Our December 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took place during the last month in the UK, the EU and the US.
This month we cover the following:
- UK
- FCA consults on updating the UK transaction reporting regime: CP25/32
- Prudential regulatory reporting – good practice and areas for improvement
- The FCA’s findings on firms’ risk assessment processes and controls
- Anti-money laundering and counter-terrorist financing supervision reform: duties, powers and accountability consultation
- The Court of Appeal looks at client categorisation: Linear Investments v FOS Ltd [2025] EWCA Civ 1369
- FCA partners with Singapore to drive growth and AI innovation
- Industry to identify AI and tech skills needs in financial services
- EU
- Alternative Investment Fund Managers Directive (“AIFMD”) II overview
- SFDR 2.0: The European Commission streamlines transparency rules for sustainable finance products
- Report on total cots of investing in UCITS and AIFs: ESMA finds that distribution costs account for almost half of the total costs paid to invest in UCITS
- ESMA identifies measures to further enhance depositary supervision
- The European Supervisory Authorities designate critical ICT third-party providers under the Digital Operational Resilience Act
- US
- SEC Division of Examinations announces its 2026 Examination Priorities
- Key upcoming dates and deadlines
December 2025 Monthly Regulatory Newsletter
Click for further blogs on the latest regulatory developments.
Our December 2025 Monthly Newsletter is out, covering a roundup of notable regulatory news and activities that took during the last month in the US, the UK and the EU.
This month we cover the following:
- US
- SEC Division of Examinations announces its 2026 Examination Priorities
- UK
- FCA consults on updating the UK transaction reporting regime: CP25/32
- Prudential regulatory reporting – good practice and areas for improvement
- The FCA’s findings on firms’ risk assessment processes and controls
- Anti-money laundering and counter-terrorist financing supervision reform: duties, powers and accountability consultation
- The Court of Appeal looks at client categorisation: Linear Investments v FOS Ltd [2025] EWCA Civ 1369
- FCA partners with Singapore to drive growth and AI innovation
- Industry to identify AI and tech skills needs in financial services
- EU
- Alternative Investment Fund Managers Directive (“AIFMD”) II overview
- SFDR 2.0: The European Commission streamlines transparency rules for sustainable finance products
- Report on total cots of investing in UCITS and AIFs: ESMA finds that distribution costs account for almost half of the total costs paid to invest in UCITS
- ESMA identifies measures to further enhance depositary supervision
- The European Supervisory Authorities designate critical ICT third-party providers under the Digital Operational Resilience Act
- Key upcoming dates and deadlines
December 2025 Monthly Regulatory Newsletter
Click for further blogs on the latest regulatory developments.


