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Some of the plans submitted by UK-headquartered banks wishing to continue to operate in the euro area after Brexit have been criticised as inadequate by financial regulators. 17 Nov 2017
The UK's Competition and Markets Authority (CMA) is planning to build its expertise in technology and data, hiring a team of experts to handle a growing number of cases, including a new chief data and technology insights officer. 14 Nov 2017
This guide was updated in July 2017.
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.
LEGAL UPDATE: The Court of Appeal has determined the extent of creditors' entitlements to statutory interest on their debts and the correct approach for calculating their entitlement. It has ruled on the entitlement of representative creditors of Lehman Brothers... 10 Nov 2017
A new right for businesses and consumers who make payments by cheque to obtain a free copy of that cheque from their bank is set to be introduced into UK law. 06 Nov 2017
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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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