HoL Financial Services Regulation Committee: Stablecoins – waiting for regulation
The Committee has now published its report. Amongst other matters, it concludes that the UK is currently lagging behind in developing its regulatory regime compared to the USA and EU and that there are some elements of the UK’s proposed regime which would diverge from international equivalents, including in requirements for systemic issuers to hold unremunerated backing assets, the proposed stablecoin holding limits, and the restrictions on commercial banks issuing stablecoins; The report sets out a number of recommendations for the authorities, including consideration of whether the existing legal frameworks are sufficient to detect and deter illicit activity using private unhosted and unregulated wallets.
Last updated · 03 Jun 2026
Regulatory News - Financial Services & Regulation
See allFCA: Mortgage lending statistics
FCA has published statistics for Q1 2026.
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HoL: Financial Services and Markets Bill
The second reading of the Bill took place on 8 June 2026, with Committee stage set to begin on 22 June 2026. A link to the Hansard transcript of the debate may be accessed via the second link below.
FCA: Mortgage Rule Review – research and blog
Alongside CP26/18, FCA has published research on mortgage arrears risk among UK first-time buyers and a blog by Emad Aladhal.
HMT: Access to banking services review
HMT has now published the call for evidence for the review, which will consider evidence of the challenges faced by those who need in-person banking services. Responses are required by 20 July 2026.
HMT: Speech by Rachel Reeves
Text of Rachel Reeves’ speech of 9 June 2026 follows in which she notes that she will publish the Financial Services AI Adoption Plan in her Mansion House speech on 14 July 2026.