In an article for IBC Legal’s competition law blog, George Milton, antitrust associate in Shearman & Sterling’s London office, discusses notable developments in the UK financial sector since the Financial Conduct Authority, the UK’s financial sector watchdog, was granted concurrent competition powers on 1 April 2015. Milton touches upon: the FCA’s continued recruitment drive; its investment and corporate banking market study; the discussion around "Principle 11"; and its consultation on proposed new FSMA rules on FRAND access to regulated benchmarks.

View the full article, Notable Developments Since the UK's Financial Conduct Authority was Granted Concurrent Competition Powers