News & Analysis as of

United Kingdom Public Consultations

Hogan Lovells

Freedom of Information requests – is disclosure really in the public interest?

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On 23 July 2025 the Supreme Court handed down a judgment confirming the approach public authorities should take when deciding whether to disclose information under the Freedom of Information Act 2000 (FOIA), where there may...more

A&O Shearman

UK PRA extends adjustments to Basel 3.1 market risk framework consultation

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The UK Prudential Regulation Authority (PRA) has announced, as part of its Regulatory Digest for July, an extension to the consultation period for CP17/25 which sets out proposed adjustments to the market risk framework under...more

A&O Shearman

UK PRA publishes discussion paper on proposed reforms to IRB approach for residential mortgages

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The UK Prudential Regulation Authority (PRA) has published discussion paper DP1/25 inviting views on potential reforms to the internal ratings based (IRB) approach to credit risk for residential mortgage exposures. The PRA...more

A&O Shearman

UK PRA consults on restatement of CRR definitions in Rulebook

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published consultation paper CP19/25, proposing the transfer of definitions from Articles 4, 4A, 4B and 5 of the UK Capital Requirements Regulation (CRR) into the PRA Rulebook...more

A&O Shearman

UK CBA Panel issues statement on FCA's consultation paper on regulating BNPL products

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The Cost Benefit Analysis (CBA) Panel has issued a statement in response to the UK Financial Conduct Authority's (FCA) consultation paper on proposed rules to regulate Deferred Payment Credit (DPC) products, commonly known as...more

BCLP

The UK’s New Arbitration Act Comes Into Force

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The Arbitration Act 2025 comes into force on 1 August 2025.  The new Act is largely based on the recommendations made in the Law Commission’s Final Report, published following a public consultation seeking views on...more

Latham & Watkins LLP

Government Sets Out Next Steps for UK Sustainability Reporting Framework

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The package of consultations covers UK Sustainability Reporting Standards, transition plans, and assurance of sustainability-related disclosures....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Northern Ireland: Gender Pay Gap Reporting

In February 2025, the Department for Communities in Northern Ireland closed a public consultation that began late last year on the proposed introduction of a requirement for Northern Ireland employers to report on their...more

BCLP

The Arbitration Act 2025: State of the Art or a Missed Opportunity?

BCLP on

The Arbitration Act 2025 has become law in England, Wales and Northern Ireland.  The new Act is largely based on the recommendations made in the Law Commission’s Final Report, published following a public consultation seeking...more

Goodwin

Historic New Listing Rules Adopted for the UK

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On 11 July 2024, the UK’s Financial Conduct Authority (the FCA) unveiled its final UK Listing Rules for the Main Market, set to take effect on 29 July 2024. These reforms represent the most significant transformation of the...more

Goodwin

The New UK Listing Regime Takes Shape as Further Detailed Proposals are Announced by the UK Financial Conduct Authority

Goodwin on

On 20 December 2023, the UK Financial Conduct Authority (the “FCA”) published a further consultation paper (CP23/31) (the “December Consultation Paper”) for reforming the UK listing regime....more

Goodwin

A Look Ahead in Life Sciences: What We Are Tracking in Q4 2023 and Beyond

Goodwin on

As the life sciences, medtech, and diagnostic industries continue to expand and grow increasingly complex, so does the legal, regulatory, and compliance landscape. To help companies and investors navigate the many evolving...more

Latham & Watkins LLP

Recent Developments for UK PLCs - June Edition

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This edition covers proposed major reforms to the listing and prospectus regimes, corporate governance reforms largely relating to audit and internal controls, and proposed changes to the Takeover Code affecting the...more

Latham & Watkins LLP

ISSB Launches Consultation on Future Projects

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The public consultation seeks input on the priorities, strategic direction, and future work of the ISSB. On 4 May 2023, the International Sustainability Standards Board (ISSB) launched a public consultation to seek input...more

Hogan Lovells

Ofcom provisionally conclude that strict advertising rules are not ‘justified’ or ‘proportionate’.

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The UK’s communications regulator, Ofcom, have provisionally concluded that stricter advertising regulations for commercially-funded public service broadcasting (“PSB”) channels are no longer ‘justified’ or ‘proportionate’...more

A&O Shearman

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

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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

Cadwalader, Wickersham & Taft LLP

UK VAT Treatment of Fund Management Review Announced

As part of the Edinburgh Reforms announced by the UK Government (link back to “UK FS Reforms”), the UK Government has launched a public consultation on the VAT treatment of fund management. The consultation, published on 9...more

BCLP

Sovereign investors likely to start paying UK tax - impact on UK real estate investment

BCLP on

The UK government is consulting on bringing overseas sovereign investors in UK real estate within the scope of UK direct tax from April 2024 as part of measures amending the scope of the sovereign immunity tax exemption. ...more

Cadwalader, Wickersham & Taft LLP

UK Government Considering Expansion of Investment Transactions List to Include Crypto-Assets

The UK Government has announced a public consultation regarding the possible expansion of the UK’s investment manager exemption (“IME”) to encompass crypto-assets. The IME enables UK-based fund managers to provide...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Employment Flash - September 2021

In this issue of UK Employment Flash, we examine the latest employment law developments from the UK, including the law governing the return to the workplace and flexible working requests and a proposal to impose a duty on...more

Proskauer Rose LLP

UK FCA consults on new Long Term Asset Fund

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The United Kingdom Financial Conduct Authority (“FCA”) has published a consultation on proposals relating to a new type of fund product to support investment in long-term, illiquid assets. The intention is that the Long Term...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Takeover Panel Releases Response Statement on Conditions to Offers and the Offer Timetable

On 31 March 2021, the UK Takeover Panel (the Panel) published Response Statement 2020/1 (the RS) in response to the Public Consultation Paper 2020/1 published by the Panel on 27 October 2020 (the PCP). The PCP proposed...more

Latham & Watkins LLP

The Commission’s Draft Updated Standard Contractual Clauses - A Close Look

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The European Commission has published draft updated standard contractual clauses in light of the Schrems II decision. On 12 November 2020, the European Commission (the Commission) published a draft implementing decision,...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Takeover Panel Proposes Significant Changes to the Offer Timetable and the Treatment of Conditions

On 27 October 2020, the UK Takeover Panel (the Panel) published Public Consultation Paper 2020/1 (the PCP), which proposes significant changes to the UK Takeover Code (the Code) with regard to the offer timetable and the...more

White & Case LLP

E&S Disclosure Trends in the UK

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In March 2020, the UK Financial Conduct Authority (the “FCA”) published consultation paper CP 20/3 concerning proposals to enhance climate-related disclosures by listed issuers and clarification of existing disclosure...more

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