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

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

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

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

The report covers the private law issues that may arise when firms use AI to assist, or directly execute, market activities.

By Nell Perks

In late October, the Financial Markets Law Committee (FMLC) released a report that considers the private law issues that may arise from the use of artificial intelligence (AI) in wholesale financial markets.1 The report offers non-binding guidance on how to conceptualise AI’s impact in private law domains. While the technology may be revolutionary, the FMLC

The Court also found limited trademark infringement and seemingly departed from EU law.

By Sophie Goossens and Brett Shandler

On 4 November 2025, the High Court of England and Wales (the Court) handed down its long-awaited judgment in Getty Images v. Stability AI, a case brought by various entities in the Getty Images group as well as a contributor entity (collectively, Getty), essentially alleging that Stability AI had infringed IP rights asserted by Getty in the course of the

Landmark decision means companies can assert legal advice privilege against their shareholders in litigation before the English courts.

By Oliver Middleton, Nell Perks, and Alice Zhou

On 24 July 2025, the Privy Council handed down its decision in Jardine Strategic Ltd v. Oasis Investments II Master Fund Ltd and Others (No 2) (Bermuda) [2025] UKPC 34 (Jardine),abolishing the so-called “Shareholder Rule” exception to legal advice privilege as a matter of both Bermudian and English law. The

Final report recommends the digitisation of UK shareholdings through a fully intermediated system of shareholding, with an interim phase of digitised share registers.

By Mark Austin CBE, James Inness, Anna Ngo, and Johannes Poon

On 15 July 2025, the Digitisation Taskforce, chaired by Sir Douglas Flint, published its final report, marking a significant milestone in the journey towards digitising the UK shareholding framework. Its findings have been welcomed by HM Treasury on behalf of the UK

UK membership will strengthen cross-border enforcement of English court judgments and reinforce London’s position as a key global centre for dispute resolution.

By Oliver Middleton, Samuel Pape, and Sean Newhouse

On 1 July 2025, the Hague Judgments Convention 2019 (Hague 2019) enters into force across the UK for proceedings commencing on or after that date.1 This is a major development in the cross-border enforcement landscape, supporting the recognition and enforcement of English court judgments across a growing