All Insights

Financial Services

Financial Reporting Council reforms strengthen decision-making over UK audit quality

Changes to the Audit Enforcement Procedure aim to ensure high-profile audit failures are given proper scrutiny
Dispute resolution

In or out of time? Time bars in engineering, procurement and construction contracts in the UK

Construction contract provisions set timeframes for actions so a party can exercise a right or claim and entitlement
Financial Services

Singapore proposes regulation for digital payment token services

Asset segregation, lending and staking, and incentive restrictions are the main reforms raised in a recent MAS paper
Dispute resolution

Does 'a prudent uninsured' still need the insurer's consent to settle with a third party in England and Wales?

Recent case highlights potential waiver issue for insurers telling the insured to act as a prudent uninsured
Regulatory and compliance

UK government heralds 'indefinite' CE marking recognition in GB market

Businesses will still need to look carefully at regulations and determine if a UKCA or CE mark is more appropriate
Financial Services

UK Upper Tribunal restricts the FCA's interpretation of consumer redress schemes

The UK financial regulator's powers are not unfettered if their imposition would produce absurd results
Energy and Energy Transition

Ofgem announces GB energy market reforms

New rules and proposals aim to improve supplier resilience and customer service for homes and businesses
Competition, antitrust and trade

Spain draws €194m line in Apple-Amazon brand protection and competition restriction ruling

Contractual terms at issue for competition regulator include 'brand gating' and competitor product ad restrictions
Financial Services

UK consults on reform to anti-money laundering supervision

Four potential models include a proposal for a single supervisor that would significantly impact financial service firms
Regulatory Outlook

Bribery, fraud and anti-money laundering | UK Regulatory Outlook July 2023

Government proposes online fraud charter with tech platforms | UK government confirms corporate criminal liability regime expansion | PSR consultation
Dispute resolution

New civil cassation appeal procedure introduced in Spain

The reform intends to offer a more agile and efficient model to eliminate difficulties faced by the parties
Financial Services

UK boosts consumer protection against authorised push payment fraud

New rules on reimbursing victims are likely to have significant industry impact