FCA: Project Guardian
FCA has welcomed the first industry-led Project Guardian report (second link below) on tokenisation in the asset management sector, delivered through Project Guardian’s asset and wealth management workstream. The report sets out a vision for the use of DLT in asset management and also discusses potential industry and regulatory standards needed to scale tokenisation use-case and enable firms and investors to benefit from the technology. FCA notes that it will collaborate with the Monetary Authority Singapore to explore the regulatory considerations for tokenisation within the asset and wealth management sector next year. The review will consider regulatory and supervisory principles and any potential regulatory barriers to tokenisation concepts.
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: Board minutes
FCA has now published the minutes of its 29 January 2026 board meeting. It is stated that “the Board observed the positive outcomes achieved by driving change through outcomes-focused supervisory activity rather than relying solely on rules”.
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