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China initiates WTO dispute with Türkiye over measures on vehicle imports
The World Trade Organisation (WTO) has received a request from China for dispute consultations with T眉rkiye concerning trade measures on imports of electric vehicles and other vehicles originating from China. China claims that T眉rkiye鈥檚 measures, including additional duties, import certificate requirements, and exemptions related to investment...
Analysing the implications of first FCA crypto ATM crackdown
Law360, London: On 10 September 2024 , the UK's Financial Conduct Authority (FCA) launched a criminal prosecution against Olumide Osunkoya, the first of an owner of a firm enabling crypto asset trading, who pled guilty to the charges. The regulator announced that it had secured its first conviction on 30 September 2024 for two offences relating to...
FCA鈥檚 Nick Hulme delivers speech on new supervisory strategy for the financial advice sector
The Financial Conduct Authority (FCA) has published a speech by Nick Hulme on its new supervisory strategy for the financial advice sector. The FCA says the strategy focuses on enhancing client outcomes with a less prescriptive, and more outcomes-based approach through the Consumer Duty, allowing firms to innovate, and reduce and prevent serious...
DESNZ updates guidance on HNES
The Department for Energy Security and Net Zero has updated its guidance on the Heat Network Efficiency Scheme (HNES), including details on new funding rounds and additional application form guidance. The updated guidance specifies that the final submission date for Round 8 of the HNES applications is 8 November 2024, while the dates for Round 9...
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