News & Analysis as of

Transparency United Kingdom

A&O Shearman

FCA findings on international payment pricing transparency

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The UK Financial Conduct Authority (FCA) has published examples of good and poor practices following its review into international payment pricing transparency. Under the consumer duty, in line with the FCA's Handbook (PRIN...more

Hogan Lovells

UK Government updates guidance on modern slavery and supply chain transparency

Hogan Lovells on

The UK Home Office has published an updated version of Transparency in Supply Chains (TISC), A Practical Guide which provides guidance on how organisations should “comply with the letter and spirit” of corporate reporting...more

White & Case LLP

A step towards transparency or the devil is in the detail? Analysing the effectiveness of the SFO’s new Corporate Guidance

White & Case LLP on

More than a decade ago, the concept of the Deferred Prosecution Agreement (DPA) became part of UK law. Ever since, there has been considerable uncertainty as to exactly what conditions a company needs to meet in order to be...more

Hogan Lovells

Reforms to UK clinical trials framework passed into law

Hogan Lovells on

The Medicines for Human Use (Clinical Trials) (Amendment) Regulations 2024 were officially signed into law on 10 April 2025, marking a significant development in the UK clinical trials framework (the Medicines for Human Use...more

A&O Shearman

UK FCA policy statement on the DTO and PTRR services

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published its policy statement (PS25/2) with final rules on the classes of derivatives subject to the derivatives trading obligation (DTO) and the new framework for the exemptions...more

A&O Shearman

UK: Health Data Research Service to provide single point of access to NHS data in the United Kingdom

A&O Shearman on

The U.K. Government has announced the creation of a new U.K-wide Health Data Research Service that will provide a secure single access point to national-scale data sets. The Wellcome Trust and the Government will invest up to...more

A&O Shearman

ICO reports findings of children's data protection in financial services

A&O Shearman on

The Information Commissioner's Office (ICO) has published its report alongside a press release following a review into the gathering and use of children's data in financial services, particularly from services supplying them...more

Latham & Watkins LLP

UK Government Issues Updated Modern Slavery Act Transparency Guidance: Key Takeaways for Businesses

Latham & Watkins LLP on

On 25 March 2025, the UK Home Office published its updated Transparency in Supply Chains (TISC): Statutory Guidance (the Guidance), which provides new and detailed recommendations to help organisations comply with Section 54...more

A&O Shearman

UK Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025

A&O Shearman on

The Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025 were published, alongside an explanatory memorandum. The Regulations amend the Register of Overseas Entities (Delivery, Protection and...more

A&O Shearman

The end of the road for (most of) the FCA's transparency proposals

A&O Shearman on

Just over a year ago, the UK Financial Conduct Authority (FCA) found itself at the centre of strong industry and political feedback when it first published its controversial proposals to ‘name and shame’ firms that it had...more

A&O Shearman

FSB letter to G20 finance ministers and central bank governors ahead of meeting

A&O Shearman on

The Financial Action Task Force (FATF) has published a second consultation on payment transparency, and in particular proposed revisions to recommendation 16 (R.16). The revisions adapt the FATF Standards to the changes in...more

Katten Muchin Rosenman LLP

Tax Transparency and Data Privacy — Which Wins?

As tax authorities embrace new digital technologies, the issue of safeguarding citizens' data privacy rights steps to the fore. Since the implementation of the EU General Data Protection Regulation (GDPR) in 2018, there has...more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Takes Centre Stage at the Oscars as the UK Creative Industry Urges Protection of Copyrighted Works

Artificial intelligence (AI) took a lead role at the Oscars on 2 March 2025, with several filmmakers and actors using their speeches to touch on AI’s impact on the industry, in particular the presence of AI-generated content...more

A&O Shearman

UK FCA webpage on transparency waivers and deferrals updated

A&O Shearman on

The UK Financial Conduct Authority (FCA) has updated its webpage on transparency waivers and deferrals in light of the upcoming changes to the UK MiFIR transparency regime for bond and derivatives markets. The FCA added a...more

Pillsbury - Consumer Protection Dispatch

UK Online Safety Act: New Obligations for Digital Service Providers Targeting the UK

The UK’s Online Safety Act 2023 (OSA) is a comprehensive piece of legislation designed to regulate social media companies and search services and to increase protections for individuals online. It draws comparisons to the...more

Morrison & Foerster LLP

European Digital Compliance: Key Digital Regulation & Compliance Developments - February 2025

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

Hogan Lovells

Regulating for Growth: how will the UK’s regulatory landscape change?

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The Government has publicly tasked regulators with taking decisions “for growth, not just for risk”. This article explores how the Government’s political pressure on regulators might influence their behaviour, and what that...more

Hogan Lovells

UK FCA “naming and shaming” proposals: the House of Lords steps in.

Hogan Lovells on

The House of Lords Financial Services Regulation Committee (“FSRC”) has published a report on the Financial Conduct Authority’s (“FCA”) proposals to change its approach to announcing enforcement investigations, from...more

Morgan Lewis

UK Economic Crime and Corporate Transparency Act: Additional Changes to Roll Out in 2025

Morgan Lewis on

Following the implementation of the Economic Crime and Corporate Transparency Act 2023, Companies House enacted some initial changes over the course of 2024 to improve transparency and ensure the accuracy of the information...more

K&L Gates LLP

Identity Verification—What You Need to Know

K&L Gates LLP on

Background - The Economic Crime and Corporate Transparency Act 2023 (the Act) seeks to prevent economic crime and to enhance the transparency of companies and other legal entities....more

Katten Muchin Rosenman LLP

FCA Consults on Second Phase of Enforcement Investigation Proposals

Following the UK Financial Conduct Authority (FCA)’s February 2024 consultation on changes to its Enforcement Guide and publicising enforcement investigations (CP 24/2) (First Consultation), the FCA has issued a further...more

DLA Piper

CMA Unveils AI-Powered Tool to Combat Bid-Rigging in Public Procurement

DLA Piper on

On 5 January 2025, the Competition and Markets Authority (CMA) announced the trial of an artificial intelligence (AI) tool designed to detect collusion in public procurement by scanning and analysing bidding data at scale....more

King & Spalding

EU & UK AI Roundup – January 2025

King & Spalding on

The second half of 2024 saw a myriad of Artificial Intelligence (AI) related legal and regulatory developments for the EU and UK, critically with the EU AI Act coming into force on 1 August 2024. This has been followed by...more

Skadden, Arps, Slate, Meagher & Flom LLP

ICO Publishes Outcomes of GenAI Consultation

On 13 December 2024, the UK Information Commissioner’s Office (ICO) published the report of outcomes from its consultation on generative AI (genAI). The report sets out key themes that emerged from responses to the ICO’s...more

K&L Gates LLP

Key Changes to Consumer Protection Laws and Subscription Contracts in the United Kingdom That You Need to Know

K&L Gates LLP on

The landscape of subscription contracts is changing around the world, with a heavy focus on consumer protection. In the United States, the recently released "Rule Concerning Recurring Subscriptions and Other Negative Option...more

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