On 13 January 2026, there was made The Financial Services and Markets Act 2023 (Commencement No. 12 and Saving Provisions) Regulations 2026.

These Regulations are the 12th commencement regulations made under the Financial Services and Markets Act 2023 (FSMA 2023).

Section 1(1) of FSMA 2023 revokes the legislation listed in Schedule 1 to that Act, which includes assimilated direct principal legislation, subordinate legislation and EU tertiary legislation.

Among other things the Regulations bring into force on:

  • 1 July 2026 section 1(1) of, and Schedule 1 to, FSMA 2023 so far as they relate to the revocation of some provisions of Commission Implementing Regulation (EU) 2016/1646 of 13 September 2016 laying down implementing technical standards with regard to main indices and recognised exchanges in accordance with the Capital Requirements Regulation (CRR).
  • 1 January 2027 section 1(1) of, and Schedule 1 to, FSMA 2023 so far as they relate to the revocation of provisions of the CRR and other instruments relating to the CRR.