FSB: Sound practices for responsible adoption of AI
FSB’s consultation report highlights the benefits and risks associated with AI use in the financial system and sets out a series of sound practices that financial institutions could apply in their organisation-wide AI governance and management of the relevant stages of AI development and deployment. It includes case studies taken from AI implementation practices by financial institutions. Responses are required by 22 July 2026.
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Last updated · 14 Aug 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationBIS: Basel III monitoring report
BIS has published the latest edition of its report.
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HoL Financial Services Regulation Committee: The regulation of the consumer insurance market
The Committee has published a transcript of the hearing held on 2 September 2026 attended by James Dipple-Johnstone (Chief Ombudsman, FOS) and Rachel Lam, (Interim Ombudsman MD, FOS).
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BoE: Speech by Ruth Smith: No bank too big to fail, and none too small to resolve
In this speech of 23 September 2026, Ruth Smith discusses the UK’s resolution framework in relation to SMEs.
FCA: Speech by Nikhil Rathi: Building the next generation of market infrastructure
Text of Nikhil Rathi’s speech of 22 September 2026 follows, in which he discusses various aspects of tokenisation. He notes that FCA intends to consult on safeguarding rules for relevant tokenised investment assets.
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FCA: Money mules – mule activity and cashing out findings
FCA’s multi-firm review found that regulated firms have identified and closed an increasing number of suspected mule accounts over the last three year. Firms should use the findings to inform their own assessment of the money mule risks they face and review their controls for detecting, preventing and disrupting money mule activity, strengthening them where necessary.