This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on the recently issued 2024-2025 annual plans of the Competition and Markets Authority (CMA), the Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA), the latter’s continued scrutiny of Big Tech’s impact on competition in the UK financial sector, as well as the latest developments in ongoing class action cases.
13 June 2024This update covers key developments in the application of competition law to the financial sector in the UK in recent months.
13 June 2024Matthew Sinclair-Thomson and Sandeep Ravikumar of Kirkland & Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. The work of regulators continues to be impacted by COVID-19, but the Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) have continued to progress market study work, including a wide-ranging update into all aspects of the loyalty penalty super-complaint investigation.
13 June 2024This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on the latest developments in ongoing class action cases.
28 May 2024Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on proposals and actions of the Competition and Markets Authority (CMA) for the implementation of an open banking ecosystem in the UK and on the latest developments in ongoing class action and cartel cases.
25 March 2024Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on market studies and enforcement action by the UK’s financial regulators.
25 March 2024Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this update, we focus in particular on recent decisions of the Competition Appeal Tribunal and the Competition and Markets Authority, and the first intersection between the crypto world and UK competition law.
19 March 2024Our regular updates cover key developments in the application of competition law to the financial sector in the UK in recent months. In this update, we focus in particular on the intersection between Big Tech’s presence in the financial sector and UK competition law, the entry into effect of new UK and EU subsidy control regimes and the latest developments in ongoing class action and cartel cases, as well as in the Competition and Markets Authority’s (CMA) continued enforcement of open banking in the UK.
19 March 2024Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this issue, we focus in particular on the Financial Conduct Authority’s (FCA) and the Competition and Markets Authority’s (CMA) continued enforcement of competition in the financial sector and open banking in the UK, as well as recent developments showing that the CMA’s tough stance on mergers is unlikely to change any time soon.
19 March 2024Matthew Sinclair-Thomson, Loukia Kopitsa and Chloe Temmerman of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector
18 March 2024