On 26 November 2025, the Single Resolution Board (SRB) published its Work Programme for 2026.
Next year the SRM will continue to build on the Single Resolution Mechanism Vision 2028 strategy which will include the further operationalisation of tools and applying revised methodologies such as the revamped resolvability assessment and dry runs
On 26 November 2025, the Financial Conduct Authority (FCA) published its findings on the data quality of prudential regulatory reporting of MIFIDPRU investment firms. The findings include good practice and areas for improvement.
Background
The FCA introduced the Investment Firms Prudential Regime to streamline and simplify prudential requirements for investment firms. In 2023
On 26 November 2025, the Federal Parliament introduced the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 (the Bill). Among other things, the Bill is aimed at supporting the participation of foreign financial services providers (FFSPs) in Australia.
General licensing requirement
A person who carries on
On 25 November 2025, the Bank of England issued a press release welcoming the Financial Conduct Authority’s (FCA) recognition of the 2024 versions of the FX Global Code and the UK Money Markets Code. The FCA initially recognised both codes in 2019 and later recognised revised versions in 2021.
In the latest episode of our Global Regulation Tomorrow Plus podcast series, Hannah Meakin and Simon Lovegrove discuss the two papers that the Bank of England has recently issued on sterling‑denominated systemic stablecoins – a consultation paper on the “Regulatory Framework for Sterling Systemic Stablecoins” and a financial stability paper on “The role of holding
On 25 November 2025, the Bank of England issued a press release welcoming the Financial Conduct Authority’s (FCA) recognition of the 2024 versions of the FX Global Code and the UK Money Markets Code. The FCA initially recognised both codes in 2019 and later recognised revised versions in 2021.
On 21 November 2025, the Financial Conduct Authority (FCA) published Consultation Paper 25/33: Regulatory fees and levies: Policy proposals for 2026/27 (CP25/33).
In CP25/33, the FCA sets out its proposed policy changes to the way it will raise FCA fees from 2026/27, as well as some adjustments to the rules affecting
On 21 November 2025, the European Banking Authority (EBA) issued a factsheet on the AI Act and its implications for the EU banking and payments sector.
The factsheet notes that there are not significant contradictions between the EU’s AI Act, which entered into force in August 2024, and EU banking and payments legislation.
The Financial Conduct Authority (FCA) has introduced a new “Enforcement Investigations” page on its website providing a centralised list of investigations that the regulator has chosen to announce publicly. The list can be accessed via the FCA’s ‘News’ webpage by selecting the new filter “Enforcement investigations” (see here). For key takeaways for
On 24 November 2025, the European Commission adopted a Commission Delegated Regulation amending Delegated Regulation (EU) 2017/567 as regards the determination of what constitutes a liquid market for equity instruments, the obligation to provide market data on a reasonable commercial basis, the size specific to the instrument for the purposes of obligations for systematic internalisers