Lloyds Fined £94 Million for “Unfair” Treatment of Mortgage Customers
The FCA found that the banking group failed to take customers’ personal circumstances into account when they encountered financial difficulties.
Category: Banking & Finance
2020: The Year of EU Crypto-Asset Regulation?
The regulation of crypto-assets in the EU has, to date, consisted of a patchwork of national rules, with EU regulation only applying where crypto-assets…
How Can Machine Learning Help Us Keep Fraudsters at Bay?
With law firms at a disproportionate risk of being targeted by cybercriminals, new technology must be adopted in order to safeguard company and client…
Second Legal Charges Explained
Second legal charges, also known as second mortgages or second charge loans, refer to borrowing a second loan against a commercial or residential property…
Venezuela Launches Bid to Access $1 Billion in Bank of England Gold
The central bank of Venezuela has launched a legal battle to force BoE to transfer the gold it is storing in order to combat…
The Serious Fraud Office and the Coronavirus Challenge
As the UK government implements measures to mitigate the impact of COVID-19, the SFO will soon be called on to investigate allegations of fraud…
Cryptoassets: a Hot Topic Turned Hot Property
The High Court's recognition of cryptocurrency as 'property' has sweeping implications for both insurers and digital traders.
What Obstacles Does COVID-19 Pose to the Financial Sector?
The pandemic's challenges to the economy are numerous and great. Here, we take a brief look at the greatest threats COVID-19 poses to businesses…
How the Senior Managers and Certification Regime Improves Accountability
The aim of the FCA's new regulatory framework is to improve compliance and accountability throughout the financial sector.
How Are Chapter 7 and 13 Bankruptcies Similar?
Should you find yourself forced to file for bankruptcy, it is important to be aware of your options and the benefits they can offer…