United Kingdom: Financial Services

The Emerging Technology Horizon Scan 2026 issued on 10 June 2026 is described as the FCA's first external publication of its kind. The paper is not regulatory guidance or predictions...

Private credit lenders face a new reality as U.S. distressed borrowers increasingly turn to English restructuring tools to reorganize New York law-governed debt outside of Chapter 11. Recent cases demonstrate how Schemes of Arrangement and Restructuring Plans can bind dissenting creditors, reduce minority creditor influence, and potentially circumvent the absolute priority rule. Understanding these cross-border mechanisms has become essential for lenders navigating modern restructuring dynamics.

The Crime and Policing Act 2026 introduces Section 250, fundamentally transforming UK corporate criminal liability by replacing the narrow "identification doctrine" with a broad attribution principle that holds organisations accountable for criminal offences committed by senior managers. This sweeping reform extends beyond economic crimes to encompass the full spectrum of criminal offences, significantly lowering the threshold for corporate prosecution. Financial services firms face heightened exposure as t

Amendments to the EU Market Abuse Regulation (EU MAR), made by the EU Listing Act (2024/2809), take effect on 5 June 2026. The amendments relate to when inside information has to be disclosed where there are intermediate steps in a protracted process.

The Financial Conduct Authority has doubled the clearing threshold for commodity derivatives under UK EMIR from EUR 3 billion to EUR 6 billion, effective immediately as of 29 May 2026.

The UK sanctions landscape continues to evolve with significant developments in enforcement, compliance, and regulatory cooperation. Recent actions by the FCA and OFSI reveal...

The Commercial Court has considered the implications of an asymmetric English jurisdiction clause where the borrower brought proceedings in England and the lender brought parallel proceedings in Singapore: Spec 1 Ltd v The Export-Import Bank of China [2026] EWHC 1162 (Comm).

European and UK regulators are implementing sweeping changes to online subscription practices that will fundamentally reshape how businesses handle consumer contracts and cancellations.

The High Court sanctioned a contested restructuring plan in Re Waldorf Production UK plc, cramming down HMRC as a dissenting creditor and facilitating a $205 million sale to Harbour Energy.