A regular briefing for the alternative asset management industry. 

From 1 October 2026, failures by service providers and subcontractors to carry out right to work checks could result in fines being imposed on businesses further up the supply chain. The civil penalties are significant, up to £45,000 per illegal worker for a first breach, rising up to £60,000 for repeat breaches.

The Employment Rights Act 2025 is introducing a range of significant reforms to UK employment law, with the key changes being phased in over 2026 and 2027. The much-publicised reduction of the service requirement for unfair dismissal claims and the removal of the compensation cap will take effect in January 2027.

The first article in this series examined the rules of several leading arbitral institutions – the LCIA, the ICC, the SIAC and UNCITRAL – noting that none currently contains express provisions on AI. It also considered how existing procedural rules may nevertheless accommodate the use of AI, identifying best practices for parties who wish to adopt AI tools in their proceedings.

The Building Safety Levy comes on stream on 1 October 2026 and imposes a potentially significant new cost on residential developments. This article answers 3 key questions that landowners and developers may be asking themselves about the new tax.

Four "nationally significant" cyber attacks a week on average in the UK: that was the NCSC's count for the year to September 2025. Yet data centres, the backbone of the UK's digital economy, have until now remained outside the scope of cyber regulation.

Since November 2025, when the European Commission first published its proposal to update the EU Sustainable Finance Disclosure Regulation (SFDR 2.0), there has been widespread interest in how far the final SFDR 2.0 legislation could modify or dilute sustainability-related obligations for funds distributed in the EU. The asset management industry has been hoping for a legislative solution to some of the complexities and limitations of the existing SFDR 1.0 rules.

The UK tax authority (HMRC) has recently announced that it will expand the exclusions from its new mandatory tax adviser registration requirement. Under this expansion, an exclusion will apply to a wider range of circumstances where advice is provided outside of a traditional tax adviser - third party commercial relationship.