Banking & finance alerts

  • 25.04.08 - High Court ruling on bank charges

    The High Court has handed down judgment in the first stage of the OFT's challenge to the legality and fairness of bank charges. For all you need to know on the judgment, read Wragge & Co's expert analysis.

  • 23.04.08 - Banking update: report and review on recent cases

    The proposed new general pre-action protocol, traceability of payments, receivers and foreign debts, unfair relationships and the Consumer Credit Act and the Uniform Rules for Collection; Wragge & Co's Banking & Finance experts bring you the latest news.

  • 18.03.08 - Banking Update: report and review on recent cases

    Wragge & Co's banking and finance experts bring you the latest on the cases and issues affecting the lending industry.

  • 21.02.08 - Banking update
    Mortgage indemnity guarantees, fraudulent valuations, adverse possession and valid demands for repayment; Wragge & Co's Banking and Finance experts bring you the latest on the cases affecting the lending industry.
  • 08.02.08 - Fixed and floating charge holders cannot participate in prescribed part for shortfalls
    Secured creditors with an unsecured shortfall cannot claim a share of the prescribed part of the floating charge realisations set aside for unsecured creditors under Section 176A of the Insolvency Act 1986.
  • 24.01.08 - Companies Act 2006 for banks: the latest on implementation

    Are you aware that shortly before Christmas, the Government announced that a number of changes proposed for 1 October 2008 were to be postponed for a further year, until 1 October 2009? 

  • 15.01.08 - Thinking ahead - Rome II from the banker's perspective
    From 11 January 2009, the Rome II Regulations will apply to determine the law governing non-contractual obligations between parties to a contract.
  • 26.10.07 - Claiming compound interest
    A House of Lords decision has widened the circumstances in which compound, as opposed to simple, interest can be claimed where such a claim has not been contractually provided for.
  • 27.09.07 - Banking Bulletin September 2007
  • 08.08.07 - Consumer Credit Act 2006 - Post-contract information
    The Consumer Credit (Information Requirements and Duration of Licences and Charges) Regulations 2007 were laid before Parliament on 4 April 2007.
  • 20.07.07 - Banking Bulletin - July
  • 21.05.07 - Banking Bulletin
  • 06.02.07 - Commission publishes final report on retail banking sector inquiry
    On 31 January 2007, the European Commission published its final report on the inquiry into the retail banking sector. The European retail banking sector is estimated to have generated gross income equivalent to about two per cent of total EU GDP in 2004.
  • 01.02.07 - Companies Act 2006: Business as usual?
    The Companies Act 2006 marks the first comprehensive reform of UK company law for decades. Between now and October 2008, it will gradually replace the Companies Act 1985, (which in the main consolidated earlier legislation, with few significant amendments)
  • 04.01.06 - Banking Bulletin - January 2006
    The bank's loan was secured on the defendant's property. A second loan from the bank, part of which was used to discharge the first loan, was later secured on the property.