Welcome to the June 2026 edition of our Investment Firms Newsletter.
Regulatory momentum across the UK and international markets remains strong, with regulators continuing to focus on governance, operational resilience, financial crime controls, market integrity and emerging technology risks. In the UK, recent developments include FCA activity on authorised fund asset registration, private markets, short selling, sanctions controls and UK EMIR clearing thresholds, alongside continued attention on artificial intelligence, cyber resilience and tokenisation in wholesale financial markets.
A common theme across these developments is the move towards more proportionate but better controlled regulatory frameworks. Regulators are increasingly focused not only on the design of firms’ policies and procedures, but also on their ability to evidence effective implementation, oversight and control in practice.
Internationally, US regulators are also progressing important updates, including changes to “qualified client” thresholds under the Investment Advisers Act and proposed reforms to AML/CFT programme requirements. Together, these developments point to a continued shift towards more adaptive, technology aware and controls focused regulation across key jurisdictions.
In this edition, we summarise the key regulatory developments and supervisory themes affecting investment firms, and consider what they may mean for firms’ governance, systems, controls and wider regulatory strategy.
Use the yellow dropdown arrow to expand and view more information for the section you’re interested in.
