UK govt eyes competition, financial sector, regulatory reforms in list of new laws
( May 13, 2026, 11:57 GMT | Official Statement) -- MLex Summary: The UK government announced a raft of new legislation on Wednesday, revealing plans for 37 bills in the coming session of Parliament, many to help boost economic growth. They include a Competition Reform Bill, partly aimed at speeding up antitrust probes; an Enhancing Financial Services Bill that will reform the Financial Ombudsman Service, dismantle the Payment Systems Regulator and lighten the burden of the senior managers accountability regime; a Regulating for Growth Bill that will strengthen regulators' duty to promote growth and expand "sandbox" powers to help companies test new products; a Courts Modernisation Bill, including allowing judge-only trials for complex cases and lengthy fraud cases; and a Cyber Security and Resilience Bill extending the remit of current regulations. Statement is attached....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.