UK Knowledge Collection | Regulatory Outlook, biodiversity net gain, and public procurement
Published on 28th Jul 2023
Welcome to this week's Knowledge Collection
Our Regulatory Outlook looks ahead at developments affecting business, including the Economic Crime and Corporate Transparency Bill, new consumer protection measures, and the impact of the EU-US Data Privacy Framework adequacy decision.
This autumn we will be running a series of webinars on (what will be) the new Procurement Act, including: how supplier performance will be monitored (and what happens if performance is not up to scratch), transparency, and bringing procurement challenges.
New compliance obligations for developers and landholders with respect to biodiversity net gain requirements are to come into force later this year, and will have a significant impact on projects.
In the financial services sector, the Payment Systems Regulator is taking further action against authorised push payment fraud, with a new reimbursement requirement to be imposed next year.
And employers need to be aware of how new legislation enhancing the right to request flexible working will affect their policies and procedures.
Insights
Regulatory Outlook
This month we suggest some practical actions for businesses, in respect of a variety of compliance areas, including cyber security, advertising and consumer law.
UK Employment Law Coffee Break
This week's update for employers includes a look at new legislation on flexible working and a spotlight on pensions.
How to assess the impact of biodiversity net gain requirements on development projects in England
It has been estimated by the Taskforce for Nature-related Financial Disclosures that more than half of the world's economic output is moderately or highly reliant on nature. In England, biodiversity net gain is one of the measures being introduced to mitigate nature loss.
UK boosts consumer protection against authorised push payment fraud
Authorised push payment fraud is a significant issue for the financial services industry, and the Payment Systems Regulator has set out its new approach to tackle the rising challenge.
How has the UK National Security and Investment Act shaped up 18 months on?
The Cabinet Office's second annual report on the National Security and Investment Act 2021 gives insight into the practical impact of the legislation on UK M&A and on the Investment Security Unit's approach.
Events
Procurement Act 2023 webinar series
KPIs, exclusion and debarment
12 September | 09:00-10:00
The new Procurement Act includes new rules around monitoring supplier performance in public contracts, and how and when suppliers could be excluded from bidding for public contracts, including ending up on a centrally managed debarment list.
A new age of transparency in public procurement
20 September | 09:00-09:45
The Procurement Act requires authorities to publish information during a procurement process and beyond. What notices can suppliers can expect to see?
The future of procurement challenges and remedies
4 October | 09:00-09:45
What is the scale of the changes introduced by the Procurement Act and what are the implications for suppliers considering bringing a procurement challenge?
