MiFID 2 Key Changes For Investor Protection

This comprehensive weekly roundup examines critical regulatory developments affecting UK financial services, from the FCA's new non-financial misconduct regime to inheritance tax changes for pension pots and emerging risks in the private credit market. The analysis covers enforcement actions, cybersecurity challenges posed by frontier AI, and supervisory reviews of unclaimed Child Trust Funds, providing essential insights for financial services professionals navigating an evolving regulatory landscape.

On 14 July 2026, HM Treasury published its long-awaited consultation on modernising the UK’s payment services and electronic money regulatory framework. The consultation is part of the Government’s National Payments Vision agenda, which aims to ensure that the UK has a trusted, world-leading payments ecosystem delivered on next generation technology, while preserving choice for consumers and businesses.

The Financial Conduct Authority has released a comprehensive package of regulatory updates and findings covering investment management, wealth management, and consumer protection. Key developments include reforms to MiFID costs and charges disclosures, remuneration code changes, AIFM regime overhauls, and detailed reviews of firms' Consumer Duty compliance, financial crime controls, and governance frameworks.

The FCA's Consumer Duty consultation CP26/23 proposes clarifications on how firms should support vulnerable customers, maintaining core protections while introducing more proportionate, risk-based approaches tailored to each firm's role in the distribution chain.

English law-governed intercreditor agreements increasingly feature distressed disposal provisions that enable liability management exercises with non-pro rata outcomes for equally-ranked creditors.

The FCA's Mortgages and Open Finance Policy Sprint brought together 80 stakeholders to explore how open finance could transform mortgage journeys in practice. The sprint identified that access to more data alone won't solve market challenges - success depends on whether data can be treated as trusted evidence, supported by proper infrastructure, accountability arrangements, and participation from key organizations. Critical questions emerged around liability for incorrect shared data, advice boundaries for

The Advisers' Sustainability Group has released comprehensive guidance aimed at helping financial advisers navigate the evolving sustainable finance landscape and build their capabilities in advising on products with sustainability claims. This practical resource comes amid significant regulatory developments, including the FCA's introduction of Sustainability Disclosure Requirements in 2024, marking a pivotal moment for the advice sector's approach to sustainable investment.

Cross-border lending in the mid-market presents unique challenges that require careful planning and attention to detail. What are the critical legal and structural considerations that lenders and borrowers must address early in the transaction process to ensure successful international financing arrangements?

This monthly bulletin provides a comprehensive overview of the latest regulatory developments affecting financial services across the UK, EU, and US. From new FCA guidance on high-growth firms and wealth management to SEC proposals on crypto asset frameworks and CFTC initiatives on prediction markets, the update covers critical changes impacting asset managers, banks, insurers, and securities firms.

In this edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions.

India's digital economy faces transformative regulatory changes as authorities establish comprehensive frameworks for AI governance, telecommunications authorization, and fintech operations. How will these sweeping reforms reshape technology deployment, payment systems, and data protection across the insurance, banking, and judicial sectors?

The Public Law Practice Group at Dentons Link Legal presents this edition of the Environment Law Newsletter, highlighting recent legal and regulatory developments shaping India’s environmental landscape. As concerns over environmental degradation continue to intensify, this issue examines key ecological and compliance challenges across industries with significant environmental footprints, alongside broader developments in pollution control, conservation, and sustainable resource governance

This comprehensive newsletter examines recent regulatory developments across India's labour, corporate, environmental, and industry-specific legal frameworks. From new contribution rates for pension and provident funds to groundbreaking rules on electric vehicles and medical device software, the update covers critical compliance changes affecting businesses and employers. The newsletter also details state-level labour code implementations, amendments to e-commerce FDI policy, and environmental regulations t

Cross-border private M&A in the mid-market between the UK and the US is common, but UK buyers, particularly those acquiring a US target for the first time, should be aware of meaningful differences in deal practice, regulatory requirements, and legal frameworks.

India's life sciences regulatory landscape in July 2026 saw major developments across pharmaceuticals, medical devices, and healthcare regulation. Key changes included the draft National Pharmacy Commission Bill proposing to replace the 80-year-old Pharmacy Act, CDSCO's final guidance on Medical Device Software establishing clear market access pathways, and stricter controls on high-alcohol oral formulations under Schedule H1.

The Building Safety Levy (Scotland) Act 2026 (the Act) forms part of the Scottish Government's response to building safety concerns following the Grenfell Tower fire. The Act introduces a new devolved tax on residential developments in Scotland with revenues supporting the assessment and remediation of buildings with external wall cladding.

India's GIFT IFSC continues its evolution as a global financial hub through July 2026, with significant regulatory reforms spanning banking, capital markets, fund management, and cross-border services.

India's regulatory landscape witnessed heightened enforcement activity in July 2026, with the Enforcement Directorate executing major asset attachments exceeding ₹20,000 crore in high-profile cases...

The global IP ecosystem is experiencing record-high filings and AI-driven innovation, with pivotal rulings addressing copyright protection for AI training, trademark enforcement across digital platforms, and patent disputes involving standard-essential technologies. From India's first substantive finding on AI training and fair use to landmark settlements in U.S. copyright litigation, courts worldwide are shaping how intellectual property law adapts to emerging technologies and evolving regulatory prioritie

The Competition Commission of India issued multiple antitrust enforcement orders in June 2026, investigating exploitative practices in beauty pageants, penalizing truck associations for price-fixing in Odisha's mineral transport sector, and closing a long-standing pharmaceutical distribution case. The Commission also approved numerous mergers and acquisitions across infrastructure, energy, consumer goods, and technology sectors while addressing allegations of abuse of dominance in real estate, airport trans