United Kingdom

Often referred to as the UK or Great Britain, the United Kingdom is a sovereign country located in Western Europe. The United Kingdom encompasses the island of Great Britain, the Northeastern portion of Ireland, and several smaller islands. Apart from the land-border it shares with Northern Ireland, the United Kingdom is surrounded by the North Sea, the Atlantic Ocean, the Celtic Sea, and the English Channel. It has the 12th largest coastline in the world.

The UK is a constitutional monarchy and is governed by a parliamentary democracy. Queen Elizabeth has been the reigning monarch since 1952, giving her the title of the longest serving head of the state. The capital city is London, which has a population of over 10 million residents. It is a global city and major financial centre not only in the country, but worldwide as well. The United Kingdom is comprised of four countries including: England, Wales, Scotland, and Northern Ireland.

The UK has sovereignty over 17 territories which includes three Crown Dependencies and fourteen overseas territories. The UK is governed under the monarch, and the Constitution is uncodified consisting mainly of statutes, international treatises, judge-made law, case law, and the constitutional conventions.

The UK is a member of the United Nations Security Council. It is also a standing member of NATO, G7 Finance Ministers, the G7 Forum, the Commonwealth of Nations, Council of Europe. WTO, OECD, and OSCE. It has recently withdrawn from the European Union in what has become famously known as the Brexit-split. The UK also has a “special relationship” with the United States and a close partnership with France, as the nation shares nuclear weapon technologies with both countries.

The UK has a highly diversified economy, with its GDP coming mainly from the service sector. It’s economy is greatly driven by the banking/financial sector, pharmaceuticals, international trade, and tourism. The aerospace industry is highly profitable for the UK, as is the motorsports industry, and agriculture industry. The British pound is one of the most highly used forms of currency as the UK deals with so many international partners in trade and import/export transactions.

The National Law Review covers a number of cases, litigation, and news stories from the UK. M&A transactions, ICO and bitcoin transactions, and the banking industry/financial sector; including the UK Financial Conduct Authority. The National Law Review also covers cases from the Employment Tribunal on cases involving wrongful termination, discrimination, and harassment. Visitors to the National Law Review will also find various news stories and new legislation post-Brexit, including the impending General Data Protection Regulation which will become effective in May of 2018. From news, to financial services, to litigation in the United Kingdom, visitors to the National Law Review will always find the latest content online.

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Mar
9
2018
FCA Webpage on Capital Requirements Adds Important Transitional Arrangement Katten
May
11
2018
UK Government Responds to Report on Brexit Katten
May
25
2018
FCA Publishes Findings From Its Review of Automated Investment Services Katten
Jun
8
2018
FIA Publishes Report on Clearing Members’ Brexit Implementation Plans Katten
Oct
12
2018
UK FCA Publishes Consultations Relating to Brexit Katten
Nov
9
2018
ESMA Proposes Regulatory Change To Support the Brexit Preparations of Counterparties to Uncleared OTC Derivatives Katten
Dec
21
2018
FCA MAR and Crime Systems Guidance Published and Post-Brexit Prep Katten
Mar
1
2019
FCA Publishes Speech on Firms’ Progress To Transition From LIBOR to Alternative Risk-Free Rates Katten
Mar
9
2019
FCA Publishes Statement on Operation of UK MiFIR Transparency Following No-Deal Brexit Katten
Mar
30
2019
CFTC Small Business Rule and Brexit Provisions Katten
Sep
27
2019
FCA Updates Directions Under the Temporary Transitional Power Katten
Nov
8
2019
FCA Extends Brexit Deadlines Katten
Nov
22
2019
Cryptoassets: UK Jurisdiction Taskforce Publishes Statement Katten
Jan
24
2020
FCA Publishes Dear CEO Letter for UK Alternative Investment Firms Katten
Apr
16
2020
United Kingdom Digital Services Tax Katten
Apr
24
2020
An Overview of the Construction VAT Domestic Reverse Charge Katten
Apr
30
2021
FCA Consults on Changes to Conduct and Organizational Rules Under UK MiFID and Webpage on Climate Change and Sustainable Finance Katten
Mar
24
2013
UK Financial Services Authority (FSA) Publishes Second EU Alternative Investment Fund Managers Directive (AIFMD) Consultation Paper Katten
Sep
28
2014
London Metal Exchange Provides Revised Guidance on Structure, Terminology and Order Execution Katten
Dec
9
2014
Bridging the Week: December 1 to 5 and 8, 2014 [VIDEO] Katten
Aug
8
2022
UK Real Property Beneficial Ownership Register Progresses in England and Wales Katten
Sep
28
2023
ICO Joint Statement on Data Scraping and the Protection of Privacy Katten
Aug
19
2016
Brexit: Government Statement on EU Nationals in UK Katten
Nov
15
2023
UK Regulators Publish Policy Statement on the Bonus Cap Removal Katten
Jan
17
2024
FCA Consults on UK Commodity Derivatives Regulatory Framework Reform Katten
Mar
12
2017
HM Treasury Amends Definition of Financial Advice Katten
Mar
26
2017
Anti-Money Laundering: UK FCA Releases Draft Guidance on PEPs for Consultation Katten
Apr
1
2017
Investment Association Consults on New Code for Charges and Transaction Costs Disclosure Katten
Apr
8
2017
European Parliament Adopts Resolution on Brexit Negotiations With UK Katten
Apr
14
2017
PRA Issues “Dear CEO” Letters on Brexit Contingency Planning Katten
Jun
21
2017
The Scambler Case: Tax Law in Plain English? Katten
Jul
24
2017
Bridging the Week: July 17 to 21 and July 24, 2017 (LOPR; Transitory EFRPs; Injunction Against Cutting Off Services; Convictions for Manipulation Overturned; London Whale) [VIDEO] Katten
Sep
1
2017
New FCA Web Page on Position Limits for Commodity Derivative Contracts Under MiFID II Katten
Mar
9
2018
UK Government Guarantees Gibraltar Financial Services Firms’ Access to UK Markets Katten
May
26
2018
Treasury Committee’s Virtual Currencies Inquiry Publishes FCA and Bank of England Evidence Katten
 

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