We have highlighted some of the key changes outlined in today’s announcement. We will continue to monitor to see how these changes are implemented in the Finance Bill, which is due to be published next week. The Finance Bill may itself bring further changes.
TaxOn 30 September 2025, the European Commission announced that it had conducted “unannounced inspections”, dawn raids, on the premises of a company active in the vaccines sector.
EU, Competition & ProcurementThe European Commission has clarified that sustainability-driven cooperation agreements, such as joint decarbonisation in ports, can comply with EU competition law if certain safeguards are followed.
ESG & SustainabilityIreland’s new Action Plan promotes modern construction methods to reduce waste and boost sustainability, supporting a shift to a circular economy in the building sector.
ConstructionFrom August 2026, the new EU rules require all packaging to be more recyclable, clearly labelled, and responsibly managed to cut waste.
Environmental & PlanningThe EU has delayed battery due diligence rules to August 2027, narrowed their scope to larger companies, and introduced exemptions and simplifications for smaller businesses.
Corporate Advisory & Company LawThe European Commission has proposed another one-year delay to the EU Deforestation Regulation amid mounting political, industry, and international pressure, casting uncertainty over the law’s future and sparking renewed debate over its scope and implementation.
ESG & SustainabilityIn part three of our ESG research report series, we turn our attention to the financial services sector.
Asset Management & Investment FundsIn this article, we summarise some key changes that AIFMD 2 introduces in respect of delegation, authorisation, regulatory reporting and conflicts of interest-related requirements applicable to alternative investment fund managers.
Asset Management & Investment FundsOn 24 July 2025, in Jardine Strategic Limited v Oasis Investments II Master Fund Ltd No 2 [2025] UKPC 34, the Judicial Committee of the Privy Council delivered a landmark judgment abolishing the ‘Shareholder Rule’.
Corporate & M&AAIFMD 2 marks a pivotal shift for EU private credit funds, introducing a harmonised framework for AIFMs of loan originating AIFs that replaces fragmented national rules with clear, consistent provisions that provide for a level-playing field.
Asset Management & Investment FundsDomestically, the CBI published an FAQ on MiCAR and PSD2 interplay. At European level, the EBA issued final draft RTS on crypto exposures, new DORA Q&As, and a report on technology in AML/CTF.
Financial Regulation Advisory
