On 30 April 2026, the Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026 (made on 29 April 2026) were published on legislation.gov.uk with an explanatory memorandum.
This instrument restates in legislation certain definitions, such as CRR firm, investment firm and financial institution that are currently defined in the UK Capital Requirements Regulation
On 30 April 2026, the Financial Conduct Authority (FCA) announced that, from 11 May 2026, cryptoasset firms preparing for the new regulatory regime will be able to request a pre-application meeting with the FCA through its Pre-Application Support Service (PASS). The FCA also published a new webpage setting out what firms need
On 30 April 2026, the Financial Conduct Authority (FCA) published Policy Statement 26/7: Progressing Fund Tokenisation (PS26/7).
Background
The FCA committed to progressing a roadmap for digital assets starting in asset management in its January 2025 letter to the Prime Minister, and its Strategy 2025-2030.
As a result, in Consultation
On 30 April 2026, the European Securities and Markets Authority (ESMA) issued a public statement on transitional provisions under the Benchmarks Regulation (BMR) review.
The public statement sets out a BMR review timeline and then a table which includes information in relation to the applications for recognition and endorsement by third
On 30 April 2026, the European Securities and Markets Authority (ESMA) announced the launch of its sixth stress test exercise for central counterparties (CCPs). The CCP stress test framework drafted by ESMA for the purpose of this exercise is supported by an adverse market scenario provided by the European Systemic Risk
On 30 April 2026, the European Securities and Markets Authority (ESMA) published a Call for Evidence on the market structure of European equity markets.
ESMA’s paper has been published to provide stakeholders with an objective description of the European stock market trading landscape, based on Markets in Financial Instruments Regulation transaction data available
On 17 April 2026, the European Securities and Markets Authority (ESMA) issued a statement to clarify supervisory expectations regarding the end of the transitional period(s) under the Markets in Crypto-Assets Regulation (MiCA).
The MiCA transitional period will officially expire across the EU on 1 July 2026. After this date, any entity
On 29 April 2026, the European Banking Authority (EBA) issued a Final Report on guidelines on supervisory independence under the Capital Requirements Directive (CRD) IV.
Background
Directive (EU) 2024/1619 (CRD VI) amends the CRD IV as regards supervisory powers, sanctions, third country branches, and environmental, social and governance risks. It extends
On 29 April 2026, the European Securities and Markets Authority (ESMA) issued a consultation on draft guidelines on endorsement under the ESG Ratings Regulation.
The purpose of the draft guidelines is to ensure that ESG rating providers understand ESMA’s expectations in respect of the application of Article 11(1) of the ESG Ratings Regulation.
On 29 April 2026, the European Banking Authority (EBA) published its Decision to partially delete sections of its guidelines on connected clients.
Since the EBA guidelines on connected clients were issued, Commission Delegated Regulation (EU) 2024/1728 has been adopted which now regulates certain of the matters covered in the guidelines. In particular, the