The Justice and Home Affairs Committee (JHAC) has published a letter to the Home Secretary, James Cleverly MP, where it is has questioned the legality of the use of Live Facial Recognition (LFR) technology by police forces in England and Wales. The letter comes after the JHAC investigated the use of LFR technology and found that the use of the technology lacks a clear legal foundation and clear standards and regulations. In response to these concerns, the Committee made recommendations including: a clear legal foundation on the use of LFR technology; a legislative framework for the regulation of the deployment of LFR technology; clear structures and regulation in relation to the use of LFR technology and independent scrutiny; that any regulations should be future proofed to account for advancements in technology; and consistency in training and in the use of LFR across England and Wales.

Relevant articles The Journal of International Banking and Finance Law includes many useful articles on EMIR which can be linked to from this page. These articles are only available to Lexis+® UK Legal Research subscribers. Date Article Brief description of article 1 April 2019 The tide goes out: the structure of UK financial services legislation post-Brexit: Part 3 (2019) 4 JIBFL 219 Deborah Sabalot concludes the survey and looks as some unique legislative ‘solutions’ and the creation of hybrid instruments which are law but look like rules, as the powers of EU institutions are transferred to the UK financial regulators and put in place the framework necessary to extricate the UK from the EU. 1 March 2019 The tide goes out: the structure of UK financial services legislation post-Brexit: Part 2 (2019) 3 JIBFL 147 Deborah Sabalot covers the specific legislation applicable to banking and financial services legislation in the UK post-Brexit. 1 February 2019 Clearing the euro: temporary solution only on offer in a no-deal Brexit (2019) 2 JIBFL 121 Anthony Morton, a banking

Relevant articles The Journal of International Banking and Finance Law includes many useful articles on and related to MiFID which can be linked to from this page. These articles are only available to Lexis+® UK Legal Research subscribers. Date Article Brief description of article 1 May 2018 ‘The enforcement of basic norms of commerce and of fair and honest dealing’: holding banks to higher standards (Part Two) (2018) 5 JIBFL 294 In this article, Gerard McMeel continues the discussion of when a bank is a ‘fiduciary’, focusing on policy arguments favouring enhanced standards of behaviour for financial intermediaries. 1 April 2018 The English law rights of investors in Initial Coin Offerings (2018) 4 JIBFL 214 In this article, the authors consider, as a matter of English law, the rights and liabilities of parties to an Initial Coin Offering. 1 April 2018 Do the FCA's Principles for Business require a firm to give the best advice? (2018) 4 JIBFL 246 In this article, the author considers whether the Financial Conduct Authority's (FCA) high-level Principles for Business indirectly

Relevant articles The Journal of International Banking and Finance Law includes many useful articles on LIBOR transition for banking and finance lawyers which can be linked to from this page. Date Article Brief description of article 1 January 2025 Ending LIBOR: a landmark ruling on Tough Legacy contracts (2025) 1 JIBFL 14 Paul Sinclair KC, barrister at Fountain Court Chambers, discusses the court's decision in Standard Chartered PLC v Guaranty Nominees Ltd [2024] EWHC 2605 (Comm) where Standard Chartered sought a ruling on substituting LIBOR with a similar rate after synthetic LIBOR stopped in 2024. The court ruled that an implied term was needed for business efficacy. It endorsed CME Term SOFR with a spread adjustment as an objective alternative to LIBOR, enhancing contractual certainty for future cases. This decision underscores the Financial Markets Test Case Scheme's value in resolving key financial uncertainties. 1 August 2024 Fixed rate loans: tough break (costs) for borrowers (2024) 8 JIBFL 510 Hodge Malek KC and Cleon Catsambis, barristers at 3 Verulam Buildings, consider the recent

Relevant articles The Journal of International Banking and Finance Law (JIBFL) includes many useful articles for banking and finance lawyers which reference the LMA and its documentation. We have listed the key articles of interest since 2015 in this Practice Note in inverse chronological order. Date Article Brief description of article 1 July 2025 Layering it on thick: the evolution of the super senior intercreditor agreement (2025) 7 JIBFL 450 This article considers the LMA's super senior/senior intercreditor agreement for use on European direct lending transactions. While this document has become the starting point for intercreditor agreements on almost all of these transactions in Europe, there have been a number of evolutions to its terms since its inception to reflect the requirements of financial sponsors as they look at more complex capital structures to meet the financing needs of their portfolio companies. This article tracks some of these developments and looks ahead to further changes which may be on the horizon.Written by Lee Federman, partner, and Mamoun

HM Treasury has approved updates to Joint Money Laundering Steering Group (JMLSG) Guidance relating to customer verification, discrepancy reporting and sector guidance for wholesale markets as published in July 2023 (Part I para 5.3.89), October 2023 (Part I paras 5.3.129A–C), and September 2024 (Part II sector 18).

The Joint Money Laundering Steering Group (JMLSG) is consulting on proposed amendments to Sector 18 (Wholesale markets) in Part II of its Guidance. Responses are sought by 1 July 2024.

The Joint Money Laundering Steering Group (JMLSG) has published a consultation on proposed revisions to Part I of its Guidance. These revisions include new paragraphs and amendments related to local authorities, professional deputies, group companies, intermediaries as agents of customers, and outsourcing. The proposed changes are available in a marked-up format under the Consultations tab on their website. Responses are sought by 28 March 2025 to caroljsmit@jmlsg.org.uk.

The Joint Money Laundering Steering Group (JMLSG) has launched a consultation on proposed revisions to Part I of its guidance. These changes aim to update sections including Chapter 3 and paragraphs 6.90–6.99 to strengthen compliance with anti-money laundering and counter-terrorist financing requirements. Stakeholders are invited to review the draft revisions and submit comments by 14 January 2026 to ensure the guidance remains effective and aligned with regulatory expectations.

The Joint Money Laundering Steering Group (JMLSG) has published final amendments to Part I of its guidance, revising Paragraphs 2.9, 5.2.4A, 5.3.94A, 5.3.99, 5.3.142, and Annex 5-V. The amendments have been submitted to HM Treasury for Ministerial approval and are accessible under the ‘Revisions’ tab on the JMLSG website. The amendments follow a consultation on Part I published in June 2026.

The Joint Money Laundering Steering Group (JMLSG) has published amendments to Part 2, Sector 17 (Syndicated Lending) of its guidance on anti-money laundering and countering terrorist financing (AML/CTF). The new text has been approved by the JMLSG Board and submitted to HM Treasury for ministerial approval.

The Joint Money Laundering Steering Group (JMLSG) has published proposed amendments to Part I of its Guidance to reflect the Money Laundering and Terrorist Financing (Amendment) Regulations 2026, as laid and yet to be made. Responses to the proposed revisions are sought by 29 June 2026.