Hedgwatch Regulatory Intelligence

Financial Industry Regulatory Calendar

A curated calendar of important consultation deadlines, implementation dates and regulatory milestones affecting professional financial institutions.

Last researched and updated
Coverage period
12 September 2026–31 August 2027
Verified milestones
40
Jurisdictions and regions
11
This calendar is a curated professional information resource. It is not exhaustive and does not constitute legal, regulatory or compliance advice.

Upcoming Priority Deadlines

Selected near-term and strategically significant milestones, with priority given to Singapore, Hong Kong and the wider Asia-Pacific region.

Within 30 days

SME Customer Protection Regulation

Central Bank of the United Arab Emirates · United Arab Emirates

Compliance & Conduct Rule Commencement Final Banks and finance companies

The CBUAE rulebook records commencement of the customer-protection regulation governing licensed banks and finance companies in their dealings with small and medium-sized enterprise customers.

https://rulebook.centralbank.ae/en/view-revision-updates
View Official Source
Within 30 days

HKTR ISO 20022 Reporting Technical Specification Update

Hong Kong Monetary Authority Trade Repository · Hong Kong

Reporting & Disclosure Implementation Date Phased Implementation HKTR reporting participants

Version 1.0.4 of the HKTR ISO 20022 Administration and Interface Development Guide becomes effective in user-acceptance testing environments, supporting the continuing migration of OTC derivatives reporting infrastructure.

https://hktr.hkma.gov.hk/ContentDetail.aspx?pageName=Updated-Technical-Specifications-for-Reporting-%282026-05-19%29
View Official Source
Within 30 days

UK AIFM Regime — Other Discussion Chapters

Financial Conduct Authority · United Kingdom

Investment Management Industry Response Deadline Consultation Alternative investment fund managers

Deadline for responses to the FCA discussion chapters not covered by the extended consultation and prudential-reform deadline in CP26/28, concerning the future structure of the UK AIFM regime.

https://www.fca.org.uk/publications/consultation-papers/cp26-28-uk-aifm-regime
View Official Source
Within 30 days

Modernising Payment Services Regulation

HM Treasury · United Kingdom

Digital Assets Consultation Deadline Consultation Payment and fintech stakeholders

Consultation closes on proposals to modernise the UK payment-services framework, including regulatory architecture relevant to tokenised payments, qualifying stablecoins and wholesale payment innovation.

https://www.gov.uk/government/consultations/modernising-payment-services-regulation/modernising-payment-services-regulation-consultation
View Official Source

Draft Singapore Sustainability Disclosure Standards

Accounting and Corporate Regulatory Authority · Singapore

Sustainable Finance Consultation Deadline Consultation Companies and reporting stakeholders

Public consultation closes on draft Singapore Sustainability Disclosure Standards, including proposed SFRS S1 and SFRS S2 requirements supporting Singapore’s phased climate-reporting framework.

https://www.acra.gov.sg/news-events/news-announcements/acra-launches-public-consultation-on-sustainability-disclosure-standards/
View Official Source

Hong Kong Uncertificated Securities Market Implementation

Hong Kong Exchanges and Clearing · Hong Kong

Trading & Markets Implementation Date Final Issuers of prescribed securities and securities registrars

The uncertificated securities market implementation date takes effect. New applicants for specified prescribed securities must meet participating-securities requirements, while issuers of prescribed securities must have an approved securities registrar.

https://www.hkex.com.hk/-/media/HKEX-Market/Listing/Rules-and-Guidance/Other-Resources/Uncertificated-Securities-Market/Guide_on_USM.pdf
View Official Source

Singapore Crypto-Asset Reporting Framework Regulations

Ministry of Finance / Singapore Statutes Online · Singapore

Digital Assets Rule Commencement Final Reporting Singaporean crypto-asset service providers

Singapore’s regulations implementing the OECD Crypto-Asset Reporting Framework commence, establishing due-diligence and reporting rules for reporting Singaporean crypto-asset service providers covered by the legislation.

https://sso.agc.gov.sg/SL/ITA1947-S551-2026/Uncommenced/20260814?DocDate=20260811&ValidDt=20270101
View Official Source

Form PF Amendments — Extended Compliance Date

U.S. Securities and Exchange Commission / Commodity Futures Trading Commission · United States

Reporting & Disclosure Implementation Date Transitional Certain SEC-registered private-fund advisers

The further-extended compliance date applies to the 2024 amendments to Form PF for covered private-fund advisers, replacing the previously scheduled 1 October 2026 date.

https://www.sec.gov/rules-regulations/2026/08/s7-22-22
View Official Source

Upcoming 30 Days

Seven verified milestones fall between 12 September and 12 October 2026, inclusive.

  • UAE SME Customer Protection Regulation commences
  • HKTR ISO 20022 specification update enters UAT use
  • CBUAE Operational Risk Management Regulation commences
  • CBUAE Regulation Regarding Takaful Insurance commences
  • FCA UK AIFM discussion-chapter responses due
  • HM Treasury payment-services consultation closes
  • ESMA third-country CCP reporting consultation closes

Regulatory Calendar

Verified milestones are presented chronologically. Filters apply simultaneously to the full calendar.

September 2026

SME Customer Protection Regulation

The CBUAE rulebook records commencement of the regulation addressing customer protection for small and medium-sized enterprise customers of banks and finance companies.

Official CBUAE rulebook source

HKTR ISO 20022 Reporting Technical Specification Update

Version 1.0.4 of the ISO 20022 reporting interface specifications becomes effective in HKTR user-acceptance testing environments.

Official HKTR source

Operational Risk Management Regulation

The regulation establishing minimum requirements for comprehensive operational-risk and operational-resilience frameworks enters into force for licensed financial institutions.

Official CBUAE regulation

Regulation Regarding Takaful Insurance

The CBUAE rulebook records commencement of the revised regulatory framework applying to Takaful insurance companies.

Official CBUAE rulebook source

UK AIFM Regime — Other Discussion Chapters

Responses are due for the CP26/28 discussion chapters that are not subject to the separate extended deadline for the consultation and prudential-reform discussion.

Official FCA consultation

October 2026

Modernising Payment Services Regulation

Consultation closes on modernisation of the UK payment-services framework, including issues relevant to tokenised payments, qualifying stablecoins and wholesale payment services.

Official HM Treasury consultation

EMIR Reporting Framework for Recognised Third-Country CCP Activity

Comments are due on ESMA’s proposed harmonised reporting framework, templates and format for clearing activity conducted at recognised third-country central counterparties.

Official ESMA consultation

IRRD Draft RTS on Valuations 1, 2 and 3

EIOPA’s consultations close on proposed valuation methodologies for insurance resolution, including provisional valuations and post-resolution assessments of creditor treatment.

Official EIOPA consultation notice

UK AIFM Regime — Consultation and Prudential-Reform Responses

Extended deadline for responses to the formal CP26/28 consultation and the discussion chapter addressing potential prudential reforms for UK alternative investment fund managers.

Official FCA consultation

DGSD3 Depositor-Protection Technical Standards

Four EBA consultations close on depositor information, information exchange, client-fund protection and investment of deposit-guarantee-scheme funds under the revised framework.

Official EBA consultation

Draft Singapore Sustainability Disclosure Standards

Public feedback closes on draft Singapore standards based on IFRS S1 and IFRS S2 and intended to support Singapore’s climate-reporting and assurance roadmap.

Official ACRA consultation

November 2026

Prospectus Regulation Disclosure Guidelines Update

Comments are due on ESMA’s proposed update to its guidelines concerning disclosure requirements under the EU Prospectus Regulation.

Official ESMA consultation

Uncertificated Securities Market Implementation

The USM implementation date activates requirements concerning participating securities and the appointment of approved securities registrars for prescribed securities.

Official HKEX guide

December 2026

EU AI Act — Pre-Existing Synthetic-Content Systems

Providers of AI systems generating synthetic audio, image, video or text content that were placed on the market before 2 August 2026 must comply with Article 50(2) by this date.

Official consolidated EUR-Lex text

Net Settlement of Cash-Equity Transactions by FPIs

SEBI’s official board materials state that the approved net-settlement proposal for outright FPI cash-equity transactions is to be implemented on or before this date.

Official SEBI source

U.S. Treasury Central Clearing — Cash Transactions

The extended compliance deadline applies to eligible secondary-market cash transactions in U.S. Treasury securities under the SEC’s central-clearing requirements.

Official SEC source

January 2027

Crypto-Asset Reporting Framework Regulations 2026

The regulations implementing the OECD Crypto-Asset Reporting Framework commence, including due-diligence and reporting provisions for covered service providers.

Official Singapore legislation

Common Reporting Standard Amendment Regulations 2026

Amendments to Singapore’s CRS regulations take effect, including provisions addressing newly covered financial accounts and interactions with crypto-asset service providers.

Official Singapore legislation

FATCA International Tax Compliance Amendment Regulations 2026

Most provisions of Singapore’s 2026 amendments to the United States international tax-compliance regulations commence, including revised provisions for specified institutions and trusts.

Official Singapore legislation

NISM Certification for Compliance Officers of AIF Managers

Managers of AIFs must ensure that persons appointed as, or continuing to act as, compliance officers hold the specified NISM Series III-C certification.

Official SEBI AIF master circular

APRA Bank Capital Framework and AT1 Phase-Out Reforms

Updated prudential standards supporting removal of Additional Tier 1 capital from Australia’s bank capital framework take effect, with transitional treatment for existing instruments.

Official APRA announcement

Revised APS 330 Public Disclosure

The revised public-disclosure standard for information on capital, liquidity and risk exposures commences for covered authorised deposit-taking institutions.

Official APRA standards index

General Insurance Reinsurance Framework Adjustments

Final prudential and reporting amendments intended to facilitate access to alternative reinsurance arrangements while maintaining policyholder protections take effect.

Official APRA source

UK Basel 3.1 Final Rules

The PRA’s Basel 3.1 policy, rules, supervisory statements, reporting requirements and related restatement of retained capital legislation take effect, except for the later market-risk internal-model phase.

Official PRA policy statement

Strong and Simple Simplified Capital Regime

Phase 2 of the Strong and Simple framework introduces the simplified capital regime for qualifying Small Domestic Deposit Takers.

Official PRA policy statement

IFRS 18 Presentation and Disclosure in Financial Statements

IFRS 18 becomes effective for annual reporting periods beginning on or after this date, replacing IAS 1 and introducing new presentation and management-performance-measure disclosures.

Official IFRS Foundation source

IFRS 19 Subsidiaries without Public Accountability: Disclosures

IFRS 19 becomes available for annual reporting periods beginning on or after this date, permitting eligible subsidiaries to use reduced disclosure requirements.

Official IFRS Foundation source

Basel Framework 2027 Chapter Updates

The BCBS implementation timeline records future versions of disclosure, operational-risk, scope and risk-based-capital chapters as effective from this date.

Official BIS Basel Framework timeline

Instant Euro Payments — Non-Euro Member States Receiving Phase

Covered PSPs in Member States whose currency is not the euro must offer receipt of instant euro credit transfers and comply with the applicable instant-transfer charging requirements.

Official EUR-Lex source

February 2027

South Korea Security-Token Legislation

Amendments establishing the legal basis for issuance and circulation of tokenised securities under the Electronic Registration Act and FSCMA are scheduled to take effect.

Official Korean FSC source

April 2027

Instant Euro Payments — EMI and Payment-Institution Phase

Relevant EMIs and payment institutions in euro-area Member States must offer sending and receiving instant euro credit transfers; relevant institutions in non-euro states must offer receipt.

Official EUR-Lex consolidated regulation

May 2027

JPX ETF Margin-Loan Eligibility Transitional Deselection

ETFs entering the stated grace period and again failing the revised eligibility criteria at the 31 December 2026 examination are scheduled for deselection from issues eligible for margin-transaction loans.

Official JPX source

June 2027

U.S. Treasury Central Clearing — Repo Transactions

The extended compliance deadline applies to covered repurchase and reverse-repurchase transactions in U.S. Treasury securities under the SEC central-clearing requirements.

Official SEC source

July 2027

Structured Products Chapter 15A Transitional Compliance

Existing issuers and guarantors covered by the 12-month transition must comply with the revised issuer-eligibility, disclosure and ongoing-obligation requirements on or before this date.

Official HKEX transitional FAQ

Form PF Amendments — Extended Compliance Date

The further-extended compliance date applies to the 2024 Form PF amendments for covered private-fund advisers, replacing the previously scheduled October 2026 date.

Official SEC final rule page

Australian Sustainability Reporting — Group 3 Phase

Group 3 entities enter Australia’s mandatory climate-related sustainability-reporting regime for financial years commencing on or after this date.

Official ASIC guidance

Instant Euro Payments — Non-Euro Member States Sending Phase

Covered payment service providers in Member States whose currency is not the euro must offer the service of sending instant euro credit transfers, subject to statutory derogations.

Official EUR-Lex source

CBUAE Takaful Operational Standards

The CBUAE rulebook records the effective date for standards covering the Takaful operational model, Wakala requirements and controls for establishing Takaful insurance funds.

Official CBUAE rulebook source

August 2027

EU AI Act — Pre-Existing General-Purpose AI Models

Providers of general-purpose AI models placed on the market before 2 August 2025 must take the necessary steps to comply with the applicable EU AI Act obligations by this date.

Official consolidated EUR-Lex text

Specialist Technology and De-SPAC Temporary Modifications End

The stated three-year implementation period for temporary modifications to initial market-capitalisation and independent-investment requirements ends, subject to any subsequent official review or amendment.

Official SFC and HKEX announcement
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Professional Notice

This calendar is a curated informational resource and is not exhaustive. It is not legal, regulatory or compliance advice. Applicability varies according to entity, activity and jurisdiction, and dates or requirements may be amended, postponed or superseded. Users must consult official sources and appropriately qualified advisers. Official regulator and legislative publications remain authoritative.

Disclaimer

Hedgwatch does not determine whether any requirement applies to a particular person or organization and does not guarantee completeness or continuing accuracy. Readers must independently monitor regulatory obligations applicable to their activities. External links lead to independent official sources. Nothing on this page constitutes investment, legal, tax, regulatory or compliance advice.