Earlier today the Supreme Court handed down its hotly-anticipated judgment regarding the certification of an opt-out competition collective action brought by Walter Merricks against Mastercard. The claim is seeking £14bn in damages on behalf of some 46.2 million UK consumers, in respect of losses alleged to have resulted from the use of anti-competitive multilateral interchanges fees. Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for December 2020. Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for November 2020. Read more

A failure to consider the financial difficulties that repeat lending might cause a customer is likely to result in a breach of a consumer credit firm’s statutory obligations under the Consumer Credit Sourcebook (“CONC”) and have an effect subsequently on the fairness of the relationship between a creditor and debtor under the Consumer Credit Act 1974 (“CCA”). Read more

In this blog post, we round-up forthcoming developments in financial services regulation in the UK and at EU and International levels which are coming up in August 2020.  Read more

On 16 June 2020, Charles Randell, Chair of the FCA and PSR, delivered a speech addressing a virtual roundtable of bank chairs, hosted by UK Finance. Mr Randell considered the immediate impact of Covid-19 on the financial services sector in the UK and the FCA’s role in the recovery of the industry. Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for June 2020. Read more

In this blog post, we round-up forthcoming developments in the UK and at EU and International levels in financial services regulation which are expected for May 2020. Read more