October 2026

On 15 October 2026, the Payment Systems Regulator (PSR) published a consultation paper (CP) on the regulatory framework for access to payment systems.

Background

HM Treasury (HMT) plans to repeal the payment system access regime in the Payment Services Regulations 2017 (PSRs 2017), as set out in…

On 15 October 2026, the Digital Regulation Cooperation Forum (DRCF) issued a call for input on its workplan for 2027 to 2028.

The DRCF comprises of four UK regulators – the Competition and Markets Authority, the Office of Communications, Information Commissioner’s Office and Financial Conduct Authority – which seek to deliver a coherent…

On 15 October 2026, the Financial Stability Board (FSB) published a final report setting out 12 sound practices to facilitate responsible artificial intelligence (AI) adoption by financial institutions. The final report includes case studies illustrating the benefits that financial institutions have reported and how some sound practices have been applied proportionately.…

On 15 October 2026, the European Securities and Markets Authority (ESMA) updated its manual on pre-trade and post-trade transparency under MiFID II/MiFIR.

The updated manual provides further guidance on the identification of over-the-counter (OTC) derivatives subject to transparency requirements, clarifies how the identifying reference data for OTC derivatives should be…

On 15 October 2026, the Bank of England (BoE) published a consultation paper (CP) seeking views on its proposals for updated rules that would permit central counterparties (CCPs) to accept uncollateralised letters of credit (LOCs) as collateral as well as the risk mitigants that CCPs would be…

This week saw two significant developments in the UK’s economic crime enforcement landscape, both aimed at increasing the flow of intelligence to the Serious Fraud Office (SFO) and strengthening its ability to detect and prosecute corporate wrongdoing.

  1. Open consultation on whistleblowing

The consultation, opened on 12 October 2026, proposes the introduction of a…

On 13 October, the Independent Football Regulator (IFR) published its draft State of the game (the Report). Describing itself as “the most comprehensive financial analysis of the English football industry ever undertaken”, the central message of the Report is clear: English club football can be both “the richest, best and most…

On 14 October 2026, the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) issued a final report that provides supplemental guidance for financial market infrastructures (FMIs) and relevant authorities on certain principles and key considerations relating to FMIs’ management of general business…

On 14 October 2026, the Financial Stability Board (FSB) issued a consultation report on regulatory and supervisory modernisation principles.

The consultation report responds to a request from the G20 Presidency and is informed by a stocktake of modernisation efforts already underway or completed by FSB members and a symposium hosted by the FSB…