PRA: Modification by consent for third-country insurance branches
PRA has updated the modification by consent to give third-country insurance branches that solely write risks that are not located in the UK relief from Article 49 of the Reporting Part of the PRA Rulebook, which relates to the resolution report. It has been extended to 30 June 2030.
Last updated · 13 Mar 2026
Regulatory News - Insurance
See allFCA: 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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HMT: Market Engagement Group
HMT has published the ToR for a senior‑level forum for financial market participants to share their views on UK-related developments in financial markets and broader market themes with Rachel Reeves.
FCA: Regulatory priorities - pensions
FCA’s first annual regulatory priorities report for the pensions sector sets out its priorities for the coming year: ensuring well-run schemes that provide value for money to savers; encouraging effective support for consumers; supporting growth and innovation, and modernising pensions and long-term savings. The report also notes other areas of focus. FCA has included an indicative timeline for specific workstreams.
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FCA: CP26/8: Quarterly Consultation Paper
FCA has published the latest of its QCPs, which seeks feedback on various proposed amendments and corrections, including with regard to: amendments to CASS in relation to cryptoasset activities; transparency requirements for financial instruments and rights of action for damages in MAR; increasing the threshold for commodity derivatives under UK EMIR; amending the prohibition on non-cash distributions on own funds instruments for FCA investment firms; minor changes to UK Listing Rules, and amendments relating to ENFG, UNFCOG, ICOBS and CONC.
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FCA: Appointments
FCA has announced new appointments to its senior leadership team.