The finance watchdog said Wednesday that it has banned three former senior figures at wealth manager Dolfin from working in the regulated financial services sector after finding they operated a scheme that helped clients circumvent U.K. visa requirements for investors.
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THURSDAY, AUGUST 27, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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FCA Bans Trio Over £36M Scheme To Bypass UK Visa Rules

By Tom Fish

The finance watchdog said Wednesday that it has banned three former senior figures at wealth manager Dolfin from working in the regulated financial services sector after finding they operated a scheme that helped clients circumvent U.K. visa requirements for investors.

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Administrators Probe Woodville Insurance Promises

By Robbie Kalus

Administrators for the car finance litigation funder Woodville are investigating whether the company lied to investors over the protection offered by insurance bonds, they said Wednesday. 

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Analysis

Top High Court Commercial Litigation Rulings Of 2026 So Far

By Joanne Faulkner

So far in 2026, judges at the High Court have narrowed extensive diesel emissions claims, determined how a landmark class action settlement should be divided and redrawn the boundaries of privilege.

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LITIGATION

Law Firm Dodges Negligence Claim Filed Too Late

By Max Austin

A London court ruled Wednesday that a group of property investors can't extend a limitation deadline to sue a formerly defunct law firm because they waited too long to act after it was restored to the public register.

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POLICY & REGULATION

Gen Z Trusts AI Over Pros For Investment Advice, FCA Warns

By Tom Fish

Generation Z is too dependent on artificial intelligence for investment advice, the Financial Conduct Authority said Thursday, prompting the watchdog to warn consumers about the risks of relying on AI-generated information.

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Think Tank Urges UK Gov't To Tax Wealthy Pensioners

By Eleanor Butler

The U.K. government should shift the tax burden from younger workers toward wealth, property and passive gains, a progressive think tank said Wednesday.

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EXPERT ANALYSIS

Key Points From High Court Ruling On FOS Time Bar Rule

In Barclays Bank v. Financial Ombudsman Service, the High Court recently blocked the FOS from investigating consumer complaints that fall outside the legal time limit, demonstrating courts’ willingness to look at the ombudsman's approach to its own jurisdiction, says Rachael Healey at RPC.

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LAW FIRMS IN TODAY'S NEWS

Clifford Chance

Holman Fenwick

Mishcon de Reya

Outer Temple Chambers

Penningtons Manches

Reynolds Porter

Stewarts Law LLP

COMPANIES IN TODAY'S NEWS

Barclays PLC

Glencore PLC

Groupe PSA

Harbour Litigation Funding Ltd.

MasterCard Inc.

Mercedes-Benz USA LLC

National Westminster Bank PLC

Smith & Williamson Holdings Ltd.

The Royal Bank of Scotland Group PLC

Uber Technologies Inc.

Volkswagen AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition Appeal Tribunal

Financial Conduct Authority

Financial Ombudsman Service

Financial Services Compensation Scheme

UK High Court

UK Upper Tribunal