Amendments were made to UK primary and secondary legislation, and EU-assimilated legislation, to reflect changes following the revocation and replacement of the 2014 Capital Buffers Regulations.

These regulations amend various pieces of UK primary and secondary legislation as well as assimilated European Union law to reflect the replacement of the Capital Requirements (Capital Buffers and Macro-prudential Measures) Regulations 2014 with the Capital Buffers and Macro-prudential Measures Regulations 2025.

The changes update references to the older regulations across various acts and orders to ensure consistency and legal clarity within the financial regulatory framework; the amendments come into effect on November 30, 2025.

An impact assessment was deemed unnecessary.

The regulations amended several UK Customs regulations by updating version numbers in key documents related to import duties and authorized use procedures.

The Customs (Tariff and Miscellaneous Amendments) (No. 3) Regulations 2025, effective October 29, 2025, update several UK Customs regulations.

These amendments revise version numbers in documents pertaining to import duty rates, authorized use procedures, and the Tariff of the United Kingdom.

The changes aim to improve accuracy, streamline processes, and maintain alignment with international agreements.

The regulations were developed with consideration of recommendations from the Secretary of State and relevant international arrangements.

The 2025 regulations established a repayment interest rate for alcohol duty, calculated based on the Bank of England rate, effective from September 1st, 2025.

The Alcoholic Products (Repayment Interest Rate) (Alcohol Duty) Regulations 2025, effective September 1st, 2025, establish a repayment interest rate for alcohol duty based on the Bank of England rate.

The rate is calculated as the higher of 0.5% per annum or the Bank of England rate minus 1%, with an initial rate determined by the Bank of England rate on or before August 21st, 2025.

Any rate changes apply retroactively to interest accrued before the effective date.

These regulations aim to ensure fairness and transparency in alcohol duty repayments.

This order established September 1st, 2025, as the effective date for applying late payment interest to alcohol duty owed to HMRC.

This Order, made under the Finance Act 2009, sets September 1st, 2025, as the commencement date for applying late payment interest to alcohol duty owed to Her Majesty's Revenue and Customs (HMRC).

The interest regime is defined in section 101 of the Finance Act 2009 and applies to sums due under any enactment but paid late.

The applicable interest rate is detailed in the Taxes and Duties, etc (Interest Rate) Regulations 2011.

The UK government declared equivalence between its and Switzerland's regulatory frameworks for over-the-counter derivatives and central counterparties, setting forth conditions for this equivalence.

The OTC Derivatives Risk Mitigation and Central Counterparties (Equivalence) (Switzerland) Regulations 2025, effective January 1, 2026, establish equivalence between the UK and Swiss regulatory frameworks for over-the-counter (OTC) derivatives and central counterparties (CCPs).

These regulations determine that under specified conditions, Switzerland's legal, supervisory, and enforcement systems are equivalent to the UK's under EMIR, specifically concerning risk mitigation techniques for uncleared OTC derivatives and the oversight of Swiss-authorized CCPs.

These equivalencies are subject to conditions detailed within the regulations, ensuring compliance with UK standards for initial and variation margin requirements, among other stipulations.

The regulations amended the Horizon Convictions Redress Scheme and exempted Grenfell Support (Restorative Justice) Programme payments from income tax.

These regulations amend the Horizon Convictions Redress Scheme to expand its eligibility criteria for compensation, encompassing convictions quashed by courts or legislation, cautions, and alternative-to-prosecution outcomes related to the Horizon system.

The amendments also provide income tax exemptions for payments made under the Grenfell Support (Restorative Justice) programme to victims of the Grenfell Tower fire. Both changes have retrospective application.

The 2025 regulations amended the 2017 Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations to broaden the Financial Conduct Authority's information gathering and intervention powers concerning commodity derivatives.

The Financial Services and Markets Act 2000 (Markets in Financial Instruments) (Amendment) Regulations 2025 amend the 2017 regulations, expanding the Financial Conduct Authority's (FCA) ability to request information and intervene in matters concerning commodity derivatives to encompass 'applicable OTC commodity derivatives'.

The amendments extend the FCA's powers to include options, futures, and contracts for difference relating to commodities traded on UK trading venues, but which are not classified as financial instruments.

These changes came into effect immediately after relevant paragraphs in Schedule 2 of the 2023 Financial Services and Markets Act were enacted, applying to England, Wales, Scotland, and Northern Ireland.

The 2025 regulations amended the 2015 Childcare Payments (Eligibility) Regulations, aligning the application window for childcare top-up payments with the Free Childcare for Working Parents scheme and introducing transitional provisions.

The Childcare Payments (Eligibility) (Amendment and Transitional Provisions) Regulations 2025 amend the 2015 regulations to synchronize the application window for childcare top-up payments with the Free Childcare for Working Parents scheme.

These changes modify eligibility requirements regarding qualifying paid work, specifically adjusting the timeframe for declaring eligibility and defining the 'applicable period.' Transitional provisions are included to manage the shift between the old and new systems for applications between October 16, 2025, and January 31, 2026.