Linked to an announcement of settlements with a number of firms the European Commission has fined ICAP, a UK based inter-dealer broker, €14.9 million for participating in cartels in relation to Yen interest rate derivatives. The Commission found that ICAP acted as a communications channel between two traders, using its contacts at Japanese Yen London […]

We are consulting on procedural guidance relating to the competition powers we will get on 1 April 2015 and minor amendments to the FCA Handbook. Why are we consulting on this? We have designed our procedures with the aim of using our competition powers effectively and efficiently. This should benefit consumers through detecting, enforcing against […]

A number of recent developments have highlighted the potential exposure of private equity firms to competition law risks as a result of the activities of their portfolio companies. In this briefing, we look at what private equity firms need to watch out for and how they can minimize the risks that they face. Why worry? […]

Comsure expert warns Cartels will face big fines… read more https://archive.comsuregroup.com/wp-content/uploads/2014/07/JEP-Article.pdf https://archive.comsuregroup.com/archive/

The financial sector has long been a focal point for UK competition law enforcement. The last year has seen a strengthening of this trend. In this article we explore the major recent and ongoing developments, namely the following: Institutional developments – not only is the Financial Conduct Authority (FCA) set to gain “concurrent” competition law […]