Analysis

FCA Non-Financial Misconduct Regime Will Endanger Careers

By Alex Davidson

Financial Conduct Authority rules on non-financial misconduct, which take effect on Tuesday, could unfairly jeopardize careers as 37,000 non-banking finance businesses face a double whammy of wider enforcement risk and excessive caution showing through in hiring decisions and references, lawyers warned.

Read full article » | Save to favorites »

FCA Warns Against 'Flamboyant' Notices Misleading Investors

By Christopher Crosby

Britain's financial watchdog said Friday that there has been a rise in "flamboyant" language in companies' official announcements and warned firms that recent disclosures to investors have sounded more like marketing than regulatory notices.

Read full article » | Save to favorites »

Generali Evaluating $10.1B Offer From Monte Dei Paschi

By Al Barbarino

Assicurazioni Generali is evaluating Banca Monte dei Paschi di Siena's roughly $10.1 billion offer for its majority-owned wealth management unit Banca Generali, as the Italian insurer considers the broader industrial collaboration proposed by the lender.

Read full article » | Save to favorites »

Analysis

Top UK Appeals Decisions In 2026: Midyear Review

By Joanne Faulkner

The U.K.'s top appeal courts have handed down a series of significant judgments in 2026, reshaping the tax treatment of members of LLPs, the management of mass consumer claims and the rules governing who can conduct litigation.

Read full article » | Save to favorites »

Broker Can Pursue £5M Claim Over Wrongful Asset Freeze

By Eddie Beaver

A brokerage can pursue a claim for more than £5 million ($6.8 million) in losses allegedly caused by a wrongly obtained freezing order after a London court ruled on Friday that it had credible evidence of damage to its business.

1 document attached | Read full article » | Save to favorites »

Investors Can't Escape Danish Tax Fraud Case, 2nd Circ. Says

By Natalie Olivo

Four investors and their pension plans owe $476 million for their role in a tax fraud scheme against the Danish government, the Second Circuit affirmed Monday, rejecting the investors' contention that they are beyond the reach of Danish revenue collectors.

Opinion attached | Read full article » | Save to favorites »

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen shoe brand Crocs bring an appeal against the chief executive of the U.K.'s Intellectual Property Office, singer Alanis Morissette sued by the former head of operations at Live Nation Israel and the son of convicted fraudster Guo Wengui file an appeal against the Chapter 11 trustee controlling his father's bankruptcy estate. 

Read full article » | Save to favorites »

Gov't Warned On 'Burdensome' Rules For Pension Surpluses

By Martin Croucher

The government should streamline rules that will allow pension bosses to tap into an estimated £160 billion ($217 billion) in surplus funds, a consultancy has said.

Read full article » | Save to favorites »

Rise In Renting Exposes Pension System 'Flaw,' Report Says

By Joel Poultney

Standard Life has warned that rapidly rising rents and an expected increase in renting during retirement will put pressure on pension incomes over the next two decades, exposing a "fundamental flaw" in the pension system.

Read full article » | Save to favorites »

Tokio Marine To Buy UK MGA Direct Commercial For £265M

By Joel Poultney

Tokio Marine said Friday that one of its subsidiaries has agreed to acquire Direct Commercial, a British commercial motor managing general agent, for £265 million ($360 million).

Read full article » | Save to favorites »