United Kingdom

The Bank Resolution (Recapitalisation) Act 2025 has been published on legislation.gov.uk together.

The Act seeks to enhance the UK’s regime for managing bank failures, termed resolution. Specifically, it would introduce a mechanism which would allow the Bank of England—the UK’s resolution authority—to recover the costs associated with recapitalising failing small banks through a levy on

On 15 May 2025, the Cross Market Operational Resilience Group’s (CMORG) Artificial Intelligence (AI) Taskforce published an AI Baseline Guidance Review.

The CMORG AI Taskforce was established in 2024 as a joint initiative of the CIO Forum and Cyber Coordination Group, to address concerns relating to sector-level risk introduced by

On 13 May 2025, the Financial Services and Markets Act 2023 (Commencement No. 9) Regulations 2025 (the Regulations) were made and published on legislation.gov.uk.

The Regulations are the ninth commencement Regulations made under the Financial Services and Markets Act 2023 (FSMA 2023).

The explanatory note to the Regulations provides further information on