Regulation Tomorrow (Norton Rose Fulbright) - Latest News and Information
On March 12, 2026 the Commodity Futures Trading Commission issued a staff advisory clarifying how event contracts may be listed and traded on prediction markets. The agency also released an advance notice of proposed rulemaking, indicating plans for a full regulatory framework. These steps signal the CFTC’s intent to bring prediction‑market platforms under U.S. futures law. The actions aim to provide clearer compliance pathways for existing and emerging operators.
BaFin announced immediate changes to its administrative practice for attributing and disclosing voting rights under the German Securities Trading Act, aligning the "acting in concert" definition with the EU Transparency Directive after the EU Court’s February 2026 ruling. The regulator...
The Financial Conduct Authority has released the terms of reference for a market study focused on later‑life mortgages. The study will assess whether the sector can evolve to meet the growing and shifting needs of retirees, including lifetime and interest‑only...
On 19 March 2026 the FCA published version 7 of its approach document on payment services and electronic money, outlining how the Payment Services Regulations 2017 and Electronic Money Regulations 2011 should be applied. The guidance targets authorised and small payment institutions, e‑money institutions, registered...
On 19 March 2026 the FCA published its first Regulatory Priorities reports for wholesale markets and wholesale buy‑side, part of a new series of nine annual reports that replace traditional portfolio letters. The wholesale‑markets agenda stresses operational resilience, liquidity management, T+1 settlement,...
On 19 March 2026 IOSCO released a consultation report proposing good practices to reinforce Principles 12, 15 and 16 of its commodity derivatives framework. The focus is on improving access to OTC position data, enhancing information sharing between regulators and...
On 18 March 2026, the UK Financial Conduct Authority issued a Call for Input inviting stakeholders to comment on how regulation can improve small and medium‑sized enterprises’ access to finance. The FCA aims to identify regulatory barriers that raise costs...
On 18 March 2026 the FCA, PRA and Bank of England released coordinated policy statements that create a single operational‑incident and third‑party reporting regime for UK financial firms. The new rules define a unified incident definition, standardised thresholds and a...
On 17 March 2026 the European Commission launched a Call for Evidence to revise the EU State aid rules for banks in difficulty, aligning them with the revised Crisis Management and Deposit Insurance (CMDI) framework expected in Q2 2026. The existing rules predate...
On 6 March 2026 the FCA released Consultation Paper 26/8 proposing to raise the UK commodity clearing threshold from €3 billion to €5 billion. The change addresses nearly 90 % commodity price inflation since the 2016 threshold was set, which has effectively lowered...
On 17 March 2026 the Prudential Regulation Authority released consultation paper CP5/26 to modernise the UK liquidity policy framework. The PRA proposes that firms must assess liquidity composition and monetisation risk, conduct weekly stress tests, and remove the exemption for...
On 17 March 2026 the European Commission opened a public consultation on proposed revisions to the EU taxonomy, aiming to simplify the framework and reduce reporting burdens. The draft changes streamline criteria and clarify compliance across most sectors covered by...
On 12 March 2026 the Australian Treasury released tranche 1 exposure drafts to overhaul the regulatory framework for payment service providers. The package replaces the purchased payment facility regime with Australian Financial Services licensing for stored‑value facilities and grants APRA prudential powers over...
The FCA’s new briefing note examines the Targeted Support regime introduced in Policy Statement 25/22, aimed at closing the advice gap for vulnerable retail investors. It outlines how firms must identify customers lacking sufficient advice and provide proportionate, tailored support. The...
The Australian Prudential Regulation Authority (APRA) has launched a public consultation on a suite of reforms aimed at tightening capital adequacy and liquidity standards for authorised deposit‑taking institutions (ADIs). The proposals introduce a new Pillar 2 liquidity framework for the largest...
