On September 20, the UK House of Commons Treasury Committee published a letter (Letter) from Andrew Bailey, Chief Executive of the UK Financial Conduct Authority (FCA), dated August 17.
The UK Home Office has announced plans to offer an optional premium service for requests made through the Sponsor Management System (SMS).
In August 2015, the UK Government launched the Financial Advice Market Review (FAMR) to explore how consumers could access help with their finances more easily.
In its recent decision in L R Avionics Technologies Limited v. The Federal Republic of Nigeria & Attorney General of the Federation of Nigeria, the Commercial Court found that that premises owned by Nigeria were not “in use […] for commercial purposes” within the meaning of section 13(4) of the State Immunity Act (SIA) and therefore were not capable of being attached in proceedings for the enforcement of an arbitral award and judgment against the State.
Unprecedented globalisation, coupled with significant concerns around climate change, has taken environmental and social responsibility from a voluntary concept to something more obligatory and enforceable.
Class actions have long been a feature of the US legal landscape. But until October 2015 there was no genuine “class action” procedure in the UK.
The recent Court of Appeal decision in R v Powell and Westwood contains an interesting insight into the extent to which company directors may find themselves personally liable for the cost of remediating contamination which has been caused or knowingly permitted by the companies that they control.
The Government consultation on changes to liability and insurance cover to accommodate automated car technologies closed recently.
The Bank of England (BoE) has issued a consultation paper seeking views on the central bank’s vision for the next generation of its Real-Time Gross Settlement (RTGS) service.
The FCA has published Occasional Paper 21, Asymmetries in Dark Pool Reference Prices.