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
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