Finally: the FCA policy statement on non-financial misconduct – Doughty Street Chambers

Posted January 6th, 2026 in news by sally

‘On 12 December 2025, the Financial Conduct Authority (FCA) published its Policy statement PS25/23: Tackling non‑financial misconduct in financial services, which amends its Code of Conduct (COCON) sourcebook and provides guidance to those changes; and explains how non-financial misconduct (NFM) forms part of the Fit and Proper test for Employees and Senior Personnel (FIT) sourcebooks. The policy statement contains final guidance on NFM in the financial services sector, and aims to help firms who asked for additional support to tackle bullying, harassment and violence.’

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Doughty Street, 5th January 2026

Source: insights.doughtystreet.co.uk

Liquidators and liability caps: the Core VCT litigation – Gatehouse Chambers

Posted January 6th, 2026 in news by sally

‘The dispute arose from a (solvent) members’ voluntary liquidation of three venture capital trust companies (the Core VCT companies). In March 2015, Begbies Traynor (Central) LLP entered into letters of engagement with the directors of these companies. These letters contemplated the appointment of Mark Fry and Neil Mather as joint liquidators and contained standard terms of business including a £1m aggregate liability cap.’

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Gstehouse Chambers, 1st January 2026

Source: gatehouselaw.co.uk

New powers to seize phones from migrants come into force – BBC News

Posted January 6th, 2026 in news by sally

‘New powers allowing mobile phones to be seized from illegal migrants without arresting them have come into force.’

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BBC News, 4th January 2026

Source: www.bbc.co.uk

Teenagers who posed for selfies after killing homeless man jailed – The Independent

Posted January 6th, 2026 in news by sally

‘Three teenagers who posed for selfies after killing a 51-year-old homeless man outside King’s Cross station have been sentenced to a combined 23 years in prison.’

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The Independent, 5th January 2026

Source: www.independent.co.uk