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Ofgem publishes final determinations on NESO’s Business Plan 3
Ofgem has published its final determinations on the National Energy System Operator (NESO)’s Business Plan 3 (BP3), setting out its expectations for NESO’s performance, reporting requirements, and position on how the plan delivers value for money to consumers. The final determinations confirm the positions outlined in Ofgem’s earlier draft,...
Financial Services Regulation and Compliance—Funds April 2025
Ireland-Banking & Financial Service analysis: This article, was written by A&L Goodbody’s Asset Management and Investment Funds Team. Domestically, the CBI updated its position in relation to portfolio transparency for UCITS ETFS and consults on Fitness and Probity Regime. At European level, ESMA published draft RTS and guidelines for liquidity...
Insolvency Service publishes BBL default data
The Insolvency Service has published a data report showing that 114,752 bounce back loan (BBL) facilities were held by dissolved or liquidated companies as of 31 March 2025. Of these facilities, 73,977 have defaulted, while 38,454 were fully repaid. The data (covering England, Wales and Scotland) illustrates that 51,413 facilities were held by...
Additional considerations for older intended parents considering international surrogacy (Mr and Mrs K v Mr and Mrs Z)
Family analysis: In Mr and Mrs K v Mr and Mrs Z the court considered an application for a parental order by the intended parents, (the applicants), who were both aged 72 at the time of their application. The child had been born via a surrogacy arrangement in California. While all elements of section 54 of the Human Fertilisation and Embryology Act...
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