On 9 July 2026, the Financial Conduct Authority (FCA) published an explanatory statement under Article 28a(9) of the UK Markets in Financial Instruments Regulation (UK MiFIR) relating to the FCA direction on the derivatives trading obligation (UK DTO).
Background
On 31 December 2024, the FCA issued a new direction
The FCA has published a major package of finalised rules, guidance and consultations establishing the UK’s new crypto assets regulatory regime, effective from 25 October 2027, with firms needing to prepare authorisation or variation of permission applications from September this year.
In this latest video Hannah Meakin and Haney Saadah outline a six-point plan for
On 10 July 2026, the Financial Conduct Authority (FCA) published findings of its review into firms’ approaches to products and services.
Background
The FCA explains that the Consumer Duty (the Duty) sets a higher standard for retail consumer protection and that, to support firms in meeting the requirements of the Duty, the FCA are
On 10 July 2026, HM Treasury (HMT) announced that four major global cloud services and technology providers will be designated as Critical Third Parties (CTPs) from 13 July 2026.
The Critical Third Parties (Designation) Regulations 2026 have also been made which designate the four entities as CTPs.
The CTPs regime was
On 7 July 2026, the Financial Conduct Authority (FCA) published the second edition of its enforcement newsletter – Enforcement Watch 2 – in which it covers its recent approach to supervising and enforcing the Consumer Duty (the Duty).
The FCA introduced the Enforcement Watch newsletters in light of a suggestion made in
From 29 June 2026, organisations can be held liable in the UK where a senior manager commits an offence while acting within the actual or apparent scope of their authority. This represents a significant expansion of corporate criminal liability in the UK, building on the regime introduced by the Economic Crime and Corporate Transparency Act
On 9 July 2026, the House of Lords Financial Services Regulation Committee (the Committee) published correspondence from the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) providing a one-year update in relation to the FCA’s and PRA’s secondary competitiveness and growth objective.
The FCA highlighted the following it
Our podcast mini-series on ‘Crypto under the FCA’ examines the FCA’s highly anticipated policy statements published on 30 June 2026, which collectively shape the new regulatory regime for cryptoassets in the United Kingdom. This first podcast in the series focuses specifically on the regulatory aspects governing cryptoasset trading.
Listen to this episode here.
On 8 July 2026, the European Securities and Markets Authority (ESMA) issued a Final Report on the regulatory technical standards (RTS) concerning the central counterparties’ (CCPs) admission criteria elements, following the review of the European Market Infrastructure Regulation (EMIR 3).
Background
Under Article 37(7) of EMIR (as