Home / Financial Services

Legal News

LSB joins UKRN to foster collaboration and consumer protection

Copyright © 2025 LexisNexis

Published on: 03 October 2023

Published by LNB News

LNB News 03/10/2023

Document Information

Issue Date: 03 October 2023

Published Date: 03 October 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Lending Standards Board (LSB) has announced its membership of the UK Regulators’ Network (UKRN). The LSB states that the partnership will further enhance collaboration among regulators from various sectors, promoting better outcomes for consumers, SMEs, and the economy. Members of the UKRN include many of the key regulators in the financial services industry and associated sectors, including the Financial Conduct Authority (FCA), the Payments Systems Regulator (PSR), the Information Commissioner’s Office (ICO), The Pensions Regulator (TPR), Ofcom, and Ofgem.

Popular documents

Priority between loss reliefs in loss making companies

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 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

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Can shares in a limited company that have not been paid-up at all be cancelled?

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