Regulatory News
FCA: CP26/33: Consultation on minor general insurance value measures changes and post-implementation review of the value measures rules
In this CP, FCA proposes two minor changes intended to reduce reporting burden on firms. This follows a post-implementation review of FCA’s GI value measures rules, first introduced in 2021. Responses are required by 9 October 2026. It is noted that FCA intends to consult on wider changes to the value measures rules in the first half of 2027.
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HoL: Financial Services and Markets Bill
A revised version of the Bill has been published following Committee stage.
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HMT: Speech by Lucy Rigby
Text of Lucy Rigby’s speech of 10 September 2026 follows in which she discusses AI, asset management, pensions reform and venture capital.
HoL: Financial Services and Markets Bill
Committee stage in HoL has now been completed, with the third reading of the Bill scheduled for 15 September 2026. Hansard transcripts of the Committee stage debates may be downloaded via the following link.
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BIS: When machines attack – frontier AI cyber threats and policy responses in the financial sector
This FSI Insights publication considers frontier AI models’ cyber capabilities and their prudential implications for financial sector supervisors. It includes a section which analyses financial authorities’ policy responses.
DBISC: Modernising corporate reporting
The Government is consulting on proposals to modernise the UK’s corporate reporting framework, including with regard to corporate governance and remuneration reporting. Responses are required by 30 November 2026.
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FCA: Mortgage lending statistics
FCA has published Q2 2026 mortgage lending statistics, including a commentary.
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BIS/IOSCO: FMIs – cyber resilience and third party service providers
BIS and IOSCO are seeking feedback from stakeholders on (i) a cyber resilience toolkit for FMIs, and (ii) a discussion paper on FMIs’ reliance on third-party service providers. Responses are required by 1 December 2026.
HMT: Speech by Lucy Rigby
Text of Lucy Rigby’s speech of 8 September 2026 follows in which she discusses aspects of digitalisation and tokenisation.
FCA: Our use of cost benefit analysis
TSC has published the text of a letter from Nikhil Rathi in which he sets out how FCA uses cost benefit analysis in developing policy and discusses the role of the independent CBA Panel.
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