Global Regulation Tomorrow

On 2 October 2026, the Financial Conduct Authority (FCA) published a consultation paper on preparing for the new transaction reporting regime (CP26/34).

Background

UK Markets in Financial Instruments Regulation (UK MiFIR) transaction reports are a key source of data for the FCA's market monitoring,

From 2029, guided retirement will shift more responsibility onto trustees and providers, requiring them to identify a suitable default pension benefit solution for members who do not actively choose how to take their benefits. Our briefing looks at how the new regime is expected to work, when it will apply

On 1 October 2026, Sasha Mills, Executive Director of Financial Market Infrastructure at the Bank of England (BoE), gave a speech setting out ways the BoE intends to continue to support responsible innovation.

Mills set out that the BoE considers that the debate on digital assets has moved

In the latest episode of our global podcast mini-series ‘Future of Payments’ we discuss recent developments in the United States covering five important topics:

• The use of AI in the payments space - 1min, 29 secs
• The ever-challenging patchwork of state licensing requirements - 10 mins, 42 secs
• The GENIUS

On 28–29 September 2026, the Basel Committee on Banking Supervision met to discuss a range of analytical, supervisory and regulatory initiatives.

During the meeting members exchanged views on developments in artificial intelligence and its implications for the Committee’s future work programme. The Basel Committee also approved the annual assessment exercise

On 1 October 2026, the Anti-Money Laundering Authority (AMLA) issued a Final Report on draft Regulatory Technical Standards (RTS) on the respective duties of the home and host supervisors, and the modalities of cooperation between them under Article 46(4) of the Sixth Anti-Money Laundering Directive (

On 1 October 2026, the Anti-Money Laundering Authority (AMLA) issued the following:

• Final Report - Draft Regulatory Technical Standards (RTS) on Customer Due Diligence, Anti-Money Laundering Regulation (AMLR) 28(1).

• Article 28(1) AMLR mandates the AMLA to develop draft RTS specifying, among others, the

There is a lot happening in the DC pensions world at the moment. We have pulled the key developments together in our new DC round-up, covering the major defined contribution scheme reforms as well as the latest developments affecting master trusts, SIPPs and the wider market.

In September, the Law Commission (the Commission) presented its final report “Review of the Friendly Societies Acts 1974 and 1992” (the Report) and accompanying draft bill (the Bill) to parliament. The Report follows on from its consultation paper issued in March last year and contains its

On 30 September 2026, the European Securities and Markets Authority (ESMA) issued its response to the European Commission’s public consultation on the review of Markets in Crypto-Assets Regulation (MiCA).

ESMA argues that the revisited MiCA framework should bring clearer token classification, more effective supervision of cross-border

On 30 September 2026, the European Banking Authority (EBA) published its Work Programme outlining the key areas of focus and deliverables for 2027.

The EBA’s areas of focus for 2027 include finalising the implementation of the 2024 “banking package”, implementing the new payment services framework, supporting crisis

On 30 September 2026, the Bank of England (BoE) published a new ‘Insights’ webpage from David Bailey covering frontier AI and the question of governance.

Mr Bailey explains that frontier AI matters to the BoE as it has important implications for financial stability. Most immediately, it materially increases

On 30 September 2026, the Prudential Regulation Authority (PRA) published a letter that it had sent to chief financial officers of selected PRA-regulated deposit-takers providing thematic feedback from the PRA’s review of written auditor reports received in 2026 covering IFRS 9 expected credit loss accounting (ECL)

On 30 September 2026, the Bank of England (BoE) published a Record of the Financial Policy Committee (FPC) meeting on 25 September 2026.

Headline judgements and policy actions from the meeting include:

• The likelihood that interconnected vulnerabilities in the financial system crystallise has risen since

On 30 September 2026, the Financial Conduct Authority (FCA) published Finalised Guidance 26/10: Non-Handbook guidance on CRYPTPRU 7: Overall risk assessment for CRYPTOPRU firms (FG26/10).

Background

In June 2026, the FCA consulted on the proposed Non-Handbook Guidance (NHG) to help cryptoasset firms complete the

On 30 September 2026, the Financial Conduct Authority (FCA) published Finalised Guidance 26/9: Non-Handbook guidance on COREPRU 7: Overall risk assessment (FG26/9).

Background

In June 2026, the FCA consulted on the proposed Non-Handbook Guidance (NHG) on COREPRU 7: Overall risk assessment which sets out

On 30 September 2026, the Financial Conduct Authority (FCA) published Policy Statement 26/19: Aligning listed issuers’ sustainability disclosures with international standards (P626/19).

Background

On 30 January 2026, the FCA published a consultation paper setting out proposals to evolve its rules in relation to listed companies’ sustainability

In our latest briefing note, we look at investigations and enforcement developments over the last quarter, including discussion of: (i) the failure to prevent fraud offence one year on; (ii) the expansion of corporate criminal liability under the Crime and Policing Act 2026; (iii) Serious Fraud Office and Financial

On 30 September 2026, the Dutch Authority for Financial Markets (Autoriteit Financiële Markten, AFM) published a consultation on model portfolios for self-directed investing (execution only). The consultation addresses model portfolios as an innovative investment concept, including automatic rebalancing and risk reduction functionalities. Investment firms that offer such model

On 18 September 2026, the European Banking Authority (EBA) published its Final Report on guidelines on the sound management of third-party risk regarding non-ICT services. The Final Report sets out the EBA's response to feedback on its earlier consultation, together with the final text of the guidelines. The