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Publications Clarifying Schedule 2: The JFSC's proposals for revision of guidance for Article 36 of the Proceeds of Crime Law

The Draft Guidelines make it clear that reconsidering and reassessing whether activities are caught is an obligation and one which must be ongoing, especially where there are trigger events.

Amendments to Bermuda’s Beneficial Ownership Act

The Registrar is continuing to develop Regulations and Guidance Notes to provide practical direction on compliance obligations under the Act.

Firms face pressure over incoming non-financial misconduct rules

The rules follow the FCA publishing a comprehensive survey in 2024 on culture and non-financial misconduct within the UK’s financial services sector.

Upcoming changes to CRS regulations

The Regulations also introduce enhanced due diligence and data quality requirements

Fund Finance x Crypto: Luxembourg

The Luxembourg framework has since then been supplemented by the MICA Regulation8

The Companies (Prohibition of Bearer Shares and Nominee Directors) Amendment Act 2025

The Companies Act has been amended to explicitly prohibit the appointment of any person, in any circumstances

Biotech innovation to get added EU patent-like protection

Biosimilars provide competition to originator biologics, which are drugs that contain active substances derived from biological sources.

‘Less healthy’ food ad ban takes effect

The measures are targeted at food and drink that is high in fat, sugar or salt (HFSS)

How the unfair contract terms regime is impacting the Australian construction industry

With all that being said, we still have limited judicial guidance as to how the UCT legislation will apply in the specific context of the construction industry.

Hong Kong Court of Appeal clarifies Condition Precedent in MG Charter Limited v Beijing Caissa – Implications for Contractual Remedies (Part 2)

Hong Kong courts may interpret contracts to avoid commercially absurd results unless the wording makes such an intention abundantly clear.

FCA paper a ‘pivotal moment’ in UK mortgage market transformation

The FCA intends to issue a policy statement in relation to later life lending in the second half of 2027.

Minimum Wage for 2026: 23% Increase Unbalanced the Cash Flow of Companies to Start the Year

He pointed to industries such as private security, cleaning and transportation, where regulated rates limit quick price adjustments

Qatar Financial Centre-seated arbitration open to global businesses

In this latest case, however, the court decided that where the QFC as the seat of the arbitration was clearly chosen in an arbitration agreement

Saudi Arabia tightens beneficial ownership rules

Companies failing to comply with the new regulations will face fines of up to SAR 500,000 (US$133,300).

Luxembourg draft bill removes obligation to open a bank account before SARL incorporation

The draft bill was introduced to amend the Luxembourg law of 10 August 1915 on commercial companies.

Employment Rights Act completes protracted journey after Royal Assent

The act introduces a major raft of reforms around employment contracts, benefits and trade union access after forming a key part of the government’s election manifesto.

FCA to expand insurance sector review amid Which? super-complaint pushback

It will also consider ways of better capturing claims outcomes data as part of the review, which will come in the second half of 2026.

HKIAC makes competitive updates to fees and expedited procedures

HKIAC said that the changes would help “enhance transparency” and enable “more users to apply for streamlined proceedings”.

Liability, mitigation and communication: the big lessons for UK construction from 2025’s court rulings

The warning is this: think very carefully before committing anything to writing, in any format and on any platform.

Employment Rights Act: implementation for UK employers in 2026 and beyond

The legislation was one of the central pillars of the Labour government’s 2024 election manifesto

Government Regulation