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Risk & Compliance Report For the Weekending 21 November 2025
Executive Summary Substantive structural developments across multiple jurisdictions characterised the regulatory landscape for the week ending 21 November 2025. In the United Kingdom, the Financial Conduct Authority (FCA) has launched a consultation on the 2026/27 fee structure, while HM Treasury has formally signalled the transition to a T+1 settlement cycle by October 2027. Concurrently, the European Union is advancing a comprehensive reform of the Sustainable Finance Discl

James Ross
Nov 235 min read


Key Regulatory Developments for CASPs Weekending 21 November
Executive Summary The global regulatory framework for digital assets and blockchain technology has reached a key milestone during the reporting period ending 22 November 2025. We are witnessing a clear shift from the initial "framework design" stage—marked by high-level principles and legislative discussions—towards a detailed, operational "infrastructure enforcement" stage. This shift is demonstrated by regulators engaging directly with the technical stack, focusing on speci

James Ross
Nov 2315 min read


Risk & Compliance Report Weekending 24 October 2025
1. Executive Summary: Key Themes Three critical developments dominated this week’s regulatory landscape: AML Supervisory Consolidation: HM Treasury confirmed a significant reform of the UK’s AML/CTF supervisory architecture. The decision to consolidate supervision of the legal, accountancy, and TCSP sectors under a new Single Professional Services Supervisor (SPSS) role, to be fulfilled by the FCA, will replace the existing 22 Professional Body Supervisors (PBSs). Affected f

James Ross
Oct 259 min read


Regulatory Risk & Compliance Report For the Week Ending 17 October 2025
1. Executive Summary This report provides a technical analysis of significant regulatory developments for the week ending 17 October 2025, focusing on the key risk and compliance considerations for UK and EU financial services firms. Three dominant themes have emerged: the regulatory response to technological innovation, a continued drive towards enhancing operational and digital resilience, and significant structural reforms to UK market frameworks. The Bank of England’s str

James Ross
Oct 196 min read


Commission Delegated Regulation (EU) 2025/1125 on ART Authorisation
Executive Summary Commission Delegated Regulation (EU) 2025/1125 , which entered into force on October 5, 2025, constitutes a critical...

James Ross
Sep 1610 min read


DORA & Operational Resilience - August 2025
1. Executive Summary August 2025 was characterised by a palpable shift in the regulatory landscape for digital operational resilience,...

James Ross
Aug 313 min read


Report: Compliance with Sub-recommendation A(1) of the ESRB Recommendation of 2 December 2021
1.0 Executive Summary This report provides a formal assessment by the European Systemic Risk Board (ESRB) concerning the level of...

James Ross
Aug 133 min read


Digital Operational Resilience Act (DORA): H1 2025 Implementation Report
Executive Summary The first half of 2025 marked a critical phase in the operationalisation of the Digital Operational Resilience Act...

James Ross
Aug 124 min read


EBA Consults on Revisions to Guidelines on Internal Governance
Executive Summary The EBA/CP/2025/20 consultation paper proposes draft revised Guidelines on internal governance for financial...

James Ross
Aug 83 min read


DORA Developments - July 2025
Executive Summary Key developments included the European Supervisory Authorities (ESAs) publishing a comprehensive guide on how the...

James Ross
Aug 25 min read


Risk & Compliance Report For the Week Ending: July 18, 2025
1. Executive Summary This week was marked by a significant volume of policy announcements from UK authorities, collectively known as the...

James Ross
Jul 196 min read


ECB Finalises Guide on Cloud Service Outsourcing for Banks
Executive Summary On July 16, 2025, the European Central Bank (ECB) published its final guide for banks on outsourcing cloud services....

James Ross
Jul 174 min read


The ESAs' Guide on DORA Oversight Activities for Critical Third-Party Providers (CTPPs)
Executive Summary This report summarises the "Guide on Oversight Activities" for the Digital Operational Resilience Act (DORA), published...

James Ross
Jul 166 min read


DORA: ESMA final report on guidelines on outsourcing to cloud service providers by non-DORA depositaries
On July 11 2025, the European Securities and Markets Authority (ESMA) published a final report amending its guidelines on outsourcing to...

James Ross
Jul 133 min read


Risk & Compliance Report: week ending 11 July 2025
Executive Summary This week's global regulatory developments signal a significant push across three core areas: operationalising...

James Ross
Jul 125 min read


ESMA Peer Review on CASP Authorisations under MiCA
1. Executive Summary This report analyses the findings of a European Securities and Markets Authority (ESMA) peer review concerning the...

James Ross
Jul 113 min read


EBA Consultation Paper on Draft Guidelines on the Management of Third-Party Risk
1. Executive Summary The European Banking Authority (EBA) is updating its 2019 guidelines on outsourcing to establish a more...

James Ross
Jul 94 min read


Weekly Regulatory Risk & Compliance Report Weekending 4th July
1. Executive Summary Significant progress in digital transformation dominates this week's regulatory landscape, with ongoing focus on...

James Ross
Jul 57 min read


Delegated Regulation on ICT Sub-Contracting under DORA
1. Executive Summary On July 22, 2025, a new Delegated Regulation will come into effect, supplementing the Digital Operational Resilience...

James Ross
Jul 34 min read
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