2026 is set to be another year of focus on growth and competitiveness, with regulators in both the UK and EU looking to drive these objectives forward through rule simplification and rationalisation. We’ll see further Consumer Duty reviews and rule simplification programmes in the UK alongside similar plans in the EU, as regulators look to reduce compliance burdens on firms and free up resources for growth agendas.

However, as these programmes take shape, we are also likely to see further rule divergence arising, bringing with it potential compliance challenges. Parallel reform agendas, such as those in payments and crypto, may see more divergence emerge as different policy objectives become clearer.

Key themes discussed include:

  • Conduct and risk
  • Consumer
  • ESG
  • Financial crime, misconduct and enforcement
  • Innovation and digitalisation
  • Markets, funds and investments
  • Payments

FSR 2026 Report


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