Class actions related appeals heading for the Supreme Court

As in many jurisdictions, class actions are becoming more frequent in the English courts. A body of case law is building up, and that will be added to by three cases which are to go to the Supreme Court, as discussed on this recent post on our Litigation Blog. Significant disputes of all types frequently … Read more

Regulators extend transitional direction powers in line with Brexit delay

The FCA, Bank of England (“BoE”) and PRA yesterday announced measures to extend certain UK-specific Brexit transitional relief provisions for a further six months until 31 December 2020, in line with the extension of Exit Day until 31 October. This is generally in line with industry expectations and does not signal any material changes to … Read more

FCA calls for input on proposed cross-sector sandbox

New technologies, such as artificial intelligence (“AI”) and distributed ledger technology (“DLT”), continue to have a significant impact on the way in which firms, customers and regulators interact.  Firms introducing innovative business models whose products or services fall under the jurisdiction of different sectoral regulators can find themselves having to address competing regulatory expectations. As … Read more