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The English High Court has delivered its long-awaited judgment in Getty Images v. Stability AI. It has been very closely followed across the legal, creative and AI sectors alike, with the decision widely expected to shed light on how UK IP law applies to the rapidly evolving field of generative AI.

The federal government’s 43‑day shutdown — which ended with a late‑evening November 12 funding bill and next‑day return to duty for furloughed staff — imposed a near‑total pause on the Commodity Futures Trading Commission’s (CFTC or Commission) routine functions. During the lapse, the CFTC ceased the vast majority of its operations, including most enforcement activities, market surveillance outside of essential risk monitoring, rulemaking and the production of core market reports, such as the Commitments of Traders (COT) and select swaps data.

The International Tax Compliance (Amendment) Regulations 2025 (2025 Regulations) introduce a mandatory HM Revenue & Customs (HMRC) registration requirement for UK investment managers and other financial institutions under the Common Reporting Standard (CRS). All UK investment managers must register with HMRC by 31 December 2025, even if they have no reportable "financial accounts."

The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is reshaping UK company administration. Aimed at preventing the misuse of UK corporate structures, improving the reliability of the public register and tackling economic crime, ECCTA strengthens Companies House's gatekeeper role and introduces mandatory identity verification for those who form, control and file for UK entities.

The Trump administration, including the Securities and Exchange Commission (SEC) leadership, has ushered in a push to "democratize" access to alternative investments.