All Insights

Regulated procurement

UK government consults on further reforms to public procurement

Changes are set to be introduced to 'strengthen economic resilience and support British businesses'
Corporate

UK counts down to identity checks for all directors and persons with significant control from November

Seven questions answered to help prepare as the significant change approaches
Business crime

'Failure to prevent fraud' prosecution guidance reinforces prospect of UK authorities' early use of new power

Ahead of the implementation of the new offence, the SFO and CPS have issued joint guidance on corporate prosecutions
Mobility

UK government grant launched to drive EV adoption risks stalling market competition

A new subsidy scheme that aims to boost the UK automotive market is raising potential anti-competitive concerns

UK space industry optimistic for future growth amid challenging conditions

A UKSA report on the state of the industry in 2024 provides an optimistic outlook for the sector despite headwinds
Financial Services

HM Treasury, FCA and FOS consult on reforms to the UK financial ombudsman and redress system

Wide-ranging reforms have been proposed to improve clarity and predictability for firms handling complaints
Tax

UK draft legislation sets out new powers to tackle promoters of tax avoidance

Concerns raised in the initial consultation have led to a scale back of original proposals but practical issues remain
Tax

First business charged under UK corporate criminal offences for failure to prevent tax evasion

In light of a landmark development relating to the Criminal Finances Act 2017, what steps should businesses take now?
Financial Services

New FCA payments safeguarding rules to protect UK consumers due in May 2026

The final rules are not major reforms but firms must implement them correctly to avoid risk of future regime changes
Financial Services

FCA listens to payment industry as it sets out its path on 'safeguarding' in the UK

A significant 'win' for firms is the deferral of the end-state proposals until at least towards the end of 2027
Technology, Media and Telecommunications (TMT)

New obligations for MSPs and VLOPs heralded in by European Media Freedom Act

VLOPs must have ensured compliance by 8 August and make any changes to meet guidelines expected potentially from autumn