United Kingdom: Financial Services

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Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
UK AIFM Reform: Three Questions Real Asset Fund Sponsors And Investors Should Be Asking Now
The FCA's proposed overhaul of the UK alternative investment fund manager regime raises fundamental questions about fund structure, governance and investor commitments in real asset markets. As regulatory reform creates new categorisation thresholds and liquidity requirements, sponsors and investors must assess whether existing arrangements will remain viable as businesses scale and market conditions shift.
United Kingdom Finance
DLA Piper
Article
Money Covered: The Week That Was – 2 October 2026
The Institute of Chartered Accountants in England and Wales warns that a record 1.8 million UK taxpayers could receive simple assessment tax bills from HMRC this year, driven by frozen personal allowances, the state pension triple lock, and higher interest rates. The Prudential Regulation Authority provides thematic feedback on auditors' IFRS 9 reports, while the Financial Conduct Authority releases new retirement income market data and finalised guidance on crypto asset firm risk assessments.
United Kingdom Accounting
RPC
Article
The Rise Of Private Capital: Capital Solutions And The New Architecture Of Credit
The global financing landscape has undergone a structural transformation as private credit has evolved from a niche institutional allocation to occupy a central position in leveraged finance. Capital solutions has emerged as one of its most dynamic sub-strategies, offering bespoke hybrid instruments at the intersection of debt and equity that serve critical functions in complex capital structures.
United Kingdom Finance
MB
Mayer Brown
Article
Incentivisation In Private Credit Portcos: Equity After Taking The Keys?
Private credit providers taking control of distressed borrowers face unique challenges in designing effective management incentive plans. Unlike traditional private equity structures, post-restructuring scenarios require innovative combinations of equity and cash-based incentives to align management interests with lender objectives while navigating significant debt obligations and steep return hurdles.
United Kingdom Finance
M
Macfarlanes LLP
Article
Nearly Out Of PERG-atory – But Not Quite Yet: Good News As The FCA Finalises PERG 18 On Cryptoassets, But With Even More Legal Changes To Come
Cryptoasset firms face a rapidly evolving regulatory landscape as the FCA's authorisation gateway opens on 30 September 2026. With the Financial Services and Markets Act 2000 (Cryptoassets) (Miscellaneous Amendments) Regulations 2026 laid before Parliament and the FCA's finalised PERG 18 guidance published within 24 hours, firms must navigate significant perimeter changes including new stablecoin payment exclusions.
United Kingdom Finance
TS
Travers Smith LLP
Article
What Does The Anti-Money Laundering Strategy 2026–2029 Mean For Property Developers?
The UK government's new Anti-money Laundering and Asset Recovery Strategy for 2026-2029 proposes bringing property developers within the scope of the Money Laundering Regulations 2017, addressing a regulatory gap that has allowed some developers to operate outside AML requirements. A consultation launching in 2026/2027 will examine whether all property developers should face the same compliance obligations, with potential implementation as early as 2028/2029.
United Kingdom Government
KL
Herbert Smith Freehills Kramer LLP
Podcast
The Mills Review: What Banks Need To Know Now (Podcast)
The U.K. Financial Conduct Authority's Mills Review envisions a 2030 retail financial services market where AI agents could transact autonomously on behalf of consumers. Sebastian Barling and Deborah Kirk explore the review's five-level autonomy spectrum, key recommendations, and critical questions about consumer duty adequacy, infrastructure readiness, and systemic risks of AI concentration.
United Kingdom Finance
SA
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
Article
The UK-US Digital Finance Corridor: Is The EU Building The Rules While Others Build The Market?
The United Kingdom and United States are constructing a digital finance corridor through the Transatlantic Taskforce for Markets of the Future, moving beyond traditional regulatory frameworks toward practical interoperability. This initiative encompasses cross-border experimentation with tokenised assets, common approaches to settlement finality, stablecoin regulation, and a multi-money ecosystem, raising critical questions about whether Europe's comprehensive regulatory architecture can compete with jurisd
United Kingdom Finance
PL
PwC Legal Germany
Article
AI In Banking And Financial Services: Latest UK Developments And Practical Guidance
UK banks and financial services firms face both opportunities and risks as AI adoption accelerates. This webinar explores the latest regulatory developments, including the UK Mills Review, and provides practical guidance on contracts, compliance, and governance frameworks. Leading experts from A&O Shearman share board-level insights on managing AI implementation in financial institutions.
United Kingdom Finance
AO
A&O Shearman
Article
The FCA’s Non-Financial Misconduct Rule: Private Credit In The Regulatory Spotlight
The FCA's new non-financial misconduct rule, effective September 1, 2026, creates a standalone prohibition against serious bullying, harassment and violence in individual conduct rules. Private credit firms face particular exposure due to lean compliance teams, limited HR infrastructure and performance-driven cultures where senior revenue generators may receive differential treatment. The regime is reinforced by expanded fitness and propriety frameworks and enhanced regulatory reference requirements...
United Kingdom Finance
D
Dechert
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