Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in July 2026:
31 July – FCA Handbook: The FCA has published Handbook Notice 143, which sets out changes to the FCA Handbook made
The FCA’s proposed overhaul of the remuneration rules is relevant not only to regulated firms, but also to private capital investors buying, financing or selling them.
CP26/27 would replace the separate MIFIDPRU, AIFM and UCITS remuneration codes with a single regime. It would also remove much of the prescription around deferral, malus and clawback, guaranteed
On 14 July 2026, HM Treasury published the draft Alternative Investment Fund Managers Regulations 2026 (the “Draft AIFM Regulations”) and an accompanying policy note (the “HMT Policy Note”), setting out proposed legislative changes to the UK AIFM framework. On the same day, the Financial Conduct Authority (“FCA”) published three consultation papers designed to streamline the
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in June 2026:
General Financial Services – Cross Sector
29 June – Consumer Duty: The FCA has published a consultation paper (CP26/23) on changes to the scope and proportionality of the
On 29 June 2026, the Financial Conduct Authority (FCA) published Consultation Paper CP26/22, Simplifying the insurance rules — A package of proposals on the scope of our rules, disclosure and advice. This is the second phase of the FCA’s insurance simplification programme, following Policy Statement PS25/21 in December 2025 and earlier exploratory
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and international financial services regulation.
Key Developments in May 2026:
United Kingdom
General Financial Services – Cross Sector
27 May – Financial Promotions: The FCA has published a press release announcing the findings of its review of firms approving
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and U.S. financial services regulation.
Key Developments in April 2026:
29 April 2026 – BoE/PRA: The Bank of England and the PRA have published finalised statements of policy outlining their approach
On 4 May 2026, the European Parliament’s Economic and Monetary Affairs Committee (“ECON”) published its draft report (the “Draft Report”) on the European Commission’s proposed overhaul of the Sustainable Finance Disclosure Regulation (SFDR 2.0). The Draft Report includes a draft European Parliament legislative resolution setting out proposed amendments to the European
The European Union’s ESG Ratings Regulation (the “Regulation”) will apply from 2 July 2026 and establishes a regulatory framework governing the provision of ESG ratings within the European Union. It introduces requirements relating to authorisation, governance, conflicts of interest and transparency, including public disclosures on rating methodologies (for example, via website disclosures).
Although primarily directed
Introduction
On 25 March 2026, the UK Financial Conduct Authority (FCA) published Consultation Paper 26/10 ‘Simplifying the Pensions & Investment Advice Rules’.
As the name suggests, the Consultation Paper seeks stakeholder feedback on a proposed consolidation and simplification of the current rules on pensions and investment advice, which are found in