Articles

  • SRB Business Reorganisation Plan Analysis Report: No New Requirements

    On 30 July 2026 the Single Resolution Board published a renewed Operational Guidance on the Business Reorganisation Plan Analysis Report, together with a complementary quantitative template and a feedback statement closing the public consultation that ran from 3 February to 30 March 2026. The SRB is explicit on one point that shapes how reporting and…

  • HKMA Banking Ordinance Enhancements: Bank Holding Companies in Scope

    On 13 February 2026 the Hong Kong Monetary Authority published consultation conclusions on proposed enhancements to the Banking Ordinance (Cap. 155). The policy package has since moved into legislation: the Banking Legislation (Miscellaneous Amendments) Bill 2026 was gazetted on 5 June 2026, received its First Reading on 17 June 2026 and has since been referred…

  • PRA LIAC02/26: Lloyd’s IMO Reporting and Liquidity Rule Changes

    The Prudential Regulation Authority published consultation LIAC02/26 on 29 July 2026, opening two separate workstreams under its low impact amendments process. One removes Lloyd’s syndicates from internal model output (IMO) reporting; the other reworks the liquidity Parts of the PRA Rulebook to fit incoming UK rule changes. Both close for comment on 11 September 2026,…

  • PS18/26 Solvency UK Reporting: The 31 December 2026 Changes

    On 29 July 2026 the Prudential Regulation Authority published PS18/26, the policy statement that finalises the Solvency UK reporting and disclosure changes firms will apply for reporting reference dates on or after 31 December 2026. It sets out the PRA’s response to CP22/25 on post-implementation reporting and disclosure amendments and to Proposal 1 of CP4/26…

  • PRA LIAF02/26: The Low-Impact Corrections That Bite on 1 January 2027

    On 29 July 2026 the Prudential Regulation Authority published PRA LIAF02/26, finalising its April 2026 Low Impact Amendments Consultation (LIAC01/26) plus minor corrections made without further consultation. The “low impact” label is supervisory housekeeping and easy to leave unread. The trap is that several of these corrections touch the exact PRA Rulebook Parts that UK…

  • Japan FSA Crypto Cybersecurity Report: What CASPs Must Map Now

    The Deloitte Tohmatsu LLC research report is dated 30 June 2026, and the FSA added it to its public research page on 23 July 2026 under the title “Cybersecurity Issues and Countermeasures in Crypto-Asset-Related Businesses.” It sits under the FSA’s Blockchain Governance Initiative Network (BGIN) research track and follows the JFSA’s April 2026 Policy for…

  • ESRS Knowledge Hub: EFRAG’s 2026 Revised Standards, Mapped

    On 28 July 2026, EFRAG placed the 2026 revised European Sustainability Reporting Standards and the new voluntary standard inside the ESRS Knowledge Hub as an interactive document set. The revised standards were adopted by the European Commission as delegated acts on 3 July 2026, and the Hub is where preparers can now read the final…

  • MAS AI Cyber Taskforce: What Singapore FIs Should Prepare Now

    On 28 July 2026, the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) launched a joint body to defend the financial sector against cyber attacks that use frontier artificial intelligence. Its formal name is the AI-Driven Cyber and Technology Risk Taskforce, shortened to ACT. For a technology-risk or compliance officer,…

  • EMIR 3 Clearing Thresholds: The New Uncleared and Aggregate Test

    The number that decides whether a firm falls inside the EU clearing obligation is about to be measured differently. Under EMIR 3, Regulation (EU) 2024/2987, the EMIR 3 clearing thresholds stop asking how much a counterparty trades over the counter and start asking how much it leaves uncleared. On 25 February 2026 ESMA published its…