UK and US set a common direction for cross-border stablecoins
The UK and US have published shared principles for regulated stablecoins, including reserve quality, redemption, safeguarding and a future pathway for cross-border market access.
Regulatory news · SKY7 commentary
Regulatory developments that change business decisions
Significant rule changes, licensing deadlines and supervisory developments from the authorities that shape regulated financial businesses. Each brief separates the official development from SKY7's view of what operators, applicants and buyers should do next.
9 regulatory developments
Latest development
Regulatory newsroom
Latest regulatory developments
Official-source reporting with SKY7 commentary
DFSA CP173 proposes a major refresh of DIFC fund rules
The DFSA is consulting on its most significant review of the DIFC funds framework since 2010. Fund managers, administrators, custodians and new applicants should test their operating plans against the proposals before 7 September 2026.
FCA finalises UK crypto rules ahead of the authorisation gateway
The FCA has published its main final rule package for the UK crypto regime. Applications are scheduled to open on 30 September 2026, ahead of the new framework taking effect on 25 October 2027.
Bank of Canada restates the RPAA reporting calendar for PSPs
The Bank of Canada has consolidated the reporting timetable for registered payment service providers, covering incidents, operational changes, registration data, annual reports and acquisitions of control.
ASIC extends the digital-asset licensing transition to September
ASIC has extended its class no-action position for eligible digital-asset businesses to 30 September 2026 and widened the available transition paths to include authorised representative and intermediary arrangements.
Switzerland sets 1 October 2026 for its beneficial-ownership framework
Switzerland's revised Anti-Money Laundering Act and new beneficial-ownership transparency framework will take effect on 1 October 2026, when registration transition periods begin.
Hong Kong advances VA advisory and management licensing
Hong Kong has concluded consultation on dedicated virtual-asset advisory and management regimes. The proposed permissions will align with SFC Type 4 and Type 9 concepts, with legislation targeted for 2026.
The European Commission opens MiCA for its first major review
The Commission is reviewing MiCA's scope, stablecoin and CASP rules, as well as DeFi, staking, lending and NFTs. The targeted consultation remains open until 30 September 2026.
PSD3 and PSR move into the final stage of the EU legislative process
Parliament's ECON committee has approved the agreed PSD3 and PSR texts. Formal adoption remains outstanding, but payment and e-money businesses can now begin structured implementation planning.