Q&As

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Latest Corporate News

Government consults on proposed reforms to the NSI Act 2021 mandatory notification regime

The UK government has launched a consultation on proposed changes to the National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021, which defines the scope of mandatory notification requirements under the National Security and Investment Act 2021 (NSI Act).

Corporate weekly highlights—24 July 2025

This week's edition of Corporate weekly highlights includes: a new Market Standards Trend Report on trends in sustainability disclosures in corporate reporting in 2024, the FRC’s decision to launch five consultations on audit and reporting standards, publication of new regulations introducing requirements for large companies to annually report on supplier payment practices and performance within their directors’ reports, publication by the Takeover Panel of its 2024-2025 annual report, a series of reforms to the NSI Act 2021, publication by the FCA of PMB 56 and publication of draft provisions for inclusion in the Finance Bill 2026. In addition, it also includes two cases involving: (i) anti-suit injunctions to restrain foreign proceedings breaching a shareholders agreement’s implied terms, and (ii) unfairly prejudicial conduct due to failure to implement a shareholder exit mechanism.

Asset-freeze target lists and General Licences updated for new UK global migration and trafficking sanctions regime

In response to the commencement of the Global Irregular Migration and Trafficking in Persons Sanctions Regulations 2025, SI 2025/902, OFSI has published a list of designated persons under this new sanctions regime. OFSI has also updated two existing General Licences—INT/2025/5632740 and INT/2022/1679676—to incorporate the latest designations. These licences allow designated individuals to receive payments for basic necessities such as food and housing, under clearly defined conditions and reporting obligations, helping prevent unintended humanitarian consequences. General Licence INT/2025/5632740, issued in January 2025, and INT/2022/1679676, issued in April 2022, both remain active and now reflect the expanded sanctions list. They apply across multiple regimes, including those concerning irregular migration, anti-corruption, and Russia-related measures.

Takeover Panel publishes 2024–25 Annual Report

The Takeover Panel has published its 2024–25 Annual Report, providing an overview of the Panel’s activities and those of its various committees over the past year. The report comprises statements from the Chair and the Code Committee Chair, as well as a summary from the Director General on takeover activity during the year. It also includes the accounts for the year ended 31 March 2025 and statistics on takeover transactions regulated by the Panel.

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