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We are excited to be hosting our fifth annual Alternative Insights Summit on Thursday 18 June.

Businesses facing the onset of high-risk AI system obligations in August 2026 will now have significantly more time to prepare. On 7 May 2026, EU lawmakers reached political agreement on revisions to the AI Act, bringing some much-needed certainty after a fraught end to April, when negotiations on the Digital Omnibus on AI almost broke down.

The Crime and Policing Act 2026 (the "CPA") received Royal Assent on 29 April 2026. Among its wide-ranging provisions, the CPA contains a measure of significant consequence for all businesses with a connection to the UK: the extension of the reformed identification doctrine to all criminal offences.

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RICS' new service charge residential management code came into effect on 7 April 2026. It provides, amongst other things, guidance for landlords and managing agents on key provisions in the Building Safety Act 2022.

In this issue, we look at whether UK fire and rehire reforms could affect outsourcing. We also discuss consumer-facing outsourcings, the impact of the Middle East crisis, cloud switching, the expansion of unfair dismissal rights, new EU rules affecting financial services outsourcings and UK rules affecting premises and event management outsourcings.

Travers Smith has advised Keefe, Bruyette & Woods, a Stifel company, as Sole Sponsor to Mortgage Advice Bureau ("MAB") on its move from AIM to a listing on the Official List of the FCA, and to trading on the Main Market of the LSE.

Travers Smith has advised a consortium of lenders on the financing arrangements supporting Arcus Infrastructure Partners’ acquisition of Wifinity, a market-leading specialist connectivity services provider. Arcus acquired Wifinity through Arcus European Infrastructure Fund 3 SCSp.

The Financial Conduct Authority (FCA) has just published a consultation paper (Consultation Paper 26/14: Changes to the information flows for UK equity IPOs) on removing rules which require a mandatory waiting period between the publication of an IPO prospectus or registration document, and the release of pre-deal investment research by syndicate bank analysts.