Active Public Policy

The Government have published the UK's Financial Services Growth & Competitive Strategy

The UK Government have published their Industrial Strategy for the next 10 years.

AREF has submitted a response to HM Treasury consultation on a UK Green Taxonomy. More details can be found here.

The Scottish Government have published a consultation on the interaction between investment funds (CoACS, RIFs and PAIFs) and LBTT.

Read more about the policy work being undertaken by governments, regulators & standard setting bodies in relation to sustainable finance and climate-related disclosures including UK consultations published in June 2025.

HM Treasury and the FCA are considering changes to the AIFM regime in the UK. Find out more about this here and view AREF's responses to their consultations.

The UK Government has published its final report on the first phase of the Pensions Investment Review and responses to two other related consultations. The Pension Schemes Bill is currently going through Parliament.

The Law Commission are reviewing Part 2 of the Landlord and Tenant Act 1954 with a view to modernise commercial leasehold legislation. They have issued an interim statement on their provisional conclusions.

The Financial Reporting Council have published the UK Stewardship Code 2026 and are consulting on guidance.

The European Commission have put out a call for evidence on SFDR.

The Government have responded to their consultation on the treatment of DB scheme surpluses and a model for a public sector consolidator.

The UK Government have published a policy paper on speeding up build out and alongside this they are consulting on measures to improve build out transparency and accountability.

IOSCO has published its final report on Revised Recommendations for Liquidity Risk Management for Collective Investment Schemes alongside its Implementation Guidance