Banking, Company and Insolvency Law

Consultation on the Statement for the purposes of section 3 of the National Security and Investment Act 2021

The National Security and Investment Act 2021 enables the UK Government to screen, and if necessary intervene in, acquisitions of control over qualifying entities and assets in or closely linked to the UK. Before the Secretary of State can use the power to call in acquisitions, the Act requires the Secretary of State to publish a statement which sets out how the power will be used.

This consultation seeks views on the draft statement.

Read our consultation response

The Law Commission consulted on proposals to allow for legal recognition of trade documents such as bills of lading and bills of exchange. 

This consultation seeks views on proposals to mandate climate-related financial disclosures by publicly quoted companies, large private companies and Limited Liability Partnerships (LLPs). To support our transition to net zero, the Government considers it important to ensure that companies with a material economic or environmental impact or exposure assess, disclose and ultimately take actions against climate-related risks and opportunities.

BEIS and Companies House issued a consultation on Corporate transparency and register reform: implementing the ban on corporate directors

The consultation seeks to understand the extent to which there is uncertainty over the continued application of a critical benchmark to contracts where the FCA has exercised its power to direct a change in how the benchmark is determined under the Benchmarks Regulation, and the risk of associated litigation.

BEIS and Companies House issued a consultation on Corporate transparency and register reform: powers of the registrar

The Economy, Energy and Fair Committee sought views on reform of the law on moveable transactions.

The UK Law Commission has issued a consultation on Intermediated Securities.

 

The Scottish Law Commission has issued a discussion paper which considers pre-default matters such as the creation and transfer of heritable securities and the obligations which they can secure.

The UK Government has issued a consultation on Corporate transparency and register reform

The Department for Business, Energy & Industrial Strategy has issued a consultation on the Draft Registration of Overseas Entities Bill which proposes the introduction of a register of the beneficial owners of overseas legal entities that own land in the UK.

The Department for Business, Energy & Industrial Strategy has issued a consultation on proposals that will deter the misuse of limited partnerships in criminal activity.

 The UK Government Department for Business, Energy & Industrial Strategy has issued a consultation to seek views on insolvency and corporate governance.

 

 

The EU Financial Affairs Sub-Committee has launched an inquiry into the future of financial regulation and supervision following Brexit.

The Scottish Law Commission (SLC) has issued a consultation on the draft Moveable Transactions (Scotland) Bill prior to publishing a final draft Bill and report later this year.

The UK Government Department for Business, Energy & Industrial Strategy has issued a consultation to seek views on a beneficial ownership register to increase the transparency of overseas investment in property and public contracts.

The UK Government Department for Business, Energy & Industrial Strategy has issued a call for evidence on the limited partnerships framework. Specifically, they are seeking views on: the possible reasons why registration of limited partnerships in Scotland has increased; the value limited partnerships bring to the UK economy as a whole; and how the wider limited partnership framework operates and whether any changes need to be made.

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