This week's edition of Financial Services weekly highlights includes: the FCA’s procedural withdrawal of a financial penalty in the cum-ex case involving Nailesh Teraiya; a Supreme Court ruling addressing the legal status of undisclosed car finance commissions in three related cases (Hopcraft v Close Brothers, Johnson v FirstRand Bank, and Wrench v FirstRand Bank); and the FCA’s imposition of a £1.1m fine on Sigma Broking for transaction reporting deficiencies; plus dates for your diary over the coming week.