Financial Services & Policy

On 7 April 2026, the Dutch Minister of Finance submitted a further report regarding the proposed amendment to the Dutch Financial Supervision Act (Wet op het financieel toezicht, AFS) implementing the amended Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR).

The Dutch

On 1 April 2026, an inauspicious date given the gravity of the subject matter, the Australian Parliament passed the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Act 2026 (the Act). The Act received Royal Assent on 8 April 2026. The amendments to the Insurance Contracts Act 1984 (Cth) (

On 7 April 2026, the AFM published its analysis on the use of AI in the Dutch asset management-sector. The AFM defines the following parties as asset managers: investment firms, fund managers, depositaries, proprietary traders and trading platforms.

The AFM states that the deployment of advanced/self-learning algorithms and other AI applications by asset managers is

On 1 April 2026, the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 (the Bill) passed both the House of Representatives and the Senate.

As previously mentioned, the Bill is wide ranging and includes measures in Schedule 1 that amends the Insurance Contracts Act 1984 (Cth) to

On 31 March 2026, the Prudential Regulation Authority issued Policy Statement 8/26: Financial Services Compensation Scheme – Management Expenses Levy Limit (MELL) 2026/27 (PS8/26).

In PS8/26 the PRA provides feedback to responses it received to Consultation Paper 1/26 – Financial Services Compensation Scheme – Management Expenses Levy Limit 2026/27 (CP1/26). It

On 27 March 2026, the Financial Conduct Authority (FCA) and Information Commissioners Office (ICO) issued a statement designed to help firms understand and apply the FCA’s expectations for delivering good outcomes for retail consumers in vulnerable circumstances, in line with the Consumer Duty, while also maintaining confidence in the lawful, fair

On 20 March 2026, the Financial Conduct Authority (FCA) published the terms of reference for its market study into later life mortgages.

Background

The FCA explained that it’s launching a market study to examine whether change is needed to enable the lifetime and retirement interest only mortgage sector to meet consumers’ changing needs.

On 18 March 2026, HM Treasury (HMT) issued its response to its earlier Call for Evidence on the merits of and considerations for changing the credit union common bond requirement for membership in Great Britain, under the Credit Unions Act 1979.

HMT states that the government intends to bring forward changes to the