FCA: PS25/14: Definition of capital for FCA investment firms
Further to CP25/10, FCA is removing all cross-references to UK CRR from MIFIDPRU 3 and establishing a standalone framework for regulatory capital tailored specifically to investment firms. FCA notes that the new rules do not change the overall levels of regulatory capital firms must hold or require firms to alter their capital structures, but clarify what qualifies as own funds, reduce unnecessary complexity, and remove provisions designed for banks that are not relevant to investment firms. The new rules will come into effect on 1 April 2026.
Last updated · 13 Mar 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.