Non-financial misconduct has long been a regulatory focus in the banking and financial services sector. In the FCA’s view this is because: “A corporate culture that tolerates sexual harassment or other non-financial misconduct is…
Articles in ‘Financial Services Sector’ Category
Following the 2008 global financial crash, and in a bid to prevent future financial crises, the EU introduced regulations to cap banker’s bonuses to two times their annual salaries. However, on 24 October 2023,…
We are pleased to have represented four Banks in a USD $133 million dispute against a Cypriot subsidiary of India-based, Essar Group. RWK Goodman acted for Canara Bank, Indian Overseas Bank, SBI (Mauritius) and…
Since 2020 the awareness of cryptocurrency has continued to increase. In June 2021, consumer research by the Financial Conduct Authority suggested that 78% of adults in the UK have now heard of cryptocurrencies and…