FINANCE SECTOR CALENDAR
At Shapes First, we draw on deep domain knowledge and over 250 years of collective experience as ex-industry practitioners and seasoned consultants. We constantly have our ears to the ground to bring you all the updates on new legislation, regulation and other milestone dates of interest to the finance sector. Please get in touch if you have any questions or comments, require some advise and assistance, or indeed know of any other dates you feel are worth adding to the calendar.
17/01/25
Region: EU
Legislation
Digital Operational Resilience Act (DORA)
Agreed by EU parliament in November 2022, for adopting within EU member states, and with an implementation period of 24 months.
01/04/23
Region: UK
Regulation
Money Laundering and Terrorist Financing
Regulation 9 (reporting of material discrepancies) and regulations 16 and 17 (amendments to primary legislation).
31/07/23
Region: UK
Regulation
FCA - Consumer Duty
Firms required to implement the rules for open product and services by this date.
01/09/23
Region: UK
Regulation
Money Laundering and Terrorist Financing
Regulation 5 (crypto asset transfers).
31/12/23
Region: UK
Other
BREXIT - UK Temporary Permissions Regime
BREXIT - End of UK temporary permissions regime in financial services.
2023*
Region: UK
Legislation
Financial Services and Markets Bill
Once agreed in parliament, the PRA and FCA will publish associated rules and guidance.
31/07/24
Region: UK
Regulation
FCA - Consumer Duty
Firms required to implement the rules for closed books of business by this date.
31/03/25
Region: UK
Regulation
PRA & FCA - Operational Resilience
Deadline for implementing all aspects of the Operational Resilience regulation.
*DATE TO BE CONFIRMED