This Order, effective June 1st, 2025, revokes the Institute of Chartered Accountants in Ireland's recognition as a professional body for insolvency practitioners.

The revocation is a direct result of a request from the Institute itself and aligns with Section 391N of the Insolvency Act 1986.

The Secretary of State confirmed the appropriateness of the action after consideration of all relevant factors.

A public notice detailing the effective date and reasons has been published.

This Order amends the Proceeds of Crime Act 2002 (References to Financial Investigators) (England and Wales and Northern Ireland) Order 2021.

The amendments clarify the descriptions of accredited financial investigators for handling cryptoassets and converted cryptoassets within civil recovery procedures under Chapters 3C, 3D, and 3F of Part 5.

The changes take effect on May 27, 2025, and apply to England, Wales, and Northern Ireland.

The lack of a full impact assessment suggests minimal anticipated effect on the public or private sectors.

The Taxation of Chargeable Gains (Gilt-edged Securities) Order 2025, issued by the Treasury, specifies fourteen gilt-edged securities as exempt from capital gains tax under the Taxation of Chargeable Gains Act 1992.

This action simplifies tax administration and supports efficient government borrowing by providing certainty for investors.