United States

3 July – 3 August 2026

Introduction

ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.

Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.

There is

The CFTC has eliminated Part 20 large trader reporting requirements for physical commodity swaps, ending daily and event-based reporting obligations for clearing organizations, clearing members, and swap dealers. The change reflects the maturity of the CFTC’s swap data reporting framework, while recordkeeping and special-call requirements remain in place.

Read our full update here.

On 21 July 2026, the Financial Action Task Force (FATF) issued a targeted report on the regulatory challenges from decentralised finance (DeFi).

Background

In 2019, the FATF updated Recommendation15 and extended the application of the FATF Standards to virtual assets (VAs) and virtual asset service providers (VASPs).

3 May – 3 June 2026

Introduction

ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.

Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.

There is

In this latest edition of Regulation Around the World, we focus on the global transformation of the settlement of securities transactions, as many jurisdictions begin to shift from a standard settlement timeline of two business days after trade to just one. In this issue, we examine these developments, exploring the regulatory frameworks, cross-border challenges and technological

3 April – 3 May 2026

Introduction

ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.

Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.

There is

We invite you to join a training session on key legal and regulatory issues for firms seeking to trade on prediction markets. The session will provide an overview of recent developments relevant to market intermediaries and end users. Topics will include Commodity Futures Trading Commission (CFTC) guidance and enforcement actions, industry comments on the CFTC’s

On 6 May 2026, the Financial Stability Board (FSB) issued a report on vulnerabilities in private credit.

The report forms part of the FSB’s work programme to enhance resilience in non-bank financial intermediation.

Private credit activity has grown rapidly, to an estimated $1.5 to 2.0 trillion in assets at end-2024 and is heavily

On 6 May 2026, the Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a consultation on proposed amendments to (i) the Resilience of central counterparties (CCPs): Further guidance on the Principles for financial market infrastructures (PFMI) (CCP resilience

Since the outbreak of hostilities in Iran and the surrounding region on February 28, 2026, the conflict has introduced notable volatility into global energy markets. Crude oil and refined product prices have experienced sharp dislocations, natural gas benchmarks have come under pressure and physical supply chains across the region and beyond have faced material disruption.