Regulatory News
IOSCO: Extended trading hours
IOSCO’s report looks at proposals and practices relating to equity markets across IOSCO jurisdictions and examines their potential benefits and risks.
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BIS: BCBS 19-20 May 2026 meeting
BIS has published a note of the meeting held on 19-20 May 2026. Matters under discussion included: ICT risk management practices (a report will be published in June 2026) publish range of practices report on information and communication technology risk management; banks' cryptoasset exposures, and liquidity risk.
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IOSCO: Regulatory considerations and good practices on the evolution of market liquidity during the trading day
IOSCO’s report sets out the findings of a global stocktake which analyses how liquidity is distributed throughout the trading day, the implications of evolving liquidity patterns and auction designs, and the effectiveness of existing regulatory and supervisory approaches. IOSCO is consulting on good practices intended to assist regulators and trading venues. Responses are required by 21 August 2026.
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HoL Financial Services Regulation Committee: Regulation of the consumer insurance market
The Committee has launched an inquiry into the regulation of the consumer insurance market, including the regulation of insurance distribution and insurance claims handling, as well as the enforcement of these regulations and the resolution of disputes between insurance firms and consumers. Responses to its call for evidence are required by 26 June 2026.
TSC: Motor insurance compensation scheme
TSC has written to Nikhil Rathi setting out a number of questions with regard to consequences of the legal challenges, administrative issues, the conduct of market participants, and FCA’s powers. TSC has requested a response by 4 June 2026.
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PSR: CP26/1: Market review of card scheme and processing fees – proposed direction and guidelines
Further to CP25/1, and after further analysis and stakeholder engagement, PSR has published a consultation on the proposed legal instrument to implement regulatory financial reporting. Responses are required by 3 July 2026.
FOS: Complaints data 2025/26
FOS notes that complaints have returned to more historical levels, following a previous year of significant increased demand. Hire purchase (motor) was the most complained about product for 2025/26, followed by complaints about current accounts and credit cards.
PRA: PS13/26: Insurance third-country branches – policy implementation and other updates
Further to CP20/25, FCA has now published feedback and final policy, including amended rules, supervisory statements and statements of policy, as well as details of changes to the draft policy.
FCA: Financing climate solutions – exploring findings from the transition finance pilot
FCA’s findings suggest many climate solutions still face a gap between technical readiness and becoming commercially investable, and that, although there is strong investor interest and capital available, it does not always match the risk profile, scale or time horizon of climate opportunities.
FCA: CP26/16: Registration of authorised fund assets
In this CP, FCA is proposing rule changes that would, amongst other matters: have the effect of allowing depositaries of authorised AIFs managed by AFMs that are also defined as AIFMs to delegate some of their safekeeping functions in respect of some private markets asset types to certain third parties; allow depositaries to delegate the relevant safekeeping function for “non-custodial” private market asset types to the AFM’s affiliates clarify elements of the authorised fund registration function requirements and clarify how the CASS 6 custody rules apply to depositaries of all authorised funds and unauthorised AIFs. Responses are required by 9 July 2026.
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