Legal News
UK Legal News, Articles, Reports and Tweets from Leading City of London Law Firm, LEXLAW.
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APPG on Fair Business Banking: Improve SMEs access to justice and establish a Financial Services Tribunal
Posted on: July 12, 2018
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The APPG on Fair Business Banking launched their highly anticipated dispute resolution report on 11 July 2018. The report, authored by Kevin Hollinrake MP and undertaken by the Centre for Policy Studies, sets out the position of the APPG on [&hellContinue Reading →]
Tags: Banking Law, Banks, Barclays, Derivatives, FCA, Financial Conduct Authority, Financial Ombudsman Service, Financial Regulation, Financial Services, FSA, Global Restructuring Group, GRG, Interest Rate Swaps, IRHP, Litigation, Media, Mis-selling, NatWest, RBS, Swaps Mis-selling
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“Banks, Frauds and Accomplices”: Police and Crime Commissioner rebukes Lloyds & large-scale UK banking fraud beyond HBOS scandal
Posted on: July 10, 2018
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New City Agenda Event, Tuesday 10th July 2018, Committee Room 14, House of Commons A well-attended New City Agenda event heard from Anthony Stansfeld, the Thames Valley Police and Crime Commissioner, on the HBOS banking fraud and the lessons from this [&hellContinue Reading →]
Tags: Banking Law, Barclays, Clydesdale Bank, FCA, Financial Conduct Authority, Financial Ombudsman Service, Financial Regulation, FSA, GRG, Lloyds, NatWest, Yorkshire Bank
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LEXLAW Submits Evidence to the Treasury Committee’s SME Finance Inquiry
Posted on: June 15, 2018
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We have today submitted evidence on the ineffectiveness of existing arrangements for dispute arbitration and settlement between SMEs and banks to the Treasury Committee‘s SME Finance Inquiry. Re: Submissions to the Treasury Select Committee’s SME Finance Inquiry in relation [&hellContinue Reading →]
Tags: Banking Law, Banks, Barclays, Derivatives, FCA, Financial Conduct Authority, Financial Ombudsman Service, Financial Regulation, FSA, Global Restructuring Group, IRHP, LIBOR Litigation, Litigation, Mis-selling, Parliament, RBS, Swaps Mis-selling, Treasury Committee
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RBS to Expand GRG Redress Scheme: Independent Oversight for Consequential Loss Compensation Appeals Process
Posted on: May 24, 2018
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The Royal Bank of Scotland (RBS) has recently announced that it will expand its redress scheme to include appeals with independent third- party oversight for consequential losses incurred by businesses in its Global Restructuring Group (GRG) turnaround division. RBS’s Chief [&hellContinue Reading →]
Tags: Banking Law, Banks, Derivatives, FCA, Financial Conduct Authority, Financial Ombudsman Service, Financial Regulation, Financial Services, Global Restructuring Group, GRG, GRG Review, Litigation, Mis-selling, RBS, Royal Bank of Scotland, WestRegister
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LIBOR, FX and Key Benchmark Rigging Claims against RBS, Barclays, HSBC & Lloyds set to Strengthen for Customers Mis-sold Derivatives
Posted on: March 9, 2018
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The door has been opened by the Court of Appeal in PAG v RBS [2018] for misrepresentation claims to be brought by a counter-party to a derivative which is linked to LIBOR, FX or key benchmark where the Swap is [&hellContinue Reading →]
Tags: Banking Law, Banks, Barclays, Derivatives, FCA, Financial Conduct Authority, Financial Regulation, Financial Services, Financial Services Authority, FSA, Global Restructuring Group, GRG, Hedging, HSBC, Interest Rate Swaps, IRHP, LIBOR, LIBOR Litigation, LIBOR Manipulation, Litigation, Lloyds, Mis-selling, RBS, Swaps Mis-selling, Swaps Settlements
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