OPBAS/FCA: Progress and themes from OPBAS’s 2024/2025 supervisory work: AML supervision by the legal and accountancy professional body supervisors
This report found that professional body supervisors generally continue to demonstrate good levels of compliance, but that some continue to perform poorly in their enforcement approach relative to other areas, and supervision could also be improved. OPBAS is concerned some supervisors may still be taking an “overly member-centric approach”.
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See allFCA: PS26/7: Progressing fund tokenisation
Further to CP25/28, in which FCA proposed new guidance to support firms seeking to launch tokenised authorised funds in the UK using the industry‑led Blueprint model and rules to introduce a new direct dealing model for all authorised funds to promote fund efficiency and aid tokenisation models, this PS sets out feedback and the rules and guidance. It also sets out how fund tokenisation could develop over time as part of FCA’s roadmap for digital assets.
FCA: Cryptoasset firms can request pre-application meetings from 11 May 2026
FCA has announced that cryptoasset firms preparing for the new FSMA regime will be able to request a pre-application meeting with via PASS from 11 May 2026. The pre-application meetings will take place from July 2026 and will be scheduled as requests come in.
FCA: Speech by Nikhil Rathi: A reform-minded regulator
Text of Nikhil Rathi’s speech of 30 April 2026 follows in which he discusses FCA’s regulatory approach.
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The Credit Institutions and Investment Firms (Miscellaneous Definitions) (Amendment) Regulations 2026/480
This SI relates to the restatement of certain UK CRR Articles considered necessary for the effective operation of the regulatory perimeter, overseas recognition regimes and other legislation. (Date in force: 1 January 2027)
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FCA: Market Watch 85
This edition of Market Watch considers how the Economic Crime and Corporate Transparency Act 2023 can help firms share customer information to fight economic crime.
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