United Kingdom | Publication | November 2023
On October 30, 2023, the FCA published a feedback statement on coverage under the Financial Services Compensation Scheme for long-term asset funds (LTAFs).
In June 2023, the FCA had sought views on whether it might be appropriate to remove FSCS cover for regulated activities relating to LTAFs, but in light of the feedback received, it has decided not to take forward that proposal. Instead, it intends to consider any changes to the scope of FSCS protection for retail investments in the round, rather than excluding activities relating to certain investment products in isolation.
Publication
In this edition we examine the main aspects and recommendations contained in the Law Society’s new climate change and property practice note, and assess the Supreme Court’s eagerly anticipated decision in the case of URS Corporation Ltd v BDW Trading Ltd.
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Today, further to the High Court’s decision in H&P (Advisory) Ltd v. Barrick Gold (Holdings) Ltd, Deputy Judge Simon Gleeson handed down his subsequent ruling on various consequential matters including pre-judgment interest and costs.
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In A Corporation v Firm B & Anor [2025] EWHC 1092 (Comm), the English High Court clarified the scope of the duty of arbitral confidentiality under English law, an area that has long given rise to difficult practical issues for practitioners and parties alike.
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