BoE/FCA/HMT: Joint statement on Frontier AI models and cyber resilience
The Government and UK financial authorities have announced that firms should be taking active steps with regard to: governance and strategy; identification and risk management of vulnerabilities; managing risks from third parties; protection, and response and recovery.
Last updated · 15 May 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationFCA: Tokenised gold – opportunities and risk for UK wholesale markets
FCA is seeking views on whether tokenising gold could improve how it is traded, transferred, pledged and held in UK markets. FCA is particularly interested in understanding: use cases in wholesale markets; specific areas which may prove challenging, and the impact of perceived uncertainty around the CIS and AIF regulatory perimeter. Responses are required by 23 October 2026.
FCA/BoE: Tokenisation in wholesale financial markets
Further to the joint FCA/BoE call for input published in May 2026, the regulators have now published a feedback statement which notes that respondents supported their proposed approach. The feedback will be used to develop a joint tokenisation roadmap later in 2026 and a consultation on rules for safeguarding relevant specified investment cryptoassets is planned for the first half of 2027.
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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.