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The UK government has accelerated the timetable for a raft of new consumer subscription contract requirements introduced by the DMCCA.

By Calum Docherty, David Little, Christian F. McDermott, Richard Offord, and Irina Vasile

Multinational consumer-facing businesses are subject to a global patchwork of consumer protection laws and regulations, all of which create a complex regulatory landscape. Requirements around consumer subscription contracts are rapidly evolving and increasingly divergent across national regimes. Businesses offering subscriptions to UK consumers…

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The transaction is a landmark moment for the UK’s reformed capital markets framework.

By Mark Austin, Ryan Benedict, Frederick Gardner, Isabelle Knapton, and Rob Moulton

Latham & Watkins has advised the underwriting banks on the UK and European retail offers in connection with SpaceX’s IPO, which involved an innovative use of the FCA’s new public offer platform (POP) regime. A total of 2,696,175 shares were made available for UK retail investors, raising $363,983,625 and representing one…

  • The consultation proposes that the Insolvency Service should have the power to disqualify directors without needing to apply to court.
  • Directors could become vulnerable to a new “restrictions” regime for lower-level misconduct.
  • There is no proposal to clarify the maximum timeline for Insolvency Service investigations into solvent companies, while
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The consultation aims to make jurisdictional thresholds more predictable, enhance the CMA’s political accountability, and improve interactions between businesses and the regulator.

By Stephanie Adams, Greg Bonné, Ludmilla Le Grand, David Little, Jonathan Parker, and Simon Pritchard

On 20 January 2026, the UK government launched a consultation on a package of reforms to the UK competition regime — aimed at supporting economic growth while delivering benefits for consumers and businesses and maintaining the independence of…

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The English Court of Appeal’s judgment in Ure Energy makes an important contribution to the law of waiver.

By Nell Perks and Anna Kullmann

Key Points:

  • Ure Energy confirms that the principle in Peyman v. Lanjani applies in cases of express contractual termination rights.
  • For a party to affirm a contract and waive its contractual right to terminate, it must actually know of the facts giving rise to its right to terminate, and the existence of that right.

Introduction

The…

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The Credit Suisse judgment has significant implications for claims in deceit.

By Oliver Middleton, Anna Kullmann, and Duncan Graves

Key Points:

  • This landmark judgment confirms the legal requirements for a claim in deceit.
  •  Claimants do not need to prove their conscious awareness or understanding of a representation (although they still must prove that the representation induced them to contract).

On 24 November 2025, the Judicial Committee of the Privy Council handed down judgment in Credit Suisse Life…

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Internal controls must be tailored, proportionate, and risk-based — not just a “paper exercise”.

By Erin Brown Jones, Clare Nida, and Matthew Unsworth

Last week, the UK Serious Fraud Office (SFO) published its updated “Guidance on Evaluating a Corporate Compliance Programme” (the Guidance). The agency’s previous guidance was published in 2020 as an eight-page segment in the SFO Operational Handbook. The latest iteration is very much public-facing, with a helpful FAQ section and updates to reflect the “failure…