Open navigation
Search
Search
Expertise
Insights

CMS lawyers can provide future-facing advice for your business across a variety of specialisms and industries, worldwide.

Explore topics
Insights
About CMS

Select your region

Law-Now 02 Dec 2025 · International

FCA Policy Statement PS25/17: SI, Market Structure and Transparency Reforms

1 min read
OverviewOn 28 November 2025, the FCA finalised a package of reforms in PS25/17 to streamline UK wholesale market rules. The policy statement implements most proposals from CP25/20, notably removing the Systematic Internaliser (SI) regime for non‑equities, easing...

Read more
Back to top