The FCA and HM Treasury are consulting on detailed reforms to the UK regulatory framework for fund managers.
By Becky Critchley, Nicola Higgs, James McCrory, Rob Moulton, Clare Scott, and Charlotte Collins
On 14 July
The proposed changes to the carbon pricing policy intend to balance industrial competitiveness with climate goals.
By Michael D. Green and James Bee
On 17 July 2026, the European Commission (Commission) presented its review of the EU Emissions Trading System
The proposal would establish an opt-out model in which e-delivery is presumed unless a recipient affirmatively elects to receive paper.
By Michele M. Anderson, Alexander F. Cohen, Paul M. Dudek, and Joel H. Trotter
On July 16,
The FCA is proposing to replace the existing Remuneration Codes for AIFMs, MiFID investment firms, and UCITS management companies with a single consolidated Code.
By Becky Critchley, Nicola Higgs, Rob Moulton, and Charlotte Collins
Key Points:
As AI reshapes financial services at speed, firms must embrace innovation while finding a route through shifting and uncertain regulatory expectations.
By Becky Critchley, Calum Docherty, Nicola Higgs, Rob Moulton, Charlotte Collins, and Amy Smyth
The FCA and PRA share details on their annual progress across capital reform, compliance costs, authorisations, supervision, and innovation support in financial services.
By Becky Critchley, Nicola Higgs, and Rob Moulton
On 9 July 2026, the House of
Crypto custody services under the microscope: EU regulators turn their attention to compliance with digital operational resilience rules.
By Stuart Davis, Gabriel Lakeman, and Alain Traill
On 8 July 2026, the European Securities and Markets Authority (ESMA) announced
DEMAT’s implementation plan to withdraw paper share certificates in 2027 is a key step in the UK government’s programme to digitise share ownership.
By Mark Austin CBE, Anna Ngo, and Johannes Poon
Key Points:
ESMA’s statement reinforces that existing EU Member State product intervention measures on binary options apply to event contracts which constitute financial instruments.
By Gabriel Lakeman, José María Alonso, Axel Schiemann, Thomas Vogel, and Paloma Arizon
Key Points:
The guide enables side-by-side comparison of critical equity derivatives issues across key jurisdictions.
The past several years have emphasized the growing importance of strategic equity solutions as part of corporate finance advisory services for both listed issuers
