Finance Legislation

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

The Investigatory Powers (Codes of Practice, Review of Notices and Technical Advisory Board) Regulations 2025

Published: Fri 6th Jun 25 Came into force: Fri 6th Jun 25

New and revised codes of practice were implemented, the definition of a 'relevant change' was established, and the Investigatory Powers (Review of Notices and Technical Advisory Board) Regulations 2018 were amended.


These regulations bring into force new and revised codes of practice under the Investigatory Powers Act 2016, clarifying procedures for bulk data access and communications interception.

They define "relevant change" regarding operator-system alterations requiring notification, specify review periods for notices, and amend the 2018 regulations governing the Technical Advisory Board, adjusting its membership and quorum requirements.

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The Local Audit (Modification of Financial Reporting Requirements) Regulations 2025

Published: Thu 5th Jun 25 Came into force: Thu 26th Jun 25

The regulations modified the financial reporting requirements for four specified combined county authorities in England and Wales for the financial years beginning April 1, 2024, and April 1, 2025.


These regulations, effective June 26, 2025, amend the Local Audit and Accountability Act 2014.

They modify the financial reporting requirements for four specific combined county authorities in England and Wales: Devon and Torbay, Greater Lincolnshire, Hull and East Yorkshire, and Lancashire. The changes disapply the requirement to prepare accounts for the financial year beginning April 1, 2024, and adjust the reporting period for the financial year beginning April 1, 2025, to start on February 5, 2025, aligning with the authorities' establishment date.

The changes are made under the authority of section 3(5)(b) of the 2014 Act.

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The Electricity (Individual Exemption from the Requirement for a Supply Licence) (JG Pears Power Limited) (England) Order 2025

Published: Wed 4th Jun 25 Came into force: Wed 25th Jun 25

A temporary exemption from the electricity supply license requirement was granted to JG Pears Power Limited to supply electricity to High Marnham Green Energy Business Park in England.


This order temporarily exempts JG Pears Power Limited from needing an electricity supply license to provide power to the High Marnham Green Energy Business Park in England.

The exemption, granted under the Electricity Act 1989, runs until December 31, 2034, and is subject to conditions limiting the maximum electricity supply to 37 megawatts.

The order's justification involves facilitating the prompt delivery of renewable energy while acknowledging a lack of significant impact on the public or private sectors.

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The Subsidy Control (Subsidy Database Information Requirements) (Amendment) Regulations 2025

Published: Mon 2nd Jun 25 Came into force: Wed 18th Jun 25

The 2025 regulations amended the 2022 Subsidy Control Regulations to reduce the information requirements for public authority entries in the subsidy database relating to subsidies given under subsidy schemes.


The Subsidy Control (Subsidy Database Information Requirements) (Amendment) Regulations 2025 amend the 2022 regulations, lessening the information needed for public authority subsidy database entries concerning subsidies provided under existing schemes.

This change aims to reduce the administrative burden on public authorities.

The amendment exempts certain data points while maintaining overall reporting of subsidies.

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The Higher Education (Registration Fees) (England) (Amendment) Regulations 2025

Published: Fri 30th May 25 Came into force: Tue 1st Jul 25

The 2025 regulations amended the 2019 Higher Education (Registration Fees) (England) Regulations, increasing registration fees for English higher education institutions by 3.9%, effective August 1st, 2025.


The Higher Education (Registration Fees) (England) (Amendment) Regulations 2025, effective July 1st, 2025, amend the 2019 regulations to increase registration fees for English higher education institutions by 3.9%, aligning with inflation.

The new fees, payable from August 1st, 2025, are based on the number of full-time equivalent students and are determined by a revised fee schedule.

The regulations are supported by the Higher Education and Research Act 2017 and Treasury consent, aiming to fund the Office for Students' oversight of higher education in England.

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The Whiplash Injury (Amendment) Regulations 2025

Published: Thu 22nd May 25 Came into force: Sat 31st May 25

The regulations amended the Whiplash Injury Regulations 2021, increasing the compensation amounts for whiplash injuries based on injury duration, effective May 31st, 2025.


The Whiplash Injury (Amendment) Regulations 2025, effective May 31st, 2025, amend the 2021 regulations governing compensation for whiplash injuries from road traffic accidents in England and Wales.

The amendments introduce two new tables specifying increased damage amounts based on injury duration.

Table 1 applies to cases arising before May 31st, 2025, and Table 2 applies to those arising on or after that date.

The changes reflect adjustments to damage amounts, likely linked to inflation, and were approved by Parliament.

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The Public Interest Disclosure (Prescribed Persons) (Amendment) Order 2025

Published: Wed 21st May 25 Came into force: Thu 26th Jun 25

The 2025 Order amended the 2014 Public Interest Disclosure Order to include sanctions-related functions of the Secretaries of State for Business and Trade, Transport, and the Treasury within the scope of whistleblower protection.


This Order modifies the Public Interest Disclosure (Prescribed Persons) Order 2014 to extend whistleblower protection to individuals disclosing information about sanctions-related activities undertaken by the Secretaries of State for Business and Trade, Transport, and the Treasury.

This expansion ensures greater accountability and transparency within the government's sanctions regime.

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The Folkestone Harbour Revision Order (Amendment) Order 2025

Published: Tue 20th May 25 Came into force: Tue 10th Jun 25

The Folkestone Harbour Revision Order (Amendment) Order 2025 amended the 2017 order to remove the statutory maximum fine limit from articles 12(2), 14(2), and 15(2).


The Folkestone Harbour Revision Order (Amendment) Order 2025 corrects an error in the 2017 order.

It removes the phrase “not exceeding the statutory maximum” from articles 12(2), 14(2), and 15(2), thereby removing the upper limit on fines for non-compliance with regulations concerning navigation safety and lighting.

This change reflects the removal of such limits in the Legal Aid, Sentencing and Punishment of Offenders Act 2012.

The order applies to England and Wales and took effect on June 10, 2025.

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