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Prudential Regulation Authority (PRA) New Regulations

A&O Shearman

The Financial Services and Markets Act 2023 (Commencement No 13) Regulations 2026

A&O Shearman on

The Financial Services and Markets Act 2023 (Commencement No 13) Regulations 2026 were made, following HM Treasury's policy response on applying the Financial Services and Markets Act 2000 model of regulation to the UK...more

Katten Muchin Rosenman LLP

UK Financial Insights from Katten | Issue 30

UK Financial Insights from Katten is a monthly newsletter highlighting key noteworthy developments potentially affecting financial markets and funds in the UK and Europe....more

Morgan Lewis

FCA & PRA Consultations on the UK Securitisation Framework

Morgan Lewis on

The UK Financial Conduct Authority (FCA) and the Prudential Regulation Authority of the Bank of England (PRA) have each published a consultation paper in relation to proposed changes to the UK securitisation framework. These...more

A&O Shearman

UK Lays SI To Create New Regulated Activity Of Providing Targeted Support

A&O Shearman on

The Financial Services and Markets Act 2000 (Regulated Activities) (Providing Targeted Support) (Amendment) Order 2026 was laid before UK Parliament and published with an explanatory memorandum. The instrument, following the...more

A&O Shearman

UK PRA Policy Statement On Final Simplified Capital Regime For SDDTs

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The UK Prudential Regulation Authority (PRA) has published a final policy statement PS4/26, finalising the simplified capital regime and additional liquidity simplifications for small domestic deposit takers (SDDTs) and SDDT...more

A&O Shearman

New UK crypto regime: proposed application of the FCA Handbook and prudential rules

A&O Shearman on

The countdown to the UK’s new crypto regime has begun. On December 15, 2025, the UK published finalised regulations with licensing and market abuse regimes for the crypto market, effective from October 25, 2027....more

Hogan Lovells

HL UK Pensions Law Digest 22 January 2026

Hogan Lovells on

Pension Schemes Bill: release of surplus Comments from the Minister of State on the new power to release surplus; Pensions Commission and further lifetime allowance regulations...more

A&O Shearman

UK FSMA 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025 published

A&O Shearman on

The Financial Services and Markets Act 2023 (Prudential Regulation of Credit Institutions) (Consequential Amendments) Regulations 2025 have been published, accompanied by an explanatory memorandum. This follows the draft...more

Eversheds Sutherland (US) LLP

UK regulators finalize amendments to bilateral margin requirements for non-centrally cleared derivatives under UK EMIR

On November 27, 2025, the UK Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) published a joint policy statement finalizing amendments to the bilateral margin requirements for non-centrally cleared...more

A&O Shearman

UK Future Crypto Framework: The Countdown Begins

A&O Shearman on

On 15th December 2025, HM Treasury published the final draft text of the UK’s cryptoasset legislation, which will bring currently unregulated cryptoasset and stablecoin activities within the scope of the UK financial services...more

A&O Shearman

The Financial Services and Markets Act 2023 (Commencement No 10 and Saving Provisions) (Amendment) Regulations 2025 published

A&O Shearman on

The Financial Services and Markets Act 2023 (Commencement No 10 and Saving Provisions) (Amendment) Regulations 2025 have been made. These Regulations amend the Tenth Commencement Regulations to ensure continuity following the...more

A&O Shearman

UK PRA finalises low impact amendments to PRA rules and policy material

A&O Shearman on

The UK Prudential Regulatory Authority (PRA) has finalised a series of what it refers to as low impact amendments (LIAF03/25) to its Rulebook and policy materials following its October consultation. These include...more

A&O Shearman

UK Regulators Finalise Changes To UK EMIR Margin Requirements For Non-Centrally Cleared Derivatives

A&O Shearman on

The UK Prudential Regulatory Authority (PRA) and the UK Financial Conduct Authority (FCA) have published a policy statement finalising amendments to the Binding Technical Standards (BTS 2016/2251) on margin requirements for...more

Proskauer Rose LLP

FinReg Monthly Update - November 2025

Proskauer Rose LLP on

Welcome to Proskauer’s FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

A&O Shearman

UK PRA increases depositor protection limit

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published policy statement PS24/25 on depositor protection and feedback to responses it received on its March consultation on the topic. The policy statement sets out final...more

Hogan Lovells

Depositor Protection: UK PRA Increases FSCS Protection Limits with Effect From 1 December 2025

Hogan Lovells on

The PRA has published a policy statement on increases to the deposit protection limits under the Financial Services Compensation Scheme (FSCS) and changes to disclosure requirements to ensure depositors have clear information...more

Hogan Lovells

Mind the Channel: The UK Finalises a Path Towards a Stand-Alone Basel 3.1 Regime

Hogan Lovells on

This article looks at some of the key responses and policy statements from the Prudential Regulatory Authority ("PRA") to the final part of the consultation process surrounding the restatement of the Capital Requirements...more

A&O Shearman

HMT consults on updating the UK's exemption framework for intragroup over-the-counter derivatives

A&O Shearman on

HM Treasury (HMT) has published a draft statutory instrument (SI), the Over the Counter Derivatives (Intragroup Transactions) Regulations 2026, for technical comment, alongside a policy paper. The proposed Regulations aim to...more

White & Case LLP

Bank of England consults on regulating systemic stablecoins

White & Case LLP on

On 10 November 2025, the Bank of England (BoE) published a consultation paper on its proposed regulatory regime for sterling-denominated systemic stablecoins. Introduction - The BoE published on 10 November 2025 a...more

A&O Shearman

UK PRA near-final rules on a simplified capital regime for SDDTs

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published near-final policy statement PS20/25, marking the second and final phase of its "strong and simple" framework. This introduces a simplified capital regime for smaller,...more

A&O Shearman

UK FCA Finalises Rules on the MiFID Organisational Regulation

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published policy statement PS25/13, finalising the transfer of firm-facing requirements from the UK version of the Markets in Financial Instruments Directive Organisational...more

Katten Muchin Rosenman LLP

UK Regulators Transfer MiFID Organisational Regulation into Domestic Rulebooks

On 9 October 2025, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) published policy statements PS25/13 and PS16/25 respectively, completing the transfer of the Markets in Financial Instruments...more

A&O Shearman

UK Regulations Made to Extend Transitional Regimes for Overseas CCPs

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The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025 have been made and published alongside an explanatory memorandum. The Regulations extend key transitional provisions for the...more

Proskauer - Regulatory & Compliance

UK SMCR Reform: Consultations, Proposals and Next Steps

September 2025 Executive Summary The UK government and regulators are conducting the most wide‑ranging review of the Senior Managers & Certification Regime (SMCR) since its introduction. Consultations close: 7 October 2025....more

A&O Shearman

UK PRA consults on restatement of CRR definitions in Rulebook

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The UK Prudential Regulation Authority (PRA) has published consultation paper CP19/25, proposing the transfer of definitions from Articles 4, 4A, 4B and 5 of the UK Capital Requirements Regulation (CRR) into the PRA Rulebook...more

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