Publication
Distress signals – Cooperation agreements or mergers to the rescue in times of crisis?
The current volatile and unpredictable economic climate creates challenges for businesses.
United Kingdom | Publication | November 2024
In this edition of Regulation Around the World we review the UK Financial Conduct Authority’s (FCA) Consumer Duty (UK Consumer Duty) and see if other international financial services authorities have already got similar concepts in their frameworks; or whether the UK Consumer Duty not only sets a new UK standard for conduct in retail markets, but a new international standard across those markets surveyed.
We do this by taking a closer look at eight core components of the UK Consumer Duty, to identify whether it is a global first or whether in fact there are areas of other markets internationally which are already comparable to this new ‘higher standard’ in the UK.
The core components are:
In terms of other markets, we review the regimes as they apply to investment business in the European Union, Australia, South Africa, Singapore, Hong Kong, China and the United States.
The publication covers developments to October 30, 2024.
Publication
The current volatile and unpredictable economic climate creates challenges for businesses.
Publication
Recent tariffs and other trade measures have transformed the international trade landscape, impacting almost every sector, region and business worldwide.
Publication
In mid-March 2025, Cognia Law and Norton Rose Fulbright’s Legal Operations Consulting team co-hosted a second roundtable event that brought together senior leaders, including GCs, COO and head of legal operations, from across the legal industry to discuss how to drive meaningful change within the legal ecosystem.
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