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On 14 July 2026, the UK Supreme Court handed down its judgment in Saxon Woods Investments Limited and others v Francesco Costa [2026] UKSC 21.
For the first time, the Supreme Court considered the proper interpretation of a director’s duty under section 172(1) of the Companies Act 2006 (CA 2006) to “act in the way he considers, in good faith, would be most likel...
The Financial Conduct Authority (FCA) has signalled that it continues to have high expectations for asset management firms’ financial crime controls, as its latest data showed that over 75% of its 2025–26 enforcement work focused on financial crime. As such, asset managers and alternative investment firms should take note of new FCA guidance, which identifies examples of good...
Bank On It is a monthly newsletter providing insights into the latest U.S. financial regulatory developments impacting banks and other financial institutions.
Main Street Capital Access ActThe House of Representatives passed the Main Street...