THE SUPREME COURT HAS REJECTED TWO OF THE THREE CLAIMS IT WAS ASKED TO DECIDE, AND UPHELD THE OTHER BASED ON ITS SPECIFIC FACTS -
OVERVIEW -
In a landmark decision which will be closely scrutinised by the finance...more
8/1/2025
/ Appeals ,
Automotive Loans ,
Bribery ,
Car Dealerships ,
Commercial Litigation ,
Disclosure Requirements ,
Financial Conduct Authority (FCA) ,
Lenders ,
Redress Payments ,
UK ,
UK Supreme Court
The Senior Managers & Certification Regime ("SM&CR") has been a cornerstone of the UK’s individual accountability regulatory framework for banks, insurers and other regulated firms since its introduction in the wake of the...more
OVERVIEW -
On 2 July 2025, the Financial Conduct Authority (FCA) published a significant policy statement and consultation paper (CP25/18) addressing non-financial misconduct (NFM) in the financial services sector. It...more
Last week the Supreme Court granted permission to appeal the Court of Appeal's decision in a case examining the permissibility of motor finance commission payments, which challenged traditional legal thinking relating to...more
Labour have won the general election, with a landslide victory of 412 seats. We address the question for financial services firms: what are their regulatory plans for financial services? Although their election manifesto was...more
7/10/2024
/ Digital Currency ,
EU ,
Financial Institutions ,
Financial Markets ,
Financial Regulatory Reform ,
Financial Services Industry ,
General Elections ,
Innovative Technology ,
Investment ,
Regulatory Agenda ,
Sustainable Finance ,
Tokenization ,
Trade Relations ,
UK ,
UK Brexit
I. IMPLEMENTING BASEL III THROUGH THE CRR III REGULATION -
The Basel III standards comprise a package of reforms that were largely agreed by the Basel Committee on Banking Supervision ("BCBS") in December 2017 and set out...more
6/21/2024
/ Banking Sector ,
Basel Committee on Banking Supervision (BCBS) ,
Basel III ,
Borrowers ,
Capital Markets ,
Capital Requirements Regulation (CRR) ,
Consumer Financial Products ,
Environmental Social & Governance (ESG) ,
EU ,
European Banking Authority (EBA) ,
European Commission ,
Financial Institutions ,
Financial Services Industry ,
Risk Management ,
Securities
Overview -
On 22 May 2024, UK Prime Minister Rishi Sunak announced that he had requested permission from King Charles III to dissolve parliament and call a general election. The election will take place on 4 July 2024....more
6/20/2024
/ Competition ,
Corporate Taxes ,
Employee Rights ,
Energy Policy ,
Financial Regulatory Reform ,
Financial Services Industry ,
General Elections ,
Housing Market ,
Immigration Reform ,
Infrastructure ,
Labor Reform ,
Real Estate Development ,
Regulatory Agenda ,
Tax Reform ,
UK ,
Urban Planning & Development
Join us for the first episode of Mayer Brown’s Financial Services Focus series. Financial Services Focus will provide updates on the key legal issues affecting financial products across legal disciplines. This podcast series...more
In 2018, the UK's Financial Conduct Authority ("FCA") stated publicly that "non-financial misconduct is misconduct, plain and simple", emphasising their view that the Conduct Rules applicable to most employees within...more
The end of the Brexit transition period and the implementation of the new UK/EU Trade Agreement have had a significant impact on technology transactions throughout Europe. Businesses entering into Europe-wide technology...more
12/23/2021
/ Cross-Border Transactions ,
Data Privacy ,
Data Protection ,
EU ,
International Data Transfers ,
License Agreements ,
Popular ,
Regulatory Requirements ,
Technology Sector ,
Technology Transfer Agreements ,
Trade Agreements ,
UK ,
UK Brexit