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The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
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Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
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The failed attempt by Nord Stream to recover €580 million ($662 million) for damage to gas pipelines underlines how far broadly worded war exclusions can reach and could influence insurance disputes that arise from geopolitical conflicts, lawyers say.
Many U.K. cryptocurrency companies will fail to achieve authorization under the Financial Conduct Authority's new regime when it goes live in October 2027, lawyers have warned.
Prime Minister Keir Starmer announced plans on Monday to step down after losing the support of the Labour Party for him to stay on, clearing the way for former Manchester mayor Andy Burnham to launch his bid for the top job.
New legislation laid out in the King's Speech on Wednesday included the government's plans for a bill to strengthen trading ties with the European Union alongside an Enhancing Financial Services Bill in the next 12 months, but lawyers warn that the scope remains limited with potential unexpected consequences.
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July 15, 2026
Britain's retirement savings watchdog has said its work over the next five years will be driven by raising governance standards and ensuring value for money, while it seeks to improve sustainable outcomes for people at retirement.
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July 15, 2026
The government should ban the use of "non-risk factors" in insurance pricing, a consumer group has said, adding that a lack of transparency in underwriting raised the risk of discrimination against vulnerable consumers.
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July 15, 2026
Saudi Reinsurance Co. has said it has agreed to acquire a minority stake in AdA Risk Holding Co. Ltd., a London-based specialty underwriting firm, as the reinsurer seeks to strengthen its position in the Lloyd's market.
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July 15, 2026
The U.K. should start working now on major legal and public policy changes to account for the rising number of consumers using chatbots for financial advice, the governor of the Bank of England has warned.
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July 15, 2026
The U.K. government should scrap the "unusually generous" triple-lock pension policy to reduce fiscal uncertainty in Britain, the Organisation for Economic Co-operation and Development said Wednesday.
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July 14, 2026
The U.K.'s insurance regulators proposed Tuesday a new regulatory regime for the captive insurance market to support economic growth.
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July 14, 2026
The Financial Conduct Authority said Tuesday that its board has appointed former Macfarlanes LLP lawyer Dan Lavender to its committee that ensures contested enforcement decisions are made fairly.
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July 14, 2026
The government began a "landmark" project on Tuesday with the financial services sector, designed to future-proof the industry for skills needed in the coming years, amid concerns over the "unprecedented disruption" posed by artificial intelligence.
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July 14, 2026
The Treasury's champion of wholesale digital markets, Chris Woolard, has set out for Chancellor Rachel Reeves a 12-month plan to get companies, regulators and the government to develop online assets in wholesale financial markets.
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July 14, 2026
The government has said it wants to hike levies on pension funds to plug a £154 million ($206 million) shortfall in the cost of regulating the sector.
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July 14, 2026
The nation's largest pension schemes have £5.3 billion ($7 billion) invested in U.K. unlisted markets, according to data published by the sector's regulator, as the government pushes ahead with its megafund reforms.
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July 14, 2026
Seven insurers of almost 30,000 metric tonnes of palm oil have asked the High Court to rule that a shipowner cannot claim financial contributions for rescuing a vessel that broke down because the ship itself was allegedly unseaworthy.
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July 13, 2026
A group of MPs called on the government Tuesday to work with the Financial Conduct Authority to set standards for the detail, targets and accountability needed to support the Treasury's incomplete financial inclusion strategy by January.
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July 13, 2026
The solicitors' regulator accused an associate at Ashurst LLP of making dishonest statements in support of an insurance claim for a stolen bicycle at a London disciplinary tribunal Monday.
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July 13, 2026
British insurers urged the government's retirement savings inquiry on Monday to produce a clear road map to lift automatic enrollment pension contributions from 8% to 12% by the end of the 2030s, warning that millions of savers are unprepared for retirement.
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July 13, 2026
The Pension Protection Fund has said it has begun to prepare a package worth £1.4 billion ($1.8 billion) for older retirees who were denied years of inflation-linked increases in benefits.
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July 13, 2026
The U.K. pension plan of global engineering consultancy Stantec has completed a full insurance buy-in, securing the retirement benefits of all 680 members, a financial adviser said on Monday.
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July 13, 2026
Members of the U.K.'s largest pension plans will be able to access the first value-for-money reports in two years' time, the government said Monday, as part of what it described as the biggest shake-up of the sector in a generation.
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July 13, 2026
Two marine insurers in merger talks said Monday that 89% of shareholders in Thomas Miller Holdings have accepted their joint takeover offer, with the acquisition of the holding company expected to close in the fourth quarter of 2026.
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July 10, 2026
Housebuilder Willmott Dixon has hit back at a housing association's attempt to pass on liability for a £113 million ($152 million) claim over allegedly uninhabitable housing, telling a London court that it is not responsible for the remediation bill.
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July 10, 2026
The past week in London has seen lawyer Ian Rosenblatt launch legal action against music mogul Simon Cowell, Boohoo face a fresh investor claim after previously facing allegations that it feigned ignorance of labor abuses in its supply chain, and an ex-Tory MP and his chief of staff sued by their former employer. Here, Law360 looks at these and other new claims in the U.K.
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July 10, 2026
The government said Friday it will bring cloud computing giants under direct financial regulatory oversight as it seeks to strengthen the resilience of the country's financial system and reduce the risk that widespread service disruption could affect banks, insurers and consumers.
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July 10, 2026
The Financial Conduct Authority said Friday that it has found failings in how financial services businesses designed, monitored or distributed products under its consumer duty requirement.
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July 09, 2026
The European Union's top court ruled Thursday against an Austrian law that provided a value-added tax exemption for certain transactions in the banking and insurance sectors, holding that the tax break functioned as illegal state aid under EU law.
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July 09, 2026
Compensation payments for people who were wrongly advised to transfer out of valuable final-salary pensions are expected to drop to a record low from July to October, an actuarial consultancy has said.