Financial Services & Policy

On 21 October 2026, the European Parliament and the Council announced that they had reached agreement on the main parts of the review of the EU securitisation framework. The agreed compromise is a key step in the legislative process, which started with a European Commission (Commission) proposal in June 2025.

Background

The current…

Following the adoption of the negotiating position of the Council, the legislative review of the Market Integration and Supervision Package (MISP) is progressing in the European Parliament as well. The European Parliament Economic and Monetary Affairs (ECON) Committee is currently reviewing the European Commission’s proposals. Following the publication of proposed amendments…

Prediction markets continue to attract significant global attention. As trading volumes in prediction markets continue to grow, a number of regulatory questions are being raised across jurisdictions. In the UK, the Financial Conduct Authority and the UK Gambling Commission have provided some clarity on their respective positions on prediction markets in the UK. In our…

On 14 October 2026, the Financial Stability Board (FSB) issued a consultation report on regulatory and supervisory modernisation principles.

The consultation report responds to a request from the G20 Presidency and is informed by a stocktake of modernisation efforts already underway or completed by FSB members and a symposium hosted by the FSB…

On 13 October 2026, the Joint Committee of the European Supervisory Authorities published its Annual Work Programme for 2027, setting out its priorities for addressing cross-sectoral risks and strengthening coordination across the European Union’s financial sector. Key priorities include digital operational resilience, technological innovation, sustainable finance, securitisation and cross-sectoral risk monitoring. Consumer protection will…

On 9 October 2026, the Economic and Financial Affairs (ECOFIN) Council agreed on the key elements of the Market Integration and Supervision (MISP) package. The adoption of the negotiating position follows nine months of negotiations between Member States on possible amendments to the MISP legislative package, which was published by the European Commission…

In September, the Law Commission (the Commission) presented its final report “Review of the Friendly Societies Acts 1974 and 1992” (the Report) and accompanying draft bill (the Bill) to parliament. The Report follows on from its consultation paper issued in March last year and contains its recommendations to simplify and modernise…

On 30 September 2026, the European Banking Authority (EBA) published its Work Programme outlining the key areas of focus and deliverables for 2027.

The EBA’s areas of focus for 2027 include finalising the implementation of the 2024 “banking package”, implementing the new payment services framework, supporting crisis management and  deposit insurance reforms…

On 30 September 2026, the Dutch Authority for Financial Markets (Autoriteit Financiële Markten, AFM) published a consultation on model portfolios for self-directed investing (execution only). The consultation addresses model portfolios as an innovative investment concept, including automatic rebalancing and risk reduction functionalities. Investment firms that offer such model portfolios set up several standard…