On 17 October 2025, Treasury issued the second edition of the Regulatory Initiatives Grid (RIG). The RIG is available in three formats: a comprehensive RIG Report, an interactive dashboard, and an Excel workbook.
As with the first edition, the second edition of the RIG outlines upcoming initiatives from financial agencies. However, in order to seek to further reduce the regulatory burden on firms, three core principles have been embedded into this new edition:
- Minimising overlap in significant consultations and non‑routine data collection activities.
- Sequencing and timing linked initiatives appropriately.
- Reducing duplication in data collection processes.
The RIG’s scope is limited to publicly communicated initiatives and activities that will materially affect the financial sector in the 24 months from the RIG’s publication date. The RIG includes initiatives publicised prior to 26 September 2025. Initiatives publicised after 26 September 2025 are not included in this edition. A table at the back of the RIG outlines changes to the initiative name or to milestones between edition 1 and this edition of the RIG.