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About Financial Services Law

It’s the known unknowns and the unknown unknowns that make Financial Services such a fascinating and challenging area of law. Advising clients in the here and now, or helping them plan ahead, how are you sure you haven’t missed something?

Financial Services Enforcement Database

Our Financial Services Enforcement Database includes hundreds of FCA, PRA and PSR enforcement actions. Searches can be filtered by multiple criteria such as rule breach, saving lawyers time and money.

FCA Consumer Duty

Our resources enable customers to stay updated with key developments. Materials include details on the rules and guidance, analysis, sectoral implications, a timeline, and checklists on key compliance issues.

Key developments and horizon scanning

Our current awareness offering includes daily, weekly and intraday alerts. We have a suite of comprehensive horizon scanners and timelines on many topics, enabling lawyers to stay on top of regulatory changes

Sustainable finance and ESG

Sustainable finance and ESG are becoming increasingly important for financial institutions and their lawyers. Our practical guidance, summaries, timelines and toolkits help practitioners navigate this complex area

Our Top Sources

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Latest Financial Services Q&As

Q&As
Does an insurance intermediary act as agent of the 'insurer' or agent of the 'insured' when distributing insurance products online under the following types of agreements with its insurer panel: a) standard 'Terms of Business' agreements (with no delegated authority), b) full Delegated Authority agreements? What would be the consequences of being found to be agent of the 'insured' and 'insurer' respectively eg liability, regulatory implications such as disclosures to customers under ICOBS? This would be in the context of the distribution of insurance rather than the collection and payment of premium (in the latter context the intermediary would act as the agent of the insurer).
Q&As
'A' is not a regulated entity with the FCA and wishes to lend money to an individual in which the security is to be a first legal charge over a dwelling. The dwelling is not the residence of the borrower, but a property occupied by tenants on assured shorthold tenancies. Would it be possible for a non-regulated entity to lend money to be secured as a first legal charge over an investment property?
Q&As
If a person is exempt from carrying on a regulated activity and therefore not required to be authorised, is a loan made by that person or company to an employee also exempt, ie the loan would not be a regulated mortgage contract under the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 and FCA's Perimeter Guidance manual?
Q&As
What are the key elements of UK commodity derivatives regulation?
Q&As
What is an approved reporting mechanism (ARM)?
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Associated legal terms

Article 70 exclusion

Exclusion which applies to the regulated activities of dealing as principal or agent, arranging deals and giving advice in connection with the purchase or sale of shares in a company.

Reporting fund

An offshore fund that has applied for and been approved as a reporting fund, and that has not voluntarily left the reporting fund regime under regulation 116 of the Offshore Funds (Tax) Regulations 2009 (OFTR 2009) or been excluded by HMRC under OFTR 2009, reg 114).

Specified investment

A specified activity or investment is one that has been specified as such in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (RAO).
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