All Insights

Tax

UK publishes draft legislation for new Securities Transfer Tax

A new single tax will replace the current Stamp Duty and SDRT regimes from next year
Tax

Catalonia modifies ISD treatment of mortis causa donations with present delivery

The repeal of the inter vivos tax treatment of mortis causa gifts with immediate delivery brings Catalonia into line with
Corporate

Multiple voting shares: the European directive and its transposition in Spain

The transposition of the Multiple Voting Shares Directive marks a fundamental shift in Spanish company law
Public law

La revisione prezzi negli appalti pubblici

Il quadro della revisione prezzi ha raggiunto una configurazione stabile ma complessa
Life Sciences and Healthcare

Spain rewrites pricing and funding rules for medical products and devices

The Ministry of Health is driving the most significant reform for medicines within the Spanish NHS in more than a
Unified Patent Court

UPC's Düsseldorf Local Division gives guidance on infringement by equivalents

Düsseldorf has adopted The Hague Local Division's Plant-e test and offered guidance on its application
Technology, Media and Telecommunications (TMT)

ESRB Warning ESRB/2026/3: Systemic Cyber Risks from Frontier AI Models — What Financial Institutions Need to Know

The ESRB’s Warning ESRB/2026/3 elevates frontier AI models (FAIMs) to a source of severe systemic cyber risk for the EU
Dispute resolution

Constitutional Court again criticises Madrid High Court's review of arbitral awards

Judicial control must be limited to checking that awards are reasoned in a way that allows the decision to be
Business crime

UK Crime and Policing Act 2026 widens corporate criminal liability to all offences

Section 250 removes a longstanding barrier to corporate prosecution and applies to companies of all sizes, with no compliance defence
Employment and pensions

UK pension reforms ease surplus release for defined benefit schemes

Should trustees aim to run on rather than buy out, what will their reformed powers allow and how will they
Energy and Energy Transition

The Energy Transition | UK government confirms framework detail ahead of Contracts for Difference Allocation Round 8

Welcome to our top picks of the latest energy regulatory and market developments in the UK's transition to net zero