FCA: CP25/42: A prudential regime for cryptoasset firms
FCA has set out its proposed prudential requirements for all cryptoasset firms that will need to be authorised, including the “new cryptoasset activities” introduced through the change in legislation. This CP builds on proposals in CP25/15. It extends the scope to the remaining cryptoasset activities, namely operating a qualifying cryptoasset trading platform, staking, arranging deals, dealing as agent and dealing as principal in qualifying cryptoassets. It also contains additional proposals that were deferred from CP25/15 in relation to the overall prudential regime for cryptoasset firms. Responses are required by 12 February 2026.
Regulatory News - Banking & Finance
See allPRA: PS10/26: Amendments to Resolution Assessment threshold and Recovery Plans review frequency
Further to CP14/25, this PS provides feedback and final policy. The policy in this PS will take effect on 1 April 2026.
HMT: Joint EU-UK Financial Regulatory Forum
HMT has published a note of the meeting held on 11 March 2026. Topics included: policy and macroeconomic/financial stability outlooks; banking; digital finance; markets reform, and sustainable finance.
PRA: Speech by Vicky White: Data as a dialogue
Text of Vicky White’s speech of 12 March 2026 follows in which she discusses data collected from banks by PRA and how this feeds in to supervisory decisions, risk assessment, and policy.
BoE: Speech by Andrew Bailey: Reforming cross-border payments
Text of Andrew Bailey’s speech of 12 March 2026 follows in which he discusses progress on the G20 Cross-border Payments Roadmap.
FCA: UK MiFID transparency calculations
FCA has updated its webpage with the latest results of the annual transparency calculations for equity and equity-like instruments for the UK.