Finance Legislation

Laws governing financial services, banking regulation, insurance, investment, and securities trading.

The Online Safety Act 2023 (Fees Notification) Regulations 2025

Published: Fri 27th Jun 25 Came into force: Sun 14th Sept 25

The Online Safety Act 2023 (Fees Notification) Regulations 2025 were enacted, outlining the necessary documentation and procedures for providers of regulated online services to submit fee-related information to OFCOM.


The Online Safety Act 2023 (Fees Notification) Regulations 2025, effective September 14, 2025, mandate evidence submission by providers of regulated online services to OFCOM for fee calculations under the 2023 Act.

These regulations specify the required information, including financial statements and declarations of accuracy, and the prescribed method for submission, clarifying the process outlined in the Online Safety Act 2023.

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The Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025

Published: Wed 25th Jun 25 Came into force: Thu 1st Jan 26

The 2025 regulations implemented the OECD Crypto-Asset Reporting Framework in the UK, establishing due diligence, record-keeping, and reporting requirements for cryptoasset service providers, and defining associated penalties.


These regulations implement the OECD Crypto-Asset Reporting Framework in the UK, mandating due diligence, record-keeping, and reporting obligations for UK cryptoasset service providers.

They detail procedures for self-certification, reporting to HMRC via an electronic system, and notification to users.

Penalties are outlined for various breaches, including failure to comply with due diligence, record-keeping, reporting, and notification requirements, along with provision for appeals.

An anti-avoidance clause is included.

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The Child Trust Funds (Amendment) Regulations 2025

Published: Tue 24th Jun 25 Came into force: Tue 15th Jul 25

The Child Trust Funds (Amendment) Regulations 2025 amended the 2004 Regulations to extend the qualifying investment period for certain UCITS until December 31, 2026.


These regulations, effective July 15, 2025, amend the 2004 Child Trust Funds Regulations.

Specifically, they extend the period during which certain investments (units or shares in recognised UCITS, or those within umbrella schemes) are considered qualifying investments until December 31, 2026.

This prevents those investments from losing their qualified status and safeguards children's savings.

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The Individual Savings Account (Amendment) Regulations 2025

The 2025 regulations amended the 1998 Individual Savings Account Regulations to clarify definitions, update subscription rules, and limit withdrawals.


These regulations amend the Individual Savings Account Regulations 1998, clarifying definitions, updating subscription rules, and limiting withdrawals.

Key changes include defining "long-term asset fund," requiring national insurance information for non-junior ISA subscriptions, restricting replacement subscriptions to the original account, preventing withdrawals that reduce the current year's subscription below zero, and specifying qualifying investments for stocks and shares and innovative finance components until the end of 2026.

The changes mostly take effect from July 15th, 2025, except for one regulation commencing April 6th, 2027.

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The Investigatory Powers (Amendment) Act 2024 (Commencement No. 3) Regulations 2025

The Investigatory Powers (Amendment) Act 2024 sections 18 and 21, concerning notice reviews and telecommunications service change notifications, were brought into effect on June 20th, 2025.


These regulations, effective June 20, 2025, activate sections 18 and 21 of the Investigatory Powers (Amendment) Act 2024.

Section 18 establishes a Secretary of State review process for notices, while Section 21 requires notification of changes to telecommunications services.

The regulations apply across the UK. Previous commencement regulations have already brought other parts of the Act into force.

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The Sanctions (EU Exit) (Treasury Debt) Regulations 2025

Published: Thu 19th Jun 25 Came into force: Thu 10th Jul 25

The 2025 regulations amended several UK sanctions regulations to add exceptions allowing payment of Treasury debt to UN-designated persons under specific conditions.


The Sanctions (EU Exit) (Treasury Debt) Regulations 2025 amend existing UK sanctions regulations concerning South Sudan, Central African Republic, Yemen, and Libya.

These amendments introduce exceptions to asset freezes and fund prohibitions imposed on UN-designated persons, allowing for the payment of Treasury debt owed to these individuals, provided certain conditions are met concerning the origin of the debt and the transfer of funds to a specified account.

The aim is to balance sanctions enforcement with the UK's financial obligations.

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The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 5) Regulations 2025

Sections 194 and 195 of the Economic Crime and Corporate Transparency Act 2023, regarding SLAPPs, were brought into force.


The Economic Crime and Corporate Transparency Act 2023 (Commencement No. 5) Regulations 2025 bring into effect sections 194 and 195 of the Act on June 18, 2025.

These sections address strategic litigation against public participation (SLAPPs) by requiring the Lord Chancellor to create Civil Procedure Rules enabling courts to dismiss SLAPP claims before trial and to make specific cost orders.

The regulations aim to deter SLAPPs, protecting free speech and streamlining legal processes.

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The Free Zone (Customs Site No. 2 Thames) Designation Order 2025

The 2025 Order designated Customs Site No. 2 Thames as a free zone, appointed a responsible authority, and imposed conditions for its operation.


The Free Zone (Customs Site No. 2 Thames) Designation Order 2025 designates a specific area at the Thames Freeport as a free zone for a 10-year period.

Cosco Shipping Crystal Logistics (UK) Company Limited was appointed as the responsible authority, subject to conditions encompassing record-keeping, security, access for HMRC officers, and health and safety.

The order leverages existing legislation to establish the free zone and aims to benefit trade and economic growth within the designated area.

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