Open navigation
Search
Search

Select your region

FCA: PS25/17: The SI regime for bonds and derivatives and other consultation proposals

28 Nov 2025 (UPDATED: 13 Mar 2026) United Kingdom 1 min read

New bond and derivatives transparency requirements set out in PS24/14 will come into force in December 2025.  From 1 December 2025, the changes will remove the systematic internaliser regime for: bonds and derivatives, structured finance products and emission allowances.  Further changes come into force on 30 March 2026 which are detailed in the PS.  FCA will publish a consultation on equity markets in the first half of 2026.


Back to top Back to top
You will now find all Law-Now content on CMS.law