United Kingdom: Securities

Geopolitical disruption in the Strait of Hormuz is exposing critical vulnerabilities in the semiconductor supply chain through an emerging helium shortage. This analysis examines how maritime chokepoint risks transmit into sectors far removed from shipping, creating hidden dependencies across global manufacturing, capital markets...

On 18 May 2026, the Financial Conduct Authority (“FCA”) and the Bank of England (“BoE”), including the Prudential Regulation Authority (“PRA”), published a joint call for input (“Call for Input”)...

The English High Court has issued groundbreaking guidance on legal advice privilege, addressing whether internal communications within a corporate client group can be protected when created for the purpose of seeking legal advice.

Companies operating employee share plans and management incentive arrangements must prepare and submit annual returns to HMRC by 6 July 2026, with penalties starting at £100 for late filing.

The Financial Conduct Authority is consulting on significant changes to its rules governing analyst research during UK equity IPOs, potentially allowing connected research to be published much earlier in the process. Meanwhile, the Court of Appeal has clarified important principles around expert determinations, ruling that an expert's interpretation of an ambiguous mathematical formula was binding despite alternative readings being possible.

The Financial Conduct Authority and Bank of England have published a joint Call for Input seeking industry feedback on their proposed regulatory approach to tokenisation in UK wholesale markets.

The London Stock Exchange (LSE) has launched its Private Securities Market (PSM) – its PISCES platform – and published its Private Securities Market Rules (PSM Rules) and accompanying PSM Handbook via Market Notice N04/26.

This article explains the legal and commercial differences between debt and equity financing for business owners in the United Kingdom.

On 30 January 2026, the UK's Financial Conduct Authority ("FCA") launched a consultation on the introduction of mandatory sustainability reporting for listed companies, based on the yet-to-be-finalised UK Sustainability Reporting Standards ("UK SRS").