Finance Legislation
Laws governing financial services, banking regulation, insurance, investment, and securities trading.
The Financial Services and Markets Act 2000 (Regulated Activities etc.) (Amendment) (No. 2) Order 2025
- Department: HM Treasury
- Made under: Financial Services and Markets Act 2000
This Order amended the 2025 Order by adjusting rules regarding credit broking exclusions for deferred payment agreements and providing transitional arrangements for existing regulated permissions.
The Treasury issues this Order to amend the Financial Services and Markets Act 2000 (Regulated Activities etc.) (Amendment) Order 2025, which primarily addresses the regulation of deferred payment credit agreements, often termed "buy-now-pay-later" (BNPL) agreements.
Key amendments include excluding domestic premises suppliers from certain credit broking regulations related to these agreements and establishing transitional provisions to ensure that existing Part 4A permissions remain valid for the activities as they stand after the Order’s changes take effect on the regulatory commencement date.
The Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations 2025
- Made under: Finance Act 2022
The Commissioners of HMRC enacted regulations amending the 2022 Levy Regulations to assign HMRC as the responsible authority for repaying overpaid Economic Crime (Anti-Money Laundering) Levy amounts transferred under specific collection provisions.
These Regulations, made by the Commissioners of His Majesty’s Revenue and Customs (HMRC), amend the Economic Crime (Anti-Money Laundering) Levy Regulations 2022, specifically addressing the procedure for repaying levy amounts that have been overpaid.
The amendment clarifies that if the responsibility for collecting unpaid levy amounts is transferred from the Financial Conduct Authority or the Gambling Commission to the HMRC Commissioners, then HMRC Commissioners become the appropriate authority responsible for issuing any repayment of amounts subsequently found to have been overpaid.
The Income Tax (Pay As You Earn) (Amendment No. 2) Regulations 2025
- Made under: Income Tax (Earnings and Pensions) Act 2003
The Regulations amended the Income Tax (Pay As You Earn) Regulations 2003 to replace references to the Inland Revenue with 'HMRC' in interpretation and electronic communication provisions.
These Regulations, enacted by the Commissioners for His Majesty’s Revenue and Customs, amend the Income Tax (Pay As You Earn) Regulations 2003, which come into force on November 24th, 2025.
The primary changes substitute references relating to the 'Inland Revenue' with 'HMRC' in two specific areas: the interpretation definition and the regulations concerning the use of unauthorized electronic communication methods.
These amendments are largely consequential and aimed at updating terminology and allowing Commissioners to undertake functions previously reserved for officers.
The Financial Services (Overseas Recognition Regime Designations) Regulations 2025
- Department: HM Treasury
- Made under: Financial Services and Markets Act 2023
HM Treasury enacted regulations establishing the framework for designating overseas financial recognition regimes, coordinating regulatory functions, and amending secondary legislation governing insurance and short selling.
The Financial Services (Overseas Recognition Regime Designations) Regulations 2025 establish the framework under which HM Treasury can designate the laws and practices of other countries or territories as equivalent to UK financial services and markets law, exercising powers granted by the Financial Services and Markets Act 2023.
The Regulations define what constitutes an 'overseas recognition regime designation,' grant the Treasury power to impose conditions, require decision-making coordination among the Treasury and key regulators (FCA, PRA, Bank of England), and introduce specific information-gathering powers.
Furthermore, the document amends existing legislation regarding insurance and short selling regulations to align them with this new designation regime.
The Financial Services and Markets Act 2023 (Mutual Recognition Agreement) (Switzerland) Regulations 2025
- Department: HM Treasury
- Made under: Financial Services and Markets Act 2023
The Treasury enacted UK regulations to implement the UK-Switzerland Mutual Recognition Agreement for financial services, establishing a register, setting regulator duties, and amending existing laws to facilitate market access for Swiss suppliers starting January 2026.
These Regulations, made by the Treasury using powers under the Financial Services and Markets Act 2023, establish the domestic legal framework necessary to implement the Mutual Recognition Agreement on Financial Services between the UK and Switzerland, effective from January 1st, 2026.
The core of the document details the registration process managed by the FCA for 'Registered Swiss Suppliers,' outlines supervisory and cooperation duties for the FCA, PRA, and Bank of England, and incorporates mechanisms for product intervention, information gathering, supervisory prohibitions, and prudential safeguards specific to services provided under this arrangement, alongside amending related UK legislation like the RAO and the Financial Promotion Order.
The Registrar of Companies (Fees) (Amendment) Regulations 2025
- Department: Department for Business and Trade
- Made under: Companies Act 2006
The document amended fees payable to the Registrar of Companies for incorporation, registration, and ongoing compliance across multiple entity types, effective February 1, 2026, and revoked certain fees related to document access.
The Registrar of Companies (Fees) (Amendment) Regulations 2025, made under the powers of the Companies Act 2006, revise the fees payable for various company registration and administrative functions, effective from February 1st, 2026.
These regulations amend fees for companies, overseas companies, limited liability partnerships, limited partnerships (including Scottish entities), and European Economic Interest Groupings, generally increasing many of the established charges to reflect increased costs, while also revoking certain fees concerning document inspection and copying, allowing the Registrar discretion to set such fees administratively going forward.
The Post Office Capture Redress Scheme (Tax Exemptions and Relief) Regulations 2025
- Department: HM Treasury
- Made under: Finance Act 2020
Legislation was enacted to provide tax exemptions and relief for compensation payments made under the Post Office Capture Redress Scheme, effective from late October 2025.
The Post Office Capture Redress Scheme (Tax Exemptions and Relief) Regulations 2025 implement tax relief measures for compensation payments made under the scheme designed to redress individuals adversely affected by the Post Office's 'Capture system.' These regulations, made by the Treasury under powers from the Finance Act 2020, specifically ensure that compensation payouts are exempt from Income Tax, Capital Gains Tax, and Corporation Tax, and provide relief from Inheritance Tax, applying these exemptions retrospectively to payments received or disposals made from October 27, 2025.
The Bathing Water (Amendment) (England and Wales) Regulations 2025
- Department: Department for Environment, Food and Rural Affairs
- Made under: Pollution Prevention and Control Act 1999
The Regulations amended definitions, introduced new criteria for identifying bathing waters based on feasibility and safety, allowed for flexible bathing season determination, modified management measures for 'poor' waters, and updated pollution reporting and monitoring requirements.
These Regulations, enacted by the Secretary of State for England and the Welsh Ministers for Wales under the Pollution Prevention and Control Act 1999, amend the primary Bathing Water Regulations 2013.
The changes involve updating definitions, establishing new criteria to restrict the identification of bathing waters based on feasibility, cost, or safety risks, granting flexibility in setting the official bathing season duration, modifying procedures for waters classified as 'poor' for five consecutive years by introducing a reconsideration period, and updating requirements for monitoring and reporting short-term pollution and annual data.