The UK government now has legal powers to compel business participation in smart data schemes across 10 sectors, including banking, energy, and telecoms. Businesses should consider assessing their regulatory exposure now.
Continue Reading UK Smart Data and the Data (Use and Access) Act 2025: Considerations for Businesses
The UK’s Provision of Information Regulations 2026 introduce mandatory disclosure requirements for contractual controls over registered land in England and Wales, with the regime coming into force on 6 April 2027.
A UK Upper Tribunal decision examined how deemed trade fictions apply to capital allowances and transfer of trade rules, with potential implications for UK tax interpretation.
Continue Reading Schrödinger’s CATS: The Indeterminate Extent of Deemed Trade Fictions
The UK Competition and Markets Authority has marked a significant shift in consumer enforcement by exercising its new fining powers under the DMCC Act for the first time, imposing a £4.2 million penalty on The AA for drip pricing. Businesses targeting UK consumers should take note of this escalating enforcement landscape.
Continue Reading UK Businesses, Take Note: The UK Consumer Law Regulator Exercises New Consumer Enforcement Powers for the First Time
This GT Advisory shares practical guidance on insuring tax risks in the context of M&A transactions, with a particular focus on warranty and indemnity and specific tax risk insurance.
Continue Reading Insuring Tax Risks in the UK and Europe
On 10 November 2025, the UK’s Office of Financial Sanctions Implementation (OFSI) issued a £160,000 penalty against the Bank of Scotland Plc (Bank of Scotland).
Continue Reading UK’s OFSI Imposes £160,000 Penalty on Bank of Scotland for Russia Sanctions Violations
In the UK, some commentators sounded the death knell to the restructuring plan, suggesting that the process would become overly challenging and complex post Adler, Petrofac and Thames Water, highlighting the current landscape as an inflection point that may take restructuring plans out of the reach of companies that would benefit from them the most.
Continue Reading Navigating The Allocation of Plan Benefits and Stakeholder Contributions in UK Part 26A Restructuring Plans
The UK’s Employment Rights Act 2025 (ERA), which received Royal Assent on 18 December 2025, introduces wide-ranging reforms to UK employment law.
Continue Reading UK Employment Rights Act 2025: Key Reforms, Timeline, and Practical Considerations for Employers
In October’s GT Alert on non-bank lending, we focussed on whether there was a justification in banks being subject to regulatory capital requirements when non-bank
Continue Reading Non-Bank Lending in the Spotlight – Does the System of Calculating Regulatory Capital Require Revisiting?
In the GT Alert we produced in September, we commented on the inquiry the Financial Services Regulation Committee (the Committee) of the House of Lords commenced on non-bank financial institutions (NBFIs).
Continue Reading Non-Bank Lending in the Spotlight: Regulatory Capital and Its Impact