‘The Lord Chancellor spoke during the 38th annual Symposium held at Jesus College, University of Cambridge – to give an update on the government’s progress and plans in relation to economic crime.’
Ministry of Justice, 10th September 2021
Source: www.gov.uk/government/organisations/ministry-of-justice
‘Will England and Mark Watson consider the proposed new duty of care, suggested by the Financial Conduct Authority and the issues it could bring in the current climate.’
Carmelite Chambers, 19th August 2021
Source: www.carmelitechambers.co.uk
‘Customers of doorstep lender Provident Financial can claim compensation for mis-sold loans after the High Court backed a partial repayment scheme.’
BBC News, 4th August 2021
Source: www.bbc.co.uk
‘The 2007-2008 financial crisis and the devastating reminder that banks were not immune from failure, brought about a raft of regulatory changes designed to protect customers and the wider economy. These included, if all else failed, bespoke administration procedures for banks, building societies and investment banks contained within the Banking Act 2009 (“BA 2009”).’
Radcliffe Chambers, 22nd July 2021
Source: radcliffechambers.com
‘The UK’s financial watchdog has announced that it will not formally oppose Provident Financial’s plans for its doorstep lending unit in court, even though it has said it does not support its compensation scheme for customers who were mis-sold loans.’
The Guardian, 14th July 2021
Source: www.theguardian.com
‘The High Court has refused to issue an order to prevent a high-profile collapsed company’s investors from trying in the future to reclaim the legal fees paid by its boss in defending him from a civil claim.’
Legal Futures, 6th July 2021
Source: www.legalfutures.co.uk
‘Binance, the world’s biggest cryptocurrency exchange, has been issued a warning by the UK’s financial regulator.’
BBC News, 28th June 2021
Source: www.bbc.co.uk
‘Britain’s Financial Conduct Authority (FCA) has stated that Binance, one of the world’s largest cryptocurrency exchanges, is not permitted to undertake any regulated activity in the UK.’
The Independent, 27th June 2021
Source: www.independent.co.uk
‘Shares in the UK sub-prime lender Amigo have plummeted on fears that the firm could collapse, after the high court refused to approve a controversial proposal to cap customer compensation claims.’
The Guardian, 25th May 2021
Source: www.theguardian.com
‘Non-court-based digital dispute resolution rules designed for novel technology such as crypto-assets, smart contracts, and blockchain applications have been published today.’
Litigation Futures, 22nd April 2021
Source: www.litigationfutures.com
‘The City regulator has warned social media sites that it may take action if they continue to promote risky and sometimes fraudulent investments to often inexperienced consumers.’
The Guardian, 20th April 2021
Source: www.theguardian.com
‘Financial services businesses should review the way they procure, manage and use data, and consider whether specific new processes need to be developed, to implement artificial intelligence (AI) systems in a way that customers trust, is effective and meets legal and regulatory standards.’
OUT-LAW.com, 14th April 2021
Source: www.pinsentmasons.com
‘The organisation that employs Boris Johnson’s fiancee Carrie Symonds is set to be investigated by the Charity Commission following “serious concerns” over its governance and financial management.’
The Independent, 1st April 2021
Source: www.independent.co.uk
‘Consumer campaigners are urging the government and the City regulator to intervene in a rescue scheme proposed by the sub-prime lender Amigo, saying it could enrich the firm’s directors while some of Britain’s poorest borrowers miss out on up to £1bn in compensation.’
The Guardian, 18th March 2021
Source: www.theguardian.com
‘The City watchdog has begun criminal proceedings against the taxpayer-owned lender NatWest for allegedly failing to prevent money laundering, the first prosecution brought under money laundering regulations introduced in 2007.’
The Guardian, 16th March 2021
Source: www.theguardian.com
‘Helen Brander, barrister of Pump Court Chambers, considers the current treatment by the courts and taxation authorities of crypto-assets.’
Family Law week, 3rd March 2021
Source: www.familylawweek.co.uk
‘The City regulator has halted new business at a company that promises bumper returns from a car hire scheme aimed at people with poor credit ratings, prompting a backlash from the firm at the “bizarre” decision.’
The Guardian, 21st February 2021
Source: www.theguardian.com
‘A law firm which did the conveyancing work on two failed off-plan housing developments was not acting in a role that amounted to operating an unregulated collective investment scheme, the High Court has ruled.’
Legal Futures, 2nd February 2021
Source: www.legalfutures.co.uk
© Inner Temple Library 2021