FCA: MS26/2: Claims management services: market study terms of reference
FCA has launched this market study in order to gather evidence to understand the root causes of practices the regulator has observed by firms in the claims management market and how they impact competition and consumer outcomes. It has requested stakeholders to review the proposed ToR and Notice, with responses required by 19 June 2026. A blog by Alison Walters has also been published.
Last updated · 19 May 2026
Regulatory News - Financial Services & Regulation
See allThe Securitisation (Overseas STS Equivalence) (European Union, Iceland, Liechtenstein and Norway) Regulations 2026/550
The SI amends the UK securitisation framework to remove the time limit on the temporary recognition of certain simple, transparent and standardised securitisations originating in the EEA as eligible for STS preferential prudential treatment in the UK. (Date in force: 30 June 2026)
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FSSC: A workforce transformed – technology, skills and the future of work in financial services
FSSC’s first report for HMT provides a detailed view of how AI is reshaping tasks, roles, and skills within the financial services sector.
PRA: PS13/26: Insurance third-country branches – policy implementation and other updates
Further to CP20/25, FCA has now published feedback and final policy, including amended rules, supervisory statements and statements of policy, as well as details of changes to the draft policy.
FCA: Financing climate solutions – exploring findings from the transition finance pilot
FCA’s findings suggest many climate solutions still face a gap between technical readiness and becoming commercially investable, and that, although there is strong investor interest and capital available, it does not always match the risk profile, scale or time horizon of climate opportunities.
FCA: CP26/16: Registration of authorised fund assets
In this CP, FCA is proposing rule changes that would, amongst other matters: have the effect of allowing depositaries of authorised AIFs managed by AFMs that are also defined as AIFMs to delegate some of their safekeeping functions in respect of some private markets asset types to certain third parties; allow depositaries to delegate the relevant safekeeping function for “non-custodial” private market asset types to the AFM’s affiliates clarify elements of the authorised fund registration function requirements and clarify how the CASS 6 custody rules apply to depositaries of all authorised funds and unauthorised AIFs. Responses are required by 9 July 2026.
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