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Financial services round-up: FCA targeted support rules and pure protection research; Regulatory Initiatives Grid; pensions dashboards; BoE PTRR clearing exemption; EMIR 3 reporting; ECB simplification; BIS cross-border payments

Published on: 11 December 2025

Published by a LexisNexis Financial Services expert
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Financial services developments

Updated Regulatory Initiatives Grid sets out financial services regulatory pipeline

The Financial Conduct Authority (FCA) has released the newest Regulatory Initiatives Grid, outlining the financial services regulatory timetable for the coming two years. The programme of work spans:

  • delivery of the Basel 3.1 standards
  • the Strong and Simple framework
  • reform of the Prospectus Regime
  • the Wholesale Markets Review
  • establishment of a UK‑issued stablecoin regime
  • changes to the UK captives insurance regime
  • the National Payments Vision
  • the Advice Guidance Boundary Review
  • new regulation for Buy Now Pay Later products

The Grid is compiled by the Financial Services Regulatory Initiatives Forum, which unites key UK regulators and government bodies, including the FCA, Bank of England, PRA, Payment Systems Regulator, The Pensions Regulator and HM Treasury.

Sources: Regulators Forum publishes Regulatory Initiatives Grid to support innovation and stability; Ninth edition of the Regulatory Initiatives Grid

FCA releases research on pure protection products for retail consumers. The FCA has issued Pure Protection Market Study Consumer Research: Summary of Quantitative Outputs...

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