On 10 September 2026, the European Parliament’s Committee on Economic and Monetary Affairs (“ECON”) has adopted its position on the reform of the Sustainable Finance Disclosure Regulation (“SFDR”), marking a significant milestone in the SFDR 2.0 legislative process. The position is expected to be endorsed by the European Parliament (the “
Edward Lister
Edward Lister is a special regulatory counsel and a member of the Private Equity Transactions and Mergers & Acquisitions Groups.
Edward advises a wide range of stakeholders in the insurance industry, including major insurers and reinsurers, insurance intermediaries, Lloyd’s syndicates and insurtech companies. Edward’s practice has a strong focus on commercial and regulatory insurance matters, and Edward regularly advises clients on FCA, PRA and Lloyd’s rules and procedures, including jurisdictional issues, Solvency II / UK regulation, insurance conduct of business standards, systems and controls for insurers and insurance intermediaries, applications for authorisation and the Senior Managers & Certification Regime.
FinReg Monthly Update
Welcome to the FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK, EU and US financial services regulation.
Key Developments in August 2026:
United Kingdom
General Financial Services – Cross Sector
11 August – FOS Redress: The Financial Ombudsman Service (FOS) has published a policy statement on modernising the redress system.
10…
FinReg Monthly Update
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:
United Kingdom
General Financial Services – Cross Sector
31 July – FCA Handbook: The FCA has published Handbook Notice 143, which sets out changes to the FCA Handbook made…
FCA remuneration reform: what private capital investors need to know
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…
FCA and HM Treasury Publish Detailed Proposals to Streamline UK Asset Management Regulation
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…
FinReg Monthly Update
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:
United Kingdom
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…
FCA Presses Ahead with Insurance Simplification: Key Points from Consultation Paper 26/22
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…
FinReg Monthly Update
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…
FinReg Monthly Update
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:
United Kingdom
General Financial Services – Cross Sector
29 April 2026 – BoE/PRA: The Bank of England and the PRA have published finalised statements of policy outlining their approach…
SFDR 2.0: Draft Parliament position signals direction of travel – implications for private markets
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…