From time to time in UK real estate finance transactions, a high-net-worth or ultra-high-net-worth sponsor will be called upon to provide a personal guarantee. A lender’s reasoning in requiring a personal guarantee is that it may have some value if the lender is not able to recover the amount it is owed from the real estate, which is the primary value that it relies on.
Continue Reading Personal Guarantees in UK Real Estate Finance Transactions – Considerations for Lenders
The UK’s Companies House has released its third report on the implementation and operation of Parts 1 to 3 of the Economic Crime and Corporate Transparency Act 2023
Continue Reading Cleaning House: The UK’s Companies House Releases Third Progress Report on ECCTA 2023
The FCA is consulting on proposed changes to its penalty framework that signal a tougher approach to individual accountability and deterrence, with practical implications for firms and individuals subject to FCA supervision. Comments are due by 10 August 2026.
Continue Reading UK Financial Conduct Authority Consults on Tougher Penalty Framework
The UK’s Competition and Markets Authority has published a discussion paper identifying agentic AI as a potential step-change in how consumers interact with markets, with significant implications for competition law compliance. Businesses developing, deploying, or procuring agentic AI systems should treat this paper as an early indicator of the CMA’s enforcement priorities.
Continue Reading AI and Consumer Markets: UK Competition and Consumer Law Implications for Businesses
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