Brexit

Brexit

STOP PRESS—Impact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that remains in force is known as ‘assimilated law’, in accordance with section 5 of the Retained EU Law (Revocation and Reform) Act 2023 (REUL(RR)A 2023) and is generally to be interpreted according to ordinary domestic law and principles.

REUL(RR)A 2023 also introduces new tests for courts considering whether to depart from assimilated case law, and procedures for dealing with points of assimilated law.

From 1 January 2024, unless otherwise stated (or referencing a point in time at or before the end of 2023), references to REUL and associated terms within domestic legislation are read as references to assimilated law and associated terms. For more information, see Practice Note: Assimilated law.

On 23 June 2016, the United Kingdom held a referendum on its membership of the European Union, with a majority voting in favour of the United Kingdom leaving the

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Latest Corporate News

Corporate weekly highlights—12 February 2026

This week's edition of Corporate weekly highlights includes: the LSE confirming its final rules for its Private Securities Market following consultation and the FCA imposing fines totalling £108,731 on two individuals for insider dealing.

Pensions UK calls for whole market approach to FCA pension transfer reforms

Pensions UK has responded to the Financial Conduct Authority’s (FCA) consultation CP25/39 on adapting regulatory requirements for a changing pensions market, welcoming the proposals as a constructive step towards improving consumer outcomes but warning that they will fall short without coordinated action across the defined contribution (DC) pensions system.

FCA fines Dipesh Kerai and Bhavesh Hirani for insider dealing

The Financial Conduct Authority (FCA) has fined Dipesh Kerai and Bhavesh Hirani for insider dealing in shares of Bidstack Group Plc. Kerai has been fined £52,731, and Hirani has been fined £56,000. Both individuals’ conduct breached Article 14 of the UK Market Abuse Regulation relating to insider dealing and unlawful disclosure of inside information.

LSE confirms final rules for Private Securities Market following consultation

The London Stock Exchange (LSE) has confirmed the final version of its rules for the Private Securities Market, which operates as a Private Intermittent Securities and Capital Exchange System (PISCES). It says no changes were proposed in relation to the Rules of the LSE or the Admission and Disclosure Standards.