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