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ARTICLE · 02 JUNE 2026

FinTech Global FS Regulatory Round-up - W/e 22 May 2026

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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In this edition we round up FinTech-related financial services regulatory developments for the week ending 22 May 2026.

United StatesTechnology
Chris Ninan
Chris Ninan
Jon Ford
Jon Ford
Cat Dankos
Cat Dankos
Rashid Ahmed
Rashid Ahmed
Oliver Hoong
Oliver Hoong
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Global

BCBS meeting: ICT risk management, cryptoasset prudential standard, updates to liquidity risk principles

The Basel Committee on Banking Supervision (BCBS) has published a summary of its meeting held on 19 and 20 May 2026 in Basel to discuss a range of issues including: the outlook for financial stability; digitalisation; cryptoassets; liquidity; macroprudential policy; and the financial risks associated with extreme weather events.

On digitalisation, the BCBS agreed to publish a report on a range of information and communication technology (ICT) risk management approaches to non-malicious incidents. It also discussed the feedback received to its consultation on machine-readable Pillar 3 disclosures, and agreed that an update on this work

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