Category Archives: Uncategorized

Co-op Group Results: Project Verde in Doubt but Legal Services Does Well

This is not a legal post but does touch on an important issue for the whole UK co-op movement. The massive concentration of the movement into the Co-operative Group has led to a renaissance in terms of retail market share … Continue reading

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FSA/FCA Mutuals Registration Team: Job Advert & 01.04.13 Changes

Jonathan Bromberger Manager – e-Money, Mutuals & PSD Teams at the FSA writes in a widely circulated email: “I am writing to update you on several current (or upcoming) changes for the Mutuals Registration Team (“the team”) as these will influence … Continue reading

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Whatever Happened to Cobbetts…….

This has been a hectic week that has involved living in interesting times. Some of you will  know that, when doing legal practice work, I have, for many years, operated through a freelance consultancy arrangement with Manchester Solicitors Cobbetts LLP . On 31st … Continue reading

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Changes for Co-ops and Bencoms from April 1st

The Financial Services Act 2012 will have a big impact on UK credit unions. Most of their regulation moves to the Prudential Regulation Authority on 1st April 2013 – see my last post. But co-ops and other industrial and provident societies … Continue reading

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“Twin Peaks”, Regulatory Reform, and Credit Unions

On  19th December 2012  The Financial Services Act 2012 received the Royal Assent and became Law. Sections 50 to 57 deal with the transfer from the FSA to the new Financial Conduct Authority (FCA) of the registration function for industrial … Continue reading

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Why Theory Matters – even to lawyers

A thoughtful analysis of the effect of the history of co-operative law in the UK on the way co-operatives see themselves and function has recently been published by Tara Mulqueen of Birkbeck College London: Tara Mulqueen, “When a business isn’t … Continue reading

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