FCA: PS26/15: Improving the UK transaction reporting regime
Further to CP25/32, FCA has published feedback and final rules. Changes include the removal of FX derivatives from the scope of reporting requirements. FCA will publish a draft schema, validation rules and new guidelines for consultation in October 2026. The new regime will come into force on 3 April 2028. FCA states that it will take a flexible supervisory approach to some areas from 3 August 2026 until this date.
Last updated · 03 Aug 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationFCA: Primary Market Bulletin 66
Topics in the latest edition include: a consultation which sets out FCA’s expectations regarding comply or explain in the context of the new sustainability disclosure requirements, and recent observations from discussions with issuers and their advisers on assessing issuer disclosure obligations that arise from a cyber incident.
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PRA: Thematic feedback on accounting for IFRS 9 expected credit losses
PRA has published a “Dear CFO” letter from David Bailey to selected PRA-regulated deposit-takers. The letter provides thematic feedback from the regulator’s review of written auditor reports received in 2026 covering IFRS 9 expected credit loss accounting and accounting for climate risk.
BoE: Systemic risk survey results
BoE has published the H2 2026 survey results. Amongst other matters, it is noted that geopolitical risk and cyberattack remain the two most frequently cited sources of risks among participants, and the number of participants citing risks surrounding AI has increased substantially.
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BoE: Financial Policy Record
BoE has published the Record of the FPC meeting on 25 September 2026 which discusses the current risk environment, including the extent to which developments in AI could affect a wide range of investors and funding markets.
BoE: Blog by Andrew Bailey: Frontier AI and the question of governance
Text of Andrew Bailey’s blog of 30 September 2026 follows.