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News review: February

- Sainsbury's reveals legal plans Supermarket chain Sainsbury's announced its plan to launch a legal...

- Sainsbury's reveals legal plans Supermarket chain Sainsbury's announced its plan to launch a legal services operation through its banking arm. This followed the announcement that it had sold 5% of its shareholding in Sainsbury's Bank for £21m to Halifax Bank of Scotland (HBOS). The bank will now become a 50:50 joint venture between Sainsbury's and HBOS. Sainsbury's entry into legal services will see it join the Co-operative and The AA, which recently revealed they would also launch operations

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Why The Mills Review is the AI starting pistol for brokers

Most coverage of The Mills Review, published on 6 July, has focused on what it does not do. There is no new AI rulebook, no new obligations and nothing specific to implement. But that somewhat misses the point, writes Robin Knowles, compliance consultant at UKGI.

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