Matthew Sinclair-Thomson, Sandeep Ravikumar and Loukia Kopitsa of Kirkland and Ellis (International) LLP review recent UK competition law developments in the financial sector. This update covers key developments in the application of competition law to the financial sector in the UK in recent months. In this update, we focus in particular on recent decisions of the Competition Appeal Tribunal and the Competition and Markets Authority, and the first intersection between the crypto world and UK competition law.