On 12 October 2026, the Financial Conduct Authority (FCA) published its multi-firm review of governance arrangements at benchmark administrators.
Background
The FCA sets out that the review forms the final stage of supervisory work arising from risks identified in the…
The Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB) issued a report on tokenisation of securities in the Netherlands. While European and Dutch law do not prohibit the use…
From 2030, master trusts and group personal pensions will generally need a main scale default arrangement holding at least £25 billion in assets under management to continue receiving automatic enrolment contributions. Our briefing explains how the new scale requirements are…
Our podcast mini-series on ‘Crypto under the FCA’ examines the FCA’s highly anticipated policy statements published on June 30, 2026, which collectively shape the new regulatory regime for cryptoassets in the United Kingdom. In this episode we unpack the authorisation process…
On 9 October 2026, the Economic and Financial Affairs (ECOFIN) Council agreed on the key elements of the Market Integration and Supervision (MISP) package. The adoption of the negotiating position follows nine months of negotiations between Member States on possible…
On 8 October 2026, the Financial Conduct Authority (FCA) published a blog on how strong compliance functions can support trusted corporate finance markets, this follows on from a survey the FCA had conducted, which it considers found encouraging practice across…
On 8 October 2026, the Financial Conduct Authority (FCA) published a consultation paper in relation to fair redemption terms for authorised funds investing in illiquid assets (CP26/35).
Background
The FCA sets out that it has worked with the International Organization…
On 30 September 2026, the Australian Prudential Regulation Authority (APRA) issued a consultation paper and draft Prudential Standard SPS 530 Investment Governance for consultation.
Background
The policy reform in the consultation paper is the next phase of APRA’s multi-year…
On 30 September 2026, the Australian Securities and Investments Commission (ASIC) issued ASIC Corporations (Managed Discretionary Account Services) Instrument 2026/720 which replaces ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968.
ASIC Instrument 2026/720 does not substantively change the terms of…
On 7 October 2026, the European Securities and Markets Authority (ESMA) issued a Public Statement regarding an extended transitional period for third-country central securities depositories (CSDs).
Background
CSDs established in a country outside of the European Union (third country CSDs)…
