On 30 June 2025, the HM Treasury (HMT) announced that the Government will publish proposed draft legislation to support the FCA’s new ‘targeted support’ regime. This regime forms part of the government’s workplace pension roadmap and other complementary measures to address the challenges faced by pension savers. The FCA’s ‘targeted support’ regime enables
On 30 June 2025, the Financial Conduct Authority (FCA) published Consultation Paper 25/17 (CP25/17), setting out detailed rules for a new regulated proposition for targeted support in pensions and retail investments.
Targeted support
In CP25/17 the FCA is proposing a new form of support – targeted support – in pensions and
On 25 June 2025, the Council of the EU published the text of its first reading position on the proposed Better Data Sharing Regulation.
On 27 June 2025, the Council published an IA item note which stated that on 24 March 2025, the European Parliament’s Committee on Economic and Monetary Affairs had confirmed the provisional
On 26 June 2025, the European Parliament and Council reached a provisional agreement to update the existing alternative dispute resolution (ADR) framework. The most recent legislation for ADR consumer disputes was adopted by the European Commission (Commission) on 17 October 2023, amending Directive 2013/11/EU and the Online Dispute Resolution (ODR
On 27 June 2025, the Bank of England (BoE) published its latest annual report on the Prescribed Persons (Reports on Disclosures of Information) Regulations 2017.
The BoE, including the Prudential Regulation Authority (PRA) as one of its constituent parts, are both Prescribed Persons as defined under the Public Interest Disclosures (Prescribed
On 27 June 2025, the European Supervisory Authorities (ESAs) launched a public consultation on their draft joint guidelines for Environmental, Social and Governance (ESG) stress testing as mandated by the Solvency II Directive (Solvency II) and the Capital Requirements Directive IV (CRD IV).
Background
Article 100(4) CRD
On 30 June 2025, the European Securities and Markets Authority (ESMA) issued a Final Report following a Common Supervisory Action (CSA) with Member State competent authorities (NCA) on the integration of sustainability risks and disclosures in the investment fund sector.
Background
The purpose of the CSA was to assess
On 30 June 2025, the European Banking Authority (EBA) published a Final Report containing technical advice on a possible Delegated Act on fees for the validation of pro forma models.
Background
Regulation (EU) 2024/2987 amending the European Market Infrastructure Regulation (EMIR) grants the EBA certain additional tasks on models used by
On 27 June 2025, the Financial Conduct Authority (FCA) published Handbook Notice No 131.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA ERPC and Board under their legislative and other statutory powers on 9 May 2025, 22 May 2025, 9 June 2025 and