On 12 May 2026, HM Treasury (HMT) published its response to its Regulatory Environment – Cross cutting Reforms consultation.
Summary
HMT sets out that overall respondents were broadly supportive of the government’s aims and proposed reforms, and agreed that the regulatory environment could be refined to better support growth and competitiveness and
On 29 April 2026, the Football Governance Act 2025 (Commencement No.3) Regulations 2026 (the Regulations) were made and published.
The Regulations brought into force specified provisions of the Football Governance Act 2025 (the Act) on 5 May 2026. They are the third set of commencement Regulations made under the Act.
Under the Regulations:
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 30 April 2026, the Australian Prudential Regulation Authority (APRA) finalised targeted amendments to prudential standard CPS 230 Operational Risk Management, prudential practice guide CPG 230, and the corresponding Material Service Provider (MSP) Register template.
Summary
The amendments follow an earlier consultation that APRA conducted in light of industry feedback which
On 30 April 2026, the European Securities and Markets Authority (ESMA) published a Call for Evidence on the market structure of European equity markets.
ESMA’s paper has been published to provide stakeholders with an objective description of the European stock market trading landscape, based on Markets in Financial Instruments Regulation transaction data available
On 29 April 2026, the Bank of England published an updated version of its Statement of Policy concerning its approach to cost benefit analysis when making rules for central counterparties and central securities depositories. The update takes into account feedback from the Cost Benefit Analysis (CBA) Panel. The Prudential Regulation Authority has also
On 28 April 2026, the Bank of England published a speech by Charlotte Gerken (Executive Director, UK Deposit Takers Supervision) entitled Maintaining momentum: progress in mutual supervision.
In this speech Charlotte Gerken discusses the Prudential Regulation Authority’s (PRA) regulatory and supervisory changes since 2025 and outlines next steps following the PRA and
The changes to SMCR published by the PRA and the FCA on 21 April have been welcomed by firms across sectors.
Many of the changes in this Phase 1 of reforms to SMCR took effect on 24 April, and – in very broad terms – afford firms more flexibility in some areas, relax some of