Ciara Watson

[co-author: Eleanor Bines] On 29 May 2026, the Financial Conduct Authority (FCA) published Handbook Notice 141, confirming a significant recalibration of the clearing threshold for commodity derivatives under the UK European Market Infrastructure Regulation (UK EMIR). The threshold under UK EMIR has been raised from EUR 3 billion to EUR 6 billion – a doubling of the previous limit – with the change taking immediate effect from 29 May 2026.

On 3 June 2026, the three European Supervisory Authorities (the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority, together the ESAs) published their first annual overview of major information communication and technology (ICT)-related incidents in the EU financial sector that occurred in 2025 (Report), drawing on the reporting mechanism established pursuant to the EU Digital Operational Resilience Act (DORA).

Katten Muchin Rosenman LLP are most popular: within Insurance and International Law topic(s) in United Kingdom On 29 May 2026, the Financial Conduct Authority (FCA) published Handbook Notice 141, confirming a significant recalibration of the clearing threshold for commodity derivatives under the UK European Market Infrastructure Regulation (UK EMIR).