to respond to requests for transaction costs from pension schemes from next year, the Financial Conduct Authority (FCA) has announced.

The Financial Ombudsman Service (FOS) is anticipating a "significant increase in demand" for its services in the run-up to the August 2019 deadline for complaints about potentially mis-sold PPI.

The 2019 deadline for complaints related to mis-sold payment protection insurance (PPI) is driving up the number received by firms, which have increased to their highest level in more than four years.

A "detailed review" of driving laws has been commissioned by the UK government in a bid to ensure UK legislation is fit to support a future of autonomous vehicles.

The Central Bank of Bahrain will create a regulatory sandbox for startups and financial technology, or fintech, firms to test their products.

Latest fortnightly round-up of insurance, legal and business developments with analysis and commentary from the insurance team at Pinsent Masons.

The consultation is proposing that the Insolvency Service be given the power to require information to inform any investigations into former directors.

The European Securities and Markets Authority (ESMA) has fined Moody's Germany €750,000 and Moody's UK €490,000 for two breaches of the Credit Rating Agencies Regulation (CRAR).

Innovative financial technology businesses in Hong Kong or Singapore are set to benefit from a new cooperation agreement that will help them expand their operations into the other jurisdiction.

Banks could be forced to contribute to the setting of a major benchmark interest rate where necessary to ensure the rate is "representative", the UK's Financial Conduct Authority (FCA) has said.

The Financial Conduct Authority (FCA) has released its business plan for 2018/19, focusing heavily on the resources needed to deal with the UK's withdrawal from the EU.

Insurance policies often require immediate notice of an incident that could lead to a claim, but this need not be regarded as a condition precedent or pre-condition. The idea is to let the insurer know that a claim may be on its way and not necessarily a sign that it’s time to investigate or deny cover.

The UK government has published plans for a Bill that will allow it to impose global sanctions after it leaves the European Union.

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Members of the House of Lords have criticised the government's decision not to include the proposed ban on cold calling relating to pensions in its Financial Guidance and Claims Bill.