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Banking [2026] EWHC 1170 (Ch)

Marks and Spencer Financial Services Plc, Re

Marks and Spencer Financial Services Plc, Re [2026] EWHC 1170 (Ch) (23 March 2026)

The High Court sanctioned a Part VII FSMA banking transfer from Marks and Spencer Financial Services plc to HSBC UK Bank plc, finding no material adverse effect and no regulatory objection.

  • Banking business transfer
  • Part vii fsma
  • Employee transfer
  • Customer protection
  • Regulatory approval
  • Part-vii-fsma
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