February 2026

Background

On 29 January 2026, the FCA published its interim findings (MS24/1.4) on its market study into the distribution of pure protection products to individual retail customers (the Interim Report). The Interim Report focuses on issues identified across the following areas in respect of critical illness, term assurance, whole of life insurance

On 9 February 2026, the Anti-Money Laundering Authority (AMLA) published consultation papers on three draft Regulatory Technical Standards (RTS) in relation to customer due diligence rules, as part of developing harmonised standards for the financial and non-financial sector while ensuring consistent application and enforcement across the EU.

Summary

In relation to

On 9 February 2026, the European Banking Authority (EBA) launched a consultation on its Discussion Paper on the simplification and assessment of the credit risk framework.

Background

The EBA’s 2025 Report on the efficiency of the regulatory and supervisory framework introduced a set of principles aimed at enhancing simplicity and efficiency across the

On 6 February 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation 2026/305 of 29 October 2025 supplementing the European Market Infrastructure Regulation (EMIR) with regard to regulatory technical standards (RTS) specifying the operational conditions, the representativeness obligation and the reporting requirements related

On 4 February 2026, the Australian Securities and Investments Commission (ASIC) published a media release noting that it is urging superannuation trustees to strengthen their anti-scam and fraud practices following a review that exposed significant gaps in member communications.

ASIC’s findings

ASIC assessed scams and fraud-related website content across 47 superannuation funds and

On 4 February 2026, the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (SI 2026/102) (the Regulations) were published on legislation.gov.uk, together with an explanatory memorandum. The Regulations will establish a regulatory regime for cryptoasset activities under the Financial Services and Markets Act 2000 (FSMA).

Background

A draft of the regulations