On 21 October 2025, HM Treasury published a Consultation Response providing details of responses to its 2023 consultation on the reform of the anti-money laundering/ counter-terrorist financing (AML/CTF) supervision regime and confirming that the Government has decided that the Financial Conduct Authority (FCA) should become the single professional services supervisor for
New Notice in a Nutshell briefing: Experienced investor relations team member fined and prohibited by FCA for insider dealing
On 13 October 2025, the Financial Conduct Authority (FCA) issued a Final Notice to Neil Dwane, imposing a financial penalty of £100,281 and a prohibition as a result of sales of shares prior to an announcement that the FCA concluded amounted to insider dealing. For the key takeaways from this case, as well
Horizon Scanning: Investigations and Enforcement
Shifting geopolitical dynamics have seen a wave of changes across the international investigations and enforcement landscape. In this edition, we focus on some of the most significant of these changes – from the issue of new cooperation guidelines by the Serious Fraud Office (SFO) to the abandonment by the Financial Conduct Authority (
Global Regulation Tomorrow Plus: Mansion House and Leeds Reforms mini-series – proposals regarding the Financial Ombudsman Service and redress
In the last episode of our mini-series on the Chancellor’s Mansion House speech and Leeds Reforms, Katie Stephen, Matthew Gregory and Catherine Pluck discuss the proposals in relation to the Financial Ombudsman Service and redress.
Listen to our podcast here.
FCA motor finance redress scheme: Nine points to help firms navigate the proposals
The FCA’s consultation paper on a motor finance consumer redress scheme (the Scheme) has now been published in CP 25/27. The FCA’s analysis suggests that the motor finance industry is set to provide over £8bn in redress, but is also likely to spend almost £3bn to implement the Scheme; confirming that – as
New Notice in a Nutshell briefing: Individual lack of integrity and a reminder of the need for effective contemporaneous governance arrangements
On 22 July 2025, the Financial Conduct Authority (FCA) issued a Final Notice to Mr Alba, imposing a fine of £1,049,500 and prohibiting him in relation to the provision of false and misleading information to the FCA. For the key takeaways from this case, as well as the key findings, please see our
New Notice in a Nutshell briefing: PRA fines reinsurer’s London branch after post-Brexit governance failings
On 28 July 2025, the Prudential Regulation Authority published a Final Notice in respect of the London branch of Barents Reinsurance S.A., imposing a fine of £1,785,000 for failing to organise and control its affairs responsibly and effectively, as well as governance and regulatory reporting failures for more than two years post Brexit. For the
Global Regulation Tomorrow Plus: Mansion House and Leeds Reforms mini-series – proposals regarding the Senior Managers and Certification Regime and authorisations
In the latest episode of our mini-series on the Chancellor’s Mansion House speech and Leeds Reforms, Katie Stephen, Matthew Gregory, Haney Saadah and Catherine Pluck discuss the proposals in relation to the Senior Managers and Certification Regime, as well as the proposals around authorisations.
Listen to our podcast here.
Acting with skill, care and diligence – lessons learned for firms and senior managers from the Woodford decision notices
Woodford (a prohibition and a fine) and on the investment management firm he founded (a fine). Both Mr Woodford and the firm have referred the decisions to the Upper Tribunal. Key takeaways are set out below but for more details see our Notice in a Nutshell.
Although the decisions are made in the context of
Countdown to Compliance: five key priorities for those preparing for the UK’s New Failure to Prevent Fraud Offence
With under two weeks to go until the new UK failure to prevent fraud offence comes into force, this blog discusses the priority actions companies can take in preparation.
On 1 September 2025, the UK’s new “Failure to Prevent Fraud” (FtPF) offence will come into force, reshaping corporate liability for fraud and effectively