https://s1-uk.practicallaw.thomsonreuters.com/WLN-PLCUK-SC_2608.1.1008/productViews/plcuk/Legal updateshttps://uk.practicallaw.thomsonreuters.comInsurers & Reinsurershttps://uk.practicallaw.thomsonreuters.com/Document/Icb5ba3e0963111f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Icb5ba3e0963111f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 12 Aug 2026 00:00:00 CDTThe Information Commissioner's Office (ICO) has launched Data Protection Essentials, a free online training and self-assessment programme for small and medium-sized organisations, their employees and sole traders.https://uk.practicallaw.thomsonreuters.com/Document/Icb5ba3e0963111f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I3f23ddb7950311f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I3f23ddb7950311f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 11 Aug 2026 00:00:00 CDTThe Financial Ombudsman Service (FOS) has published a policy statement on modernising the redress system.https://uk.practicallaw.thomsonreuters.com/Document/I3f23ddb7950311f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied89304b932111f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ied89304b932111f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 10 Aug 2026 00:00:00 CDTThe FCA has published its findings, including examples of good and poor practice, following a review of its early and high growth oversight pilot with high-growth firms.https://uk.practicallaw.thomsonreuters.com/Document/Ied89304b932111f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I10cf5e8e8f2211f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I10cf5e8e8f2211f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 10 Aug 2026 00:00:00 CDTThe PRA is offering a modification by consent for run-off firms that meet the thresholds to be classified as a non-Solvency UK firm, but are excluded because they have general insurance, credit and suretyship liabilities.https://uk.practicallaw.thomsonreuters.com/Document/I10cf5e8e8f2211f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I33cd8a0a915911f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I33cd8a0a915911f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 07 Aug 2026 00:00:00 CDTThe Upper Tribunal (Tax and Chancery Chamber) has published its decision in Finch and another v The Financial Conduct Authority [2026] UKUT 217 (TCC), dismissing privacy applications seeking to prevent the FCA from publishing decision notices and to exclude the applicants' references from the tribunal register.https://uk.practicallaw.thomsonreuters.com/Document/I33cd8a0a915911f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7c1082b0920a11f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I7c1082b0920a11f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 07 Aug 2026 00:00:00 CDTThe FCA has published a statement setting out its concerns about a number of risks it has identified among Annex 1 financial institutions.https://uk.practicallaw.thomsonreuters.com/Document/I7c1082b0920a11f18517a29fb07d803e/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I58a25acf916311f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I58a25acf916311f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 07 Aug 2026 00:00:00 CDTA round-up of the week's Brexit-related developments for the Practical Law Brexit current awareness alert to 7 August 2026.https://uk.practicallaw.thomsonreuters.com/Document/I58a25acf916311f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ife2953a18ffb11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ife2953a18ffb11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 04 Aug 2026 00:00:00 CDTThe FCA has published a new webpage on climate adaptation and resilience, setting out information for firms on how physical risks from climate change may impact the property insurance and mortgage markets, and explaining how the FCA can help firms prepare.https://uk.practicallaw.thomsonreuters.com/Document/Ife2953a18ffb11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/If03d7d4d8cd111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/If03d7d4d8cd111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 31 Jul 2026 00:00:00 CDTThe FCA has published Handbook Notice 143, which sets out changes to the FCA Handbook made by the FCA board on 25 June 2026 and 30 July 2026.https://uk.practicallaw.thomsonreuters.com/Document/If03d7d4d8cd111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I4ddf78688c7c11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I4ddf78688c7c11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 31 Jul 2026 00:00:00 CDTThe European Supervisory Authorities (ESAs) (that is, the EBA, EIOPA and ESMA) have published a joint statement on taking a consistent and risk-based approach for ICT risks from frontier AI models.https://uk.practicallaw.thomsonreuters.com/Document/I4ddf78688c7c11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie231492f8a4d11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie231492f8a4d11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 31 Jul 2026 00:00:00 CDTA round-up of the week's Brexit-related developments for the Practical Law Brexit current awareness alert to 31 July 2026.https://uk.practicallaw.thomsonreuters.com/Document/Ie231492f8a4d11f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2445c8508c1911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I2445c8508c1911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 31 Jul 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/I2445c8508c1911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I864d9a418c0a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I864d9a418c0a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Jul 2026 00:00:00 CDTThe FCA has published the final notice issued to Equity for Growth (Securities) Ltd (EFG), a small corporate finance firm, imposing a public censure under section 205 of the Financial Services and Markets Act 2000 (FSMA) for approving minibond financial promotions that were unfair, unclear and misleading, in breach of COBS 4.2.1(1)R.https://uk.practicallaw.thomsonreuters.com/Document/I864d9a418c0a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I59d0a43a8ba011f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I59d0a43a8ba011f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Jul 2026 00:00:00 CDTTwo 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 have been published in the Official Journal of the European Union.https://uk.practicallaw.thomsonreuters.com/Document/I59d0a43a8ba011f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia63677c48b3911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ia63677c48b3911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 30 Jul 2026 00:00:00 CDTWe have published Practice note, EU AI Act transparency requirements.https://uk.practicallaw.thomsonreuters.com/Document/Ia63677c48b3911f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1eafff5d8ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1eafff5d8ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Jul 2026 00:00:00 CDTThe PRA has published low impact amendments to its rules and policy material (LIAF02/26).https://uk.practicallaw.thomsonreuters.com/Document/I1eafff5d8ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I0bdd28be8b2111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I0bdd28be8b2111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Jul 2026 00:00:00 CDTThe PRA has published a consultation paper on low impact amendments to its rules and policy material (LIAC02/26).https://uk.practicallaw.thomsonreuters.com/Document/I0bdd28be8b2111f1a5d7f2da0fe3cb84/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1eafffb18ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I1eafffb18ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 29 Jul 2026 00:00:00 CDTThe PRA has published a policy statement on post-implementation amendments relating to reporting and disclosure under UK Solvency II and targeted amendments to own funds requirements (PS18/26).https://uk.practicallaw.thomsonreuters.com/Document/I1eafffb18ac011f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I07409c428a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I07409c428a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 28 Jul 2026 00:00:00 CDTCommission Delegated Regulation (EU) 2026/872, which sets out regulatory technical standards (RTS) specifying the measures and safeguards to be implemented by ESG rating providers to separate their ESG rating activities from other activities under Regulation (EU) 2024/3005 (ESG Ratings Regulation), has been published in the Official Journal of the European Union.https://uk.practicallaw.thomsonreuters.com/Document/I07409c428a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I07409bd78a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I07409bd78a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 28 Jul 2026 00:00:00 CDTCommission Delegated Regulation (EU) 2026/871, which sets 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), has been published in the Official Journal of the European Union.https://uk.practicallaw.thomsonreuters.com/Document/I07409bd78a5a11f1a067dfea3d24ddcb/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I390aa020875a11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I390aa020875a11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 27 Jul 2026 00:00:00 CDTIn Wills & Trust Independent Financial Planning Ltd v Financial Ombudsman Service Ltd and others [2026] EWHC 1566 (Admin), the High Court partially allowed a judicial review challenge to a Financial Ombudsman Service (FOS) decision, finding the ombudsman's method of calculating compensation irrational because it depended on investment decisions of a successor adviser over which the respondent firm had no control.https://uk.practicallaw.thomsonreuters.com/Document/I390aa020875a11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I49a0cbec878111f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I49a0cbec878111f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Mon, 27 Jul 2026 00:00:00 CDTThe FCA has published its findings following a review of firms' approaches to monitoring outcomes under the consumer duty.https://uk.practicallaw.thomsonreuters.com/Document/I49a0cbec878111f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I05df12bf874a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I05df12bf874a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Jul 2026 00:00:00 CDTEFRAG (formerly the European Financial Reporting Advisory Group) published its consultation on the exposure draft of the European Sustainability Reporting Standards (ESRS) for certain non-EU undertakings (ESRS-40a ED), on 23 July 2026.https://uk.practicallaw.thomsonreuters.com/Document/I05df12bf874a11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I36ff0fd1848411f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I36ff0fd1848411f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Jul 2026 00:00:00 CDTA round-up of the week's Brexit-related developments for the Practical Law Brexit current awareness alert to 24 July 2026.https://uk.practicallaw.thomsonreuters.com/Document/I36ff0fd1848411f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie5414fcc85ab11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ie5414fcc85ab11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Fri, 24 Jul 2026 00:00:00 CDTOn 22 July 2026, the CMA updated its guidance on the unfair contract terms provisions in Part 2 of the Consumer Rights Act 2015, following a consultation on the same. The CMA has also published a new technical note to supplement the guidance.https://uk.practicallaw.thomsonreuters.com/Document/Ie5414fcc85ab11f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I680f3911868011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I680f3911868011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Thu, 23 Jul 2026 00:00:00 CDTThe FCA has published a new webpage setting out expectations on how general insurance firms should manage conflicts of interest arising from vertically integrated business models.https://uk.practicallaw.thomsonreuters.com/Document/I680f3911868011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id152923b859011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Id152923b859011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Wed, 22 Jul 2026 00:00:00 CDTThe PRA has published a consultation paper on amalgamations and transfers of insurance friendly societies (CP12/26).https://uk.practicallaw.thomsonreuters.com/Document/Id152923b859011f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I99c9cdac84de11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/I99c9cdac84de11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Jul 2026 00:00:00 CDTThe EU Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) has published its final report on draft implementing technical standards (ITS) on co-operation in the EU anti-money laundering (AML) and counter-terrorist financing (CTF) supervisory system for the purposes of direct supervision under Article 15(3) of the AMLA Regulation ((EU) 2024/1620).https://uk.practicallaw.thomsonreuters.com/Document/I99c9cdac84de11f1b282c724fbd952fe/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ifdedf67184a011f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ifdedf67184a011f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Jul 2026 00:00:00 CDTThe FCA has published the Wider Implications Framework's annual report for 2025/26, which includes a section on future changes to the Framework to ensure it continues operating effectively.https://uk.practicallaw.thomsonreuters.com/Document/Ifdedf67184a011f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ic392fdcd842611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29https://uk.practicallaw.thomsonreuters.com/Document/Ic392fdcd842611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29Tue, 21 Jul 2026 00:00:00 CDTThe Home Office has launched a call for evidence on unauthorised fraud in the UK, seeking views from industry, regulators, law enforcement, consumer groups and victims to help shape the government's future response to this growing economic crime threat. Responses are invited until 7 October 2026.https://uk.practicallaw.thomsonreuters.com/Document/Ic392fdcd842611f1a12ae8a22e010fcd/View/FullText.html?transitionType=Default&contextData=%28sc.Default%29