LockBit operations disrupted by international law enforcement | Joint advisory about state-sponsored cyber attackers compromising critical infrastructure | Potential delay to Cyber Resilience Act

Understanding the biodiversity net gain regime On 12 February 2024, the biodiversity net gain (BNG) regime went live in England. BNG refers to the principle whereby a developer is required as part of its planning application to evidence a net gain in the biodiversity of a site it is developing...

UK government makes announcement on tackling non-compliance in the 'umbrella' companies market The UK government has announced as one of its annual Tax Administration and Maintenance Day actions that it will publish its response to the "umbrella" consultation " in due course". Umbrella companies, staffing suppliers, end users and contractors...

UK FCA improves the authorised funds rules The Financial Conduct Authority (FCA) has updated its rules for authorised UK collective investment schemes, providing additional options, as well as clarifications and corrections to the Collective Investment Scheme Sourcebook. In short, the changes include: Enabling the holding of virtual or hybrid general...

On 20 March 2024, the District Court of Amsterdam delivered a judgment in a case between Stichting ter bevordering van de Fossielvrij-beweging (Foundation for the promotion of the Fossil Free movement; Fossielvrij) and Koninklijke Luchtvaart Maatschappij N.V. (KLM). The District Court decided that a number of advertising statements made by...

Treasury Committee highlights levels of SME bank account closures by major banks | FCA's key findings of review of claims management companies carrying out unregulated claims | Law Commission consultation on draft digital assets bill

Procurement Act to go live on 28 October 2024 It has been confirmed that the new procurement regime will go live on Monday 28 October 2024, giving six months' time to prepare. For more on the changes coming into force, take a look at our microsite. The government's Procurement Act...

General election impact on the Terrorism (Protection of Premises) Bill | HSE publish strategic approach to AI | Mental Health Awareness Week

When it was announced that a UK general election would take place on 4 July, there was a two-day "wash up" period to pass draft legislation or drop it before Parliament was prorogued on 24 May (and subsequently dissolved on 30 May). Tenant groups will be dismayed that some legislation...

The FCA publishes expectations for asset manager applications The Financial Conduct Authority (FCA) has listed the most common errors specifically made by asset managers when applying for authorisation. Firms applying for an asset management permission should carefully address each of the points raised in light of their particular business model...