On 15 September 2026, the Financial Services and Markets Bill completed its first reading in the House of Commons. The date for second reading is yet to be announced. A copy of the Bill as brought from the Lords is also available.
financial services & policy
Financial Services Bill – Report Stage
On 8 September 2026, the UK Parliament reported that members of the House of Lords continued their further examination of the Financial Services and Markets Bill in report stage on Tuesday 8th and Wednesday 9th September 2026.
On day one of the report stage members put forward and discussed over 30 amendments to the bill.
CMA issues guidance on unfair contract terms
On 22 July 2026, the Competition and Markets Authority (CMA) issued new guidance on the unfair contract terms provisions in the Consumer Rights Act 2015 (the Act). The CMA has also issued a technical note supplementing the guidance and updated its webpage on writing a fair contract for customers.
The guidance explains…
ASIC and APRA update Statement of Intents


On 16 July 2026, the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) both published updated Statements of Intent outlining how they will achieve their objectives, carry out their responsibilities and exercise their powers. APRA’s Statement of Intent also reaffirms APRA’s commitment to being…
New briefing note: The EU’s approach to prediction markets and event contracts
In our latest briefing note, part of our ongoing series on prediction markets and event contracts, we explore the EU’s approach and consider the implications for market
ESMA updates Manual on pre-trade and post-trade transparency under MiFID II/MiFIR
On 12 May 2026, the European Securities and Markets Authority (ESMA) updated its Manual on pre-trade and post-trade transparency under MiFID II/MiFIR.
On pages 12 to 21 of the Manual ESMA sets out a table setting out the updates that it has made to the Manual.
The updates include a new paragraph…
FCA reviews whether investment firms are doing enough to support bereaved customers
On 13 May 2026, the Financial Conduct Authority (FCA) issued a press release announcing that it will review how consumer investment firms support bereaved customers.
Research prepared for the FCA reports that only 47% of bereaved customers felt they received the support needed from financial firms, and so has launched its review to…
The King’s Speech 2026 – financial services aspects
- Modernise consumer protections
ESMA publishes report on the retail investor journey
On 12 March 2026, the European Securities and Markets Authority (ESMA) published its report on the retail investor journey. The report follows an ESMA call for evidence (CfE) that sought to gather stakeholder input on key aspects of the investor experience, with a particular focus on the investor protection requirements…



