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In this issue: Key developments and horizon scanning Electronic communications Disputes and remedies Repairing obligations and dilapidations Service charges Easements and covenants Residential tenancies Rent and rates Additional Property Disputes updates Daily and weekly news alerts New and updated content Dates for your diary Key developments and horizon scanning RICS publishes first global standard on AI use in surveying The Royal Institution of Chartered Surveyors (RICS) has unveiled its inaugural worldwide professional standard for responsible AI in surveying, effective from 9 March 2026. It introduces mandatory obligations and sets out best practice for RICS members and regulated firms globally, covering governance and risk management, professional judgement and oversight, transparency and client communication, and ethical AI development. The standard applies to AI used across valuation, construction, infrastructure and land services. Firms must introduce clear policies for data use, AI governance and risk recording; Surveyors must evaluate the reliability...
In this issue: UK, EU and international regulators and bodies Accountability, culture and social governance; prudential requirements Financial crime and sanctions; consumer protection Investigations, enforcement and discipline Regulation of capital markets, investment firms and derivatives Sustainable finance and ESG; banks and mutuals UK MiFID II and EU MiFID II Consumer credit, mortgage and home finance; regulation of insurance FSMA regulated pensions activity Payment services and systems; fintech and cryptoassets Regulation of AI in FS Financial Services Weekly Highlights 2025/2026 New and updated content New Practice Note: The FCA Consumer Duty—application to retail banks and building societies Dates for your diary; Financial Services Enforcement Database Daily and weekly news alerts LexTalk®Financial Services: a Lexis®Nexis community UK, EU and international regulators and bodies FCA releases outcomes report from Open Finance Sprint 2025. The Financial Conduct Authority (FCA) has issued a webpage alongside the outcomes report...
This quick guide to e-commerce and financial services outlines current UK law and retained EU law on financial services e-commerce obligations that were changed and/or cancelled by the Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019, SI 2019/1361 (the E-Commerce Exit Regulations), together with other measures made at the end of the implementation period after the UK’s withdrawal from the EU. The summary below explains the Brexit arrangements for onshoring EU rules applicable to e-commerce financial services providers following Brexit. Overview of onshored and preserved EU-derived law post-IP completion day The E-Commerce Exit Regulations 2019 were laid on 25 March 2019. They sit within HM Treasury’s programme of statutory instruments under the European Union (Withdrawal) Act 2018 EU(W)A 2018, addressing contingency planning for a ‘no deal’ Brexit. These Regulations contribute to domesticating EU law so that legal continuity is maintained at the moment the UK leaves the EU. EU(W)A 2018 ‘onshores’ and keeps in force most EU and EU-derived legislation as it existed immediately before...
This Practice Note examines supply chain sustainability within the wider landscape of sustainable procurement and environmental, social and governance (ESG) performance, with a particular emphasis on private sector practice in the UK. It delivers practical direction on creating a supplier code of conduct and shaping a comprehensive UK supply chain sustainability programme that considers key matters including human rights, labour standards, environmental effects, corruption, deforestation, exposure to litigation, and risk management. Public procurement does not fall within the scope of this Practice Note. For further reading on central themes in supply chain sustainability—covering what it is, how companies can build a sustainable supply chain, which issues a supply chain sustainability programme should address, the risks of not doing so, and mitigation—see Practice Note: Supply chain sustainability—key themes. For information on supply chain sustainability in the EU, including more detail on EU regulations, see Practice Note: Supply chain sustainability—EU. For guidance on sustainable public procurement, see Practice Note: A guide to sustainable public procurement... Developing a supply chain sustainability programme...
Overview of onshored and preserved EU-derived law post-IP completion day This brief guide sets out high-level details of the steps taken under the European Union (Withdrawal) Act 2018 (EU(W)A 2018) to onshore Regulation (EU) 596/2014 (OJ L 173/1) (the EU Market Abuse Regulation). The main instrument used under EU(W)A 2018 to bring the EU Market Abuse Regulation into UK law was the Market Abuse (Amendment) (EU Exit) Regulations 2019, SI 2019/310 (the Market Abuse Exit Regulations), made on 18 February 2019. The Market Abuse Exit Regulations have been further amended by: Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019, SI 2019/680; Financial Services (Electronic Money, Payment Services and Miscellaneous Amendments) (EU Exit) Regulations 2019, SI 2019/1212; and Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020, SI 2020/1301. EU(W)A 2018 initiated a programme of SIs as contingency for a no-deal Brexit. Instruments made under EU(W)A 2018 contribute to domesticating EU law to secure legal continuity after the...