UK, Board of Directors, Financial Institutions

PRA fines former notified non-executive director of Wyelands Bank

A&O Shearman on 4/17/2025

The UK Prudential Regulation Authority (PRA) has fined a former non-executive director of Wyelands Bank GBP72,000 for failing to act with due skill, care and diligence in connection with regulatory failings previously...more

The Informed Board - Summer 2024

Skadden, Arps, Slate, Meagher & Flom LLP on 9/10/2024

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

FCA moves ahead with a single equity listing category

A&O Shearman on 5/15/2023

On 3 May 2023, the FCA published its consultation CP23/10*** setting out revised "semi-final" proposals for its listing segments reform. These follow on from its discussion paper DP22/2 published a year ago, which itself...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 10/1/2018

Though he was apparently ready to go with his “verbal agreement with the Saudis” defense, Elon Musk capitulated to pressure “from his lawyers and investors of Tesla” and agreed to resolve all SEC allegations of wrongdoing,...more

Singularis v Daiwa: UK banks beware!

BCLP on 8/13/2018

The Global Restructuring and Insolvency Developments team of BCLP presents this very concerning opinion for any financial institution that operates in the United Kingdom. Specifically, in Singularis Holdings Ltd (in Official...more

New UK Regulations to Govern Whistleblowing in Financial Institutions

Proskauer - Whistleblowing & Retaliation on 10/30/2015

This month, the FCA and PRA announced a new regime for whistleblowing that will start to be phased in from March 2016. This is part of the broader desire on the part of the UK regulators to encourage individuals to raise...more