Today marks a significant milestone for the motor finance sector as the Supreme Court has handed down its much-anticipated judgment in the Hopcraft case.
In a landmark decision, the Supreme Court has found that fiduciary duties are not to be found where the intermediary has an independent commercial interest. Whilst this decision will come as
In the latest episode of Global Regulation Tomorrow Plus, Hannah Meakin, Rachel Smith, Georgia Karamani and Simon Lovegrove consider the Financial Conduct Authority’s consultation paper, CP25/19, which proposes changes to the ancillary activities test.
Listen to the episode here.
On 1 August 2025, the Financial Conduct Authority (FCA) published Handbook Notice 132.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under their legislative and other statutory powers on 26 June, 30 June, 10 July, 18 July and 31 July 2025. Where
On 1 August 2025, the Financial Conduct Authority (FCA) issued a press release stating that it was opening retail access to crypto exchange traded notes (cETNs).
On 6 June 2025, the FCA published Consultation Paper 25/16: Quarterly Consultation Paper No.48 (CP25/16). In chapter 4 of CP25/16 the FCA set
On 1 August 2025, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2025/789 of 23 April 2025 supplementing the Capital Requirements Regulation with regard to regulatory technical standards specifying the conditions and indicators that the European Banking Authority is to use to determine whether extraordinary circumstances
On 31 July 2025 the Financial Conduct Authority (FCA) published its findings on the design of firms’ digital acquisition journeys and customer outcomes.
Background
The FCA explained that it is publishing this work as part of sharing information on how firms are embedding the consumer duty. The FCA set out that, following its
The Bank of England’s recent publication of a Final Notice in respect of Vocalink Limited provides a number of key takeaways for regulated firms in relation to remediation programmes and delivering on regulatory expectations. A summary of these is set out below but for more detail on the Final Notice see our Notice in a
On 30 July 2025, the Australian Prudential Regulation Authority (APRA) issued a discussion paper – Improving the licensing framework for authorised deposit-taking institutions.
In the discussion paper APRA outlines proposals that are intended to improve the current licensing process for authorised deposit-taking institutions (ADIs) introduced in 2018. The new regime
On 30 July 2025, the Australian Securities and Investments Commission (ASIC) published a speech by its Chair, Joe Longo, at the FSC Symposium ‘Shaping Advice in a Time of Change’. The speech is entitled Forward together: Addressing misconduct in financial services.
The problem
In his speech Mr Longo focuses on the action
On 30 July 2025, the Australian Securities and Investments Commission (ASIC) issued Consultation Paper 385 ‘Proposed update to RG 181 Licensing: Management conflicts of interest’ (CP 385).
Background
An Australian financial services (AFS) licensee must comply with section 912A(1)(aa) of the Corporations Act 2001 (Corporations Act), which