RegCanary's pick of the week's most significant regulatory developments, ranked by impact, with our analysis of why each one matters for regulated firms.
Why it matters: The Serious Fraud Office's response to the Supreme Court judgment clarifies the boundaries of legal professional privilege (LPP) in corporate investigations.
Why it matters: The HMRC's updated Pensions Tax Manual introduces significant changes to the pension schemes tax regime, impacting compliance teams across the financial services sector.
Why it matters: HMRC's force of law notice for the Carbon Border Adjustment Mechanism (CBAM) introduces new compliance obligations for UK firms importing carbon-intensive goods.
Why it matters: The FCA's new rules for long-term investment funds introduce a mandatory 90-day notice period for redemptions, aiming to reduce liquidity mismatches in funds holding illiquid assets such as property.
Why it matters: HMRC's loan charge settlement scheme provides a structured path for firms and individuals to resolve outstanding disguised remuneration loan charge liabilities.
Why it matters: The FRC has issued a Final Settlement Decision Notice against Deloitte LLP under its Audit Enforcement Procedure, imposing sanctions linked to statutory audits.
Why it matters: The Bank of England has signalled a significant shift in its approach to regulatory thresholds, with more than 100 thresholds set to be automatically increased periodically.
Why it matters: The recent publication of statutory guidance on customs tariff rates by HM Treasury has significant implications for financial services firms involved in international trade.
Every item is RegCanary's analysis of a real, source-verified regulatory publication - not the regulator's own text, and not legal advice. Browse all insights
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