On 30 November 2023, the FCA published the latest edition of the Regulatory Initiatives Grid from the Financial Services Regulatory Initiatives Forum. The Forum is made up of representatives of the Bank of England, the Competition and Markets Authority, the FCA, the Financial Reporting Council, HM Treasury, the Information Commissioner’s Office, the Payment Systems Regulator, the Prudential Regulation Authority and the Pensions Regulator.

The Grid sets out the regulatory pipeline, so that the financial services industry and other stakeholders can understand, and plan for, the timing of the initiatives that may have a significant operational impact on them. It is generally published twice a year and is intended to help manage the operational impact on firms of implementing initiatives from the Forum’s members, as well as helping firms and other stakeholders plan for forthcoming initiatives. The Grid provides detail on the timing of initiatives over a 24-month horizon and highlights key examples of closely interconnected initiatives to help stakeholders easily identify them.

The foreword to the Grid notes that it and subsequent editions will provide further detail on timelines arising from initiatives being taken forward as a result of the Financial Services and Markets Act 2023.