‘As the price of the controversial “cryptocurrency” Bitcoin plunges, new figures show that the City watchdog is stepping up its investigations into the murky sector.’
Daily Telegraph, 25th November 2018
Source: www.telegraph.co.uk
‘The City watchdog has proposed a price cap on rent-to-own companies in a clampdown on “excessive charges” expected to save 300,000 vulnerable customers up to £22.7m a year.’
The Guardian, 22nd November 2018
Source: www.theguardian.com
‘Virgin Media and EE have been fined a combined £13.3m by the regulator Ofcom for overcharging nearly 500,000 phone and broadband customers who wanted to leave their contracts early.@
The Guardian, 16th November 2018
Source: www.theguardian.com
‘The Legal Services Board (LSB) has approved the new SRA Handbook, including the controversial proposal to allow solicitors to provide unreserved services to the public from unregulated businesses.’
Legal Futures, 6th November 2018
Source: www.legalfutures.co.uk
‘A number of financial services firms that have failed to transparently declare what they charge their customers are being investigated by the industry watchdog, the Financial Conduct Authority (FCA).’
Daily Telegraph, 8th October 2018
Source: www.telegraph.co.uk
‘The accusation that loyal customers are being “ripped off” for mobile, broadband, savings, home insurance and mortgage deals is to be investigated by the competition body.’
BBC News, 28th September 2018
Source: www.bbc.co.uk
‘The UK’s Pensions Ombudsman has introduced a fixed-amount award to compensate individuals who have suffered “distress and inconvenience” as a result of the maladministration of a pensions scheme.’
OUT-LAW.com, 17th September 2018
Source: www.out-law.com
‘A law firm which “prematurely” issued a group litigation order (GLO) application to bring VW emissions claims ahead of other firms has been hit with an indemnity costs order by the High Court.’
Litigation Futures, 5th September 2018
Source: www.litigationfutures.com
‘The Legal Services Consumer Panel is ready to tell the government some “uncomfortable truths” about legal aid, its new chair has said.’
Legal Futures, 4th September 2018
Source: www.legalfutures.co.uk
‘The Pensions Ombudsman is planning to overhaul the way it handles pensions disputes over the coming year, it has said.’
OUT-LAW.com, 24th August 2018
Source: www.out-law.com
‘UK enforcement watchdog the Competition and Markets Authority is opening an investigation into whether social media stars are being open about paid-for endorsements.’
Technology Law Update, 20th August 2018
Source: www.technology-law-blog.co.uk
‘The recently-launched UK body charged with overseeing product safety has unveiled plans to strengthen the regulatory regime for product safety and standards, including proposals to set up a national incident management team capable of coordinating large scale product recall and repair programmes.’
OUT-LAW.com, 15th August 2018
Source: www.out-law.com
‘Companies must provide easy access to compensation if they fail to deliver shopping on time, a consumer group has urged, after Amazon was ordered to clarify its “misleading” one-day delivery claim for Prime customers.’
Daily Telegraph, 15th August 2018
Source: www.telegraph.co.uk
‘Gambling companies operating in Britain will be asked to disclose more data to help inform research into harmful play.’
OUT-LAW.com, 10th August 2018
Source: www.out-law.com
‘The health care regulator is calling for greater powers to protect patients from online GPs after a struck-off doctor was discovered using a loophole to prescribe “unsafe” drugs.’
Daily Telegraph, 6th August 2018
Source: www.telegraph.co.uk
‘The largest loan-based crowdfunding platforms operating in the UK could be required to establish “an independent compliance function” and “independent risk and internal audit functions”, according to new rules proposed by the Financial Conduct Authority (FCA).’
OUT-LAW.com, 31st July 2018
Source: www.out-law.com
‘Banks could be forced to pay savers a minimum interest rate after City regulators found that longstanding customers in instant access accounts are paid derisory rates because of their apathy about switching providers.’
The Guardian, 25th July 2018
Source: www.theguardian.com
‘The FCA is seeking views on whether there is a need for a new customer “duty of care” or “fiduciary duty”, or whether the existing rules already provide sufficient protections for consumers. It is also seeking views on a new right for consumers to seek private damages against firms which have breached the new duty or the regulatory principles set out in the FCA Handbook, particularly the requirement to “treat customers fairly”.’
OUT-LAW.com, 23rd July 2018
Source: www.out-law.com
‘The Government will take one of the world’s largest tobacco firms to court unless it stops illegally targeting UK consumers with tobacco adverts, a Minister has said.’
Daily Telegraph, 18th July 2018
Source: www.telegraph.co.uk
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