The ruling, which narrows the UK’s jurisdiction over money laundering offences, will impact how cross-border money laundering offences are prosecuted going forward.
By Pamela Reddy, Clare Nida, and Annie Birch
The UK Supreme Court’s decision in El-Khouri1 has clarified the territorial limits of the Proceeds of Crime Act 2002 (POCA). The ruling confirmed that the primary money…
A landmark judgment from the Court of Appeal has clarified when representative proceedings may be issued on a bifurcated basis and the application of the regime to securities claims.
By Oliver Middleton and Duncan Graves
The English Court of Appeal has confirmed the strike out of a bifurcated representative action under CPR 19.8 for claims under Section 90A FSMA,1…
The US executive order halts new and existing foreign bribery investigations — but enforcement risk in the UK and Europe remains.
By Pamela Reddy, Nathan Seltzer, Clare Nida, Annie Birch, and Matthew Unsworth
On 10 February 2025, President Trump issued an executive order titled “Pausing Foreign Corrupt Practices Act Enforcement to Further American Economic and National…
A view of the landscape in Europe and the UK.
By Martin Davies and Thomas Grützner
Welcome to our Litigation 2024 Year in Review and 2025 Outlook. In this report, we examine the legal trends that have shaped the commercial landscape in Europe and the UK and explore how these developments are likely to evolve in the coming year.…
SMRs are attracting growing attention from governments, investors, and financiers as a means to power the energy transition, offering the promise of shorter construction times, scalability, and reduced financial risk compared to traditional nuclear reactors.
By Tom Bartlett, Beatrice Lo, JP Sweny, Simon Tysoe, Sam Burleton, and Tom Glynne-Jones
Nuclear power is attracting growing interest…
A recent statutory instrument aims to remove legal uncertainty surrounding crypto staking and ease blockchain operations.
By Stuart Davis, Gabriel Lakeman, and Emma Trankeenan
On 9 January 2025, the UK Government published the Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2025 (SI 2025/17) (the Staking SI) and the accompanying explanatory memorandum (the Explanatory Memorandum).…
The FCA is approaching its design of the world’s first regulated private/public crossover market with a “private plus” rather than a “public minus” mindset.
By Mark Austin, Rob Moulton, James Inness, Anna Ngo, Frederick Gardner, and Johannes Poon
On 17 December 2024, the FCA launched a consultation on its proposed regulatory framework for the Private…
The NPV aims to promote growth and international competitiveness by advancing open banking, re-evaluating the approach to regulating the sector, and continuing the fight against fraud.
By Brett Carr, Christian F. McDermott, and Stuart Davis
On 14 November 2024, the UK government published the National Payments Vision (NPV or Vision), which represents the government’s view on how to…
The world’s first regulated private/public crossover market is significantly redesigned as a friction-free “private up” rather than “public down” market with rethought approach to disclosure and market abuse.
By Mark Austin, Chris Horton, James Inness, Anna Ngo, Frederick Gardner, and Johannes Poon
On 14 November 2024, the UK government published its response to the March…
Guidance clarifies the implementation date, scope, and application of landmark new corporate offence, and provides suggestions for fraud-prevention procedures.
By Pamela Reddy, Clare Nida, Annie Birch, and Matthew Unsworth
On 6 November 2024, the UK Home Office published long-awaited statutory guidance on the new corporate offence of “failure to prevent fraud” (the Guidance).1 The failure to…
The new financing initiative aims to enhance collaboration amongst export credit agency and development finance institutions to support financing for critical mineral projects.
By Tom Bartlett, JP Sweny, Alexander Buckeridge-Hocking, and Samuel Burleton
The Minerals Security Partnership Finance Network (MSPFN), a joint financing body, was announced by the United States, the European Commission, the United Kingdom, Canada…
Recent reforms in the UK market have led to less prescriptive executive remuneration principles that encourage companies to tailor structures to their business, strategy, and performance while consulting with shareholders.
By Mark Austin, Kendall Burnett, Sarah Gadd, James Inness, Anna Ngo, and Johannes Poon
On 8 October 2024, the Investment Association (IA) updated its Principles…
