On 13 October 2026, the Joint Committee of the European Supervisory Authorities published its Annual Work Programme for 2027, setting out its priorities for addressing cross-sectoral risks and strengthening coordination across the European Union’s financial sector. Key priorities include
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Draft SI: The Financial Services and Markets Act 2023 (Addition of Relevant Enactments) Regulations 2026
On 13 October 2026, there were published a draft of The Financial Services and Markets Act 2023 (Addition of Relevant Enactments) Regulations 2026, with an explanatory memorandum.
Background
HM Treasury (HMT) sets out in its explanatory memorandum that…
Basel Committee finds Australia, Japan, Korea, Switzerland compliant, and Canada, United Kingdom largely compliant with its leverage ratio framework
On 13 October 2026, the Basel Committee on Banking Supervision (Basel Committee) published assessment reports on the implementation of its leverage ratio framework in Australia, Canada, Japan, Korea, Switzerland and the United Kingdom. The assessments form part of the Basel…
Financial Services Regulatory ESG updater
3 September – 3 October 2026
Introduction
ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.
Financial services regulators also view ESG as a priority, embedding the principles…
FSB Chair sets out FSB work on AI and stablecoins
On 12 October 2026, the Financial Stability Board (FSB) published a letter from its Chair, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors, ahead of their meeting on 15 October.
Background
The letter highlights risks to the global…
FSB peer review report – Thematic review on public sector backstop funding mechanisms
On 9 October 2026, the Financial Stability Board (FSB) issued a peer review report on its thematic review on public sector backstop funding (PBF) mechanisms.
Background
The FSB adopted the Key Attributes of Effective Resolution Regimes for Financial Institutions (KAs)…
ESMA issues two new thematic notes on sustainability-related claims
On 12 October 2026, the European Securities and Markets Authority (ESMA) issued two additional thematic notes on sustainability-related claims. The additional notes cover impact claims and climate transition claims.
Background
The thematic notes do not create new regulatory requirements…
EBA Final Report – Draft RTS on amending 2017/390 supplementing CSDR on prudential requirements for CSDs and designated credit institutions offering banking-type ancillary services
On 9 October 2026, the European Banking Authority (EBA) issued a Final Report on draft regulatory technical standards (RTS) on amending Commission Delegated Regulation (EU) 2017/390 supplementing the Central Securities Depositories Regulation (CSDR) on prudential requirements for central securities depositories…
ESMA Call for Evidence – CCP collateral tokenisation
On 9 October 2026, the European Securities and Markets Authority (ESMA) issued a Call for Evidence on central counterparty (CCP) collateral tokenisation.
Background
The Call for Evidence seeks to gather evidence on the legal, market, operational and infrastructure issues raised…
Three-column table on SFDR 2.0
On 12 October 2026, the Council of the EU issued a note setting out the opening positions of the three EU institutions on the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2019/2088…