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Legal, Regulation & Compliance

04/23/2026

Italy fines Poste Italiane and PostePay over alleged personal data access

Poste Italiane plans to appeal to the Court of Rome seeking annulment of the decision.

04/23/2026

FCA and PRA ease SMCR rules to cut burden and support growth

The regulators said the updates will make it easier for firms to comply with SM&CR, while preserving its core principle of senior manager accountability.

04/23/2026

FCA publishes findings from financial adviser market survey

Overall, it shows a market that remains broadly stable and continues to support millions of clients, even as firms adapt to consolidation, new business models and technology.

04/23/2026

Sapia agrees to pay more than £19m to WealthTek clients after failing to protect client money

This resulted in Sapia holding and being responsible for protecting client money resulting from WealthTek’s activities.

04/22/2026

PS12/26 – Review of the Senior Managers and Certification Regime (SM&CR) − Phase 1

It ensures that appropriate senior decision-makers are identified and that these individuals are clear as to their responsibilities and accountability.

04/22/2026

FCA and PRA confirm changes to streamline senior manager accountability and boost growth

The Government also proposes giving more flexibility to the regulators to further reduce the number of senior management functions (SMFs) which require pre-approval.

04/22/2026

FCA leads first crackdown on illegal crypto trading

Peer-to-peer trading is when individuals buy and sell crypto directly with each other, rather than using a centralised exchange and requires appropriate registration.

04/22/2026

The Federal Council opens a consultation process on the equity capital backing of foreign holdings in the parent company of systemically important banks.

Swiss banks are currently only required to partially back their investments in foreign subsidiaries with equity capital.

04/21/2026

19 Farrer & Co solicitors featured on the Pro Bono Recognition List 2026

Bar Council and all major pro bono legal organisations, the Pro Bono Recognition List celebrates the valuable contribution of individual lawyers at firms and organisations of all sizes who provide pro bono legal help.

04/21/2026

Join the Financial Services Consumer Panel – vacancies now open

Panel members provide constructive challenge and expert advice to help ensure the consumer perspective is fully embedded in the FCA’s policy development and implementation.

04/20/2026

National Security Regulation & Investment Risk: Quarterly Update from Washington

It increasingly sits alongside antitrust, tax, and core regulatory analysis as a mainstream workstream in cross-border strategy and execution.

04/20/2026

Rolling out AML reforms in the EU’s smallest nation

Alfred Zammit, director of the Financial Intelligence Analysis Unit (FIAU) in Malta, outlines the ongoing changes

04/20/2026

Pension Schemes Bill returns to the Lords

The government intends these reforms to improve outcomes for savers and encourage pension schemes to invest in the UK economy.

04/20/2026

Statement by Christine Lagarde, President of the ECB, at the fifty-third meeting of the International Monetary and Financial Committee

The adverse effects on the global economy from the war in the Middle East primarily stem from the sharp increase in energy prices.

04/17/2026

EIB Group, European Commission and IFC back Biovac to build Africa’s first end-to-end multi-vaccine manufacturing site

The project will expand Africa’s vaccine manufacturing capacity, support equitable access to essential immunisations and strengthen preparedness for future pandemics.

04/17/2026

Prudential Regulation Authority Business Plan 2026/27

This year’s business plan confirms the PRA’s continued focus on safety and soundness and policyholder protection, alongside a proportionate and efficient approach to regulation.

04/17/2026

This time is different? Speech by Sarah Breeden

Given at the HLS-PIFS Symposium on “Building the Financial System of the 21st Century: An Agenda for Europe and the United States”

04/17/2026

UK firms face “converging risks” as disruption accelerates, Aon warns

The survey reveals that the most significant risks for UK businesses are not only intensifying, but converging in ways that demand a strategic, resilient response.

04/17/2026

A legal and regulatory synthesis on the future of financial compliance

Latest guide from Funds Europe Intelligence cites awareness needed as the regulatory and legal landscape shifts

04/16/2026

Revolut’s UK banking licence unlikely to disrupt incumbents, Citi says

Revolut reported 13 million UK customers and 69 million globally, with transaction volumes rising 67% year-over-year to £986 billion in 2025.

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