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This week's edition of Financial Services weekly highlights includes: HMT policy statement sets out proposed Consumer Credit Act 1974 reforms; FCA CEO...
A round-up of financial services developments, including (among other things) PRA publishes PS13/26—Insurance third-country branches; and FCA consults...
A round-up of financial services developments, including (among other things) AFME, IA and UK Finance call for ‘full, high-quality’ consolidated tape....
The International Capital Market Association (ICMA) has published an amendment to the ICMA Primary Market Handbook to include the new ‘Appendix C1...
Complaints handling by financial services firmsThe rules for how firms should deal with complaints by customers are contained in the Dispute Resolution: Complaints Sourcebook (DISP) in the Financial Conduct Authority (FCA) handbook.DISP 1 contains rules and guidance on how firms should deal with
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
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
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
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