Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and US financial services regulation.
Key Developments in September 2026:
United Kingdom
General Financial Services – Cross Sector
25 September – FCA Handbook: The
On October 7, 2026, the Wage and Hour Division (WHD) of the U.S. Department of Labor (DOL) published a notice withdrawing its July 2025 proposal to strip nine parts of longstanding Fair Labor Standards Act (FLSA) interpretive guidance out of
Fall has arrived, and Sacramento once again has supplied California employers with something scarier than Halloween ghouls: another round of workplace legislation. This year’s harvest includes restrictions on artificial intelligence, expanded leave rights, and steeper penalties. There is even a
October 2026
Background
The convergence of insurance and private capital is no longer an emerging theme.
In the US, the ‘Apollo playbook’ has become a blueprint for large-scale insurance-sector investment, whilst the UK bulk purchase annuity (BPA) market is being
UPDATE: On October 6, 2026, as expected, Residential Assistants United Rising withdrew its petition to represent RAs at Stanford University, rather than risk Columbia being overturned or limited in scope.
* * *
A university may be gearing up to
In one of its first major decisions under its new Republican majority, the National Labor Relations Board (“NLRB” or “Board”) has again rejected “setting-specific standards” for analyzing when offensive employee conduct loses the protection of the National Labor Relations Act
Last month, the Treasury Department and the IRS issued proposed regulations that provide guidance on the nondiscrimination testing rules for dependent care assistance programs (DCAPs) under Section 129 of the Internal Revenue Code (the “Code”).
In a welcome and long-awaited
For a brief moment, noncompete law was headed toward a single national rule. Then the Federal Trade Commission’s (FTC) rule was set aside, the agency abandoned its appeals, and the map splintered. While the federal rule is gone, the policy
In our Q1 2026 update, we reported on the Trump Administration’s new fraud-enforcement initiatives — the creation of the FCA Working Group, the National Fraud Enforcement Division, and the White House Task Force on fraud reduction — and the
