Reduced the Lifetime ISA withdrawal charge to 20% for first-time home purchases exceeding the price cap and established refund procedures for failed completions.

These Regulations amend the Individual Savings Account Regulations 1998 to lower the financial penalty for Lifetime ISA (LISA) holders who use their savings to buy a first home that exceeds the statutory price cap.

The instrument reduces the withdrawal charge from 25% to 20% for these specific cases and mandates that account managers refund the charge if a purchase fails and the funds are returned to the account.

These rules apply to LISA account managers and investors in relation to all withdrawals made on or after 29 October 2026.

Amended the EMIR Regulation to establish permanent notification and exemption procedures for intragroup derivative transactions involving UK and overseas entities.

These Regulations amend the retained EU law known as the EMIR Regulation to establish a permanent regime for exempting intragroup over-the-counter (OTC) derivative contracts from clearing and risk-management requirements.

They expand the definition of intragroup transactions to include those involving entities established in any jurisdiction, provided they are part of the same consolidated group and subject to centralized risk procedures.

The instrument applies to financial and non-financial counterparties engaging in derivative trades, requiring them to notify the Financial Conduct Authority (FCA) of intended exemptions and allowing the FCA to object within a 30-day period.

Modernised the Port of Tyne's governance structure, consolidated statutory harbour powers, and updated the Authority's regulatory and financial framework.

The Port of Tyne Harbour Revision Order 2026 establishes a revised constitution for the Port of Tyne Authority and defines the updated geographic and legal limits of its jurisdiction.

It grants the Authority specific powers regarding financial management, including borrowing and the maintenance of a reserve fund, and authorises the collection of various dues and charges.

The order empowers the harbour master to issue general and special directions to vessels and vehicles for safety and efficiency, while also establishing mandatory advisory bodies to represent port stakeholders.

It applies to the Port of Tyne Authority, vessel masters, port users, and relevant statutory undertakers within the defined port limits.

Added employee loans and living accommodation to the list of benefits that employers can tax directly through the PAYE system.

These Regulations amend the Income Tax (Pay As You Earn) Regulations 2003 to include employee loans and living accommodation as 'specified benefits' that can be processed through the Pay As You Earn (PAYE) system.

They establish specific calculation methods for the cash equivalent or relevant amount of these benefits and permit employers to make reasonable assumptions regarding contract-based information for these calculations.

The measure enables employers to apply for 'authorised employer' status to payroll these specific benefits starting from the 2027-28 tax year.

Extended UK human rights and international humanitarian law sanctions to specific British overseas territories and established local enforcement frameworks.

This Order extends the Global Human Rights and International Humanitarian Law Sanctions Regulations 2026 to twelve British overseas territories, including the Cayman Islands, Virgin Islands, and Falkland Islands.

It authorizes the freezing of funds and economic resources belonging to persons designated by the UK Secretary of State for involvement in serious human rights violations or breaches of international humanitarian law.

The Order directs Governors of these territories to publish lists of designated persons, establishes licensing procedures for permitted financial activities, and defines criminal penalties for circumventing these sanctions.

Established a consolidated UK sanctions regime for human rights and international humanitarian law violations, replacing the 2020 regulations.

These Regulations establish a legal framework to impose financial, immigration, and director disqualification sanctions on persons involved in serious human rights violations, breaches of international humanitarian law, or the obstruction of humanitarian aid.

The Secretary of State is authorized to designate individuals or entities by name or description, triggering an immediate freeze on their funds and economic resources and prohibiting others from making resources available to them.

The measures apply to all persons within the United Kingdom and to United Kingdom persons operating anywhere in the world, with enforcement overseen by the Treasury and the Foreign, Commonwealth and Development Office.

Introduced benefit disregards for the Irish Mother and Baby Institutions Payment Scheme and increased fraud-related recovery rates for State Pension Credit.

These Regulations amend various social security instruments to ensure that payments from the Irish Mother and Baby Institutions Payment Scheme are disregarded when calculating entitlement to benefits including Universal Credit, Housing Benefit, and State Pension Credit.

The instrument increases the maximum recovery rate for State Pension Credit overpayments involving fraud from 25% to 40% and reinstates Disability Living Allowance for claimants who show 'good reason' for failing to comply with Personal Independence Payment transfer requirements.

The regulations apply to the Department for Work and Pensions and local authorities administering Housing Benefit, primarily across England, Wales, and Scotland.

Revised the administrative requirements for notifying individuals of public sector debt recovery actions resulting from fraud or error.

These regulations establish the procedures for identifying and recovering debts owed to public sector bodies in England and Wales due to fraud or error.

The document directs government departments and relevant authorities to provide clear reasons to individuals when initiating recovery actions and corrects specific clerical errors in the original drafting of the recovery framework.

It applies to all persons identified as having received public funds incorrectly and the agencies responsible for overseeing those disbursements.