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The DWP's "Options for Defined Benefit schemes" has closed: what happens next?
For the past couple of months, the DWP’s “Options for Defined Benefit schemes” consultation has been a hot topic of conversation in the...
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TPR's Annual Funding Statement has been published - Key Pointers here
The Pensions Regulator (TPR) issued its Annual Funding Statement last week (the Statement). This is aimed at trustees and sponsoring...
AI in hiring: new guidance to help de-risk your talent management process
It’s fair to say that enthusiasm for using AI (in some quarters at least) is growing at a significant pace driven, in large part, by the...
Energy Disputes - Spotlight on Close - Termination
Our Energy Disputes Guide highlights the legal and commercial issues raised when formulating and executing a strategy to terminate or...
IP and generative AI: what you need to know
Generative AI systems were virtually unheard of among the general public until the launch of ChatGPT-3.5 in 2022. But, as we looked at in...
FCA response to BSPS complaint
Earlier this week (on 22 April 2024), the Financial Conduct Authority (FCA) published it’s ‘main decision letter’ in relation to...
Celebrating the legacy of Paul Stephenson and the Bristol Bus Boycott
Yesterday evening, we had the honour of hosting the 9th annual Paul Stephenson Lecture at our offices in Bristol. As the firm’s Senior...
Enabling high-integrity nature markets and guarding against greenwashing
The UK government is sponsoring a British Standards Institution (BSI) Nature Investment Standards Programme, a new programme to develop a...
Energy Disputes - spotlight on Operation - ensuring environmental compliance
Environmental impacts from operational sites can arise in a variety of ways, including machinery noise; vehicle movements; impact on...
"Shining a Spotlight on the ‘S’ in ESG: Final Guide from the Taskforce for Social Factors
By Imogen Shelley
Last month, the Taskforce for Social Factors (TSF) hosted a launch event for the release of the final guide for...
Public M&A Update: Takeover Panel consults on narrowing the scope of companies subject to the Takeover Code
The Code Committee of the Panel published Public Consultation Paper 2024/1 (PCP 2024/1) on 24 April 2024 which proposes a significant...
What data protection considerations are there when procuring, developing and deploying AI systems?
In the rapidly evolving landscape of AI technology, data protection remains a crucial area of concern for businesses.
Here we...
National Security and Investment Act: Cabinet Office responds to Call for Evidence in review of NSIA
On 18 April 2024, the Cabinet Office published its response to the ‘Call for Evidence’ in relation to the National Security and...
MedTech strategy update and new definition of "innovative" - key points for medical device manufacturers and developers
The Department of Health and Social Care has provided an update on the UK’s Medical Technology Strategy and how it envisages innovative...
Co-location ought to make sense
RenewableUK has just published an interesting report on co-location and the issues and barriers. The whole concept of sharing...
Imminent changes to the planning enforcement regime
From the 25 April 2024, provisions from the Levelling-Up and Regeneration Act (LURA) 2023 and the Planning Act (PA) 2008 will come...
Local development orders – a popular option for large scale developments?
What are LDOS?
The ability to make LDOs was introduced through the provisions of the Planning and Compulsory Purchase Act 2004. LDOs...
DRCF launches AI and Digital Hub and publishes 2024/2025 workplan
The Digital Regulation Co-operation Forum (DRCF) supports co-operation between the CMA, FCA, ICO and Ofcom on digital regulation....
The Pensions Regulator reviews climate-related disclosure reports
Written by Kate Granville Smith and Katy Dixon
On 11 April the Pensions Regulator (TPR) published a press release on their review
Is UK warehousing a critical piece of UK Infrastructure? The simple answer is yes!
A recent report by the UK Warehousing Association (conducted by Savills) has shown an incredible growth in the UK logistics market.
The...
Energy Disputes I spotlight on Construction I handover, testing and commissioning
In this spotlight on managing risk and avoiding disputes during the construction phase of an energy project, we are looking at challenges...
New JCT Design & Build 2024 (DB 2024) contracts published
Hot off the press, the long-awaited JCT Design & Build Contract 2024 and Design and Build Sub-Contract 2024 were published on 17...
Further FCA consultation launched on the regulatory framework for pensions dashboard service firms
The Financial Conduct Authority (FCA) launched a further consultation on 27 March on the regulatory framework for pensions dashboard...
UK Public M&A: Takeover Panel increases document charges and publishes two Panel Statements making administrative changes to the Takeover Code
On 18 April, the Takeover Panel published two Panel Statements (PS 2024/9 and PS 2024/10) making minor “housekeeping” changes to the City...
5 tips for the positive management of sickness absence
It’s no secret that UK employers are currently struggling with high levels of sickness rates – particularly amongst the young. The...
VAT Grouping versus Time of Supply
In a recent decision, the Court of Appeal attempted to clarify and distil the interaction between the VAT grouping rules and the time of...
Alternatives to green and sustainable lending in Real Estate
Although sustainable lending is nothing new - we have published a series of articles over the last 18 months considering the role of...
EOIPA’s view of cyber risk in the pensions industry
In February this year (2024), the European Insurance and Occupational Pensions Authority (EIOPA) released their first risk dashboard on...
CMA AI Foundation Models: Update Paper Published
The Competition and Markets Authority (“CMA”), the UK’s competition regulator, has published its much anticipated Update Paper as...
Interesting recent TPO determination involving the NHS Pension Scheme and negligent misrepresentation
Earlier this year (23 January 2024), the Pensions Ombudsman (the “PO”) issued a determination concerning a claim from a...
AI Safety Summit - Seoul May 2024
South Korea and the United Kingdom will host an AI Summit in Seoul in May 2024, following the first AI Summit in Bletchley Park, UK, in...
Use of AI within the energy sector - Ofgem proposals and call for input
Ofgem has set out its initial views about whether existing reuglation is sufficient to capture AI and is "seeking views on proposals...
Public Accounts Committee challenges NHS Supply Chain on procurement savings
The Public Accounts Committee has made six recommendations to address its concerns that NHS Supply Chain is failing to achieve...
“The best business plan” – examples of corporate ESG action
The United Nations Global Compact (UNGC) recently published a report reflecting on how businesses in the UK have performed in addressing...
What does the HealthTech market need to know about AI law and regulation?
Health Tech developers, manufacturers and distributors need to understand how impending AI law and regulation will interact with their...
Hydrogen Allocation Round 2 applications due in this week- some thoughts on next steps
This Friday sees the deadline for applications for the second Hydrogen Allocation Round and it promises to be a competitive round. ...
What does the public sector need to know about AI?
A recent report by the UK’s National Audit Office (NAO) concluded that development and deployment of AI in government bodies is...
Energy Disputes - spotlight on Operation - addressing defects
Addressing defects is the focus of today's spotlight on our Energy Disputes Guide. A failure of an asset of key plant failing to achieve...
DEFRA announces launch of Water Restoration Fund
On 9 April 2024, DEFRA announced the launch of the long-awaited Water Restoration Fund. The Fund was initially announced in the...
Energy Disputes - spotlight on Operation - asset operation and maintenance
In this spotlight on our Energy Disputes Guide we focus on the increased risk of disputes arising from the operation of assets and...
Hot topics in enforcement and how to reduce your enforcement risk
Why should I even consider enforcement risk?
The word “enforcement” will send shivers down the spine of many of those involved in the...
The Rise of Private Equity in UK Real Estate
For many years those close to the UK commercial property market have seen a slow but steady increase in transactions involving private...
CMA report: Housebuilding market study in Great Britain
The UK Competition and Markets Authority (“CMA”) recently published its final report for the housebuilding market study in England,...
FCA Business Plan 24/25 - Consumer Duty focus
Our previous post covers the FCA's Business Plan for 2024/25 in overview and the work the FCA plans over the next 12 months to help...
Setting the standard: CMA concludes probe into fashion retailers 'Green' claims
On 27 March 2024 the Competition and Markets Authority (“CMA”) published the outcome of its formal investigation into the green claims of...
Agricultural Landlord and Tenant Code of Practice for England launches
The Agricultural Landlord and Tenant Code of Practice for England was published today. This is a product of the Farm Tenancy Forum,...
UK Public Accounts Committee launches consultation on use of AI in government
The Committee will hear from senior officials at DSIT, the Central Digital and Data Office and the Cabinet Office, on subjects including:
New consultation on the Digital Securities Sandbox
The Bank of England (BoE) and the FCA have published a joint consultation paper outlining their proposals to implement and operate the...
Fund tokenisation: a step closer
The Investment Association (IA) has published its second interim report from its Technology Working Group on further UK fund tokenisation...
FCA Business Plan 24/25 - continued focus on the AR Regime
Per our recent post, the FCA has now published its plans for the coming year. There are perhaps no surprises to see that the...
Pensions Regulator secures £3.5m payment for distressed scheme
Last week (27 March 2024), the Pensions Regulator (TPR) released a report on how it exercised its anti-avoidance powers to secure a £3.5...
Pensions and ESG: The PLSA publishes annual update to voting and stewardship guidelines
By Kate Granville Smith, Hercules Philipps and Harriet Strachan
The Pensions and Lifetime Savings Association (PLSA) has published its...
What is the UK position on AI regulation?
The UK has chosen to set its own course for AI regulation.
Below we summarise the UK’s current regulatory approach to AI.
Mansion House reforms and LGPS investments - where are we now?
We last wrote about the Government's proposals to make changes to LGPS investments in November. To recap, as part of a package of...
Teachers' Pensions: why changes in the way liabilities are valued means increased costs for post 1992 universities
The Chancellor’s 2023 Autumn Statement contained many significant announcements affecting pensions. Plans for fund consolidation from the...
What does the Financial Services sector need to know about AI?
AI has transformative potential to disrupt financial services and deliver better outcomes to customers. Given the potential benefits,...
Consumer Duty and the needs of those with characteristics of vulnerability: the need for consumer protection to be at the heart of everything you do
Generative AI - what do judges and those in the justice system need to know? European Commission working group report
The Council of Europe - European Commission for the efficiency of justice (CEPEJ) Working group on Cyberjustice and Artificial...
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