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FOS consults on updating its funding model

The Financial Ombudsman Service (FOS) has launched a consultation on updates to its funding model with proposed changes to its case fee structure and billing processes. The consultation outlines options to differentiate case fees based on either the stage at which a complaint is resolved or the outcome of the case, with lower fees proposed for cases that are not upheld. It also proposes replacing the current free case count with a £2,000 annual monetary allowance for respondent businesses and professional representatives. It further proposes introducing quarterly billing in advance for firms and professional representatives forecasted to have 25 or more cases annually. Responses are sought by 8 October 2025. Feedback is intended to inform the 2026/27 Plans and Budget consultation in November 2025, with implementation of approved changes expected from 1 April 2026.

Tweaks to AML Regs offer flexibility but only modest change

Law360, London: Plans to reform the UK'sfight against dirty money promise to cut red tape and strengthen ties between enforcement bodies, but lawyers say they are not convinced the measures will reduce their compliance burden or fundamentally strengthen the regime.

EBA publishes report on SupTech use in AML/CTF supervision

The European Banking Authority (EBA) has published a report assessing how EU national competent authorities (NCAs) are using supervisory technology (SupTech) in anti-money laundering and countering the financing of terrorism (AML/CTF) supervision. Based on a 2024 survey of NCAs and a 2025 workshop, the report supports the implementation of the EU’s new AML/CTF framework, which includes the establishment of the Anti-Money Laundering and Countering the Financing of Terrorism Authority (AMLA) to coordinate supervision at EU level.

FCA Woodford ban signals risks of star fund managers

Law360, London: The decision by the Financial Conduct Authority (FCA) to provisionally fine and ban former fund manager, Neil Woodford, has sent a lesson to companies across the finance sector that the star status of some senior managers is up for review in London.

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If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Contributory negligence in personal injury claims

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

Glossary—Latin legal terms

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