The top 3 stories from today's briefing, narrated as a short audio episode.
Sign up free to listen. The briefing notes below are free to read.
Briefing Notes
Regulation
PRA and FCA propose a new UK captive insurance regulatory framework, aiming to establish London as a competitive onshore domicile by summer 2027
Carving captives out of Solvency UK could shift billions of corporate risk financing onshore to London.
M&A
UK M&A value is on track to break the annual record as corporate buyers dominate the largest deals, sidelining PE sponsors
Corporate buyers' balance-sheet advantage is locking PE out of the UK's biggest deals.
International
UK and EU sign treaty lifting Gibraltar border controls and resolving the post-Brexit hard-border question for the territory
Gibraltar's bespoke treaty fills a Brexit gap that left 15,000 daily border crossers in legal limbo for years.
Disputes
Connecticut's appellate and supreme courts publish new generative AI rules imposing immediate sanction liability on filers for AI-generated errors
Explicit court sanction rules for AI errors transfer hallucination risk directly onto the signing lawyer's professional indemnity.
AI & Law
Law firms are racing to adopt AI but clients across Asia's legal market are still waiting to see tangible value delivered
Clients are beginning to ask whether law firm AI investment reduces their bills or just the firm's costs.
Banking & Finance
Freshfields London partner departs to co-head European financial services and funds regulatory practice at Simpson Thacher
US firms are outbidding Magic Circle lockstep to capture the EU regulatory expertise that post-Brexit divergence has made indispensable.
Energy & Tech
Good Energy signs its largest ever power purchase agreement with Orsted, covering 400 GWh of offshore wind electricity over two years
PPA markets are maturing fast as offshore wind operators diversify revenue beyond government CfD contracts.