News & Analysis as of

Small and Medium-Sized Enterprises (SMEs) United Kingdom Banking Sector

A&O Shearman

UK CMA review of the SME Banking Undertakings 2002

A&O Shearman on

The UK's Competition and Markets Authority (CMA) has confirmed its decision to review the remaining SME Banking Undertakings 2002 and has launched its consultation seeking views on whether the undertakings need to be updated....more

A&O Shearman

HM Treasury Post-Implementation Reviews on SME Credit Information and Finance Platforms Regulations

A&O Shearman on

Alongside the U.K government's Autumn Budget delivered on October 30, 2024, HM Treasury has published two post-implementation reviews relating to small- and medium-sized enterprise credit....more

White & Case LLP

Sector trends - September 2024: Specialty Finance / Marketplace Lending

White & Case LLP on

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and...more

Skadden, Arps, Slate, Meagher & Flom LLP

The UK’s Pursuit of Open Finance

In April 2024, the UK government reiterated its vision for open finance, with UK Economic Secretary Bim Afolami (MP) announcing the creation of the Open Finance Taskforce at the 2024 Innovate Finance Global Summit. The...more

BCLP

Banking Bites - August 2022

BCLP on

Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market....more

K&L Gates LLP

FCA’S Response to CMA’S Recommendations on Retail Banking

K&L Gates LLP on

Originally published in Practical Law, November 2016. On 3 November 2016, the FCA published its response to recommendations proposed by the Competition and Markets Authority (CMA) in its final report into the...more

A&O Shearman

Steps Taken to Implement the Remedies Emerging from the UK's Retail Banking Market Investigation 

A&O Shearman on

The UK's Competition & Markets Authority published proposals for the implementation of certain remedies to counter the adverse effects on competition which were identified in the CMA's final report on the retail banking...more

A&O Shearman

UK Competition and Markets Authority Consults on Proposals to Reform Retail Banking

A&O Shearman on

The Competition and Markets Authority published a provisional decision on market issues regarding personal current accounts and retail banking services for small-and medium-sized enterprises. The decision is part of the CMA’s...more

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