HM Treasury has announced that the government has accepted the recommendation in the Future of Payments Review (FPR) to publish a National Payments Vision (NPV), and will do so ‘as soon as possible’ in 2024. The FPR was chaired by Joe Garner, who will be an advisor to the NPV.

HM Treasury, in partnership with the National Infrastructure and Service Transformation Authority (NISTA) and the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, has unveiled a landmark ten-year Infrastructure Strategy as part of the Plan for Change. This detailed strategy commits at least £725bn to infrastructure investment through to 2035, with the dual aim of establishing the UK as a clean energy superpower and providing long-term investment certainty. It outlines aggressive 2030 clean power targets of 43–50 gigawatts (GW) offshore wind, 27–29 GW onshore wind, and 45–47 GW solar capacity, while allocating £9.4bn for carbon capture, usage and storage projects and £500m for hydrogen transport infrastructure. In addition, the strategy sets aside £14.2bn for the development of Sizewell C and £2.5bn for small modular reactor programmes, with Great British Energy set to invest £8.3bn in clean power projects, including £300m for offshore wind supply chains.

HM Treasury has updated its policy paper to outline the legislative approach for applying the Financial Services and Markets Act 2000 (FSMA 2000) model of regulation to the banking capital framework, previously governed by EU law. This involves revoking parts of the assimilated Capital Requirements Regulation (UK CRR) and allowing the Prudential Regulation Authority (PRA) to replace them with rules implementing Basel 3.1 standards and the small domestic deposit takers (SDDT) regime. The implementation of Basel 3.1 reforms has been delayed until 1 January 2027. HM Treasury has released three pieces of draft regulations addressing CRR provisions and capital buffers alongside the policy update and inviting technical feedback on the legislative approach within the next six weeks.

HM Treasury has updated the Money Laundering Advisory Notice: High Risk Third Countries (HRTCs) to reflect changes made to the definition of HRTCs in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692 as well as the removal of MLR 2017, SI 2017/692, Sch 3ZA. The Advisory Notice highlights that the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024, SI 2024/69 came into force on 22 January 2024, amending the definition of HRTCs.

HM Treasury has updated the Money Laundering Advisory Notice: High Risk Third Countries (HRTCs) to reflect changes made to the countries who fall within the definition of an HRTC, as defined in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692. These updates have come as a result of the updates to the list made by the Financial Action Task Force at its meeting in February 2024.

HM Treasury has updated the UK Government Green Financing Framework which establishes principles for the Green Financing Programme that raises financing from investors to fund green expenditures addressing climate change, natural ecosystem rebuilding and green sector employment. The Framework sets out eligibility guidelines for seven expenditure categories: Clean Transportation, Renewable Energy, Energy Efficiency, Pollution Prevention and Control, Living and Natural Resources, Climate Change Adaptation, and Nuclear Energy. HM Treasury commits to annual reporting on the allocation of Programme financing to eligible green expenditures and on the environmental impact and social co-benefits of funded expenditures. The Framework aligns with the ICMA Green Bond Principles, and S&P Global Ratings provided a Second Party Opinion in November 2025, assessing the Framework as "dark green", their highest rating.

HM Treasury has issued an updated advisory notice identifying jurisdictions with strategic deficiencies in anti-money laundering (AML), counter-terrorist financing (CFT) and proliferation financing (PF) controls. These jurisdictions are categorised either as High Risk Third Countries under the Money Laundering Regulations or are subject to increased monitoring by the Financial Action Task Force (FATF). The notice reflects changes made during the FATF’s October 2025 plenary, including the removal of Burkina Faso, Mozambique, Nigeria and South Africa from the increased monitoring list due to their substantial progress in addressing AML/CFT deficiencies.

HM Treasury has published an updated Money Laundering Advisory Notice reflecting changes to the High Risk Third Countries (HRTC) list following the Financial Action Task Force (FATF) February 2025 plenary meeting. The guidance document, which forms part of the Money Laundering Regulations (MLR), identifies jurisdictions with inadequate money laundering and terrorist financing controls. This represents the latest in a series of regular updates that align UK anti-money laundering measures with FATF determinations.

The Heads of Medicines Agencies (HMA) and European Medicines Agency (EMA) has published a guidance document on the identification of personal data and commercially confidential information within the structure of the marketing authorisation application (MAA) dossier. The guidance document is applicable to information or documents relating to the initial and variation of MAA dossiers of medicinal products for human use for finalised, under the national, mutual recognition, decentralised and centralised regulatory procedures. The guidance also lays down principles, which include principles on the protection of personal data and principles to be applied for the redaction of commercially confidential information, which can be considered for other types of finalised procedures such as orphan designations and Paediatric Investigation Plans or waivers.

The Heads of Medicines Agency (HMA) and the European Medicines Agency (EMA) have published a report that focuses on the use of social media data in real-world settings, such as clinical care or the daily life of patients, to generate real-world evidence that could potentially support regulatory activities. The data in question includes demographic details, patient experience data (PED), and information related to medication usage and disease factors.

The HM Crown Prosecution Service Inspectorate (HMCPSI) has published the Serious Fraud Office Disclosure report. HMCPSI assessed whether the Serious Fraud Office (SFO) had the necessary skills and infrastructure required to discharge its disclosure obligations. HMCPSI considered differing ways in which the SFO handles disclosure by looking at two cases. HMCPSI said reported on some of the challenged faced by the SFO in disclosure, including continuity and retention of case staff, disclosure planning strategy, record keeping and case management, structural weaknesses, assurance processes, and internal cultural challenges. However, HMCPSI noted that the SFO had already identified some of these issues and had taken action. HMCPSI concluded that the SFO requires further government funding and suggested that the SFO consider structural changes to strengthen disclosure handling.

HM Courts and Tribunals Service (HMCTS) Family Public Law (FPL) service has issued further release notes following user research commissioned on improvements to the Form C110a application journey. Release note 9 of 2025, directed at local authorities, or those issuing on behalf of local authorities, includes provision for the applicant section, which was previously over three pages, to be consolidated to two pages and the legal team manager and client code boxes have been removed and replaced with a text box for the person signing the statement of truth on the Form C110a. In addition, the notifications section has been streamlined to show the main contact first and the ability to add additional contacts who will be able to access the portal providing they are named within the organisation. A similar release note has been issued for solicitor users of the service (release note 10 of 2025), together with release note 11 for solicitors, which relates to solicitors who make a discharge of care/supervision application or a contact with a child in care application.