On 26 October, the Financial Conduct Authority (FCA) published the results of its multi-firm review into how small-medium sized enterprises (SMEs) in the defence sector currently experience banking services and whether banks could improve their understanding and decision-making.
Background
The…
On 26 October 2026, the Bank of England (BoE) and Financial Conduct Authority (FCA) jointly published a report on artificial intelligence (AI) in UK finance services (the Report).
Background
The BoE and FCA conducted a fourth survey on AI and…
Introduction
On 22 October 2026, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published consultation papers[1] setting out their long-awaited Phase 2 proposals for reforming the Senior Managers and Certification Regime (SM&CR). Together, the proposals represent…
On 23 October 2026, the Council of the EU published its position at first reading (dated 21 October 2026) with a view to the adoption of the proposed Directive on payment services in the internal market amending Directive 98/26/EC and…
On 23 October 2026, the Financial Conduct Authority (FCA) published Handbook Notice 145.
This Handbook Notice describes the changes to the FCA Handbook and other material made by the FCA Board under their legislative and other statutory powers on…
On 23 October 2026, the Financial Conduct Authority (FCA) the findings from its multi-firm review of how firms identify, manage, mitigate and disclose conflicts of interest in private market assets.
Background
The FCA highlighted that this multi-firm review will be…
On 23 October 2026, there was published a statutory instrument (SI) The Over-the-Counter Derivatives (Intragroup Transactions) Regulations 2026 (the Regulations).
Background
The Regulations reform the UK framework for intragroup over-the-counter derivative transactions under the European Market Infrastructure Regulation (EMIR) as…
On 23 October 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2026/1763 of 13 July 2026 amending the regulatory technical standards (RTS) laid down in Delegated Regulations (EU) 2017/583 as regards transparency…
On 22 October 2026, the European Securities and Markets Authority (ESMA) announced that it had updated its Questions and Answers (Q&As) on market structure under the Markets in Financial Instruments Directive II, the Market Abuse Regulation and the Short Selling…
On 22 October 2026, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) issued consultation papers setting out proposed reforms to the Senior Managers and Certification Regime (SM&CR). The FCA published Consultation Paper 26/37: Senior Managers and Certification Regime…
