Financial Services & Tax

Articles

16 Aug 2023

CMA takes action against the Co-operative Bank for breaching Part 3 and Article 56 of the Retail Banking Order

CMA finds breaches of Part 3 and Article 56 of the Retail Banking Market Investigation Order 2017 and the Co-operative Bank has agreed to take action to prevent a recurrence

10 Aug 2023

Crypto assets: English high court sets precedent for cross-border recovery

A landmark ruling in the English High Court facilitates offshore crypto asset recovery amid evolving regulatory landscape

10 Aug 2023

FCA requests data from banks on account closures

The UK's Financial Conduct Authority has sent an information request to the largest banks and building societies, a week after announcing an investigation into 'freedom of expression and the provision of banking services'.

2 Aug 2023

Travers Smith bolsters Asset Management offering with strategic Funds partner hire

Travers Smith LLP has bolstered its Asset Management client offering with the hire of Tosin Adeyeri as a partner in the Funds group, further strengthening its expertise in private funds formation and secondaries work.

31 Jul 2023

Gen Z, crypto and getting on the property ladder  

Crypto enthusiasm impacts property ownership, prompting blockchain's compliance potential, says Henry Burrows

27 Jul 2023

Regulators to improve complaints scheme

The Financial Conduct Authority, the Prudential Regulation Authority and the Bank of England have revised their complaints procedure, following a consultation.

26 Jul 2023

Treasury Committee demands action on exploited tax reliefs

An investigation is needed into the cost of over a thousand tax reliefs which complicate the tax system and are open to abuse, the Treasury Committee says.

26 Jul 2023

Court of Appeal allows 'opt out' foreign exchange collective action against six banks

The court ruled on 25 July that FX Claim UK, a collective action against six banking groups that include Barclays and Citibank, can proceed as 'opt out' collective proceedings