Finance Legislation

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

The Financial Services (Overseas Recognition Regime Designations) Regulations 2025

Published: Fri 31st Oct 25

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

Published: Fri 31st Oct 25

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

Published: Thu 30th Oct 25

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

Published: Wed 29th Oct 25

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

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.

The Data Protection Act 2018 (Qualifying Competent Authorities) Regulations 2025

These Regulations, made by the Secretary of State under the Data Protection Act 2018 (DPA), specify which public bodies qualify as 'qualifying competent authorities' to engage in joint processing of personal data with intelligence services under Part 4 of the DPA, a power enabled by the Data (Use and Access) Act to assist in safeguarding national security; the instrument lists various government departments, police forces, customs, and judicial/monitoring bodies as qualifying authorities, citing consultation with the Information Commissioner and Parliamentary approval, and stipulates that the regulations come into force twenty-one days after being made and extend across the UK.

The Court and Public Guardian Fees (Miscellaneous Amendments) Order 2025

The Court and Public Guardian Fees (Miscellaneous Amendments) Order 2025 amends several existing statutory instruments concerning court and public guardian fees.

This Order introduces an exemption from probate fees for estates involving emergency service personnel or armed forces personnel eligible for inheritance tax reliefs, and revises the fee for obtaining copies of specific probate documents.

Furthermore, it increases fees charged by the Public Guardian for registering Enduring and Lasting Powers of Attorney, and implements new fee exemptions for civil proceedings related to insolvency protective orders and judicial referrals concerning the parole decisions for prisoners.

The Public Service (Civil Servants and Others) Pensions (Remediable Service) (Amendment) Regulations 2025

Published: Thu 23rd Oct 25

These Regulations, enacted by the Minister for the Civil Service with Treasury consent, amend the 2014 and 2023 Public Service (Civil Servants and Others) Pensions Regulations to address issues stemming from unlawful age discrimination in transitional protection arrangements for public service pension schemes, commonly known as remediable service. The amendments introduce specific provisions allowing scheme managers and decision-makers to reconsider or rectify past benefit calculations, including specific opt-out windows, ill-health retirement assessments, and partial/early retirement recalculations for members whose service spanned the Principal Civil Service Pension Scheme (PCSPS) and alpha scheme.

Furthermore, they clarify rules regarding voiding inaccurate service statements, treatment of divorce liabilities, and determining eligible decision-makers for deceased members.