AI Promised Efficiency; Now It Is Creating Commercial Disputes
Artificial intelligence has moved from boardroom discussion to business reality at remarkable speed. Organisations of all sizes are using...
Quincecare, APP Fraud and the Search for a Remedy: More Questions Than Answers Following Moorwand v Hamblin
In October 2024, the Payment Systems Regulator introduced a mandatory reimbursement framework requiring UK payment service providers to...
FOS Redress Reforms: What the Expanded Powers to Dismiss Complaints Mean for Firms and Consumers
The Financial Ombudsman Service (“FOS”) has just announced a package of reforms aimed at modernising its role as a dispute resolution...
Saxon Woods v Costa - standard of conduct required by a director in seeking to promote the success of the company
Directors are expected to exercise their own commercial judgment when deciding what is in the best interests of a company.
A recent...
Consumer Duty moves from supervision to enforcement
New publication provides insight on Consumer Duty
The Financial Conduct Authority (“FCA”) has published the second edition of Enforcement...
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