Day: 22 October 2026

The Employer’s Liability (Compulsory Insurance) (Amendment) Regulations (Northern Ireland) 2026 modify the existing 1999 Regulations to adjust which employers are exempt from mandatory employer liability insurance requirements in Northern Ireland. The regulations specify exemptions for certain public bodies and employers already covered by compulsory motor insurance schemes when employees are being transported. These changes add to the exemptions already established under the 1972 Employer’s Liability Order, affecting which organisations must maintain insurance against employee personal injury claims arising from work activities.

Source: legislation.gov.uk – Read the original

The UK is revoking the EU’s Capital Requirements Regulation and replacing it with a new domestic prudential framework through the Overseas Prudential Requirements Regime (Credit Institutions and Investment Firms) Regulations 2026. The revocation of specific articles from the Capital Requirements Regulation comes into force on 1 January 2027. This change grants the UK Treasury direct authority to assess whether third countries’ prudential and supervisory requirements for credit institutions and investment firms are equivalent to UK standards, rather than relying on EU-determined equivalence decisions.

Source: legislation.gov.uk – Read the original

The Over the Counter Derivatives (Intragroup Transactions) Regulations 2026 will establish a permanent UK framework for exemptions related to intragroup OTC derivatives transactions, replacing temporary provisions that were introduced following EU Exit. The regulations build on existing requirements under the EMIR Regulation, which mandates clearing of OTC derivatives through central counterparties and sets risk management standards for uncleared contracts. This change affects financial institutions and corporate entities that enter into derivative contracts with affiliated group members.

Source: legislation.gov.uk – Read the original

The Intimate Image Reports (Trusted Flagger) Regulations 2026 formally recognise South West Grid for Learning Trust as an authorised body to report intimate image content to internet service and access providers. The Trust will operate this function through its Revenge Porn Helpline, collecting reports from the public and forwarding them to providers to help assess whether content meets the legal definition of intimate image content under the Online Safety Act 2023.

Source: legislation.gov.uk – Read the original

The Office for National Statistics has published international trade in goods data for 2025 that allows users to analyse merchandise trade flows at a more granular level than previously available. The dataset provides commodity and country-level information disaggregated across UK areas smaller than ITL1 regions, enabling businesses and analysts to understand trade patterns at sub-regional level. This release supports compliance professionals and logistics operators in tracking regional trade movements and assessing local supply chain impacts.

Source: HMRC (GOV.UK) – Read the original

HMRC has released transparency data documenting all official meetings held between its staff and tobacco industry representatives during July to September 2026. The publication forms part of the department’s commitment to maintaining open records of stakeholder engagement across the sector. This disclosure allows visibility into interactions between regulatory officials and commercial interests during the specified quarter.

Source: HMRC (GOV.UK) – Read the original

Employers operating employment related securities schemes must inform HMRC once the scheme ceases operation. The notification process allows HMRC to update its records and close the scheme on the tax authority’s system. This applies to all employers currently running such schemes who intend to wind them down or terminate them.

Source: HMRC (GOV.UK) – Read the original

HMRC has published guidance highlighting frequent mistakes employers encounter when submitting PAYE Real Time Information returns, with the aim of helping businesses reduce compliance errors and prevent associated disputed charges. The resource outlines common pitfalls in RTI submission processes and provides practical information on how to complete returns correctly. By understanding these typical errors, employers can improve their filing accuracy and avoid potential penalties or disputes with the tax authority.

Source: HMRC (GOV.UK) – Read the original

HMRC has published the official customs office codes required for businesses submitting declarations through the Customs Declaration Service. The codes, listed in Appendix 14 of the guidance, enable traders to correctly identify the appropriate UK customs office for their import and export transactions. This reference material is essential for anyone filing customs declarations electronically to ensure submissions are routed to the correct processing location.

Source: HMRC (GOV.UK) – Read the original

HMRC has released guidance setting out the specific measurement unit codes required when submitting declarations to the Customs Declaration Service, specifically for Data Elements 2/3 and 4/4 as detailed in Appendix 20. This guidance provides traders and customs agents with the standardised codes they must use to correctly categorise and report goods quantities during the customs clearance process. The measurement unit codes ensure consistency and accuracy across all customs declarations submitted through the service.

Source: HMRC (GOV.UK) – Read the original