pc
nid 92612
May 19, 2026
csoo@vixio.com
United Kingdom
Bank of England
horizon scanning
78% of draft length
draft in Generated
Generated
1925 charsBank of England Publishes Tenth Edition of Regulatory Initiatives Grid
On May 19, 2026, the Financial Services Regulatory Initiatives Forum published the tenth edition of the Regulatory Initiatives Grid (the Grid), a biannual publication outlining the regulatory pipeline for the financial services sector.
The Grid enables the financial services industry and stakeholders to understand and plan for the timing of regulatory initiatives that may have significant operational impact. The Forum, established in 2020 to strengthen coordination between regulatory bodies, comprises the Bank of England (including the Prudential Regulation Authority (PRA)), Financial Conduct Authority (FCA), Payment Systems Regulator (PSR), Competition and Markets Authority (CMA), Financial Reporting Council (FRC), The Pensions Regulator (TPR), and Information Commissioner's Office (ICO), with HM Treasury attending as an observer member.
The Grid contains initiatives designed to strengthen the foundations for growth by ensuring financial stability, while also supporting increased competition, facilitating innovation, boosting consumer confidence and trust, and supporting investment. Forum members continue to support the Government's growth agenda and advance their individual objectives, consistent with the Government's recent financial services reforms, including the Financial Services Bill, which supports sector growth.
The Forum continues to work collaboratively to streamline regulatory initiatives and minimise duplicative requests from industry. This collaborative approach is evident in focused areas such as the Payments Forward Plan produced by the Payments Vision Delivery Committee and the oversight of pension reform by the Pensions Reform Steering Group. The regulators remain committed to working together to deliver proportionate and effective regulation, support growth, and strengthen the UK as a world-leading financial centre.
The Grid is available on the Bank of England website.
Agent draft
Not run yet.
Published
1509 charsUK's Financial Services Regulatory Initiatives Forum Publishes Regulatory Initiatives Grid (Tenth Edition)
On May 19, 2026, the UK’s Financial Services Regulatory Initiatives Forum released the tenth edition of its Regulatory Initiatives Grid which sets out the regulatory pipeline over the next two years.
The Forum is co-chaired by the Financial Conduct Authority (FCA) and the Bank of England/Prudential Regulation Authority (PRA) and consists of nine members, including the Competition and Markets Authority (CMA), His Majesty’s Treasury (HMT) and the Information Commissioner’s Office (ICO).
The Grid presents the expected timeframes for regulatory initiatives led by one or more Forum members at the time of publication, including the following new initiatives:
The FCA is expecting to publish a consultation paper containing proposals for resolution of cryptoasset firms in H2 2026.
The PSR expects to publish the Independent 12-month evaluation of authorised push payment (APP) fraud policies in Q3 2026.
HMT and the PRA are working on reviewing the ring-fencing regime and intend to consult on secondary legislation to enable relevant reforms in the summer of 2026.
The BoE plans to publish a discussion paper in relation to Central Counterparty (CCP) Resolution in Q2 2026, with an intention to consult on its resolvability expectations later this year, with a Statement of Policy on CCP resolvability envisaged in 2027.
The PRA intends to consult on Pillar 2A Review - Phase 2 in Q4 2027.
The PRA is currently deciding on next steps for remuneration data collections planned for late 2026/H1 2027.