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A new age dawns for consumer protection in the UK The Digital Markets, Competition and Consumers Act 2024 (DMCC Act) came into force on 6 April 2025, overhauling the UK’s consumer protection regime.  The CMA has heralded this as a “step-change in more direct, impactful consumer protection” as, for...
Future regulation of alternative fund managers: towards a more proportionate regime The UK’s asset management sector has been a core part of the City’s success; second only in size to the United States, it is able to draw from deep pools not only of capital but of talent. Alternative investment fund managers (“AIFMs”) have a prominent...
Getting ready for PISCES: A new liquidity mechanism for private companies
Employment Bulletin - April 2025 Topics covered in this bulletin: Employment Rights Bill: latest developments, New Employment Rates and Limits, Dismissal for failure to disclose previous misconduct dismissal on application form was reasonable, Consultation on mandatory ethnicity and...
The Lens Newsletter - April 2025 A selection of our latest blogs on all things digital from our experts and thought leaders here at Slaughter and May. Government publishes the 2025 Cyber Security Breaches Survey On 10 April 2025, the Government published its latest Cyber Security...
Competition and Regulatory Newsletter: European Commission and CMA issue fines in end-of-life vehicles recycling cartel settlements On 1 April 2025, the European Commission announced that it had fined multiple car manufacturers and a trade association around €458 million for participating in a 15-year long cartel concerning end-of-life vehicle recycling. On the same day, the UK...
Tax and the City Review - April 2025 In their latest Tax and the City article, Mike Lane and Zoe Andrews consider: The implications for the insurance industry of the FTT’s decision in Hastings that the UK legislation was ineffective to prevent “offshore looping” of insurance services at the...
Securing the future of AIM: London Stock Exchange seeks views Following the overhaul last year of the listing regime for Main Market companies, the London Stock Exchange has published a Discussion Paper on the future of AIM. In particular, it seeks views on how the overall market framework could be improved,...
Competition Appeal Tribunal rejects proposed claims in water collective proceedings On 7 March 2025, the Competition Appeal Tribunal (the “CAT”) delivered its judgment in respect of applications made by Professor Carolyn Roberts (the “PCR”) for collective proceedings orders (“CPOs”) in parallel proceedings brought against six water and...
Competition and Regulatory Newsletter: European Commission issues first non-compliance decisions under Digital Markets Act On 23 April 2025, the European Commission announced that it has fined Apple and Meta under the Digital Markets Act (DMA). Following a year-long investigation, the Commission has fined Apple €500 million for breaching the DMA’s anti-steering obligations,...