On 22 October 2026, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) issued consultation papers setting out proposed reforms to the Senior Managers and Certification Regime (SM&CR). The FCA published Consultation Paper 26/37: Senior Managers and Certification Regime
Banking, Finance and Securities
Healthcare & Life Sciences Private Equity Deal Tracker: Arcventis Makes Majority Growth Investment in Aligned Modern Health
Arcventis Health Partners has made a majority growth investment in Aligned Modern Health (AMH), according to a news release.
AMH, based in Chicago, offers functional medicine and hormone healthcare through virtual care in over 20 states and 16…
When Your AI Agent Logs Into Your Medical Records
Yesterday, Reuters reported that major U.S. banks were detecting unauthorized third-party AI agents inside customer accounts, with some apparently trying to do more than their users had instructed. Reuters was reporting an Axios story and said it could not immediately
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ASIC makes instrument to increase net tangible assets requirement for responsible entities
By Liz Hastilow & Sam Smith
On 21 October 2026, the Australian Securities and Investments Commission (ASIC) made the legislative instrument that will increase the net tangible assets (NTA) requirement for responsible entities of registered managed investment schemes. The legislative instrument is ASIC Corporations (Amendment) Instrument…
The EU Sustainable Finance Trilemma
By Renholding
The European Union’s Omnibus I Directive is the first stage of the European Commission’s sustainable finance simplification agenda. In a forthcoming article, I argue that it reveals a structural feature of that framework: Sustainability, simplification, and harmonization cannot be…
Blake, Cassels & Graydon Discusses Boeing and Securities Class Certification in U.S., Canada
By Renholding
On July 20, 2026, a United States appeals court unanimously overturned certification of a securities class action against The Boeing Company (Boeing), holding that plaintiffs must establish a workable, class-wide methodology for calculating damages at the certification stage. Boeing underscores…
Hong Kong SFC Renews Scrutiny of IPO Sponsors and Bookrunners as Listings Surge
This update summarises the key findings and regulatory expectations set out in the SFC’s October Circular and considers their implications for market participants, including Sponsors, overall coordinators, and capital market intermediaries.
On October 13, 2026, the Securities and Futures Commission…
Careful What You Wish For
Parts of the financial services industry have sought to clip the CFPB’s wings or even eliminate it entirely since its creation. And as things stand, they’ve basically rendered it ineffective, although of its authorities remain intact. Instead, its lost much…
Deed in Lieu of Foreclosure: An Overview in Process and Logic for Borrowers to Consider
This article is the first installment in a multi-part series on borrower considerations in deed-in-lieu transactions. Here, we lay the groundwork by explaining what a deed in lieu is, how the process works, and why both borrowers and lenders may…
Illinois Appellate Court Reinforces UCC Article 9—Commercial Reasonableness Standards: Could the New Illinois Receivership Act Offer Lenders a Better Path?
On July 30, 2026, the Illinois Appellate Court, First District, issued a Rule 23 opinion in Marchi v. Centrust Bank, N.A., 2026 IL App (1st) 231476-U,1 affirming a trial court’s finding that a secured lender’s private UCC Article 9…