This week's edition of Financial Services weekly highlights includes: FOS publishes plans and budget for 2026/27, as award limits rise; ESMA calls on firms to prepare for consolidated tapes go-live; WFE sets out areas of focus for 2026; plus dates for your diary.

This week's edition of Financial Services weekly highlights includes: PRA sends Dear CEO letters to UK deposit takers and international banks; EBA issues Opinion on interaction between output floor and Pillar 2 requirements; UNEP FI and WWF publish report mapping rise in nature-related banking regulations globally; plus dates for your diary over the coming week.

This week's edition of EU Law weekly highlights includes analyses on the Court of Justice’s decision, an appeal against the General Court’s judgment in Case T-74/21, imposing fines on Teva and Cephalon for entering into a pay-for-delay agreement, the European Commission considering changes to how products regulated under EU sectoral product safety laws are covered by the EU AI law, OpenAI’s ChatGPT surpassing the threshold for its designation as a ‘systemic risk’ search engine under the EU Digital Services Act (EU DSA) and the General Court heard Opera's challenge to the Commission over its refusal to designate Microsoft's Edge as a digital 'gatekeeper' under the EU Digital Markets Act. In addition this week, the Commission signed the UN Convention against Cybercrime on behalf of the EU, published preliminary findings against Meta, the provider of Facebook and Instagram, and against TikTok under the EU DSA, to assess whether both companies may have breached their transparency obligations, the Council of the EU has given final approval to a compulsory licensing regulation allowing certain intellectual property rights to be used without holders' consent during crises, adopted a revising directive on European Works Councils, the European Parliament adopted new measures to prevent microplastic pollution from plastic pellets losses throughout the supply chain and adopted the Commission’s proposed soil monitoring law to achieve healthy soils across the EU by 2050.

This week's edition of EU Law weekly highlights includes analyses on big tech companies starting to face private litigation to force compliance with the EU Digital Services Act and the enforcement of the EU AI Act proving a struggle for the bloc's Member States. In addition this week, the European Consumer Organisation reported that the European Parliament's Digital Omnibus on AI narrows consumer protections, the European Data Protection Board published a one-stop-shop case digest on the legal basis of 'legitimate interest', the Parliament voted to reject the European Commission's proposal to extend an interim derogation from ePrivacy Directive, the Council of the EU has given final approval to a regulation establishing an EU Talent Pool and the revised Package Travel Directive, the European Commission announced that the Entry/Exit System (EES) will become fully operational on 10 April 2026 and proposed an amendment to the Market Stability Reserve, the Parliament adopted new measures to reduce pollution in both groundwater and surface waters, the Council has given the final stamp to a new EU law harmonising key aspects of insolvency rules, the Commission announced that it has initiated an investigation into Snapchat’s compliance with child protection rules under the EU DSA and found that Pornhub, Stripchat, XNXX and XVideos are in breach of the EU DSA for failing to protect minors from exposure to pornographic content on their platforms.

This week's edition of Financial Services weekly highlights includes: a News Analysis on proposals and next steps on the reform of the SM&CR, the PRA's reissue of 2024 O-SII buffer rates following the FPC framework update, and a judgment alert in the case of AXA France Iard S.A. v Santander Cards UK Ltd; plus dates for your diary over the coming week.

The Parliamentary and Health Service Ombudsman (PHSO) has published findings from a recent investigation into the Windrush Compensation Scheme, following a complaint from Thomas Tobierre, 71, and his daughter Charlotte, 41, regarding the handling of their case. The PHSO found that Mr. Tobierre’s claim was not properly processed and that the scheme did not adequately assess the impact of excluding private pension losses. Mr. Tobierre came to the UK from St Lucia at seven years old in 1960 and married his wife Caroline, a British citizen, in 1975. In June 2017 Mr. Tobierre was made redundant at work after over 40 years of service. He was then unable to find employment as he could not prove his right to work and reside in the UK and was forced to live on his savings and cash in his private pension worth around £14,000. In light of the Windrush Scandal, Mr. Tobierre was granted the right to work and live in the UK and he returned to work in 2018, however, his wife Caroline was diagnosed with late stage cancer and a brain tumour a few weeks after this. Mr. Tobierre made a claim to the Windrush Scheme in July 2019 for the loss of earnings, pension and the impact this had on his life. After multiple reviews, which include the Home Office refusing to compensate for the loss of private pension, he accepted the revised offer in January 2021. Mrs. Tobierre applied in August 2021 to the Windrush Scheme compensation for financial hardship and disruption to family life caused by the restrictions imposed on her husband. Her application, which was done at a time when she only had six months to live, was expedited for her to settle her affairs which included funeral arrangements. Mrs. Tobierre passed away in November 2021 before her claim was resolved and Mr. Tobierre accepted a revised compensation offer on her behalf a month later. Following her death, the Windrush Scheme contacted the family requesting detailed financial information for an urgent funeral payment, which the PHSO notes caused unnecessary and avoidable stress.

This week's edition of Financial Services weekly highlights includes: HMT policy statement sets out proposed Consumer Credit Act 1974 reforms; FCA CEO says tackling financial crime now a matter of ‘economic and national security’; AFME, IA and UK Finance call for ‘full, high-quality’ consolidated tape; John Berrigan discusses EU market integration and supervision package; plus dates for your diary.

This week's edition of Financial Services weekly highlights includes: BoE consults on proposed enforcement changes following FSMA 2023; ESMA publishes consultation on possible amendments to CRAR Framework; Economic Crime and Corporate Transparency Act 2023 (Financial Penalty) Regulations 2024 and AML/CFT: Wolfsberg Group updates principles for auditing financial crime risk management, plus dates for your diary over the coming week.

This week’s edition of EU Law weekly highlights includes, the European Commission opened a consultation on guidelines under the Corporate Sustainability Due Diligence Directive and adopted a recommendation on PFAS monitoring in feed. The Council of the EU and the European Parliament also reached provisional agreements on the ETS2 market stability reserve, Chemicals Omnibus simplification measures, plant reproductive material rules and revised air passenger rights rules. In addition, the Parliament approved new rules to strengthen farmers' contractual position and the text of the Digital Omnibus on AI proposal amending the EU AI Act, as provisionally agreed with the Council. The Irish Presidency of the Council of the EU also published its programme, and the European Data Protection Board published a common template for personal data breach notifications for public consultation.

This week's edition of Environment weekly highlights includes analysis of the Court of Appeal refusing permission to appeal against liability findings in the Brazilian dam collapse litigation (Município de Mariana v BHP Group). Also, the King’s Speech, in which His Majesty King Charles III announced the Clean Water Bill, Energy Independence Bill and Nuclear Regulation Bill among others. In addition this week, three new decisions from the First-Tier Tribunal (FTT) on environmental information and environmental taxes, the publication of the Environment (Principles, Governance and Biodiversity Targets) (Wales) Act 2026, Biodiversity Gain Register (Amendment) Regulations 2026 and the draft Merchant Shipping (Port State Control) Regulations, and new guidelines on environmental land management (ELM), water resource planning, and coastal modelling.

This week's edition of Financial Services weekly highlights includes: PRA fines U K Insurance Limited £10.6m for Solvency II miscalculation; Commission publishes report on preparedness of EU financial sector; FATF report examines risk of offshore Virtual Service Providers; plus dates for your diary.

This week's edition of Financial Services weekly highlights includes: the FCA’s Handbook Notice 143, a joint statement reaffirming co-operation from HMT and US Department of the Treasury, plus dates for your diary.