Topics
Regulatory news by beat, across every region.
Date
Story
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FCA revives 90-day notice periods for UK property and illiquid asset funds
CP26/35 would put 17 UK funds with £7.22bn in net assets on monthly dealing and 90-day notice, six years after the FCA paused a similar plan.
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MAS gives financial institutions until October 2028 to put AI life cycle controls in place
MAS’s final AI risk management guidelines cover every institution and every kind of AI, with oversight due in 2027 and life cycle controls in October 2028.
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HKMA and Bank Negara Malaysia open a joint workstream on cross-border stablecoin use
The HKMA and BNM agreed a policy workstream on compliant stablecoin use between Hong Kong and Malaysia, alongside RTGS, CSD and Islamic finance links.
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EIOPA tells EU supervisors to test private equity insurance deals against their exit plans
EIOPA’s supervisory statement on private equity-owned insurers asks supervisors to probe ownership chains, private credit, reinsurance and investor exit plans.
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ADGM’s FSRA tells licensed firms how to manage DeFi risk without regulating the protocols
Abu Dhabi’s FSRA drafts DeFi risk guidance for licensed firms on approvals, oracles, bridges, privacy tools and stablecoin exposures. Comments by 30 Nov.
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SEC proposes letting investment advisers hold client crypto in self-custody
The SEC’s custody proposal lets advisers and funds self-custody crypto where no qualified custodian exists, and opens the door to state trust companies.
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MAS proposes a hard nine-year limit on independent directors at banks and insurers
MAS wants bigger boards at systemic banks, a hard nine-year independence cap and approval of CIOs, while dropping some sign-offs for lower-impact firms.
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Fed sets stablecoin capital and reserve rules for bank-owned issuers under the GENIUS Act
Two Federal Reserve proposals add capital charges, a two-day redemption limit and a liquidation trigger for stablecoin issuers owned by state member banks.
