Select regions whose content you would like to see
The modernised 'real time gross settlement' (RTGS) service operated by the Bank of England could simultaneously record the exchange of money and assets for which the payments are associated, it has said. 16 Aug 2018
The number of enforcement actions opened by the Financial Conduct Authority (FCA) has rocketed by 23% during the last 12 months, with the number of investigations into governance issues and financial crime soaring. 15 Aug 2018
The code of practice on taxation for banks (the code) was introduced in 2009 and applies to banks and building societies. It is designed to change the attitudes and behaviours of banks towards tax avoidance. It encourages banks operating in the UK to adopt...
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.
ANALYSIS: The increasing sophistication in the financing of sports clubs has been highlighted by the offer made by Arsenal Football Club's majority shareholder, Stan Kroenke, for the remaining shares in the club. 09 Aug 2018
The Financial Conduct Authority's (FCA) guidance on outsourcing to the cloud no longer applies to banks. 07 Aug 2018
Join My Out-Law
Already signed up to My Out-Law?
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.
More about Banks
Partner - Head of Client Relationships, Financial Services