Banking

SRB consults on operational guidance on liquidity and funding in resolutionGovernment response – Access to finance policy: commercial credit data sharing and bank referralsStrengthening the macroprudential lens in the regulation of NBFI

Benchmarks

ESMA statement on transitional provisions under the BMR reviewPublished in OJ - Commission Implementing Regulation (EU) 2026/905 of 24 April 2026 supplementing BMR by establishing a list of spot foreign exchange benchmarks exempt from its applicationPublished in OJ – Delegated Act updating Delegated Regulation (EU) 2022/805 as regards ESMA’s fees for supervising benchmark administrators

Capital & Liquidity

EBA amends Guidelines on the definition of defaultEBA consults on amendments to the RTS on the assignment of risk weights to specialised lending exposuresEBA Final Report on guidelines on supervisory independence of competent authorities under CRD IV

Clearing and settlement

CPMI-IOSCO consult on updated guidance and public disclosures to implement initial margin proposalsCommission Delegated Regulation supplementing EMIR by specifying the method for the determination of fees charged by the EBA for the validation of the pro forma modelsESMA announces sixth stress test exercise for CCPs

Consumer & Retail Finance

FCA update on legal challenges to motor finance compensation schemeFCA launches review of claims management practicesJoint regulatory taskforce to tackle poor practice in motor finance claims

Cybersecurity

DNB update on reporting of major ICT-related incidents under DORAUse of AI by asset managersECB paper - Adopting TIBER-EU will help fulfil DORA requirements

Digital Finance, DLT and Fintech

Deadline looms for digital asset businesses to apply for a licenceAPRA calls for a step-change in AI-related risk management and governanceFCA announces that Cryptoasset firms can request pre-application meetings from 11 May 2026 and publishes new webpage on preparing for the new regime

Enforcement & Investigations

New Notice in a Nutshell briefing: FCA prohibits chief executive of online trading firm from working in financial services due to lack of honesty and integrityNew UK law makes companies liable for criminal acts of senior managers: four key implicationsNew Notice in a Nutshell briefing: PRA fines U K Insurance Limited £10,625,000 in connection with solvency reporting

ESG & Sustainable finance

ESMA presents the results of the CSA on MiFID II sustainability aspectsSFDR 2 – Draft ECON reportESMA consults on guidelines on endorsement under the ESG Ratings Regulation

Financial Crime & Sanctions

Market Watch 85AMLA consults on group-wide requirements and business-wide risk assessmentOFSI Strategy: 2026 – 2029

Financial Services & Policy

EU Institutions agree Roadmap to achieve “One Europe, one Market” by end of 2027Update on implementation MiFID II reviewProtecting genetic information is no joke - Australian Parliament bans use of genetic test results in life insurance

Funds & Asset Management

New Commission FAQs on MMFs’ minimum liquidity levels and on how liquidity buffers may be usedESMA issues results of CSA on the compliance and internal audit functions of fund managersESMA consults on a new simplified approach to updating MMF stress test parameters

Governance & Compliance

Use of AI by asset managersRefreshed Foreign Financial Service Provider regimeAFM & DNB update on simplified fine procedure

Insurance

PRA CP8/26: Funded reinsuranceProtecting genetic information is no joke - Australian Parliament bans use of genetic test results in life insuranceAPRA issues Insurance Climate Vulnerability Assessment

International Regulators

Refreshed Foreign Financial Service Provider regimeAFM publishes supervisory agenda for 2026Draft implementation decree on financial services contracts concluded at a distance published for consultation

Market Conduct

Ofgem - Publication of inside information under REMIT Article 4: use of thresholds and related practicesESMA consults on MAR guidelines on delay in the disclosure of inside informationESMA report on STORs

Market Infrastructure, Commodities & Derivatives

Ofgem’s “Transformation”: Key takeaways from the DESNZ announcementLegal implications of the Iran conflict for energy and commodity tradersUpdate on implementation MiFID II review

money laundering

AMLA consults on draft RTS for home-host supervisory cooperation

Payments & Open Finance

FCA updates guidance on its role under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011Council issues ‘I’ Item Note on PSD3HMT consultation response in relation to proposals for a streamlined approach to payment systems regulation

Regulatory Updates

The Football Governance Act 2025 (Commencement No. 3) Regulations 2026FSB warns on private credit vulnerabilitiesAPRA finalises targeted amendments to CPS 230 Operational Risk Management

Sanctions

Spotlight on Sanctions

Securities & Capital Markets

FCA statement on notifications relating to admissions to trading and recent changes to the UK Listing RulesEuropean Commission’s evaluation and potential review of the Shareholder Rights DirectiveCommission consults on draft Delegated Regulation amending Delegated Regulation (EU) 2019/980 on the reduced content and the standardised format of two EU short-form prospectuses

Seminars, webinars and podcasts

Podcast | Let’s talk asset management: Episode 22 – Unpacking the FCA's Wholesale Buy Side Regulatory Priorities 2026Podcast | Global Regulation Tomorrow Plus: Geopolitics 1Podcast | Global Regulation Tomorrow Plus: HM Treasury’s consultation on Appointed Representatives

Spotlight

Prediction markets in the spotlight: Key legal issues in the UAELegal implications of the Iran conflict for energy and commodity tradersPodcast | Let’s talk asset management: Episode 23 – FCA authorisation under the microscope: What the FCA expects from asset management applicants

Superannuation & Pensions

APRA finalises amendments to the capital treatment for longevity productsSuperannuation advertising ban – Draft regulationsPayday Super Readiness

Uncategorized

FCA CP26/13: Cryptoasset Perimeter GuidanceThe Financial Services (Designated Consumer Body and Designated Representative Body) Order 2026 No. 124IA-IMAS report on tokenised asset markets in the UK and Singapore