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CMA’s draft revised remedies guidance: what it gets right, and where the final guidance could go further On 16 October the CMA launched a consultation on its draft revised remedies guidance. There is much in the draft guidance to applaud. In this briefing we pull out five things the draft guidance gets right, and five points where the CMA could go further to...
Competition Law in the Digital Age - November 2025 Our Competition Law in the Digital Age newsletter is intended to provide insights on modern-day competition law developments in a bite-sized format. This edition covers minority shareholdings, the DMA review, Microsoft Teams commitments, technology driven...
Insurance update: recent developments from the FCA and PRA
Connections Reform in Great Britain: A new queue on the horizon? The National Energy System Operator’s (NESO) Connections Reform programme has been in planning and implementation for some time, and on the current timeframes, it is anticipated that the first Gate 2 outcomes will be known before the end of the year....
The Legal 500: Blockchain & Crypto Assets Comparative Guide 2025 - UK chapter The Blockchain Country Comparative Guide aims to provide an overview of the law and practice of blockchain law across a variety of jurisdictions. This chapter relates to UK law. 1. Please provide a high-level overview of the blockchain market in your...
Non-Executive Director Remuneration update The Financial Reporting Council (“FRC”) recently published updated guidance on how UK-listed companies can remunerate their non-executive directors (“NEDs”) using shares in the company that engages them. This update forms part of a broader regulatory...
Competition and Regulatory Newsletter: European Court of Justice clarifies boundaries around disclosing leniency statements The European Court of Justice has clarified key questions around the protection afforded to leniency statements and settlement submissions under EU law – specifically, whether such documents can be shared with national prosecutors in criminal proceedings,...
Unpacking the Bank of England’s proposed regime for sterling-denominated systemic stablecoins The Bank of England’s proposals for sterling-denominated systemic stablecoins are an important step in the development of UK policy towards this promising innovation. However, the proposals do not yet cover a number of details which need to be resolved in...
The contract prevails: Supreme Court confirms there is no principle of deemed fulfilment of conditions precedent under English law The Supreme Court in King Crude Carriers & Ors v Ridgebury November & Ors has unanimously overturned the Court of Appeal and settled a long-debated point in English contract law, holding that the principle of ‘deemed fulfilment’ of conditions...
Poundland - a pre-arranged restructuring plan Slaughter and May advised leading pan-European discount retailer Pepco Group N.V. on the successful sale and follow-on restructuring of Poundland Limited. This was a unique transaction where the restructuring, which was implemented through a UK Part 26A...