The UK is transforming its grid connection system to address a backlog of over 739 GW of projects, aiming to streamline access and reduce delays.
Continue Reading UK Grid Connection Reforms: Breaking the Bottleneck
FCA Review of Private Fund Market Valuation Practices
The FCA has initiated significant engagement with the private funds sector, akin to its 2013 AIFMD implementation efforts. In 2025, it plans to streamline UK regulatory requirements for fund managers and review conflict of interest management, focusing on governance and investor protections.
Continue Reading FCA Review of Private Fund Market Valuation Practices
OFSI Takes Enforcement Action Against UK Charities
On 14 March 2025, the Office of Financial Sanctions Implementation (OFSI) issued a “Disclosure” against UK-registered and regulated charities for breaching Regulation 36 (6) of the Counter Terrorism (International Sanctions) (EU Exit) Regulations 2019 (the Regulations) by failing to respond to OFSI’s requests for information (RFI).
Continue Reading OFSI Takes Enforcement Action Against UK Charities
Arbitration Act 2025 Updates UK’s Dispute Resolution Framework
The UK Arbitration Act 2025 seeks to modernise arbitration law through a series of targeted reforms to the Arbitration Act 1996.
Continue Reading Arbitration Act 2025 Updates UK’s Dispute Resolution Framework
Enforcing foreign judgments in England and Wales: How to avoid stumbling over jurisdictional hurdles
Enforcing foreign judgments in England and Wales is not always straightforward, especially for those countries where there is no reciprocal enforcement regime. However, the recent
Continue Reading Enforcing foreign judgments in England and Wales: How to avoid stumbling over jurisdictional hurdles
March 4 EVENT | DORA and the EU AI Act – Navigating New EU Rules
The European Union has introduced significant new regulations, including the Digital Operational Resilience Act (DORA) and the EU AI Act.
The GT London team is
Continue Reading March 4 EVENT | DORA and the EU AI Act – Navigating New EU Rules
Exploring DORA: Potential Implications for EU and UK Businesses
On Jan. 17, 2025, EU Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) became applicable in the EU.
DORA focusses on risk
Continue Reading Exploring DORA: Potential Implications for EU and UK Businesses
UK FCA Letter Expresses Concerns About Fund Service Providers
In late 2024, the United Kingdom’s Financial Conduct Authority (FCA) published a “Dear CEO” letter related to the FCA’s “Custody and Fund Services Supervision Strategy.”
Continue Reading UK FCA Letter Expresses Concerns About Fund Service Providers
US and UK Memorialize Cooperation on Economic Sanctions Enforcement
On 13 January 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Financial Sanctions Implementation (OFSI)
Continue Reading US and UK Memorialize Cooperation on Economic Sanctions Enforcement
UK Company Fined for Breaking Export Rules
On 18 November 2024, a UK court fined English company EDM Limited £89,359.80 for export control rule violations, finding the company guilty on three counts
Continue Reading UK Company Fined for Breaking Export Rules