UK:
The Edinburgh Reforms – Half-Year Review
10 July 2023
Herbert Smith Freehills
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Tracking the progress of the Edinburgh Reforms
In December 2022, the Chancellor of the Exchequer announced a series of financial services
proposals which became known as the Edinburgh Reforms. Together
with the Financial Services and Markets Act 2023, which
received royal assent on 29 June 2023, the Edinburgh Reform
proposals are intended to drive growth and competitiveness in the
financial services sector.
We have followed the progress of the Edinburgh Reforms proposals
closely since they were published. More than 6 months have now
passed and we have put together a tracker which sets out the
current status of each proposal as well as next steps. We aim to
update the tracker at regular intervals.
You can access the Edinburgh Reforms Tracker here. Our previous briefing and our series of
webcasts on the Edinburgh Reforms can be found here and here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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