News & Analysis as of

Small Business United Kingdom

A&O Shearman

HMT updates BNPL policy for domestic premises suppliers

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HM Treasury has published a policy paper setting out an update to its final position to its 2024 consultation on regulating Buy-Now, Pay-Later (BNPL) products which led to the laying of the draft secondary legislation, The...more

Ankura

Fraud and Corruption in Covid Bounce Back Loans - A Perspective for Lenders

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Under the government Bounce Back Loan Scheme (BBLS), small businesses struggling due to the pandemic could obtain a fully government-secured loan of up to £50,000 with no repayments required for the first 12 months....more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Abolishes Payment Systems Regulator

On 11 March 2025, the UK government announced its decision to abolish the Payment Systems Regulator (PSR) as part of a broader initiative to reduce regulatory burdens and stimulate economic growth. This action is intended to...more

IR Global

Late Payment Support – How to Protect Your Cash Flow

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Late Payment Support for Small Businesses – How to Protect Your Cash Flow - Cash flow is the backbone of any small business, yet late payments continue to be a major challenge for entrepreneurs across the UK. According to...more

IR Global

A Happy Medium

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The UK is a superb place to start a business. With an established financial sector ready to offer growth finance, an efficient professional services infrastructure and a highly skilled talent pool, the UK remains one of the...more

IR Global

HMRC launches VAT registration tool

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A new digital VAT registration tool has been launched by HMRC that can be used to help businesses work out the effects of registering for VAT. The launch of the tool known as the VAT Registration Estimator came about...more

Holland & Knight LLP

Holland & Knight Defense Situation Report: December 2023

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Welcome to Holland & Knight's monthly defense news update. We are excited to bring you the latest in defense policy, regulatory updates and other significant developments. ...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, November 3, 2023

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November 2, 2023- The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled, "Ensuring Financial Protection for Servicemembers, Veterans, and Their Families." November 2, 2023- The U.S....more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, October 20, 2023

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October 19, 2023- The Consumer Financial Protection Bureau proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, September 29, 2023

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September 28, 2023- The U.S. House Committee on Small Business Subcommittee on Rural Development, Energy, and Supply Chains held a hearing titled "Energy Independence: How Burdensome Energy Regulations are Crushing Small...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, September 21, 2023

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September 20, 2023- Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg addressed The Exchequer Club in Washington, DC on the financial stability risks of nonbank financial institutions....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, September 20, 2023

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September 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Capital Markets held a hearing entitled, "Oversight of the SEC's Division of Investment Management."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, September 14, 2023

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September 13, 2023- The U.S. House Committee on Financial Services held a hearing entitled, "Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, August 22, 2023

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August 18, 2023- The House Committee on Small Business announced its September hearing schedule. Subcommittee on Economic Growth, Tax, and Capital Access Hearing: "Enabling Success: Examining the Competitive Landscape...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, August 18, 2023

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August 17, 2023- The Financial Conduct Authority is setting out expectations for cryptoasset businesses that need to comply with a change in money laundering legislation legislated by government in July 2022....more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, July 27, 2023

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July 26, 2023- The Department of Justice, Department of Commerce's Bureau of Industry and Security (BIS), and the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a joint compliance note focusing...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, April 20, 2023

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April 19, 2023- The U.S. House Committee on Financial Services Subcommittee on Digital Assets held a hearing entitled, "Understanding Stablecoins' Role in Payments and the Need for Legislation."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, June 24, 2022

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Major Developments- Federal Reserve Board- Federal Reserve Board releases results of annual bank stress test- June 23, 2022- The Federal Reserve Board released the results of its annual bank stress test....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, June 15, 2022

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Congress- U.S. Senate- Committee on Banking, Housing, and Urban Affairs- Hearing: Considering the Index Fund Voting Process-...more

WilmerHale

The UK Government’s Bounce Back Loan Scheme - are there lessons to be learned?

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The UK’s National Audit Office (the “NAO”) has reported that an estimated 11% - a total of £4.9 billion out of £47 billion issued - of the 1.5 million loans granted under the Government’s COVID-19 Bounce Back Loan Scheme (the...more

Hogan Lovells

Winding up restrictions not quite wound up

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The UK Government yesterday announced that it will proceed with the phasing out of temporary measures introduced to protect businesses from creditor action during the COVID-19 pandemic, whilst also announcing new measures to...more

Katten Muchin Rosenman LLP

Corporate & Financial Weekly Digest, Featuring Articles on the SEC's Efforts to Help Underrepresented Business Founders and...

BROKER-DEALER - SEC Small Business Capital Formation Advisory Committee to Discuss Opportunities for Underrepresented Founders and Investors - On April 26, the Securities and Exchange Commission announced that its Small...more

Morrison & Foerster LLP

Financial Services Report - Spring 2021

Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio...more

WilmerHale

In Case You Missed It: Launch Links - February 2021 #3

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Some interesting links we found across the web this week: Biden Immigration Enforcement Priorities - Immigration enforcement priorities have shifted since President Joe Biden took office in January 2021 and several...more

Robins Kaplan LLP

Financial Daily Dose 10.1.2020 | Top Story: Palantir and Asana Make Strong Showing In Direct Listing Public Debut

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Palantir’s direct listing experiment generally went well yesterday, with the company’s shares beginning trading up nearly 40% from the $7.25 reference price set Tuesday evening. Fellow direct lister Asana also had a good...more

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