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Sunday, November 23, 2025
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In the Pipeline - September 2025 - Travers Smith

by Travers Smith
Tue, Sep 9, 2025 05:45 ET
in Press Release

    • Under the proposals, non-financial misconduct will be incorporated into the FCA's Conduct Rules with effect from 1 September 2026. The FCA is currently consulting on draft guidance on how firms should treat non-financial misconduct, including in relation to fitness and propriety assessments for certified staff. This consultation closes on 10 September 2025. Our briefing sets out more detail on the proposals and what they mean for employers.
    • The Employment Rights Bill will introduce various measures to increase trade union recognition, including:
    • Under the Employment Rights Bill, the collective redundancy rules will change so that the consultation obligations apply where either there are 20 or more redundancies at one site or there are redundancies across more than one site above a certain threshold. This threshold, which could be a specific number or a percentage of the workforce, will be set out in regulations. This change is expected to take effect during 2027.
    • Under the Employment Rights Bill, the ability to use "fire and rehire" to change terms fairly will be restricted to situations in which the employer is in serious financial difficulties and has no alternative but to change terms of employment. The current Code of Practice will continue to apply until the new rules come into effect, which is expected to be in October 2026, at which time the Code will be revised.
    • Employees currently need to have two years' service to qualify for unfair...


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