Regulatory Updates

FCA updates its Supervisory Correspondence web page

30 Apr 2025 - In The News

The FCA has updated its Supervisory Correspondence web page to include information on historical letters and market reports. • In relation to historical letters, the FCA has marked most supervisory correspondence pre-dating April 2022 as 'historical' and no…

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ASA publishes a reminder about the use of images in advertising

24 Apr 2025 - In The News

The Advertising Standards Authority has published a reminder any guidance about the use of images in advertising. When the ASA assesses a complaint about an ad, it doesn’t look at individual claims in isolation. Rather, it assesses the ad in its entirety. It…

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SFO charges London insurance broker firm with failing to prevent bribery

17 Apr 2025 - In The News

The Serious Fraud Office (SFO) has accused a UK insurance broker of failing to prevent international bribery in Ecuador. Representatives of United Insurance Brokers Limited (UIBL) have been ordered to appear before Westminster Magistrates’ Court on 7th May to…

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ICO fines law firm £60,000 for data system security weaknesses

16 Apr 2025 - In The News

The Information Commissioner's Office has fined DPP Law Ltd (DPP) £60,000, following a cyber attack that led to highly sensitive and confidential personal information being published on the dark web. The firm failed to put sufficient measures in place to…

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CMA publishes a raft of guidance in relation to consumer law oversight

7 Apr 2025 - In The News

The CMA has published a raft of new web pages and guidance documents in relation to the impact of the new consumer protection regime under the Digital Markets, Competition and Consumers Act 2024 (DMCC), most of which came into force on 6th April 2025. The…

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Financial Ombudsman Service publishes its 2025/26 Plans and Budget

3 Apr 2025 - In The News

The FOS has set itself ambitious targets to address significant demand and to improve the efficiency of its case resolution processes, as part of its Plans and Budget 2025-26, according to plans for the year ahead. FOS expects to resolve 270,000 cases –…

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