Blog Archives

Financial Services Update Seminar: AI, Crypto Disputes & ESG

Posted on September 6, 2024 by Darren Butt

Please join Collyer Bristow’s Financial Services group for an in-person seminar and networking event to discuss the latest in the sector, chaired by Nigel Brahams, Head of Financial Services. Abbie Coleman will be addressing the FCA’s latest anti-greenwashing and sustainability …

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Secret commissions

Posted on June 25, 2024 by Claire Tourret

Background Brokers within the financial services industry will usually be regarded legally as agents for principals. As such, they will qualify as a fiduciary, namely someone who has undertaken to act for or on behalf of another in a particular …

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ESG: The new FCA Anti-Greenwashing and Sustainability Rules

Posted on May 29, 2024 by Claire Tourret

Background The new rules stemmed from the FCA’s concerns surrounding customers being able to make informed decisions about products which would meet their sustainability preferences. It has become very common for consumers (both individuals and companies) to factor in ESG …

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Cases of de-banking are on the rise

Posted on May 21, 2024 by Claire Tourret

As the digital economy continues to boom, banks have been struggling to balance their compliance obligations with their customer care duties. Several recent highly publicised cases have drawn attention to ‘de-banking’ – where banks close customer accounts due to perceived …

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Financial services seminar slides February 2024

Posted on February 8, 2024 by Claire Tourret
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How fair are new crypto financial promotion rules?

Posted on November 14, 2023 by Claire Tourret

As of October 8, all firms marketing cryptoassets to UK consumers, regardless of their location, must comply with the UK’s financial promotion regime. Previously, this regime applied mainly to traditional financial investments. The move aims to prevent misselling of complex, …

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Supreme Court’s downplaying of the Quincecare duty does not mean banks are off the hook on customer fraud claims

Posted on July 21, 2023 by Christopher Wilsher

Although the Supreme Court’s decision in Philipp v Barclays has refused to extend the “Quincecare” duty of banks to assist victims of authorised push payment (“APP”) fraud , the new picture which has emerged is not quite the unqualified victory …

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Odey and the FCA: a changing approach to non-financial misconduct?

Posted on July 20, 2023 by Claire Tourret

The Financial Conduct Authority (“FCA”) has long viewed non-financial misconduct as misconduct that falls within the scope of the regulatory framework. In May 2018, Megan Butler, the then FCA Executive Director of Supervision, gave evidence in the House of Commons …

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Employment and Immigration Expertise for Financial Services

Posted on June 29, 2023 by Claire Tourret

An overview of our Employment and Immigration services within the financial services sector.

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Financial services seminar slides

Posted on February 23, 2023 by Claire Tourret
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