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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
Posted in Uncategorized
Tagged Co-op Group, Co-operative Bank, Co-operative Legal Services, Project Verde
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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
Posted in Uncategorized
Tagged bencoms, Beverley Walker, changes for 01.04.13, co-ops, Draft Mutuals Order, FCA, Financial Services Act 2012, FSA, Graeme McLean, Ian Adderley, industrial and provident societies, Jonathan Bromberg, Manager's Job Description, Mutual Societies Team, mutuals registration
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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
Posted in Uncategorized
Tagged administration, co-operatives, Cobbetts LLP, cooplawman, DWF LLP, Ian Snaith, insolvency, mutuals, prepack
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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