In this final Policy & Technical Update for 2025, we cover the FCA’s consultation on modernising MiFID client categorisation, the FCA finalisation of rules for the CCI retail disclosure regime and the re-launch of the NSI Expert Panel. We also highlight the Government’s consultation on non-compete clauses in employment contracts, the launch of PERG’s annual reports disclosure and transparency under the Walker Guidelines, the launch of the new Sustainability Committee in 2026, the Invest in Women taskforce report and more.