Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Financial services round-up: FCA 2026 wholesale and buy-side priorities; PSRs/EMRs SCA guidance update; EPC SRTP adoption approach; IOSCO OTC commodities consultation; Consumer Duty checklist and enforcement focus

Published on: 19 March 2026

Published by a LexisNexis Financial Services expert
Legal News
imgtext
Article summary

Financial services developments FCA sets out 2026 priorities for Wholesale Buy Side and for Wholesale Markets

The Financial Conduct Authority (FCA) has outlined its regulatory priorities for the Wholesale Buy Side and Wholesale Markets. The publications describe the FCA’s planned actions in 2025 and the year ahead, together with what it expects of firms under each theme. The FCA also advises Buy Side firms to consider its Pensions and Consumer Investments Regulatory Priority publications, which contain aligned reforms. The FCA’s Wholesale Markets priorities are:

  • reinforce the resilience of firms and markets: amid heightened risks, firms should elevate standards of operational resilience, keep trading controls robust, and strengthen liquidity management
  • promote efficient, competitive and innovative markets: a broad programme of reforms is under way to ensure markets function effectively, foster innovation and back economic growth
  • support the safe and responsible use of new technology: firms must grasp the risks and benefits of emerging tech, with governance, testing and controls evolving to enable safe innovation
  • tackle financial crime and market abuse: firms are expected to improve surveillance, data quality, governance and controls to identify, prevent and...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow