Regulatory updates

Blog

New SFO guide to DPAs: material change, or confirmation of approach?

Published on 28 October 2020. By Sam Tate, Partner and Lucy Kerr, Senior Associate

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Last week, the Serious Fraud Office (SFO) published a comprehensive guide to its approach to Deferred Prosecution Agreements (DPAs).

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Regulatory update - October 2020

Published on 22 October 2020. By Gavin Reese, Partner

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Welcome to the October edition of the Regulatory update, which pulls together recent developments from across the UK’s regulators – to help you navigate the regulatory maze.

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Blog

UKCA Marking: Updated Guidance

Published on 16 September 2020. By Gavin Reese, Partner and Elinor Sidwell, Associate

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As the end of the Brexit implementation period draws closer, the UK Government has sought to clarify the changes that will follow. On 1 September 2020 they published the long-awaited guidance on the use of UKCA marking following the withdrawal of the previously issued advice earlier this year.

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Regulatory update - August 2020

Published on 21 August 2020. By Gavin Reese, Partner

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Welcome to the August edition of the Regulatory update, which pulls together recent developments from across the UK’s regulators – to help you navigate the regulatory maze.

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Reform of audit industry: it's time to split

Published on 28 July 2020. By Davina Given, Partner

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Audit has been the subject of intense scrutiny over the past few years in the wake of a series of high-profile business collapses such as Carillion, Patisserie Valerie and Thomas Cook in the UK and, more recently, Wirecard in Germany, and there is no shortage of calls for reform of the audit industry.

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Blog

Medical Devices Regulation on the horizon

Published on 09 July 2020. By Peter Rudd-Clarke, Legal Director

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The EU Regulation on Medical Devices 2017/745 (the MDR) had been due to become fully applicable on 26 May 2020.

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Audit market: From recommendations to reforms

Published on 09 July 2020. By Davina Given, Partner

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The Brydon Report on audit quality and effectiveness was released on 18 December 2019. The Report sets out recommendations for “urgent reform” in order to increase public confidence and seek to prevent unnecessary corporate failures.

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Blog

SMCR: The tricky implementation phase

Published on 09 July 2020. By Lucy Kerr, Senior Associate

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The Senior Managers and Certification Regime (SMCR) came into force for all financial services firms solo-regulated by the Financial Conduct Authority (FCA) on 9 December 2019. The SMCR replaces the previous APER regime under which the FCA had oversight of the individuals working in the financial services industry. There is a one year implementation period for firms to make the changes required by the SMCR, which expires on 9 December 2020.

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Publication

Regulatory Radar 2020/21

09 July 2020

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Welcome to the 2020/21 edition of RPC’s annual Regulatory Radar – a guide to the key regulatory changes worth having on your radar. We hope this will be a useful resource, helping you scan the regulatory horizon and highlight changes that could impact your business.

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Regulatory update - June 2020

Published on 26 June 2020. By Gavin Reese, Partner

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Welcome to the June edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Blog

COVID-19: The Dairy Sector and Welsh health services granted temporary UK competition law exemptions and the European Commission issues first 'Comfort Letter' to Pharmaceutical Manufacturers

Published on 01 June 2020. By Lambros Kilaniotis, Partner and Melanie Musgrave, Senior Associate

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The UK Government has granted a temporary competition law exemption for certain collaboration within the dairy sector and Welsh health services and the European Commission has published its first 'comfort letter' to allow co-operation to ensure supplies of medicines for COVID-19 patients.

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Blog

Regulated Activities Order amendments for the new Bounce Back Loan Scheme

Published on 05 May 2020.

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On 1 May 2020, the Financial Services and Markets Act 2000 (Regulated Activities) (Coronavirus) (Amendment) Order 2020 was published and came into force on 4 May 2020.

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Regulatory Roundup Q1 2020

Published on 30 April 2020. By Gavin Reese, Partner

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Welcome to the Spring edition of the Regulatory Roundup, which aims to pull together the key developments across regulatory regimes – and help you to navigate the maze.

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Blog

COVID-19: What is the CMA's current approach to UK merger assessment?

Published on 29 April 2020. By Lambros Kilaniotis, Partner and Melanie Musgrave, Senior Associate

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The CMA has been adapting its working practices to react to the ongoing challenges of a change in working environment that has an impact on almost all businesses.

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COVID-19: CMA provides guidance to business on its approach to co-operation in response to the pandemic

Published on 01 April 2020. By Lambros Kilaniotis, Partner and Melanie Musgrave, Senior Associate

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Businesses, which do not benefit from the specific competition law exemptions granted by the Secretary of State (in the groceries, Solent Ferries and healthcare services sectors), may co-operate without fear of enforcement action by the Competition and Markets Authority (the "CMA"), provided that this co-operation is undertaken "solely to address concerns arising from the current crisis and does not go further or last longer than what is necessary".

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Publication

Key regulatory guidance following COVID-19 pandemic

Published on 27 March 2020. By Gavin Reese, Partner

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As the world tackles the COVID-19 pandemic, the UK’s Regulators have published a host of useful guidance that firms should take good note of during this period of uncertainty. While not an exhaustive list, we hope this summary highlights the key obligations and requirements currently being brought in by the Regulators.

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Regulatory update - March 2020

Published on 27 March 2020. By Gavin Reese, Partner

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Welcome to the March edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Regulatory update - February 2020

13 February 2020

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Welcome to the February edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Regulatory update - January 2020

15 January 2020

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Welcome to the January edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Regulatory update - December 2019

11 December 2019

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Welcome to the December edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Regulatory update - November 2019

11 November 2019

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Welcome to the November edition of our monthly Regulatory Update, which aims to pull together key developments from the past month across the various UK regulators – and help you to navigate the regulatory maze.

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Regulatory update - October 2019

Published on 10 October 2019. By Gavin Reese, Partner

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Welcome to the October edition of our monthly Regulatory update, which aims to pull together key developments from across the various UK regulators – and help you to navigate the regulatory maze.

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