https://s1-uk.practicallaw.thomsonreuters.com/WLN-PLCUK-SC_2604.1.2004/productViews/plcuk/Legal updateshttps://uk.practicallaw.thomsonreuters.comInsurers & Reinsurershttps://uk.practicallaw.thomsonreuters.com/Document/Ied86f743442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied86f743442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 01 May 2026 00:00:00 CDTA round-up of the week's Brexit-related developments for the Practical Law Brexit current awareness alert to 1 May 2026.https://uk.practicallaw.thomsonreuters.com/Document/Ied86f743442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2d65104842ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2d65104842ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTThomson Reuters will have its first of two mental health days this year on Friday 8 May 2026. Practical Law editorial teams will not be working on that day.https://uk.practicallaw.thomsonreuters.com/Document/I2d65104842ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I840eacf943a311f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I840eacf943a311f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTHM Treasury has published the response to its July 2025 consultation paper on reforming the insurance risk transfer regime under the Risk Transformation Regulations 2017 (SI 2017/1212) (RTR 2017).https://uk.practicallaw.thomsonreuters.com/Document/I840eacf943a311f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied87201e442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied87201e442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Apr 2026 00:00:00 CDTPractical Law provides free training on how to use Practical Law more effectively. This is available in a variety of formats, including live webinars and training videos.https://uk.practicallaw.thomsonreuters.com/Document/Ied87201e442511f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5ab1ec2f437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5ab1ec2f437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTOn 29 April 2026, the Information Commissioner's Office (ICO) published its updated guidance on storage and access technologies, clarifying how the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) (PECR) and, where relevant, the UK GDPR apply to cookies, tracking pixels, device fingerprinting and similar technologies used on websites, mobile apps and connected devices.https://uk.practicallaw.thomsonreuters.com/Document/I5ab1ec2f437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idfc7cad343c011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Idfc7cad343c011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTESMA has published a consultation paper on guidelines on the endorsement regime under Article 11 of the ESG Rating Regulation ((EU) 2024/3005).https://uk.practicallaw.thomsonreuters.com/Document/Idfc7cad343c011f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia989862443a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia989862443a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTThe PRA has published a speech given by Charlotte Gerken, PRA Executive Director, UK Deposit Takers Supervision, on progress in mutuals sector supervision.https://uk.practicallaw.thomsonreuters.com/Document/Ia989862443a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5ab1eba2437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5ab1eba2437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTOn 29 April 2026, the Pension Schemes Bill 2025 received Royal Assent becoming the Pension Schemes Act 2026.https://uk.practicallaw.thomsonreuters.com/Document/I5ab1eba2437511f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia989a6a643a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia989a6a643a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTThe Bank of England (BoE) and the PRA have published finalised statements of policy (SoPs) outlining their approach to cost benefit analysis (CBA).https://uk.practicallaw.thomsonreuters.com/Document/Ia989a6a643a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia9897f9843a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia9897f9843a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTThe PRA has published a consultation paper setting out proposed changes to rules and expectations relating to life insurers' funded reinsurance arrangements under the Solvency UK regime (CP8/26).https://uk.practicallaw.thomsonreuters.com/Document/Ia9897f9843a911f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I488247e0437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I488247e0437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Apr 2026 00:00:00 CDTThe Financial Stability Board (FSB) has published final guidance on the scope of insurers subject to the recovery and resolution planning (RRP) requirements in its key attributes of effective resolution regimes for financial institutions.https://uk.practicallaw.thomsonreuters.com/Document/I488247e0437f11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2d6533e142ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2d6533e142ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 28 Apr 2026 00:00:00 CDTCommission Implementing Regulation (EU) 2026/911, which amends implementing technical standards (ITS) laid down in Implementing Regulation (EU) 2015/2011 as regards updating the lists of regional governments and local authorities' exposures that should be treated as exposures to the central government, has been published in the Official Journal of the European Union.https://uk.practicallaw.thomsonreuters.com/Document/I2d6533e142ef11f1bf8d82e776af4c9e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iff54862342dd11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iff54862342dd11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 28 Apr 2026 00:00:00 CDTThe International Association of Insurance Supervisors (IAIS) has published a draft issues paper on customers receiving value from insurance products.https://uk.practicallaw.thomsonreuters.com/Document/Iff54862342dd11f18619811f89168d29/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I3006ef083fc611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I3006ef083fc611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTThe FCA has published Handbook Notice 140, which sets out changes to the FCA Handbook made by the FCA Board on 26 March 2026 and 23 April 2026.https://uk.practicallaw.thomsonreuters.com/Document/I3006ef083fc611f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I818375483fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I818375483fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTThe European Commission has adopted two Commission Delegated Regulations supplementing the ESG Ratings Regulation ((EU) 2024/3005) relating to fees charged to, and fines and penalty payments imposed on, ESG rating providers by ESMA.https://uk.practicallaw.thomsonreuters.com/Document/I818375483fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I81837c863fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I81837c863fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTThe FCA has published an overview of insights from its 2025 cyber co-ordination group meetings.https://uk.practicallaw.thomsonreuters.com/Document/I81837c863fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I31eb75c73afc11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I31eb75c73afc11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTA round-up of the week's Brexit-related developments for the Practical Law Brexit current awareness alert to 24 April 2026.https://uk.practicallaw.thomsonreuters.com/Document/I31eb75c73afc11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I357f4ff93f6811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I357f4ff93f6811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTIn Gatwick Investment Ltd and others v Liberty Mutual Insurance Europe SE [2026] UKSC 14, the UK Supreme Court unanimously dismissed appeals by policyholders and held that furlough payments received under the Coronavirus Job Retention Scheme fell to be deducted from business interruption insurance claims under the policies' savings clauses.https://uk.practicallaw.thomsonreuters.com/Document/I357f4ff93f6811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I818374b03fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I818374b03fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Apr 2026 00:00:00 CDTEIOPA has published its second set of final reports on the implementation of the Insurance Recovery and Resolution Directive ((EU) 2025/1) (IRRD), relating to draft regulatory technical standards (RTS) on the functioning of resolution colleges and draft implementing technical standards (ITS) on resolution reporting.https://uk.practicallaw.thomsonreuters.com/Document/I818374b03fc111f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Icc8e96df3f0411f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Icc8e96df3f0411f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTThe PRA has published low impact amendments made to its rules and policy material (LIAF01/26).https://uk.practicallaw.thomsonreuters.com/Document/Icc8e96df3f0411f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I721df0c93eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I721df0c93eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTOn 22 April 2026, the DBT and OTSI issued guidance on sanctions end-use controls introduced by the Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (SI 2026/443).https://uk.practicallaw.thomsonreuters.com/Document/I721df0c93eea11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie201c1d53e7411f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie201c1d53e7411f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTThe Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026 (SI 2026/443) were made on 20 April 2026 and come into force on 13 May 2026. The Regulations introduce a new criminal offence of exporting sanctioned goods at risk of diversion and make several changes to sanctions licensing across 36 UK sanctions regimes.https://uk.practicallaw.thomsonreuters.com/Document/Ie201c1d53e7411f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I790101333e6211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I790101333e6211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTThe government has published a voluntary Cyber Resilience Pledge for organisations to demonstrate their commitment to taking key steps to improve their cyber resilience.https://uk.practicallaw.thomsonreuters.com/Document/I790101333e6211f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I81ec7d373e8b11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I81ec7d373e8b11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Apr 2026 00:00:00 CDTThe PRA has published a consultation paper on low impact amendments to its rules and policy material (LIAC01/26).https://uk.practicallaw.thomsonreuters.com/Document/I81ec7d373e8b11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id855e9fb3e3a11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id855e9fb3e3a11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 22 Apr 2026 00:00:00 CDTHM Treasury has published its response to its consultation on reforming the senior managers and certification regime (SM&CR).https://uk.practicallaw.thomsonreuters.com/Document/Id855e9fb3e3a11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I4f6f3b293e1911f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I4f6f3b293e1911f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 22 Apr 2026 00:00:00 CDTThe FCA and the PRA have published policy statements on reforming the Senior Managers and Certification Regime (SM&CR) (FCA PS26/6 and PRA PS12/26).https://uk.practicallaw.thomsonreuters.com/Document/I4f6f3b293e1911f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5f8286163d5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I5f8286163d5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Apr 2026 00:00:00 CDTThe FCA has published the findings from a review of how principal firms manage potential risks from inactive appointed representatives (ARs), setting out good practices and areas for improvement.https://uk.practicallaw.thomsonreuters.com/Document/I5f8286163d5811f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I19d076163d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I19d076163d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Apr 2026 00:00:00 CDTThe FCA has published a speech given by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, on supporting fintech in the next phase of innovation.https://uk.practicallaw.thomsonreuters.com/Document/I19d076163d5211f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id9f23d713d8d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id9f23d713d8d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Apr 2026 00:00:00 CDTThe European Commission has adopted a Delegated Regulation setting out regulatory technical standards (RTS) specifying the elements of ESG rating products to be disclosed to the public and to users of ESG ratings, rated items and issuers of rated items under Regulation (EU) 2024/3005 (ESG Ratings Regulation).https://uk.practicallaw.thomsonreuters.com/Document/Id9f23d713d8d11f1839deddf1c806e4b/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa6e48033d7f11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Iaa6e48033d7f11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Apr 2026 00:00:00 CDTThe International Association of Insurance Supervisors (IAIS) has published a report setting out the aggregate assessment results and observations from the IAIS peer review process (PRP) on the topic of reinsurance and other forms of risk transfer, covering standards set out in Insurance Core Principle (ICP) 13.https://uk.practicallaw.thomsonreuters.com/Document/Iaa6e48033d7f11f1a34ac71bb9879c27/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29