Gain insights on effectively holding financial institutions accountable while nurturing a culture of ethical conduct and compliance. This guidance offers essential strategies for professionals dedicated to maintaining and elevating standards in the financial sector. Explore approaches to strengthening social governance frameworks that not only meet regulatory demands but also promote corporate responsibility. These resources are designed to aid legal teams in guiding financial entities towards sustainable and socially responsible operations.
A round-up of financial services developments, including (among other things) AMLA publishes ITS on FIU co-operation and reporting to the EPPO....
This week's edition of Financial Services weekly highlights includes: FCA consults on Consumer Duty application clarifications; ESAs launch...
A round-up of financial services developments, including (among other things) Partial suspension of the motor finance scheme: FCA sets out...
Law360, London: The Financial Conduct Authority’s £7.5 billion redress schemes for motor finance customers will be partly suspended after the first...
Financial Conduct Authority—Principles for Businesses (PRIN)This Practice Note explains the Principles for Businesses (PRIN) set down by the Financial...
The Competition and Markets Authority (CMA) has identified several breaches by Monzo Bank Limited (Monzo) of the Retail Banking Market Investigation...
Insurance conduct regulation—COBS and ICOBSThe Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of...
Second charge mortgage regimeSecond charge mortgages definedA regulated second charge mortgage is a loan secured on a borrower’s property that is used...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
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