On 29 June 2026, the European Banking Authority (EBA) issued its 2025 report on supervisory convergence.
The EBA is required to publish a report each year on the degree of convergence of the supervisory review processes pursuant to Article 107(2) of the Capital Requirements Directive IV.
The report focuses on the
On 25 June 2026, there was published The Financial Services and Markets Act 2023 (Commencement No. 15 and Saving and Transitional Provisions) Regulations 2026.
These Regulations are the 13th commencement regulations made under the Financial Services and Markets Act 2023 (FSMA 2023).
Section 1(1) of FSMA 2023 revokes the legislation listed in
On 24 June 2026, the Financial Conduct Authority (FCA) updated its webpage setting out information for motor finance firms.
The FCA highlighted that it is aware that there is some uncertainty around requirements under the scheme while legal proceedings are ongoing.
The FCA have made clear in this update that firms should continue
On 17 June 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) published its Supervisory Review & Evaluation Process (SREP) market overview 2025. The SREP is a periodic survey that investment firms are required to complete, of which the results are used by the AFM to develop
On 18 June 2026, the Financial Conduct Authority (FCA) provided an update to its webpage in relation to establishing a bond consolidated tape.
Background
The FCA is establishing a consolidated tape (CT) for bonds to collate market data with the aim of providing a comprehensive picture of bond transactions, in order
On 18 June 2026, the Financial Services Regulation Committee (the Committee), a House of Lords Select Committee, published a letter to Lord Stockwood, Minister for Investment, about the Financial Services and Markets Bill.
The letter outlines the Committee’s concerns with clause 17 of the Bill, which removes the requirement that the Prudential Regulation Authority
On 12 June 2026, the Dutch Central Bank (De Nederlandsche Bank, DNB) issued a news update on the fixed overhead requirement (FOR) for investment firms. Based on research conducted by DNB, it finds that in practice, a number of deductible items of the FOR are incorrectly applied across the sector.
On 9 June 2026, the Australia Securities and Investments Commission (ASIC) updated Regulatory Guide 234 Advertising financial products and services (including credit) (RG 234) following a consultation.
RG 234 is for entities including promoters of financial products, financial services, credit products and credit services, and publishers of advertising for these
On 10 June 2026, the Financial Stability Board (FSB) published a consultation report on sound practices for responsible adoption of artificial intelligence (AI).
In the consultation report the FSB identifies certain sound practices to help all types of financial institutions navigate the benefits and risks as they adopt AI. The 12
On 10 June 2026, the Financial Conduct Authority (FCA) issued its first Emerging Technology Horizon Scan 2026.
The document sets out three plausible ways emerging technologies could combine to create new outcomes for consumers, firms and markets. It also highlights early signals of new risks these technologies may enable.
Key trends
According