11th-hour reforms to the proposed foreign influence policy will be met with relief by businesses, NGOs and charities as Government makes significant changes. Some concerns remain, and many businesses will still require compliance policies to be put in place for benefits which many will remain sceptical about, but the scope of these will be limited … Read more

Operational Resilience – CTPs: What should you be doing about the proposed UK/EU Critical Third Parties Regimes?

The post below was first published on our Digital TMT and Sourcing notes blog:   Regulators around the world are focused on the operational resilience of financial institutions, financial market infrastructures (FMIs) and the financial system as a whole. One area of significant risk to the financial system is the dependency of financial institutions on … Read more

UK Government and Bank of England launch Consultation on a Digital Pound

The post below was first published on our Digital TMT and Sourcing notes blog:   On 7 February, the Bank of England (the Bank) and His Majesty’s Treasury (HM Treasury) jointly published a Consultation Paper on the development of a Central Bank Digital Currency (CBDC) for the UK (or a digital pound). The three key take aways in respect … Read more

LDI liquidity crisis – policy and regulatory responses

The post below was first published on our Pensions notes blog: The immediate panic caused by the liquidity crisis that affected a large number of defined benefit (DB) pension schemes invested in liability driven investment (LDI) funds in September and October 2022 has now passed. However, a great deal of attention continues to be focused on understanding … Read more

Failure to prevent offence may be introduced in the UK in the new Economic Crime and Corporate Transparency Bill

The post below was first published on our FSR and Corporate Crime notes blog: The Economic Crime and Corporate Transparency bill (the “Bill”), which is currently progressing through Parliament, is reportedly due to include provisions introducing a new failure to prevent offence affecting corporates, following statements by a UK Government minister during debates surrounding the … Read more


Concerns grow that foreign influence policy is misdirected, bureaucratic and risks deterring benign engagement and investment The UK’s proposed Foreign Influence Registration Scheme is part of a wider package of measures to revamp domestic espionage laws, in this instance via new obligations for a wide range of businesses, across all sectors, and others with international … Read more