United Kingdom: Finance and Banking

Although we are seven months away from the application of the new requirements for non-EEA banks and large broker-dealers (together non-EEA banks)...

The UK government has unveiled plans to modernize financial services regulation through a new bill announced in the King's Speech, aiming to reduce regulatory complexity while maintaining high standards.

The relationship between financial services firms and their regulators has always been shaped by data, but for decades data was treated as something that firms produced when needed...

The private credit market has reached a critical inflection point in 2026, with $1.8tn in global assets under management creating both unprecedented opportunities and complex challenges.

The Financial Conduct Authority's (FCA) consultation reflects the ongoing governmental and regulatory push to encourage wider retail participation in private and public capital markets and the benefits of seeking higher financial returns over pure cash savings.

The High Court in Vantage Mezzanine Fund II v Bitature granted a final charging order over UK property to assist in the enforcement of an arbitration award arising from Ugandan proceedings.

The Commercial Court's decision in Shukla v St James Bank clarifies that non-recourse lending structures cannot eliminate a borrower's equity of redemption under English law. When a lender refused to cooperate with loan repayment and attempted to retain collateral based on technical defaults, the court struck down contractual provisions that sought to forfeit redemption rights and awarded substantial damages for breach of contract.

Buying your first home is exciting but it can also feel frustrating when things move more slowly than expected.

If you are buying a property with the help of a mortgage, you may hear your estate agent, broker or solicitor talk about whether a firm is “on the lender’s panel”.

The Financial Conduct Authority has released its first comprehensive report examining how artificial intelligence and emerging technologies are reshaping the U.K. financial services landscape. The report identifies both transformative opportunities and novel risks, from programmable finance and AI-driven customer engagement to synthetic crime and autonomous market manipulation, while positioning the U.K. at a strategic inflection point for technological innovation.

The UK government and Financial Conduct Authority are implementing comprehensive cryptoasset regulations that will require FCA authorisation for firms conducting cryptoasset activities in the UK by October 2027. Overseas firms without a UK presence may still fall within the regulatory perimeter if they provide services to UK consumers, as the new framework focuses on where activities are carried on rather than physical location. The FCA's recent consultation on Perimeter Guidance clarifies the scope of thes

Welcome to the latest edition of our investment management update. This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.