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Financial services litigation

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You are the victim of fraud—how likely are you to succeed in a claim against your fraudster’s bank? In this week’s NLJ, David McIlroy, barrister at Forum Chambers, and Jon Felce, partner, and Rosie Wild, senior associate, at Cooke, Young & Keidan, address this question.
The Financial Conduct Authority (FCA), Prudential Regulation Authority and Bank of England published a discussion paper last week on diversity monitoring and reporting at financial services firms, ‘Diversity and inclusion in the financial sector
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
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MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

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