Fund as a whole' model meaning

In this issue: UK, EU and international regulators and bodies Prudential requirements Operational resilience Financial crime and sanctions Complaints, compensation and claims management Investigations, enforcement and discipline Regulation of benchmarks and IBOR reform Regulation of capital markets Regulation of derivatives Banks and mutuals Sustainable finance and ESG Investment funds and asset management UK MiFID II EU MiFID II Consumer credit, mortgage and home finance Regulation of insurance FSMA regulated pensions activity Payment services and systems Fintech and cryptoassets Financial Services Enforcement Database Daily and weekly news alerts Intraday news alerts New and updated content Dates for your diary Financial Services Highlights 2024/2025 UK, EU and international regulators and bodies Council of the European Union agrees to streamlined financial reporting and enhanced data-sharing rules for the EU financial sector The Council of the European Union and the European Parliament...

In this issue: Key developments and horizon scanning Disputes and remedies Repairing obligations and dilapidations Service charges Enforcing security and property insolvency Contractual issues Property disputes in Scotland Additional Property Disputes updates LexTalk®Property Disputes: a Lexis®Nexis community Daily and weekly news alerts New and updated content Dates for your diary Trackers Key developments and horizon scanning Renters' Rights Bill receives Royal Assent On 27 October 2025, the Renters’ Rights Bill gained Royal Assent, becoming the Renters’ Rights Act 2025 (RRA 2025). Among its reforms, RRA 2025 scraps Section 21 ‘no fault’ evictions and introduces a streamlined tenancy model, under which all assured tenancies are periodic. Further headline measures include establishing a Private Rented Sector Ombudsman with binding dispute resolution powers and creating a comprehensive Private Rented Sector Database to strengthen regulation. The Act also mandates applying both the Decent Homes Standard and Awaab’s Law (see below) to the private rented...

STOP PRESS : On 18 March 2026, the Pension Protection Fund (PPF) issued its levy policy statement and the final rules for 2026/27, together with guidance for pension schemes on meeting the levy rule requirements, and setting out how the PPF intends to operate in areas where the rules allow discretion. The accompanying guidance explains how schemes should demonstrate compliance with the levy requirements and clarifies the PPF’s expected approach wherever discretion applies. The PPF’s policy statement and final rules for 2026/27 implement its earlier announcement confirming that no PPF levy will be charged to conventional schemes for 2026/27, while a proportionate, risk-based Alternative Covenant Schemes (ACS) levy will be retained. The existing ACS framework is largely unchanged; however, the PPF has committed to accelerate its review of the ACS levy methodology to ensure it remains proportionate from 2027/28 onwards. Meanwhile, it has introduced a limited set of targeted refinements, as consulted upon, alongside a small addition to the ACS Guidance prompted by consultation feedback. The PPF further notes...