On 16 June 2026, HM Treasury published the Terms of Reference for the Wholesale Digital Markets Champion.
On 21 April 2026, the government appointed Chris Woolard CBE as the Wholesale Digital Markets Champion to provide market leadership and support industry progress on the development of a tokenised wholesale financial markets ecosystem, as well as to
On 16 June 2026, the European Banking Authority (EBA) published a report on simplifying the stacking orders of the EU prudential and resolution framework.
The report is part of the EBA’s simplification and efficiency programme and follows a report issued last October on the efficiency of the regulatory and supervisory framework.
The report
On 15 June 2026, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2026/1288 of 12 June 2026 on the stand-alone suspension of the trading obligation for derivatives in accordance with the Markets in Financial Instruments Regulation (MiFIR).
The Implementing Regulation is made under Article
On 15 June 2026, the Financial Conduct Authority (FCA) published a Consultation Paper (CP26/19) in relation to proposed changes to its Decision Procedure and Penalties Manual (DEPP).
Background
The DEPP sets out how the FCA makes enforcement decisions and calculates financial penalties, including a five-step process for calculating the
On June 12, 2026, the German regulator, the Federal Financial Supervisory Authority (BaFin), launched a consultation on the revision of its circular “Minimum Requirements for Risk Management of Capital Investment Companies (KAMaRisk).”
The revision of the KAMaRisk is driven, among other things, by the Fund Risk Limitation Act (Fondsrisikobegrenzungsgesetz – FRiG). The FRiG implements
On 4 June 2026, the Australian Prudential Regulation Authority (APRA) published a letter that responds to submissions to its consultation on a new pathway to internal ratings-based (IRB) accreditation.
APRA has also published the final revised Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk (APS 113
On 10 June 2026, the Australian Securities and Investments Commission (ASIC) issued Report 831 ‘Delivering on death benefits: Have super trustees stepped up?’ (REP 831).
Background
In November 2024, ASIC made a commitment to check in on the progress all superannuation trustees were making in improving their death benefit claims handling
On 9 June 2026, the Australia Securities and Investments Commission (ASIC) updated Regulatory Guide 234 Advertising financial products and services (including credit) (RG 234) following a consultation.
RG 234 is for entities including promoters of financial products, financial services, credit products and credit services, and publishers of advertising for these