Mastercard, Visa and Revolut lost their fight on Thursday to block regulators from enforcing a price cap on some transaction fees after a London court rejected their case that the watchdog didn't have the power to impose limits.
Mastercard, Visa and Revolut lost their fight on Thursday to block regulators from enforcing a price cap on some transaction fees after a London court rejected their case that the watchdog didn't have the power to impose limits.
The regulatory body of the Bank of England said Thursday that larger businesses will have to attend formal risk reviews only every two years as it moves to streamline their supervision.
The government confirmed it has dropped a pledge to carry out a review of the U.K.'s pension arbitration body, in the wake of the Atomic Energy Agency Technology retirement fund scandal.
A real estate investment company and an affiliate firm have sued an insurance broker and its sole director for their alleged failure to repay a loan worth almost £227,000 ($304,000) and breaches of obligations linked to the businesses.
The Pensions Regulator said Thursday it has appointed as its new policy chief one of the leading architects behind the government's push for retirement funds to invest more in the economy.
Governance and pensions services provider Vidett has acquired Bridgehouse Company Secretaries, an outsourced corporate governance business, as it strengthens its position in an evolving corporate services market.
Pinsent Masons has hired a senior in-house solicitor from Close Brothers to boost its services to companies and financial services institutions in complex litigation.
