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Regulatory Reform Investment United Kingdom

McDermott Will & Schulte

UK Reforms National Security and Investment Regime: Streamlining or Expansion?

On 22 July 2025, the UK Government announced a set of targeted reforms to the National Security and Investment Act 2021 (NSI Act) and launched a consultation into proposed further changes. Alongside the reforms, the 2024-25...more

Katten Muchin Rosenman LLP

UK Ancillary Activities Exemption Proposals Published for Commodity Derivatives and Emission Allowances

The Financial Conduct Authority (FCA) recently published a consultation (Consultation) setting out its proposed approach to revising the ancillary activities test (AAT), which forms part of the ancillary activities exemption...more

A&O Shearman

FCA publishes final rules for firms operating public offer platforms

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The UK Financial Conduct Authority (FCA) has published final policy statement PS25/10, setting out the final rules for the new public offer platforms (POP) regime. This follows consultations in July 2024 and January of this...more

Morrison & Foerster LLP

Potential Reforms to the UK Investment Screening Regime

On 22 July 2025, as part of a longstanding commitment to refine the UK’s investment screening regime to reduce burden on business, the UK government announced plans to introduce limited exemptions to the mandatory filing...more

Orrick, Herrington & Sutcliffe LLP

UK Government Launches Consultation on Proposed Reforms to the NSIA Regime: 3 Key Takeaways

Accompanying the publication of its fourth annual report on the operation of the National Security and Investment Act (“NSIA”) regime – and following its Call for Evidence in November 2023 – the UK government has launched its...more

Akin Gump Strauss Hauer & Feld LLP

UK Government Consults on Expanding NSIA Mandatory Regime to Include Water Sector and Streamlining Changes

On 22 July 2025, the UK government launched a long-awaited consultation on proposed amendments to the National Security and Investment Act 2021 (NSIA) Notifiable Acquisition Regulations (NARs). The consultation seeks to...more

A&O Shearman

UK National Security and Investment Act: reducing red tape?

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The UK government has published its latest annual report on the functioning of the UK’s investment screening regime under the National Security and Investment Act 2021 (NSIA) as well as announcing its intention to reduce...more

A&O Shearman

Mansion House: Leeds Reforms

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HM Treasury has published a press release confirming a significant package of measures aimed at making the UK the prime destination for financial services by 2035, referred to as the "Leeds Reforms"...more

A&O Shearman

Mansion House: FCA statement on market reforms and what's to come

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The UK Financial Conduct Authority (FCA) has published a statement on its work to date reforming the UK capital markets, and what lies ahead in terms of consultations and developments expected later this year and in 2026. The...more

A&O Shearman

Mansion House: Financial Services Growth and Competitiveness Strategy

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The UK government has published its Financial Services Growth and Competitiveness Strategy, a ten-year plan to drive growth and competitiveness in the UK financial services sector. The strategy follows a call for evidence...more

K&L Gates LLP

Upwards-Only Rent Reviews to be Banned in New Commercial Leases

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Summary - As part of the English Devolution and Community Empowerment Bill (the Bill), the Government has announced plans to ban upwards-only rent reviews in new commercial leases in England (English Devolution and Community...more

Paul Hastings LLP

From Burden to Balance: UK Moves to Streamline NSIA Regime

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On 22 July 2025, the UK Cabinet Office announced a package of proposed reforms to the National Security and Investment Act (NSIA) 2021 aimed at streamlining the regime and easing the burden facing businesses who trigger NSIA...more

Morgan Lewis

UK Life Sciences Sector Plan: What In-House Legal and Compliance Teams Need to Know

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The UK government recently unveiled its 10-year Life Sciences Sector Plan, putting forward a comprehensive strategy for transforming the UK into a global leader in life sciences by 2035. This LawFlash outlines key areas of...more

A&O Shearman

FCA plans to modernise client categorisation rules

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The UK Financial Conduct Authority has announced plans to review its client categorisation rules to unlock more investment opportunities for wealthy investors and support capital markets...more

Pillsbury Winthrop Shaw Pittman LLP

Artificial Intelligence and Data Centers: A View from the UK and EU

The UK government has set ambitious goals in the realm of artificial intelligence (AI) and data infrastructure since the 2024 general election, with further significant announcements and commitments to follow. Businesses...more

Hogan Lovells

UK Mansion House 2025 and Financial Services Growth and Competitiveness Strategy: summary of key initiatives

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The Chancellor of the Exchequer has delivered her second Mansion House speech and announced the “Leeds Reforms” in conjunction with publication of the awaited Financial Services Growth and Competitiveness Strategy and related...more

A&O Shearman

FCA consults on future of SI regime for bonds and derivatives

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The UK Financial Conduct Authority (FCA) has published consultation paper CP25/20 on the systematic internaliser (SI) regime for bonds and derivatives. The consultation builds on the November 2024 final policy statement which...more

A&O Shearman

HMT and UK FCA announce new "targeted support" proposals for pensions and retail investments

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The UK Financial Conduct Authority (FCA) has published a consultation paper CP25/17 (CP) accompanied by a press release and updated webpage, proposing a new regulatory framework for "targeted support" in pensions and retail...more

A&O Shearman

PRA consults on proposed reforms to credit union investment rules

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The Prudential Regulation Authority (PRA) has published consultation paper CP13/25 proposing amendments to the credit union investment rules to permit investments in credit union service organisations (CUSOs). The proposals...more

Latham & Watkins LLP

UK Government Consults on Sustainability Reporting Standards and Climate Transition Planning

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On 25 June 2025, the UK government launched three consultations as part of London Climate Action Week, which are intended to form key parts of the government’s programme to make the UK the “sustainable finance capital of the...more

Hogan Lovells

HL UK Pensions Law Digest 16 June 2025

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Welcome to our latest update, in which we cover: Pensions Regulator (TPR): completing the jigsaw A blog from TPR welcoming the opportunities presented by the Pension Schemes Bill; Pensions Ombudsman (PO): Operating Model...more

A&O Shearman

UK Pensions: What’s new this week? June 9, 2025

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Government to legislate to help with Virgin Media issues - The...more

Mayer Brown

"Game-Changing" Pensions Reform – The Pension Schemes Bill is Published

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The long-awaited Pension Schemes Bill has been laid before Parliament. Described by the government as a "game changer", it aims to increase members' pension pots and deliver a £50 billion investment into the UK economy. The...more

Hogan Lovells

HL Pensions Digest – 2 June 2025

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A bite-sized summary of recent UK pension news Welcome to our latest update, in which we cover: The DWP’s consultation response to Options for defined benefit (DB) schemes: Surplus extraction from DB schemes Proposals...more

Baker Botts L.L.P.

Levelling the playing field: CMA’s Powers Narrowed in Pro-Growth Shift

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The UK Government has published the final version of its Strategic Steer to the CMA, which aims to create a “level playing field” through better regulation and, despite recognising the CMA’s independence in the exercise of...more

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