Finance Legislation

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

The National Health Service (Charges to Overseas Visitors) (Amendment) Regulations 2026

Published: Mon 18th May 26

These Regulations amend the 2015 rules governing National Health Service charges for overseas visitors in England by introducing and clarifying exemptions related to specific diseases and the circumstances under which visitors seek treatment.

Specifically, the amendment clarifies that charges must generally be applied if an overseas visitor came to the UK explicitly for the diagnosis or treatment of a condition listed in Schedule 1, unless the travel was state-approved or funded.

Furthermore, the Regulations add Hantavirus disease, including its severe forms, to the list of conditions exempt from visitor charges, ensuring treatment is free for overseas visitors, and mandates that charges made since May 1st, 2026, for this specific disease must not be recovered or must be repaid.

Read More

Legal Name Correction for Carer Additional Person Payment

This statutory instrument correction notice addresses typographical errors within The Income Tax (Tax Treatment of Scottish Carer Supplement and Exemption of Carer's Additional Person Payment) Regulations 2026, specifically requiring that the term 'Carer's Additional Person Payment' be uniformly corrected to 'Carer Additional Person Payment' throughout the main title, the first regulation, regulation 2(5), and the Explanatory Note to ensure precise legal drafting and consistency.

Read More

The Capital Requirements Regulation (Market Risk Transitional Provision) Regulations 2026

Published: Tue 5th May 26

These Statutory Instruments, made by the Treasury and coming into force on December 30th, 2026, insert a new Article 465A into the retained Capital Requirements Regulation (Regulation (EU) No 575/2013) to establish a transitional provision for calculating market risk capital requirements.

This provision mandates that credit institutions and Part 4A investment firms must suspend the application of specific, newly introduced PRA rules (concerning internal models and related requirements) between January 1st, 2027, and December 31st, 2027, allowing them time to transition their methodologies before the revocation of the relevant EU-derived provisions takes full effect, with the Treasury retaining the power to extend this period.

Read More

The Public Interest Disclosure (Prescribed Persons) (Amendment) Order 2026

This Order updates the list of 'prescribed persons' under the Employment Rights Act 1996, granting legal protection to workers who blow the whistle to designated regulators and public bodies.

It adds the Building Safety Regulator, the Creative Industries Independent Standards Authority, the Independent Football Regulator, the Law Society, the Security Industry Authority, and the Secretary of State for Science, Innovation and Technology to the list.

Furthermore, it modifies the scope of protected disclosures for the Financial Conduct Authority, the Environment Agency, and several government departments while removing the Keeper of the Registers of Scotland.

Read More

The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026

Published: Thu 30th Apr 26

These Regulations amend the Financial Services and Markets Act 2000, the Banking Act 2009, and various pieces of secondary legislation to restate and update definitions relevant to credit institutions and investment firms.

The instrument establishes new legal definitions for terms including 'Part 4A investment firm', 'financial holding company', and 'own funds' to replace those previously derived from EU law.

It applies to financial regulators (the FCA and PRA), UK banks, building societies, investment firms, and their parent undertakings, effectively moving technical definitions from the revoked Capital Requirements Regulation into the UK domestic statute book.

Read More

The Major Sporting Events (Income Tax Exemption) (Glasgow 2026 Commonwealth Games) Regulations 2026

These Regulations, enacted by HM Treasury under the Finance Act 2014, establish an income tax exemption for individuals accredited by the organizer of the Glasgow 2026 Commonwealth Games for income earned while performing activities connected with the Games between July 16th and August 4th, 2026, provided the individual meets specific non-UK residence criteria for the relevant tax year or period.

Read More

The National Employment Savings Trust (Amendment) Order 2026

Published: Fri 24th Apr 26

This Statutory Instrument, the National Employment Savings Trust (Amendment) Order 2026, amends the National Employment Savings Trust Order 2010 to introduce greater flexibility in how pension benefits are paid from the National Employment Savings Trust (NEST).

The Order empowers the Trustee to offer members the option of receiving a drawdown pension and modifies benefit payment options upon a member's death to allow for a dependants' scheme pension or a drawdown pension paid to a dependant, nominee, or successor, incorporating terminology defined in the Finance Act 2004.

Read More

The Data Protection Act 2018 (Code of Practice on Artificial Intelligence and Automated Decision-Making) Regulations 2026

Published: Tue 21st Apr 26

These 2026 Regulations require the Secretary of State to direct the Information Commissioner to prepare an official code of practice offering guidance on good practice for processing personal data when developing and using artificial intelligence and automated decision-making systems, specifically including provisions for children's data.

Furthermore, the regulations modify existing law by ensuring that any advisory panel considering the code must exempt aspects related to national security from their review process.

Read More