Knowledge

News

25 January 2023

The FCA has published its findings from its review of the Consumer Duty implementation plans of around 60 of the largest retail financial services firms who have fixed FCA supervisory...

Insights and Analysis

13 January 2023

At the annual Hogan Lovells and GBBC Digital Finance Annual Summit on 30 November 2022, Financial Regulatory partner Michael Thomas hosted a wide ranging panel discussion on UK regulatory...

Insights and Analysis

10 January 2023

The new Consumer Duty rules build on the FCA’s vulnerable customer guidance in FG21/1 and place a great emphasis on the fair treatment of vulnerable customers as an integral part of...

News

16 December 2022

Following the announcement of the Edinburgh Reforms on 9 December 2022, we have put together a quick guide and timeline to help with navigating the measures. These extensive and significant ...

News

09 December 2022

On 9 December 2022, the UK Chancellor of the Exchequer announced a package of reforms to drive growth and competitiveness in the financial services sector in the UK. The series of...

Insights and Analysis

30 November 2022

This article is the third in a series examining the range of legal areas impacted by artificial intelligence and machine learning. This article focuses on the potential benefits and...

News

11 November 2022

For many firms, the "price and value" outcome will raise many new issues, and assessing whether a product or service represents fair value will require a wholly new approach.Key ...

News

28 October 2022

This article is the second in a series on areas impacted by AI. It focuses on the upcoming implementation of a new Consumer Duty, a higher standard of behaviour for financial services firms ...

News

19 October 2022

In the discussion paper, the UK financial supervisory authorities have not provided a new legal framework or their intended future approaches for regulating the use of AI and machine...