Regulatory

The UK Competition and Markets Authority has marked a significant shift in consumer enforcement by exercising its new fining powers under the DMCC Act for the first time, imposing a £4.2 million penalty on The AA for drip pricing. Businesses targeting UK consumers should take note of this escalating enforcement landscape.
Continue Reading UK Businesses, Take Note: The UK Consumer Law Regulator Exercises New Consumer Enforcement Powers for the First Time

The UK Financial Conduct Authority’s new rules and guidance on non-financial misconduct will take effect on 1 September 2026. This is an important development for firms subject to these new provisions, namely firms subject to the Senior Managers and Certification Regime. This GT London blog post outlines three strategies firms may wish to consider ahead of September.
Continue Reading Non‑Financial Misconduct Under the UK FCA’s New Regime

In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.”

Continue Reading UK FCA Letter Expresses Concerns About Fund Service Providers

The UK Payment Systems Regulator (PSR) has published its first formal five-year strategy. The Strategy centres on four priorities: 1) access to and choice of
Continue Reading The UK Payment Systems Regulator’s First Five-Year Strategy Plan