Live Updates

Berne Financial Services Agreement (BFSA) Operational Direction and Guidelines for UK Insurersโ€™ Section IV Notifications

The Berne Financial Services Agreement (BFSA) is a mutual recognition agreement between the UK and Switzerland, effective from 1 January 2026. This agreement enhances cross-border market access for financial services between the two countries.

Effective Date: 1 January 2026
Insurance

Mutuals landscape report

This report has been informed by the PRA and FCAโ€™s ongoing regulation and supervision of mutuals and by direct engagement with mutuals and their trade associations in sessions around the country throughout 2025.

BankAsset ManagerWealth Manager

Deep, liquid, and transparent (DLT) assessment for January 2026 implementation

The table below shows the outcomes of the annual DLT assessment for PRA relevant currencies, which will be effective from 1 January 2026.

Effective Date: 1 January 2026
BankAsset ManagerWealth Manager