/financial-services-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Financial Services UK Copyright 2025 sa¹ú¼Ê´«Ã½. en-US Tue, 23 Dec 2025 12:33:40 +0000 /financial-services-uk/articles/2424615?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424615 A London court has held that Winros Partnership, formerly known as Rosenblatt Solicitors, can't force an investment company to pay its £6 million ($8 million) legal bill because the law firm chose to ignore a contractual provision designed to allow it to recover the money. Tue, 23 Dec 2025 11:58:04 +0000 /financial-services-uk/articles/2419727?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2419727 A property developer and a Dubai bank have hit back at a claim from a real estate business that alleges they undermined a £260 million ($351.2 million) refinancing deal, saying that there was no chance of the transaction going ahead. Tue, 23 Dec 2025 11:56:07 +0000 /financial-services-uk/articles/2425052?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2425052 An actuary hit with a two-year ban and a fine of almost £23,000 ($31,000) has convinced an employment tribunal that his belief in traditional Islam being problematic and deserving of criticism constituted a protected belief under the Equality Act. Tue, 23 Dec 2025 10:20:11 +0000 /financial-services-uk/articles/2425055?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2425055 Criminals are increasingly using kidnapping, robbery and theft to obtain access to digital assets from crypto exchanges, brokers and individuals, making secure passwords irrelevant, a trade body warned Tuesday. Tue, 23 Dec 2025 10:03:14 +0000 /financial-services-uk/articles/2422507?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2422507 A year after the FCA was criticized for delays, dropped cases and its use of publicity powers, it entered 2025 under pressure to show its enforcement regime had teeth. Tue, 23 Dec 2025 08:28:04 +0000 /financial-services-uk/articles/2425015?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2425015 British investment company Edinburgh Worldwide urged its shareholders on Tuesday to vote against a renewed takeover effort by U.S. hedge fund Saba Capital Management, saying the activist investor's proposals threaten the trust's strategy and its stakeholders' long-term interests.  Tue, 23 Dec 2025 07:42:07 +0000 /financial-services-uk/articles/2420866?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2420866 A French restaurant manager has denied lying about his work history in order to secure a €9.3 million ($11 million) investment from a private equity firm for a food chain venture, saying that the company had backed the deal for his "secret sauce" recipe. Tue, 23 Dec 2025 07:36:43 +0000 /financial-services-uk/articles/2425036?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2425036 A decision by the U.K. Supreme Court to block a £2.7 billion ($3.6 billion) claim against major banks over foreign exchange-rigging has recalibrated the test for when a collective action should be brought through opt-out proceedings, lawyers say. Tue, 23 Dec 2025 06:06:11 +0000 /financial-services-uk/articles/2422602?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2422602 Denmark's stinging defeat in a £1.4 billion ($1.9 billion) tax fraud claim and a U.K. Supreme Court ruling that widens the net for individuals who facilitate fraud are among the defining moments in the biggest commercial fraud cases of 2025. Mon, 22 Dec 2025 14:16:35 +0000 /financial-services-uk/articles/2422988?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2422988 Burges Salmon LLP has denied an investment banker's allegations it negligently led him into a "hopeless" case, telling a London court it advised the financier he was likely to lose his claim that he was excluded from the creation of an investment strategy. Mon, 22 Dec 2025 13:48:44 +0000 /financial-services-uk/articles/2424038?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424038 A mortgage adviser has lost his case that a settlement with his employer to end health insurance and pension-related claims did not compromise a linked appeal, with an appeal tribunal concluding the settlement encompassed the entirety of his case. Mon, 22 Dec 2025 13:23:20 +0000 /financial-services-uk/articles/2424547?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424547 The Financial Conduct Authority is failing to stop financial fraud because criminals are finding ways round its limited actions and technologies, said lawyers, who are calling for government legislation to boost the watchdog's powers. Mon, 22 Dec 2025 11:29:42 +0000 /financial-services-uk/articles/2422978?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2422978 Insurance services company Aon has pinned the blame for the fall of a Gibraltar insurer on the company's directors, shrugging off a negligence claim of more than £50 million ($67 million) over its actuarial work. Mon, 22 Dec 2025 10:22:16 +0000 /financial-services-uk/articles/2418502?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2418502 The judiciary’s recently updated guidance on the use of artificial intelligence warns judges and tribunal members about misinformation and white text manipulation, providing a reminder that AI tools cannot replace direct engagement with evidence and reflecting a broader concern about their application when handling confidential material, say lawyers at Hogan Lovells. Mon, 22 Dec 2025 07:45:41 +0000 /financial-services-uk/articles/2424518?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424518 The Financial Conduct Authority has slapped a pension adviser with a ban on carrying out regulated activity after a series of breaches, including a failure to pay off an arbitration award. Mon, 22 Dec 2025 07:28:10 +0000 /financial-services-uk/articles/2424514?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424514 Two flagship legal tools introduced to help Britain tackle kleptocracy are failing, Spotlight on Corruption has said, as the charity published a report on the flow of illicit money into the domestic economy. Fri, 19 Dec 2025 13:56:07 +0000 /financial-services-uk/articles/2424080?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424080 The Bar Council has warned that making the Financial Conduct Authority the sole anti-money laundering watchdog for professional services firms could disproportionally hit barristers with more regulation and costs, calling on the government to tread carefully with any proposed increase in the financial regulator's powers. Fri, 19 Dec 2025 12:31:37 +0000 /financial-services-uk/articles/2424053?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424053 This past week in London has seen the designer of an 88-facet diamond bring a copyright claim against a luxury watch retailer, collapsed firm Axiom Ince bring legal action against the solicitors' watchdog, and the Post Office hit with compensation claims from two former branch managers over their wrongful convictions during the Horizon information technology scandal. Fri, 19 Dec 2025 12:09:04 +0000 /financial-services-uk/articles/2424019?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424019 The Financial Conduct Authority revealed Friday that it has started an investigation into WH Smith PLC over potential breaches of transparency rules following an independent review that found the retailer's North American division had overstated profit by as much as £50 million ($67 million). Fri, 19 Dec 2025 11:46:47 +0000 /financial-services-uk/articles/2424028?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2424028 The European Union's financial markets regulator said Friday it has chosen EuroCTP as its first consolidated tape provider for shares and exchange-traded funds, in a bid to improve transparency and boost the attractiveness of the bloc's equity markets.