UK REIT Horizon Scanner - Q1 2023

Taylor Wessing takes its latest quarterly look at legal and regulatory issues on the horizon for UK listed REITs including:

• the proposed "Edinburgh Reforms", which comprise reforms to the prospectus and public offers regime as well as improvements to the tax rules for UK REITs
• the Pre-Emption Group's revised Statement of Principles
• an update on Financial Services and Markets Bill 2022/23
• the review of UK PRIIPs regime
• the Levelling Up and Regeneration Bill and the proposal for a new Building Safety Levy
• the FCA consultation on sustainability disclosure requirements and investment labels
• an update on the UK green taxonomy and climate transition plans
• the FCA review on approaches to diversity and inclusion in financial services and EU sustainability directives which may impact non-EU entities.

UK REIT Horizon Scanner - Q1 2023