On 13 January 2026, the Financial Conduct Authority and Prudential Regulation Authority issued a joint consultation paper (PRA CP1/26, FCA CP26/2) setting out the proposal for the Management Expenses Levy Limit (MELL) for the Financial Services Compensation Scheme (FSCS) for 2026/27. The MELL covers the FSCS’ costs of operating the UK’s…

Different regulators are approaching artificial intelligence (AI) in different ways. The Financial Conduct Authority (FCA) has concluded that its existing rules and guidance provide a sufficient framework for managing risk and therefore is not planning to introduce new regulations specific to AI at present. It also believes this is the best…

On 12 January 2026, the International Regulatory Strategy Group (IRSG) published a report mapping how jurisdictions are approaching artificial intelligence (AI) in financial services. The report identifies where global coherence is emerging and outlining practical steps for policymakers and regulators to promote the safe and responsible innovation of AI.

Key findings…

On 12 January 2026, the Financial Conduct Authority (FCA) published a new webpage, outlining its findings in relation to its assessment of how firms of different sizes and business models evaluate complex exchange traded products (ETPs), communicate key risks and monitor outcomes under the Consumer Duty.

Background

In July 2025…

Today, 12 January, 2026 may be one of the most important dates for firms in the retail investment market this year.

Following changes introduced in PS 25/13 – tucked away amongst other reforms to the MiFID Org Reg – the FCA has made a fundamental shift in retail disclosure through relatively minor changes to the…

On 8 January 2026, the Financial Conduct Authority (FCA) published webpages setting out further information in relation to its proposed approach to the new regulatory regime for Cryptoassets.

Background

In October 2023, HM Treasury (HMT) published proposals for the creation of a regulatory regime for cryptoassets and, in December 2025, the government…

On 9 January 2026, the European Banking Authority (EBA) issued a report on the completeness and appropriateness of the definitions and provisions on consolidation under Article 18(10) of the Capital Requirements Regulation (CRR).

The EBA states that the report is the first comprehensive assessment of the EU regulatory framework on prudential…

On 9 January 2026, the European Banking Authority (EBA) issued a report on prudential consolidation and the final guidelines on ancillary services undertakings (ASU) under the Capital Requirements Regulation (CRR).

The EBA has prepared the report in accordance with the mandate given to it under Article 18(10) of the…

On 9 January 2026, the European Banking Authority (EBA) issued a final report containing final draft Regulatory Technical Standards (RTS) specifying the booking arrangements that third-country branches are to apply for the purposes of Article 48h of the Capital Requirements Directive IV (CRD IV), as amended by the Capital…