Banking

More fraud litigation is likely to emerge from the private credit market, market corrections due to overvaluation driven by artificial intelligence and the ‘failure to prevent fraud’ offence, law firm Stewarts has predicted in a report, ‘Trends in fraud litigation 2026’, compiled with analytics platform Solomonic

The Serious Fraud Office (SFO) has said a further five LIBOR convictions may be unsafe, following the Supreme Court appeals in July that quashed the 2015 convictions of former traders Tom Hayes and Carlo Palombo

The Supreme Court has quashed the Libor and Euribor convictions of bankers Tom Hayes and Carlo Palombo, on the basis the jury was misdirected

The rules and regulations on debanking (where a bank terminates its relationship with a customer) are due to change next year. In this week’s NLJ, David Hamilton, partner at Howard Kennedy, sets out the likely changes and explores the implications for payment services firms

David Hamilton on how the UK’s new debanking rules reshape financial services risk management

It’s a little-used & somewhat opaque doctrine with significant potential when used as a defence

James Davies & Jonathan Bennett delve into this intricate & often misunderstood legal principle—as well as its impact on lenders

Nicholas Dobson relays the costly tale of a single word in a banking contract

Jeremy Richmond KC, Michael Rhode & Alexander Emmott provide an overview of developments in sustainability regulations, push payment fraud & de-banking

UK financial institutions face a complex regulatory landscape, whether it’s in relation to greenwashing, authorised push payments fraud or de-banking