11 October 2027 is the government-supported first trading date for the UK T+1 transition. HM Treasury has committed to legislate for that date, but its latest published statutory instrument is still draft and subject to affirmative parliamentary approval. Under the draft, UK CSDR Article 5(2) would require in-scope transactions in transferable securities executed on a…
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…
Get the timing of the UK stablecoin perimeter wrong and you build the wrong thing. A firm that designs its reserve model around a 60% gilt ceiling, or around per-coin holding caps it has to police at the wallet level, is building to a draft the BoE systemic stablecoin rules have now moved past. On…