Banking Litigation Notes

LIBOR transition: critical FCA consultation on "tough legacy" definition

High Court determines that reliance issues in context of a s.90A FSMA claim should be heard at first trial

New York legislative solution for LIBOR passed: Impact on transition of legacy LIBOR contracts

Navigating “the final and critical phase” of LIBOR – Senior Managers take heed

EU Advocate General considers interpretation of Prospectus Directive in relation to an issuer’s liability for a prospectus marketed to both retail and qualified investors

Climate-related disclosures for issuers: further steps towards mandatory requirements?

In November 2020, the UK Joint Government Regulator TCFD Taskforce published its “roadmap towards mandatory climate-related disclosures”, which set out a …

High Court strikes out s.90A FSMA claims for failure to comply with pre-service joinder rules following expiration of arguable limitation period

The High Court has struck out certain of the claims brought against G4S under section 90A Financial Services and Markets Act 2000 (FSMA), in a judgment …

LIBOR Discontinuation: FCA non-representativeness announcement

LIBOR transition: What is a "safe harbour" and why does the UK’s legislative toolkit need one?

Final EU legislative fix for legacy LIBOR: impact on transition risk for UK entities

Climate-related disclosures for issuers: FCA publishes final rules

The Financial Conduct Authority (FCA) has published a Policy Statement (PS20/17) and final rules and guidance in relation to climate-related …

High Court strikes out “paradigm” claim for reflective loss in the context of allegedly negligent advice on an IPO