News & Analysis as of

United Kingdom Rulemaking Process

Skadden, Arps, Slate, Meagher & Flom LLP

HM Treasury and UK Regulators Announce Wave of Reforms

- What is new: HM Treasury and the UK regulators announced a package of financial services reforms on 15 July 2025, including cross-cutting reforms in the regulatory environment, significant changes to the SMCR regime, a...more

Bergeson & Campbell, P.C.

Defra Calls for Comments on Indicative Lists for LC-PFCAs, Their Salts, and Related Compounds

On June 2, 2025, the United Kingdom (UK) Department for Environment, Food & Rural Affairs (Defra) requested comment on a draft indicative list for long-chain perfluorocarboxylic acids (LC-PFCA), their salts, and related...more

A&O Shearman

PRA announces withdrawal of the modification by consent for third country covered bonds in LCR

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has announced it is withdrawing the modification by consent (MbC) for third country covered bonds in the Liquidity Coverage Ratio (LCR) part of the PRA Rulebook, which it had...more

A&O Shearman

UK HMT publishes draft SI on UK MiFID Org Reg

A&O Shearman on

HM Treasury (HMT) has published a new webpage with a draft statutory instrument (SI) and policy note on the UK Markets in Financial Instruments Directive Organisational Regulation (UK MiFID Org Reg)... ...more

A&O Shearman

UK Financial Conduct Authority responds on motor finance judgment

A&O Shearman on

The Financial Conduct Authority has published a letter addressed to the House of Lords Financial Services Regulation Committee on motor finance commission specifically addressing the court of appeal judgement in Johnson v...more

A&O Shearman

UK Short Selling Regulations 2025 published

A&O Shearman on

The Short Selling Regulations 2025 were made and published on legislation.gov.uk, alongside an explanatory memorandum. The regulations replace assimilated law (including the U.K. Short Selling Regulation) and establish a new...more

Walkers

New Rules for Privy Council Appeals

Walkers on

The New Rules and accompanying Practice Directions of the JCPC are now in force. All JCPC appeals filed on or after 2 December 2024 will be subject to the New Rules....more

BCLP

Shaping the Implementation of the UK’s New Rules on Subscription Contracts

BCLP on

Businesses now have the chance to influence the new UK rules governing subscriptions contracts by responding the Government’s consultation on the new legislation (and the secondary rules which are required to implement it)....more

Skadden, Arps, Slate, Meagher & Flom LLP

PISCES: Assessing Its Key Features and Potential Impact

On 14 November 2024, the UK government published a response to its consultation on creating a new regulated market to trade shares in private companies: the Private Intermittent Securities and Capital Exchange System...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - September 2023

Welcome to the September edition of Akin Intelligence. As the U.S. Congress reconvenes after the August recess, we continue to see bipartisan interest in artificial intelligence (AI) regulation. In the executive branch,...more

Proskauer Rose LLP

Regulation Round Up - June 2023

Proskauer Rose LLP on

MiFIR / MiFID II: The European Parliament published a press release announcing it has reached provisional political agreement with the Council of the EU on the proposed amendments to the Markets in Financial Instruments...more

ArentFox Schiff

January 2023 AFS Privacy Report: Colorado Department of Law Issues Updated Draft CPA Rules

ArentFox Schiff on

Colorado Department of Law Issues Draft CPA Revisions - On December 22, the Colorado Department of Law issued updates to the draft Colorado Privacy Act (CPA) rules. These revisions build on written comments and feedback from...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - November 2022

In this month’s Privacy & Cybersecurity Update, we examine the California Privacy Protection Agency’s revised draft regulations for the California Privacy Rights Act, the Federal Trade Commission’s settlement with a...more

ArentFox Schiff

Privacy Report: FTC Publishes Advance Notice of Proposed Rulemaking on Commercial Surveillance and Data Security

ArentFox Schiff on

FTC Publishes Advance Notice of Proposed Rulemaking on Commercial Surveillance and Data Security - Concerned that companies use secret surveillance practices to collect “vast troves” of consumer information, the Federal...more

Pillsbury Winthrop Shaw Pittman LLP

UK Financial Regulators to Have Direct Oversight of Critical Third Parties

Under a proposed new regime, UK financial regulators will be granted a range of powers over third parties that provide critical services to the finance sector. Third parties will be designated as “critical” by HM Treasury...more

Mintz

Internal Dissension at SEC Delays Climate Change Disclosure Regulations

Mintz on

The Biden Administration has clearly announced that addressing the issue of climate change is one of its key policy priorities. One of the central aspects of this policy was intended to be an array of new regulations by the...more

Proskauer Rose LLP

The UK Investment Firms Prudential Regime Effective 1 January 2022: Key considerations for Investment Firms

Proskauer Rose LLP on

What is the IFPR? The new UK Investment Firms Prudential Regime (“IFPR”) will come into force on 1 January 2022 and will apply to UK investment firms authorised under the Markets in Financial Instruments Directive (“MiFID”)...more

ArentFox Schiff

President Biden Issues Executive Order Encouraging CFPB To Act On 1033 Data Access and UDAAP

ArentFox Schiff on

The US policy behind this mandate is consistent with the desire to encourage open banking standards, albeit in a more piecemeal fashion than what has already been done in the UK. On July, 9 2021, President Biden signed an...more

Lathrop GPM

Far Reaching Executive Order Pushes Toward National “Right to Repair”

Lathrop GPM on

President Biden signed into law on Friday, July 9, 2021, a sweeping executive order titled “Executive Order on Promoting Competition in the American Economy,” laying out 72 actions for more than a dozen federal agencies. The...more

Morgan Lewis

UK Takeover Panel Consults on Major Changes to UK Takeover Code

Morgan Lewis on

Proposed changes to the UK Takeover Code include simplifying and adding flexibility to the timetable applicable to contractual offers, as well as making offer conditions relating to antitrust clearances subject to the same...more

Morgan Lewis

COVID-19: UK Postpones Off-Payroll Working Rules (IR35) Reforms Until 2021

Morgan Lewis on

Chief Secretary to the UK Treasury Stephen Barclay announced in the House of Commons on 17 March that the government’s imminent off-payroll working rules (IR35) reforms in the private sector will be postponed until 6 April...more

Cadwalader, Wickersham & Taft LLP

2020 Update to the UK Stewardship Code

In March 2019, we reported that the UK’s Financial Reporting Council (“FRC”) was consulting on proposed changes to the UK’s Stewardship Code (the “Stewardship Code”). Those consultations have led to an updated 2020 edition of...more

Robins Kaplan LLP

Financial Daily Dose 10.28.2019 | Top Story: The EU gives Britain flexible 3-month Brexit extension

Robins Kaplan LLP on

The EU has granted the UK another extension for the Brexit process, giving Britain until January 31 to leave (unless its Parliament passes a divorce deal sooner)....more

Hogan Lovells

Cookie consent – What “good” compliance looks like according to the ICO

Hogan Lovells on

On 3 July 2019, the UK data protection authority (the ICO) updated its guidance on the rules that apply to the use of cookies and other similar technologies.  The ICO has also changed the cookie control mechanism on its own...more

Orrick - Derivatives in Review

ISDA Publishes Additional IBOR Consultations

On May 16, the International Swaps and Derivatives Association, Inc. (“ISDA”) published two consultations in connection with the potential discontinuation of certain interbank offered rates (“IBORs”), seeking input on (i) the...more

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