- Delegated Regulation supplementing the Market Abuse Regulation (596/2014) (MAR): this delegated regulation relates to disclosures and amends the MAR disclosure regime by excluding intermediate steps in protracted processes from the disclosure obligation and by clarifies the conditions under which disclosure may
2026
FCA publishes findings in relation to firms’ customer due diligence processes and controls
- Policies and procedures: Good practice
EIOPA publishes technical specification for small and non-complex undertakings and groups criteria under Solvency II
On 7 April 2026, the European Insurance and Occupational Pensions Authority (EIOPA) published a report containing the technical specification for the calculation of criteria for small and non-complex undertakings (SNCUs) and groups (SNCGs).
Background
The Solvency II Directive (2009/138/EC), as amended by the Solvency II Amending Directive ((EU) 2025/2)…
EBA consults on revised Guidelines on limits on exposures to shadow banking entities under the Capital Requirements Regulation
On 9 April, the European Banking Authority (EBA) published a consultation on revised Guidelines on limits on exposures to shadow banking entities carrying out banking activities outside a regulated framework. The EBA explained that the revised Guidelines aim to align with the updated EU large-exposure reporting framework and to support sound risk management…
Refreshed Foreign Financial Service Provider regime
- For over a decade, Foreign Financial Service Providers (FFSP) who do not hold an Australian financial services (AFS) licence have operated in Australia relying on a series of exemptions, most notably Class Order relief and Limited Connection relief arrangements.
- These exemptions were intended as a temporary measure, while market participants awaited the passage of a
Podcast | Split the Difference: Episode 19 – Prediction Markets and Event Contracts
In the latest edition of our podcast series, Split the Difference, Mark Highman, Stephan Ariyan, Hannah Meakin and Simon Lovegrove compare the US and UK regulatory approaches to Prediction Markets and Events Contracts.
Listen to this episode here.
Parliament passes new statutory licensing exemptions for Foreign Financial Service Providers
On 1 April 2026, the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 (the Bill) passed both the House of Representatives and the Senate.
As previously mentioned, the Bill is wide ranging and includes measures in Schedule 1 that amends the Insurance Contracts Act 1984 (Cth) to…
FCA and BoE seek members for their Transaction and Post-trade Reporting Taskforce
On 2nd April 2026, the Financial Conduct Authority (FCA) and Bank of England (BoE) (the Regulators) invited expressions of interest from market participants to join a new taskforce in relation to transaction and post-trade reporting.
Summary
The Regulators explained that the purpose of this taskforce is to inform the…
In a nutshell – New termination provisions for PSR contracts
In our latest briefing, we consider the key takeaways for firms under the Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations, which will amend the Payment Account Regulations 2015 and provide greater protection for users of payment services against the termination of those services without sufficient notice or protection. The Regulations will…
Temporary Appointments and ODSE amendments
On 17 March 2026, the Independent Football Regulator (IFR) issued a consultation (CP1/26) on certain amendments to the Owners, Directors and Senior Executives (ODSE) regime.
Background
The Football Governance Act 2025 (the Act) establishes both the IFR and the ODSE regime. The ODSE regime has applied to incumbent owners, and…