On 27 March 2026, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2026/722 of 26 March 2026 amending the implementing technical standards laid down in Implementing Regulation (EU) 2024/3172 as regards the implementation and use by institutions, other than small and non-complex institutions, of the European
Joint FCA and ICO statement on regulatory expectations regarding firms’ approaches to vulnerability related data
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…
Official translations of ESMA’s guidelines on stress test scenarios under the MMF Regulation
By Claire Guilbert & Simon Lovegrove (UK) on
On 26 March 2026, the European Securities and Markets Authority (ESMA) published the official translations of its updated guidelines on stress test scenarios under the Money Market Funds Regulation (MMF Regulation).
The purpose of the guidelines is to ensure common, uniform and consistent application of the provisions in Article 28 of…
FCA annual work programme 2026/27
- Being a smarter, more efficient and effective regulator.
- Supporting growth, helping consumers and fighting financial crime.
- Consultation on
FCA CP26/11: Regulated fees and levies – rates proposals for 2026/27
On 26 March 2026, the Financial Conduct Authority (FCA) published Consultation Paper 26/11: FCA regulated fees and levies: rates proposals for 2026/27 (CP26/11).
Background
The FCA is funded by fees and levies from the firms it regulates. CP26/11 consults on rules that would enable the FCA to raise regulatory fees and…
Draft Money Laundering and Terrorist Financing (Amendment) Regulations 2026
On 26 March 2026, a draft of the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 was published along with a draft explanatory memorandum.
Overview
This draft statutory instrument (SI) implements the Government’s response to HM Treasury’s 2024 consultation on improving the effectiveness of the Money Laundering, Terrorist Financing and Transfer of…
PSR annual work programme 2026/27
- Delivering the National Payments Vision: Supporting the design and build of the future infrastructure, recognising the anticipated
FCA webpage on Cryptoasset firms’ registration under the MLRs ahead of the new regime
On 26 March 2026, the Financial Conduct Authority (FCA) published a new webpage for firms considering applying for registration under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs) ahead of the start of the new regime for cryptoasset regulation. The FCA explained that…
MEPs approve CMDI package
On 26 March 2026, the European Parliament issued a press release stating that MEPs had approved the crisis management and deposit insurance (CMDI) package.
The package comprises three legislative files: the Bank Recovery and Resolution Directive (BRRD), the Single Resolution Mechanism Regulation (SRMR) and the Deposit Guarantee Schemes Directive…