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Financial services litigation

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The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
It’s the failure to co-operate that does the most damage, writes Jessica Caws—so if in doubt, notify
Chris Dyke & Sophie Ruffles set out what the Financial Conduct Authority’s anti-money laundering takeover is likely to mean for law firms
Fewer cases, faster outcomes? James Tyler considers the future of enforcement at the Financial Conduct Authority
The Financial Conduct Authority (FCA) has become ‘a very different organisation’ under its new enforcement leadership, writes James Tyler, of counsel at Peters & Peters LLP, in the latest issue of NLJ
Sanctioning non-payment: what’s caught by the wide net of the UK regime? Brónagh Adams & Harriet Campbell stress the need for caution following Celestial Aviation v Unicredit
The Financial Conduct Authority (FCA) set out its £7.5bn redress scheme for consumers affected by mis-sold motor finance loans this week
The number of misconduct reports to the Financial Conduct Authority (FCA) has doubled in the past five years, after a series of industry scandals highlighted the reputational and regulatory risks involved
The Financial Ombudsman is poised for major reform to return it to a simple, impartial dispute resolution service
Operational resilience is no longer optional. Writing in NLJ this week, Emma Radmore and Michael Lewis of Womble Bond Dickinson explain how UK regulators expect firms to identify ‘important business services’ that could cause ‘intolerable levels of harm’ if disrupted
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MOVERS & SHAKERS

Thomson Hayton Winkley—Jordan Wallace

Thomson Hayton Winkley—Jordan Wallace

Thomson Hayton Winkley strengthens family law team

Ward Hadaway—Barnaby Rosenthall

Ward Hadaway—Barnaby Rosenthall

Construction lawyer returns to Ward Hadaway in Teesside role

Bird & Bird—Shahin Baghaei

Bird & Bird—Shahin Baghaei

Bird Bird hires leading legal transformation expert

NEWS
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

How forcefully can a litigant criticise a public authority before robust advocacy crosses the line into unreasonable conduct? 
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