FCA, Bank of England, banking, payments and the UK capital markets.
The joint Bank of England and FCA regime lets firms issue, trade and settle tokenised securities on distributed ledgers under modified law. What is actually live, who is inside, and how far it is allowed to scale.
The Lloyds House Price Index recorded no monthly growth in July, the first full data-month computed entirely under the bank's own name, as a held Bank Rate caps the pace of any recovery.
From 1 September 2026 the FCA turns non-financial misconduct, bullying, harassment and violence against colleagues, into a formal Conduct Rule breach across roughly 37,000 non-bank financial firms. It is the biggest extension of the conduct regime beyond the banks since SM&CR reached solo-regulated firms in 2019.
The Pension Schemes Act 2026 makes pooling a statutory duty and moves roughly £400bn of council pensions into six consolidated megafunds. Two of the six are still not FCA-authorised to run the money, and the authorisation clock runs to 30 September 2027.
The FCA has opened three linked consultations that would replace the full-scope AIFM split with three NAV-based size bands, retire the 2013 AIFMD reporting fields under FRAME for a claimed 128m-pound annual saving, and simplify pay rules for solo-regulated firms. The response windows are already open, the first closing 16 September.
Europe's largest bank reports its interims on Tuesday, the first full half under the East-West structure it adopted in 2025. What to watch on Asian profitability, net interest income and the pace of buybacks.
A Treasury consultation would fold the Payment Systems Regulator into the Financial Conduct Authority, put Open Banking on a statutory footing, and set the ground rules for AI-enabled and tokenised payments. It closes on 6 October 2026.
A 6-3 vote and a hawkish August Monetary Policy Report reframed the debate around energy and the closed Strait of Hormuz. Governor Bailey used the press conference to tell markets not to price in a rise.
On 14 July the Treasury and the Prudential Regulation Authority opened paired consultations to implement the ring-fencing review, lifting the deposit threshold from £25bn to £35bn and adding a growth allowance the government says could free up to £80bn, just as the high-street banks report their half-year results.
Charlie Nunn and William Chalmers step up at 09:30 BST on Thursday to set out first-half numbers and a refreshed plan. Here is the ground to watch on costs, net interest income and the shape of capital returns.
Miss the allocated window and Temporary Marketing Permissions fall away immediately. With the final umbrella slots now closing through the summer, the clock is real.
The third annual Consumer Duty board report is due by the end of the month. It has quietly become the document the FCA reads to sort firms that can evidence customer outcomes from those that only assert them.
The joint consultation that opened on 13 July turns the Pension Schemes Act's GBP 25bn scale bar and value-for-money test into the supervisory rules that will thin out Britain's defined-contribution market.
The FCA wants UK firms making the changes now and ready to test by the end of 2026, two years before Britain, the EU and Switzerland switch to next-day settlement on the same morning.
Two guidance consultations, GC26/4 and GC26/5, close on 30 July and move the FCA's incoming crypto regime from a question of who is in scope to how much capital firms hold and how well they assess their own risks, weeks before the September authorisation gateway.
Four months into live trading, the UK's private-share regime has real auctions and four approved operators. What Wayve's $85m employee tender shows is that it delivers liquidity, and has not yet proved it can discover a price.
The FCA's £7.5bn redress scheme is finalised and lenders are fully provisioned, but the Upper Tribunal has listed the challenge for 14 to 18 December 2026 or 16 to 26 February 2027, so no cheque lands before next year.
The mutual sector is taking share from the big banks in both savings and mortgages, without a single new rule. With no shares to issue, the open question is how long member-owned lenders can bankroll the lending they are winning.
June's Fund Flow Index looks like a great rotation into bonds, but the durable signal is a 38-month exodus from Asia-Pacific equity funds, and it points to defensive de-risking rather than conviction buying.
The Debt Management Office will sell just £23.0bn of long-dated conventional gilts in 2026-27, down from £32.5bn a year earlier, even as 30-year yields sit near their highest since 1998. The retreat reshapes who funds Britain, and on what terms.
UK listing proceeds trebled in the first half of 2026, but seven floats and a single strong quarter carry the whole story. Set against Mansion House talk of a capital-markets comeback, the recovery looks fragile and highly concentrated.
As the Payment Systems Regulator is wound into the FCA, the merged supervisor inherits an awkward first question: after an authorised push payment scam, who bears the loss, the bank that sent the money or the one that received it?
Regulation Day brings deferred payment credit inside the FCA perimeter: per-transaction affordability checks, Section 75 liability and a bespoke disclosure regime. Here are the mechanics that decide who is ready.
The core regime is fixed for January 2027, but the PRA has held its trading-desk models back to 2028 and put the wider calibration out for review, charting a capital path of its own.
