As the new year begins and the financial services regulatory landscape across the UK and European Union continues to evolve, Travers Smith is pleased to present our 2026 Regulatory Roadmap.
This briefing summarises key regulatory developments for asset managers, financial market infrastructures and fintech firms in the coming year to help senior managers and in-house legal and compliance advisers to stay on top of forthcoming changes.
Highlights covered in the Roadmap include:
- Reforms to the EU and UK AIFMD regimes, including priorities for the implementation of AIFMD II by EU firms and items to watch out for when the UK AIFMD Review proposals are published
- The evolving UK regime for cryptoassets, digital assets and stablecoins, including the latest on authorisation timelines and the new supervisory framework
- The latest developments in the UK regulatory framework for payment services, including the new safeguarding requirements and an update on the UK's National Payments Vision
- The forthcoming shift to T+1 securities settlement
- Changes to the EU and UK anti-money laundering rules
- The UK FCA's ongoing work in relation to conflicts of interest in private market firms, the client money and asset rules, remuneration requirements and the Consumer Duty
- The new UK rules and guidance covering non-financial misconduct in financial services firms
- The current state of the EU's Savings and Investments Union and Retail Investment Strategy initiatives, and a summary of the new Market Integration Package
- An overview of the current state of play in relation to the regulation of sustainable finance in the UK and EU
