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PRACTICE NOTES
Note on Public Procurement Post-Brexit The Implementation Period under the EU-UK Withdrawal Agreement came to an end on 31 December 2020 at 11:00 pm GMT (IP Completion Day), and all the changes introduced under the Public procurement (Amendment etc) (EU Exit) Regulations 2020, SI 2020/13/19 to the existing EU-derived public procurement legislation have now come into force (with the exception of the amendments set out in Regulations 7, 9, 11 and 16). This Practice Note has been updated to take into account these post-Brexit changes. In addition, the UK government has published high-level guidance on public procurement post-Brexit, which has been updated after IP Completion Day: Public procurement policy and Public-sector procurement. For further information, see Practice Note: Brexit—the implications for public procurement [Archived]. Scope of this Practice Note This Practice Note considers institutions and government departments responsible for the delivery of infrastructure projects in the UK (in particular, public private partnerships (PPP or P3), private finance initiative (PFI) and Private Finance
PRACTICE NOTES
On 19 June 2025, HM Treasury and the National Infrastructure and Service Transformation Authority (NISTA) published ‘UK Infrastructure: A Ten-Year Strategy (the Infrastructure Strategy). This Practice Note provides an overview of the key aspects of the Infrastructure Strategy, primarily through an energy sector lens, focusing on the measures contained in Chapter 4: Becoming a clean energy superpower. What is the UK Infrastructure Strategy? The infrastructure Strategy is a policy paper setting out the government’s long-term plan to leverage at least £725 billion in government funding for economic, housing and social infrastructure to drive economic growth for the period between 2025 and 2035. The aim of the Infrastructure Strategy is to establish how the government intends to provide, incentivise and leverage funding to provide the economic and social infrastructure necessary to support its Plan for Change, which is the government’s foundational strategy for national renewal, and which includes, among others, a mission to make Britain a Clean Energy Superpower. The Infrastructure Strategy is also intended to support the UK Modern Industrial Strategy. For more information on the:
NEWS
Law360: The number of mergers and acquisitions that involve UK insurance agencies is on track to rise to 150 in 2024, despite a more muted first half of the year, a consultancy said on 15 August 2024.
PRACTICE NOTES
This Practice Note summarises the UK’s implementation of the Insurance Distribution Directive (Directive (EU) 2016/97) (IDD), the key elements of the UK insurance distribution framework, including links to UK legislation, rules and guidance, and reforms that have been made since the UK’s withdrawal from the EU. For information about the EU IDD, including its background and objectives, see Practice Note: EU IDD—essentials. IDD—implementation in the UK EU Member States were required to implement the IDD into national law by 1 July 2018. The requirements applied from 1 October 2018. The Financial Conduct Authority (FCA) issued three dedicated consultation papers, three corresponding policy statements and a Handbook Notice to implement the IDD in the UK. The links to the relevant papers are set out below: • March 2017, FCA Consultation Paper ‘Insurance Distribution Directive Implementation—Consultation Paper I’ 17/7 (CP17/7) • July 2017, FCA Consultation Paper ‘Insurance Distribution Directive Implementation—Consultation Paper 2’ 17/23 (CP17/23) • September 2017, FCA Consultation Paper ‘Insurance Distribution Directive-Consultation Paper 3’ 17/33 (CP17/33) • September 2017, FCA Policy Statement 1 ‘Insurance Distribution Directive implementation—Feedback to
NEWS
Law360, London: The UK government raised a record £6.7bn in insurance premium tax in the first nine months of the financial year ending March 2025, up 10% from the corresponding period a year earlier, according to HMRC figures released on 22 January 2025.
NEWS
Law360: The Insurance Premium Tax (IPT) raised more than £8.1bn so far this financial year, according to official figures on 21 March 2024, while premiums continue to rise.
NEWS
Law360: A marine insurer has warned that sanctions imposed on the Kremlin because of its invasion of Ukraine might prevent it from paying claims over collisions involving vessels insured by Russian rival IPJSC Ingosstrakh.
NEWS
Law360, London: Insurers are using allegations of fraud in a 'scattergun' approach in defending against personal injury claims, the Association of Personal Injury Lawyers (APIL) warned on 5 June 2025.
NEWS
Law360, London: British insurers could be forced to push through price hikes due to new US trade tariffs, experts warned on 4 April 2025, amid a looming risk of rising claims bills.
NEWS
Law360, London: The UK insurance sector provides cover to around a third of Russian oil shipments, according to a think tank report, in spite of sanctions introduced following the invasion of Ukraine nearly two years ago.
NEWS
Law360, London: An insurance industry trade body said on 9 December 2024 that the sector increased its senior management-level representation of women last in 2023 to 33%—but is still falling behind UK corporate averages.
NEWS
Law360, London: Britain's insurance sector has welcomed £4.2bn in government spending earmarked for flood defences, but says more needs to be done.