
In December 2021, the UK Financial Conduct Authority (FCA) published a consultation to set a higher standard of consumer protection in retail financial markets, an endeavor which began in July 2018. At the core of the proposed new rules is…
On Dec. 15 Prime Minister Boris Johnson announced the appointment of Baroness Heather Hallett as chair of the forthcoming public inquiry into the COVID-19 pandemic. The British government committed to holding a public inquiry to investigate the UK’s response to…
To expedite decisions to prevent or stop consumer harm, the Financial Conduct Authority (FCA) has implemented a controversial change to its decision-making procedures. The change forms part of the FCA’s wide-ranging “Transformation Programme” that seeks (in summary) to make the…