UK Knowledge Collection | Climate change and states' obligations, carried interest, and compliance webinar series

A recent advisory opinion by the International Court of Justice on the obligations of states in respect of climate change has concluded that the principal climate change treaties impose legally binding obligations on states to prevent climate harms, to adopt mitigation and adaption measures to reduce greenhouse gases and to cooperate in good faith. Our Insight looks at the implications of this decision, which is not directly enforceable, and at what businesses can expect in terms of future regulation, litigation and compliance risk.

A new tax regime for carried interest will come into effect next April. Our Insight looks at the detail of the proposed changes, which amount to a significant overhaul of the rules, and the impact on fund managers.

And our Eating Compliance for Breakfast webinar series returns in September, beginning with sessions on the EU's omnibus package, which aims to simplify reporting and due diligence obligations on business, and on the latest developments in the passage of the government's Employment Rights Bill. Also in September, our products team will be hosting a seminar at our London office to discuss the implications of the Product Regulation and Metrology Act 2025 and other regulatory reforms on product safety and the circular economy.

Recent Insights

International video game law: what issues are IP owners facing when exploiting game IP in new ways?

When broadening their commercial use of their intellectual property, video game companies are also encountering novel legal risks.
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International Court of Justice issues landmark opinion on state obligations and climate change

For the first time, the ICJ establishes that states' climate obligations are duties whose non-observance may entail responsibility as internationally wrongful acts under the secondary rules of international law.
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UK tax tribunal dismisses appeal against goodwill degrouping charge

The recent decision by the First-tier Tribunal in Currys Retail Limited shows that the tax treatment of intangible assets continues to be an area of scrutiny for HMRC.
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What fund managers need to know about the UK's new carried interest tax regime

A revised regime for carried interest will come into effect from 6 April 2026, bringing it into the UK income tax framework. HMRC published the draft legislation on 21 July, subject to an eight-week consultation process.
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Supreme Court hands down much-anticipated judgment in UK motor finance commission case

The Supreme Court's Johnson v FirstRand Bank ruling has given the lending and broking industry welcome clarity on what is required for a fiduciary duty to arise. The FCA has announced it will consult on a proposed redress scheme.
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Events

Eating Compliance for Breakfast

09:00-09:30
Decoding the EU Omnibus Package | 9 September
The Employment Rights Bill: Latest developments and actions | 16 September
EU AI Act: Key compliance updates | 23 September
The Data Use and Access Act | 30 September
Failure to Prevent Fraud: The first month and beyond | 7 October
Navigating new powers: Mitigating the risks of internal investigations | 14 October
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Products Unpacked

10 September | One London Wall | 09:00-12:30
A seminar covering some of the principal changes coming to the product safety and compliance regime in the UK and EU, followed by a networking lunch at our London office.
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Life Sciences Academy | Freedom of research and trade secrets in the life sciences industry

23 September | 10:00-11:00
How can employers safeguard trade secrets without overstepping contractual freedom? This webinar explores the protection of trade secrets after employment termination, non-disclosure agreements and infringement remedies.
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Future of Infrastructure 2025

24 September | IMechE | 16:00-20:00
A panel of industry leaders will provide insight and debate about how the infrastructure sector will develop over the next ten years and beyond. How is the industry gearing up for billions in planned investment and accelerated delivery programmes?
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When things go wrong: a legal survival guide

15 October 2025 | Thames Valley Office | 09:00 - 11:30
Join our experts on how to map out and respond to commonly seen risk issues (including managing disgruntled investors and difficult board decisions, dealing with employee misconduct, fraud, early-stage litigation and real estate problems).
Learn what steps to take internally to protect your business, and the early indicators that you might want to involve legal and compliance specialists.
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