Global Regulation Tomorrow

On 16 October 2026, the Basel Committee on Banking Supervision (Basel Committee) published final amendments to address window dressing in the global systemically important bank (G-SIB) framework and a consultation on the G-SIB methodology review. The final amendments follow a consultative document that the Basel Committee issued in

On 16 October 2026, the European Securities and Markets Authority (ESMA) published a Final Report setting out revised guidelines under the Central Securities Depositories Regulation (CSDR) on standardised procedures and messaging protocols used between investment firms and their professional clients.

Background

Article 6(2) of the CSDR

On 16 October 2026, the European Securities and Markets Authority (ESMA) issued a Final Report setting out revised Market Abuse Regulation (MAR) guidelines on the delay in the disclosure of inside information.

Background

The Final Report follows a consultation that ESMA issued on the guidelines in

Our podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on July 14, 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers.

Dive into the series below:

• UK Asset Management Framework Reforms

• Investor disclosures

On 16 October 2026, the Financial Conduct Authority (FCA) published a feedback statement on expanding consumer access to investments (FS26/3).

Background

The FCA sets out that FS26/3 summarises the responses it received to its Discussion Paper (DP25/3) published in December 2025 and how and

On 15 October 2026, the Payment Systems Regulator (PSR) published a consultation paper (CP) on the regulatory framework for access to payment systems.

Background

HM Treasury (HMT) plans to repeal the payment system access regime in the Payment Services Regulations 2017 (PSRs 2017

On 15 October 2026, the Digital Regulation Cooperation Forum (DRCF) issued a call for input on its workplan for 2027 to 2028.

The DRCF comprises of four UK regulators – the Competition and Markets Authority, the Office of Communications, Information Commissioner’s Office and Financial Conduct Authority – which

On 15 October 2026, the Financial Stability Board (FSB) published a final report setting out 12 sound practices to facilitate responsible artificial intelligence (AI) adoption by financial institutions. The final report includes case studies illustrating the benefits that financial institutions have reported and how some sound

On 15 October 2026, the European Securities and Markets Authority (ESMA) updated its manual on pre-trade and post-trade transparency under MiFID II/MiFIR.

The updated manual provides further guidance on the identification of over-the-counter (OTC) derivatives subject to transparency requirements, clarifies how the identifying reference data

On 15 October 2026, the Financial Conduct Authority (FCA) published a new webpage setting out good practices and areas where contracts for difference (CFD) firms could do more to meet their Consumer Duty price and fair value obligations.

Background

In November 2025, the FCA published its

On 15 October 2026, the Bank of England (BoE) published a consultation paper (CP) seeking views on its proposals for updated rules that would permit central counterparties (CCPs) to accept uncollateralised letters of credit (LOCs) as collateral as well as the risk

This week saw two significant developments in the UK's economic crime enforcement landscape, both aimed at increasing the flow of intelligence to the Serious Fraud Office (SFO) and strengthening its ability to detect and prosecute corporate wrongdoing.

1. Open consultation on whistleblowing

The consultation, opened on 12 October 2026,

On 13 October, the Independent Football Regulator (IFR) published its draft State of the game (the Report). Describing itself as “the most comprehensive financial analysis of the English football industry ever undertaken”, the central message of the Report is clear: English club football can be both “

On 14 October 2026, the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) issued a final report that provides supplemental guidance for financial market infrastructures (FMIs) and relevant authorities on certain principles and key considerations relating to

On 14 October 2026, the Financial Stability Board (FSB) issued a consultation report on regulatory and supervisory modernisation principles.

The consultation report responds to a request from the G20 Presidency and is informed by a stocktake of modernisation efforts already underway or completed by FSB members and a

On 14 October 2026, the Financial Stability Board (FSB) issued its 2026 report to the G20 covering its implementation monitoring work.

Background

In 2025, the G20 Presidency asked the FSB to review how it promotes and monitors implementation of G20 financial sector reforms. To undertake this work, the

The following have been published in the Official Journal of the EU (OJ):

• Commission Delegated Regulation (EU) 2026/1519 of 6 July 2026 amending the regulatory technical standards (RTS) laid down in Commission Delegated Regulation (EU) 2017/392 as regards the information a Central Securities Depository (CSD

On 14 October 2026, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) issued Policy Statement 19/26 26/20: High loan to income lending (PS19/26).

Background

On 1 April 2026, the PRA and FCA jointly published a Consultation Paper on high loan to income

On 14 October 2026, the Financial Conduct Authority (FCA) published Market Watch 86.

In this Market Watch, the FCA shares its observations from recent supervisory visits to UK retail brokerage firms. The FCA reviewed the systems, controls and governance arrangements firms use to identify and report potential

On 13 October 2026, the Joint Committee of the European Supervisory Authorities published its Annual Work Programme for 2027, setting out its priorities for addressing cross-sectoral risks and strengthening coordination across the European Union's financial sector. Key priorities include digital operational resilience, technological innovation, sustainable finance, securitisation and cross-sectoral