Economy Legislation
Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.
The Noise Emission in the Environment by Equipment for Use Outdoors (Amendment and Transitional) Regulations 2025
The Noise Emission in the Environment by Equipment for Use Outdoors (Amendment and Transitional) Regulations 2025 primarily amend the 2001 Regulations by incorporating updated noise measurement standards, primarily through the introduction of a new Schedule 6A detailing methods to measure airborne noise emitted by equipment for use outdoors, and these changes extend to England, Wales, and Scotland and come into force on April 13th, 2026, with provisions made to allow industry to transition away from the old methods until May 2028.
The Wireless Telegraphy (Licence Charges for the 2100 MHz Frequency Band) Regulations 2025
The Office of Communications (OFCOM) enacted these Regulations under the authority of the Wireless Telegraphy Act 2006 to establish the specific licence charges payable for utilizing the 2100 MHz paired frequency band.
The regulations detail an initial one-off charge payable in January 2026, set at £622 per kilohertz, and prescribe an annual charge formula effective from October 2026, which adjusts based on Consumer Price Index (CPI) inflation relative to September 2024.
They also offer licensees the option to pay the annual charges in twelve monthly instalments, revoke obsolete 2021 regulations, and ensure continuity for recovering outstanding debts under the old framework.
The Register of People with Significant Control (Amendment) Regulations 2025 amend the Companies Act 2006 to improve the accuracy and timeliness of information about individuals and entities with significant control over companies.
The amendments add new notification duties for companies regarding compliance with requests for information, restrictions notices, and changes in the status of people with significant control.
They also clarify existing notification requirements, mandating more detail in the information provided to the registrar.
These changes aim to enhance transparency and strengthen enforcement mechanisms.
These regulations implement consequential amendments to existing legislation following the passage of the Economic Crime and Corporate Transparency Act 2023.
The primary changes involve updating company law around director identification verification, the information publicly available, and modifying requirements for authorized corporate service providers.
The regulations also restrict public access to certain director identity verification statements to enhance data protection and security, affecting both primary company law and secondary legislation related to money laundering, partnerships, and insolvency.
The Online Safety Act 2023 (Qualifying Worldwide Revenue) Regulations 2025
These regulations, effective October 8, 2025, define how to calculate qualifying worldwide revenue (QWR) for online service providers under the UK's Online Safety Act 2023.
The QWR determines fees paid to Ofcom and the maximum penalties for violations.
Part 2 details QWR calculation for fee-setting, focusing on revenue directly related to regulated services.
Part 3 defines QWR for calculating maximum penalties for groups of entities, considering all revenue (regardless of service relation).
The regulations aim for financial transparency and consistent enforcement.
The Warm Home Discount (Amendment) Regulations 2025
The Warm Home Discount (Amendment) Regulations 2025 amend existing regulations for England and Wales and Scotland.
For England and Wales, the amendments extend the rebate issuance period to March 31, 2026, and provide additional flexibility for suppliers and the Secretary of State in managing rebates.
In Scotland, the regulations increase the aggregate non-core spending obligation for scheme year 15 by £39 million.
The changes aim to improve the effectiveness and reach of the Warm Home Discount scheme.
The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025 extend transitional periods in the Capital Requirements Regulation (CRR) and the Central Counterparties (Amendment, etc., and Transitional Provision) (EU Exit) Regulations 2018.
These extensions, lasting 12 months, apply to third-country central counterparties and aim to prevent disruption to international and UK financial markets.
The extensions are deemed necessary and proportionate given exceptional circumstances.
The Local Audit (Amendment of Definition of Smaller Authority) Regulations 2025
These regulations amend the Local Audit and Accountability Act 2014, redefining 'smaller authority' based on gross income and expenditure.
For financial years starting after April 1st, 2024, the threshold increases from £6.5 million to £15 million.
The changes aim to provide greater financial flexibility for local authorities while maintaining appropriate levels of financial scrutiny.
The regulations apply to England and Wales and were approved by both Houses of Parliament.