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The UK government wants to open up access to data in banking and other regulated industries by 2017 and has threatened to legislate unless the industry takes its own steps to embrace the use of "secure APIs". 01 Dec 2015
The first deferred prosecution agreement (DPA) in the UK has been approved in a case that also saw an offence of failure to prevent bribery under the Bribery Act confirmed by a court in England for the first time. 30 Nov 2015
Anti-competitive agreements are prohibited by European and domestic competition law. This means any anti-competitive provisions in commercial agreements are void and unenforceable which could lead to the entire agreement being unenforceable.
Organisations are increasingly looking to work in collaboration or partnership with third parties. This may be to achieve operational aims, such as a step change in service delivery, or to reduce costs or achieve efficiencies.
Many private sector organisations are using competitive tenders to procure goods and services or award significant contracts. Competitive tenders can be used to maintain a competitive edge and drive a better commercial deal.
UK banking regulation is undergoing significant changes which will affect UK banks and foreign banks operating in the UK.
This is one of a series of guides on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, litigation and competition considerations.
This is one of a series of guides on issues connected to ring-fencing and banking reform faced by banks. Other guides cover issues such as tax, real estate, employment, pensions, third party contracts and competition considerations.
Consumers who believe that they were mis-sold payment protection insurance (PPI) would have until 2018 to claim compensation from their bank or building society under plans put forward by the Financial Conduct Authority (FCA). 27 Nov 2015
A court in London is expected to decide on Monday whether to approve a deferred prosecution agreement (DPA) provisionally put in place by the Serious Fraud Office (SFO) and Standard Bank. 27 Nov 2015
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With globalisation and technological progress, banks and financial institutions are having to access customers in more innovative ways, but against a backcloth of tighter governance and increased regulation. We provide an integrated approach across the full range of commercial legal disciplines to the sector.
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