Global
- N/A
EU
- 1 August 2024 –EU Artificial Intelligence Act comes into force on 1 August 2024.
UK
- 31 July 2024 – The Consumer Duty comes into effect for closed products and services on 31 July 2024.The first annual governing body report is also due by this date.
- 31 July 2024 – On 28 November 2023, the FCA published a package of measures setting out its final rules and guidance on Sustainability Disclosure Requirements and investment labels. Firms may start using investment labels with accompanying disclosures from 31 July 2024.
- 31 July 2024 – The final FCA rules and guidance to support the implementation of the Overseas Funds Regime will come into force on 31 July 2024.
- 1 August 2024 – On 29 February 2024, the Financial Services and Markets Act 2023 (Commencement No. 5) Regulations 2024 were made and published on legislation.gov.uk. This statutory instrument contains the fifth set of commencement regulations made under the Financial Services and Markets Act 2023 (FSMA 2023). Regulation 3 of the Regulations bring into force parts of section 51 and paragraph 1 of Schedule 7, on 1 August 2024. Section 51 of, and paragraph 1 of Schedule 7 to, FSMA 2023 amend the Financial Services (Banking Reform) Act 2013 to impose accountability requirements on the Payment Systems Regulator that are equivalent to some of those imposed on the FCA and the PRA.