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 It has recently withdrawn from the European Union in what has become famously known as the Brexit-split.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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Jan
26
2018
FCA Publishes Position Limits on the Swiss Baseload Power Contract Katten
Feb
2
2018
House of Lords European Union Committee Publishes Report on Brexit and The Future of Financial Regulation Katten
Feb
12
2018
FCA and ICO Publish Joint Update on GDPR Katten
Mar
2
2018
UK's FCA Announces Public Register of Certification Employees Katten
Mar
12
2018
FCA Confirms Amendment to the LEI Validation Rule Effective March 2018 Katten
Aug
24
2018
UK Government Publishes No-Deal Brexit Technical Notice for Financial Services Katten
Oct
15
2018
Bridging the Weeks by Gary DeWaal: October 1 - 12 and October 15, 2018 (Self-Reporting Pays; Costly Cyber-Attack; No Systemic Threat by Crypto-Assets) Katten
Nov
30
2018
Electronic Money, Payment Services and Payment Systems Regulations 2018 Published Katten
Jan
11
2019
FCA Consults on Contractual Certainty Post-Brexit Katten
Feb
23
2019
ESMA to Recognize Three UK CCPs in the Event of a No-Deal Brexit Katten
Jun
16
2019
FCA Publishes Policy Statement and Final Rules on the Shareholder Rights Directive II and Related Party Transactions Katten
Jul
19
2019
ESMA Consults on Compliance Function for UK and EU Investment Firms Katten
Oct
12
2019
FCA Publishes “Brexit Special” Market Watch Katten
Dec
23
2019
FCA Updates SM&CR Webpage Katten
Jan
24
2020
FCA Publishes Dear CEO Letter for UK Asset Management Firms Katten
Feb
15
2020
FCA Decommissions EMIR Web Portal Katten
Apr
1
2020
Electronic Signatures – Remote Working and the Execution of Deeds Katten
May
8
2020
ESG: House of Commons EU Scrutiny Committee Letter Regarding the Taxonomy Regime Katten
Jun
12
2020
FCA Publishes Insight Article on Conduct and Culture during the COVID-19 Pandemic Katten
Oct
23
2020
FCA Publishes New and Updated Whistleblowing Webpages Katten
Nov
13
2020
HM Treasury Announced Equivalence Decisions for EEA and EU Member States Katten
Dec
16
2012
FSA Expresses Concerns About Outsourcing by Asset Managers Katten
Aug
15
2014
European Securities and Markets Authority (ESMA) Publishes Guidelines on Reporting Obligations Under the Alternative Investment Fund Managers Directive (AIFMD) Katten
Jul
17
2015
Summer Budget 2015––Carried Interest: Abolition of Base Cost Shift Katten
Apr
4
2023
Spring Greens in Fashion – From Runway to Regulation Katten
Mar
28
2016
Bridging the Week: March 21 - 25, and 28, 2016 (Spoofing; Position Limits; FINRA Authority; Large Trader Reports; Algorithmic Trading) Katten
May
1
2016
UK Financial Conduct Authority Trade Association Roundtable on MiFID II Implementation Katten
May
28
2016
UK Court of Appeal Decision: Certain Administrative Activities Conducted in the UK Katten
Jun
24
2016
Brexit: Implications for the Financial Services Industry Katten
Oct
25
2023
UK Crypto AML Registrations: FCA Feedback on Good and Poor Quality Applications Katten
Aug
19
2016
City of London Law Society and Joint Working Parties Publish Second EU Market Abuse Regulation Q&A Katten
Jan
17
2024
UK Regulators Publish Policy Statement on Margin Requirements for Non-Centrally Cleared Derivatives Katten
Nov
5
2016
HM Treasury Responds to Consultation on Implementation of UCITS V in UK Katten
Nov
14
2016
UK Treasury Committee Publishes FCA Letter on Asset Management, Financial Services and Passporting in Post-Brexit Environment Katten
Dec
1
2016
Dollar Financial UK Ltd v HMRC: When Must Financial Intermediary Charge VAT? Katten
Jul
14
2017
ESMA Publishes Opinions To Support Supervisory Convergence Post-Brexit Katten
Aug
18
2017
FCA Updates Commodity Derivatives Website With Q&A Katten
Dec
15
2017
FCA Publishes “Dear CEO” Letter on Payment for Order Flow Katten
Jan
26
2018
FCA Publishes Statement on PRIIPs KIDs Katten
Feb
12
2018
FCA Revises List of MiFID II Position Limits Katten
Apr
6
2018
House of Commons Committee Publishes Report on Post-Brexit UK-EU Relationship Katten
May
14
2018
UK Government Proposes Beneficial Owners Registry of Overseas Companies That Own UK Property Katten
Jan
25
2019
FCA Consults on Guidance Clarifying When Cryptoassets Should Be Regulated Katten
Apr
1
2019
Bridging the Weeks by Gary DeWaal: March 18 – 29 and April 1, 2019 (Programmer’s Trial; Trade Reporting Headaches; Food Giants Settle Manipulation Enforcement Action) Katten
Apr
15
2019
FSB Publishes Directory of Cryptoassets Regulators Katten
Jul
19
2019
New EU Prospectus Regulation: Updated ESMA Questions and Answers Katten
Oct
25
2019
FCA Publishes Market Watch Newsletter Katten
Jan
24
2020
ESG and Sustainable Investments: House of Lords EU Committee Queries Taxonomy Regulation With HMT Katten
Feb
2
2020
Brexit: UK Updates TPR Start Date Katten
Jun
19
2020
HM Treasury Responds to House of Lords EU Financial Affairs Committee Recommendations on Financial Services Post-Brexit Katten
 

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