On 1 July 2026 the United Kingdom took over the two-year Presidency of the Financial Action Task Force and used its first day to launch the FATF 2026-2028 Roadmap on Combatting Fraud. The launch event, opened by the incoming FATF President Giles Thomson and supported by Executive Secretary Violaine Clerc, set fraud as one of…
On 12 January 2026 the Swiss Financial Market Supervisory Authority (FINMA) published Guidance 01/2026, Custody of cryptobased assets, addressing institutions subject to FINMA supervision and identifying banks, securities firms, managers of collective assets and portfolio managers in particular. The document carries a blunt message: it restates the rules that already govern crypto custody in Switzerland…
On 8 July 2026 the Financial Action Task Force published a global stocktake of public-private partnerships for fighting illicit finance, and the message to reporting teams is blunt: the data that would expose a laundering network usually sits in fragments across separate banks, payment firms and law enforcement files, and criminals move faster than any…
From 1 January 2027, Articles 4, 4A, 4B and 5 of the UK Capital Requirements Regulation (CRR) are revoked. HM Treasury has restated selected definitions in domestic legislation, while the PRA’s CRR definitions restatement, finalised in Policy Statement PS14/26 on 27 May 2026, places other PRA-facing definitions in the PRA Rulebook Glossary or cross-refers from…
On 16 July 2026 the Financial Action Task Force published its seventh targeted update on how countries are implementing the FATF standards for virtual assets and virtual asset service providers. The headline finding is that implementation remains uneven. Of the 109 jurisdictions answering the Travel Rule legislation question, 91, or 83 percent, reported legislation in…
On 21 July 2026 the Financial Action Task Force published its Targeted Report on Regulatory Challenges from Decentralised Finance, and the message for anti-money laundering teams is blunt: decentralised is a claim to be tested, not a label that lifts a service out of scope. Where an identifiable natural or legal person controls or sufficiently…
The EBA published a draft technical package for version 4.4 of its reporting and disclosure framework on 24 July 2026, and the comment window is short: feedback on the package and the accompanying glossary closes on 24 August 2026. This early release of the EBA reporting framework 4.4 is a feedback-stage view of the Data…
On 17 December 2024 the European Securities and Markets Authority published its Final Report and, in Annex III, the Guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments, reference ESMA75453128700-1323. That document, often shortened to the CAFI Guidelines, addresses whether a crypto-asset qualifies as a financial instrument and is therefore…
On 18 May 2026 the Prudential Regulation Authority sent a Dear CEO letter to the chief executives of UK banks and designated investment firms, reaffirming where the line sits between a deposit and everything that only looks like one. The PRA Dear CEO letter on innovations in the use of deposits, e-money and stablecoins, signed…
On 23 July 2026 the European Banking Authority opened four public consultations on the first batch of DGSD3 depositor protection standards, the technical rules that will put the revised Deposit Guarantee Schemes Directive into daily operation. The comment window on all four closes on 23 October 2026. For banks and the teams that feed deposit…