News & Analysis as of

Regulatory Reform Proposed Regulation United Kingdom

Skadden, Arps, Slate, Meagher & Flom LLP

UK’s Proposed New Captive Insurer Regime: Key Developments and Next Steps

What is new: The UK government has proposed a new regulatory framework for captive insurance companies, aiming to simplify regulations and enhance competitiveness in the financial services sector. Why it matters: The...more

A&O Shearman

HMT consults on Consumer Credit Act Reform – Phase 1

A&O Shearman on

HM Treasury (HMT) has published Phase 1 of its two-part consultation on reforming the Consumer Credit Act 1974 (CCA), accompanied by an updated webpage. The proposals aim to modernise the CCA to better align with new...more

Skadden, Arps, Slate, Meagher & Flom LLP

The New CCI Regulations: Changes to the UK PRIIPs Regime

Following a series of consultations, and as part of its wider overhaul of the UK’s financial services regime, in November 2023, the UK government published a draft statutory instrument that will replace existing European...more

White & Case LLP

FCA DP23/4: UK Regulation of Stablecoins

White & Case LLP on

On 6 November 2023, the UK Financial Conduct Authority ("FCA") set out proposals for its regulation of fiat-backed stablecoins ("DP 23/4"). DP 23/4 invites stakeholders to provide feedback by 6 February 2024....more

A&O Shearman

HM Treasury and PRA launch consultations on reforms to ring-fencing regime

A&O Shearman on

On 28 September, HM Treasury (the Treasury) and the Prudential Regulation Authority (PRA) published consultation papers on the proposed near-term reforms to ring-fencing measures... The Treasury also published its response to...more

A&O Shearman

Renters (Reform) Bill

A&O Shearman on

Following the Bill’s introduction to Parliament, there has been a focus on the abolition of Section 21 “no fault” evictions, but there are also other key changes to consider....more

A&O Shearman

Clinical Trial Regulation: A streamlined reform of the UK Clinical Trials Regulatory Framework - new measures published

A&O Shearman on

The MHRA announced on Tuesday the biggest overhaul of clinical trial regulation in the UK in 20 years. The details of the amendments to clinical trial regulation are set out in the MHRA’s response to a public consultation...more

A&O Shearman

UK Data Reform is back Data Protection and Digital Information Bill (no2) is laid to Parliament

A&O Shearman on

The story so far - In July 2022 the Data Protection and Digital Information Bill (the original Bill) was introduced into Parliament and we finally got sight of the UK Government’s intended direction for data protection...more

BCLP

CMA Reforms

BCLP on

The CMA’s letter seeks to address perceived gaps in the current competition regime to “address the perception and reality of the growth in consumer detriment”. Specifically, the CMA’s proposals aim at providing the tools...more

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