In December, the FCA brought out its findings on best execution in UK listed cash equities in relation to wholesale banks. In recent months, we have become used to these multi firm reviews which conceal considerable informal guidance which the FCA is indicating is good or bad practice. So, in that context, I wanted to
Jonathan Herbst (UK)
Regulation Around the World – Issue 17: 2026 Global Horizon Scanning
In this latest issue of Regulation Around the World, we look at some of the key regulatory developments that institutions operating in financial services should anticipate in 2026. The jurisdictions covered by this update include the United Kingdom, EU, France, Germany, Luxembourg, Netherlands, Italy, Türkiye, United States, UAE, Australia and China.
Read the full update
Global Regulation Tomorrow Plus: UK cryptoasset regulation mini-series – Episode 8 – market abuse regime for Cryptoassets
In the latest episode of our mini-series looking at the UK’s approach to regulating cryptoassets, we discuss the proposed market abuse regime for cryptoassets as set out in the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2025 and the Financial Conduct Authority’s recent consultation paper on this topic (CP25/41).
Listen to this episode here
What’s next for 2026? New briefing note – Horizon scanning: UK regulatory topics to look out for in 2026
Looking ahead into the new year, our latest briefing note looks at key regulatory topics for 2026 that will have a significant impact on institutions operating in the UK financial services space. This includes not every single reform but those that we expect to be the most significant as well as key regulatory enforcement developments.
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 6 January 2026 although if there are any significant developments we will endeavour to provide an update.
New briefing note- Horizon scanning: UK regulatory topics to look out for in 2026
In our latest briefing note, we look at key regulatory topics for 2026 that will have a significant impact on institutions operating in the UK financial services space. We have not attempted to list every single reform expected next year but rather pick out those with the potential to be most significant, as well…
New briefing note – The Berne Financial Services Agreement: A New Era for UK-Swiss Market Access
The Berne Financial Services Agreement (the BFSA) provides an institutional framework for cooperation and development of the UK’s financial services relationship with Switzerland. The foundation of the agreement is a shared commitment to openness and commercial competition; regulatory and supervisory cooperation; and well-regulated markets. The BFSA is designed to complement the upcoming UK-Swiss Free…
Global Regulation Tomorrow Plus: UK cryptoasset regulation mini-series – Episode 4 – prudential requirements
In the fourth episode of our new mini-series covering UK cryptoasset regulation, Jonathan Herbst, Hannah Meakin and Charlotte Carnegie discuss the FCA’s proposed prudential requirements.
Listen to our podcast here.
Global Regulation Tomorrow Plus: Mansion House and Leeds Reforms mini-series – Markets, banking and digital
In the latest episode of our mini-series on the Chancellor’s Mansion House speech and Leeds Reforms, Jonathan Herbst, Hannah Meakin and Simon Lovegrove explore the papers that impact markets followed by banking, and digital innovation.
Listen to this episode here.
Global Regulation Tomorrow Plus: UK cryptoasset regulation mini-series – Episode 3 – Custody
In the third episode of our new mini-series covering UK cryptoasset regulation Jonathan Herbst, Hannah Meakin and Simon Lovegrove discuss custody.
Listen to the episode here.