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Navigating the IPO
Taking your company public is an important milestone, and whilst the landscape for IPOs is complex and dynamic, choosing the right path is essential.
Regulations implementing long-term pension fund clearing exemption come into force
United Kingdom | Publication | July 2025
The Pension Fund Clearing Obligation Exemption (Amendment) Regulations 2025 were made on June 10, 2025, and came into effect the following day.
The amending Regulations ensured that the pension fund clearing exemption on over-the-counter derivatives, central counterparties and trade repositories (UK EMIR) did not expire on June 18, 2025, as previously scheduled. The Regulations also remove any further time limit on the exemption.
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REMA Summer Update: ‘no’ to zonal pricing, ‘yes’ to reformed national pricing
On 10 July 2025, the UK government published its Review of Electricity Market Arrangements (REMA) Summer Update, which sets out the long-awaited outcome of the REMA programme and next steps towards a decarbonised, affordable, secure and efficient electricity market.
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