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Growth in lending by financial technology (fintech) companies has the potential to both benefit and pose risks to financial stability, according to a new report. 23 May 2017
The European Banking Authority (EBA) will be told to rethink proposed regulatory technical standards that, if introduced, would prohibit the use of 'screen scraping' in the payment services market. 23 May 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.
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.
Banks do not have to guarantee an independent right to audit the business premises of their cloud service providers to adhere to regulations that apply to material cloud outsourcing arrangements, the European Banking Authority (EBA) has said. 19 May 2017
Higher-ranked creditors' entitlement to statutory interest on what is owed to them out-ranks the rights of subordinated creditors, and should be paid in full before those debts can be settled, the UK's highest court has ruled. 18 May 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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