Lawyers will face fresh "fit and proper" tests when the Financial Conduct Authority takes over control of anti-money laundering regulation from the Solicitors Regulation Authority, the government has confirmed.
Lawyers will face fresh "fit and proper" tests when the Financial Conduct Authority takes over control of anti-money laundering regulation from the Solicitors Regulation Authority, the government has confirmed.
The Financial Conduct Authority proposed tighter rules for self-invested personal pensions on Monday in order to prevent fraudulent investments and keep client money safe.
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.
U.S. investment giant Ares has rejected claims it tried to profit from a London real estate business' success by using the "Marq Logistics" trademark, arguing that the U.K. company operates under a different logo.
A property developer's directors will give up their phones to be examined for messages possibly relevant to the company's long-running claim worth more than £180 million ($238 million) against French hospitality giant Accor, a London judge has ordered.
The Bank of England set out on Monday what it called a "milestone" regime for U.K. issuers of stablecoins in a policy paper that relaxes its original proposals.
The Treasury has updated its list of countries at high risk for money laundering and terrorist financing, telling companies to enhance due diligence for transactions involving Iraq and Bosnia and Herzegovina while removing Algeria and Namibia from the list.
U.K. car hire company NRG said Monday that it has agreed to acquire Paragon Banking Group's specialist vehicle and fleet subsidiary for £85.6 million ($113.3 million) as it seeks to expand the business.
The strong funding position of defined benefit pension plans is likely to give rise to more innovation in the future, Britain's retirement savings watchdog has said, as it urged any plans considering novel ideas to consult with the regulator.
The European Union’s latest sanctions package introduces an EU-wide antisuit injunction mechanism that offers businesses a powerful weapon against Russia's efforts to derail international arbitration with forum-shopping tactics, say lawyers at Signature Litigation.
