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Briefing Notes
Regulation
PRA Publishes Thematic Feedback on IFRS 9 Credit Loss Accounting, Flags Data Governance and Climate Risk Gaps at Major UK Banks
Regulators are now asking banks to prove low provisions reflect real asset quality, not inadequate risk models.
M&A
Tesco Weighs Takeover Bid for Majestic Wine as Global M&A Deal Volume Falls 41% in Q3
Rising borrowing costs are killing deal volume, yet strategic buyers like Tesco are still circling.
M&A
TPG Joins Investor Pack Seeking Monzo Stake as Formal Bid Talks End
US private equity is still chasing UK fintech stakes even as global deal volumes collapse.
AI & Law
UK Law Firms Show 10% Rise in Digital Maturity but Only 14% Have Embedded AI as Standard Practice, New Conveyancing Index Finds
Eighty-five percent of firms use AI but only 14% govern it, and that gap is where professional indemnity risk lives.