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United Kingdom

Weekly financial services regulatory briefing: UK, EU and international developments across conduct, prudential, operational resilience, enforcement, sanctions, capital markets, payments and crypto (week of 23 October 2025)

Published on: 23 October 2025

Published by a LexisNexis Financial Services expert
Legal News
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Article summary

In this issue:

  • Beyond Brexit
  • UK, EU and international regulators and bodies
  • Authorisation, approval and supervision
  • Prudential requirements
  • Operational resilience
  • Complaints, compensation and claims management
  • Financial crime and sanctions
  • Consumer credit, mortgage and home finance
  • Conduct requirements
  • Investigations, enforcement and discipline
  • Regulation of capital markets
  • Regulation of derivatives
  • Sustainable finance and ESG
  • Banks and mutuals
  • Investment funds and asset management
  • UK MiFID II
  • EU MiFID II
  • Regulation of insurance
  • Payment services and systems
  • Fintech and cryptoassets
  • LexTalk®Financial Services: a Lexis®Nexis community
  • Dates for your diary
  • Financial Services Enforcement Database
  • Daily and weekly news alerts
  • Intraday news alerts

Beyond Brexit

FCA updates guidance on the financial services contracts regime, temporary permissions regime and leaving SRO or CRO

The Financial Conduct Authority (FCA) has refreshed its guidance covering the temporary permissions regime, the financial services contracts regime, and how firms exit supervised or contractual run-off. It now confirms that the contractual run-off (CRO) regime will cease on 31 December 2025. This deadline applies irrespective of when a firm entered CRO, and captures European Economic Area (EEA) authorised payment institutions, EEA-registered account information service providers, and EEA-authorised electronic money institutions that previously serviced the UK market without a local branch or appointed agent...

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