Financial services litigation

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The Solicitors Regulation Authority (SRA) has invited solicitors and law firm representatives to give their views on fee restrictions for financial product and services mis-selling compensation cases

The Ministry of Justice has updated its civil appeals case tracker to reflect that an application for permission to appeal the decision of the High Court in Financial Conduct Authority v 24hr Trading Academy Ltd and another [2021] EWHC 648 has been made.

The Equity Release Council has launched a Legal Forum which advocates the role of legal advice that supports customers in the later life lending sector.

The Financial Services Bill has received Royal Assent and is now law.

2021 ‘big year’ for cryptocurrency regulation

With digital currencies continuing to strengthen their foothold in the financial landscape, calls are increasing for a global response to regulate their use. Celso De Azevedo & Marc Samuels of 36 Commercial explore the most recent regulatory developments on both sides of the Atlantic

Bank to face money laundering accusations in court

The Legal Sector Affinity Group (LSAG) has published updated anti-money laundering (AML) guidance for the legal sector

The Financial Conduct Authority (FCA) has published a consumer investments data review of 2020, which summarises the regulator’s work to tackle consumer harm in the investment market between 1 January and 31 October 2020

The Financial Ombudsman Service: a matter of principle, ask Jonathan Kirk QC & Thomas Samuels

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MOVERS & SHAKERS

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National Pro Bono Centre—Esther McConnell & Sarah Oliver Scemla

Charity strengthens leadership as national Pro Bono Week takes place

Michelman Robinson—Akshay Sewlikar

Dual-qualified partner joins London disputes practice

McDermott Will & Schulte—Karen Butler

Transactions practice welcomes partner in London office

NEWS

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Getty v Stability AI: Potential landmark case fizzles out

Intellectual property lawyers have expressed disappointment a ground-breaking claim on the use of artificial intelligence (AI) ended with no precedent being set

Double review on whiplash and fixed costs

Two separate post-implementation reviews are being held into the extension of fixed recoverable costs for personal injury claims and the whiplash regime

CILEx Regulation prepares for post-Mazur rush

Legal executives can apply for standalone litigation practice rights, the Legal Services Board (LSB) has confirmed, in a move likely to offset some of the confusion caused by Mazur

Sir Andrew McFarlane reports on judge shortages

Delays in the family court in London and the south east are partly due to a 20% shortage of judges, Sir Andrew McFarlane, president of the Family Division, has told MPs

LexisNexis Legal Awards 2026—enter now!

Entries are now open for the 2026 LexisNexis Legal Awards, celebrating achievement and innovation in the law across 24 categories

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Financial services litigation

MOVERS & SHAKERS

National Pro Bono Centre—Esther McConnell & Sarah Oliver Scemla

Michelman Robinson—Akshay Sewlikar

McDermott Will & Schulte—Karen Butler