Spotlight

In the latest edition of our podcast series, Split the Difference, Hannah Meakin, Nikolai de Koning, Anna Carrier and Simon Lovegrove discuss upcoming changes to the EU Benchmarks Regulation and compare the UK and EU regimes.

Listen to the episode here.

The PRA’s recent Consultation Paper (CP10/25) on enhancing banks’ and insurers approaches to managing climate-related risks provides clearer guidance on the PRA’s expectations with regards to governance in this evolving area (with potential read-across for other types of risks and for a range of different firms). Set out below is a checklist of

On 29 April 2025, HM Treasury (HMT) published a draft statutory instrument (SI), the Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025, which sets out provisions to create a new regulatory regime for cryptoassets. An accompanying draft policy note has also been published.

Background

In this latest issue of Regulation Around the World we look at some of the key regulatory topics for 2025 in the following jurisdictions: United Kingdom, EU, France, Germany, Luxembourg, Netherlands, Italy, UAE, South Africa, Australia, Hong Kong, Singapore, Australia and China. We have not attempted to list every single reform expected this year but

The FCA is producing a lot of consultations at the moment and it is easy to miss the significance of some of them. However, CP 24/28 is an important one for all firms. We have done a blog on its main contents but I would flag some key points.

First, the new incident reporting obligations