After Months of Anticipation, The FCA Releases Its Guidance on Non-Financial Misconduct

workplace meeting

On 12 December, the Financial Conduct Authority (FCA) finally issued its official response to the public consultation on non-financial misconduct (NFM). This was issued through a Policy Statement PS25/23, finalising new binding regulatory rules and accompanying official guidance on NFM.

The Policy Statement

79 respondents contributed to the consultation, including Squire Patton Boggs. At long last, we have the final rules and guidance, which will be binding on all FCA-regulated firms from 1 September 2026. Or so we thought…

The … Read the rest

FTC Releases Tentative Agenda for Attention Economy Workshop on June 4

The Federal Trade Commission has released the tentative agenda for its June 4, 2025 workshop on “The Attention Economy: How Big Tech Firms Exploit Children and Hurt Families.”

The workshop, which will take place in person and online, will examine how Big Tech companies impose addictive design features, erode parental authority, and fail to protect children from exposure to harmful content. The event will include remarks from Sens. Marsha Blackburn, R-Tenn., and Katie Britt, R-Ala., as well as FTC Chairman … Read the rest

What Do Plaintiffs’ Lawyers’ Pre-Filing Press Releases Signify?

One of the procedural innovations the PSLRA introduced was the requirement that plaintiffs’ counsel who file a securities class action lawsuit complaint must issue a press release announcing the complaint’s filing and notifying prospective class members of the opportunity to seek to become lead plaintiff. Plaintiffs’ lawyers quickly realized the potential publicity value for them from this exercise. Over time, related practices have developed, including the now commonplace practice in which plaintiffs’ lawyers issue a press release before they have … Read the rest