Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
Check out our straightforward definitions of common legal terms.
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Access our unrivalled global news content, business information and analytics solutions
Insurance, risk and compliance intelligence using big data, proprietary linking and advanced analytics.
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
The All-Party Parliamentary Group (APPG) on Fair Business Banking has published a letter from its co-chair, Kevin Hollinrake, to the governor of the Bank of England, Andrew Bailey, regarding the rumoured bid for the Cooperative Bank by the US hedge fund, Cerberus. While Hollinrake acknowledges that such an approach has not yet been confirmed by the bank, he raises his ‘deep concerns’ about the possibility.
The letter highlights the Cerberus £13.3bn acquisition of the former Northern Rock mortgage book in 2015, which it says left 270,000 mortgage customers with lower levels of regulatory protection. Hollinrake recalls Bailey’s acknowledgment earlier this year, when he was chief executive of the FCA, that the regulator does not have the same level of regulatory oversight of offshore inactive lenders as it does over
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
0330 161 1234