Curated Intelligence · Reviewed March 2026

Compliance Radar

Global financial regulatory landscape — active mandates, upcoming deadlines, and enforcement priorities across major jurisdictions.

US EU UK APAC
Next Critical Deadline EU AI Act — GPAI Model Obligations
DAYS REMAINING

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🇺🇸 Active
United States
SEC · Fed · CFPB · OCC · CFTC
8
Active
3
Upcoming
2
Consult.
🇪🇺 High Activity
European Union
ECB · ESMA · EBA · EIOPA
10
Active
4
Upcoming
2
Consult.
🇬🇧 Reforming
United Kingdom
FCA · PRA · Bank of England
6
Active
3
Upcoming
1
Consult.
🌏 Evolving
Asia Pacific
MAS · HKMA · JFSA · APRA
5
Active
2
Upcoming
3
Consult.

Priority Spotlight

Highest systemic impact, current period
EU In Force
Digital Operational Resilience Act
DORA · Effective Jan 17, 2025

Mandates ICT risk management, incident reporting, and third-party oversight for all EU financial entities. Penalties up to 1% of global daily turnover.

SYSTEMIC IMPACT: CRITICAL
EU Phased
EU Artificial Intelligence Act
AI Act · Phased 2025 – 2027

World's first comprehensive AI regulation. Classifies credit scoring, fraud detection, and robo-advisory as high-risk. GPAI obligations active Aug 2025; full scope Aug 2026.

SYSTEMIC IMPACT: CRITICAL
Global In Force
Basel III Final Rules
BIS / Basel Committee · Jan 2025

Revised standardised approaches for credit, market, and operational risk. Output floors and revised CVA framework significantly increase capital requirements for major banks globally.

SYSTEMIC IMPACT: HIGH

DORA, the EU AI Act, and Basel III are hitting simultaneously. Most firms are managing each in isolation — and falling behind on all three.

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Active Developments

Regulatory Developments

US In Force Open Banking
CFPB Section 1033 — Open Banking Rule
Effective Oct 2025 · CFPB

Requires financial institutions to provide consumers with access to their financial data through standardised APIs. Phased compliance: large banks first, smaller institutions by 2030.

EU In Force Crypto / DeFi
Markets in Crypto-Assets (MiCA)
Full Application Dec 2024 · ESMA

Comprehensive crypto-asset regulatory framework covering CASPs, stablecoins, and asset-referenced tokens. First pan-EU licensing regime for crypto service providers.

UK In Force Consumer
FCA Consumer Duty
In Force Jul 2023 (ongoing) · FCA

Sets higher standards for consumer protection. Firms must demonstrate good outcomes across products, price-value, consumer understanding, and support. Annual board sign-off required.

APAC In Force Digital Assets
MAS Digital Token Services Regime
Active 2024–2025 · MAS Singapore

Expanded licensing for digital token service providers under the Payment Services Act. Includes stablecoin issuers and DPT exchanges operating in Singapore.

EU In Force Derivatives
EMIR REFIT — Reporting Update
Effective Apr 2024 · ESMA

Updated OTC derivatives reporting framework with revised data fields, ISO 20022 standard adoption, and expanded counterparty identification requirements. Reconciliation tolerance rules revised.

US Proposed AI / Tech
SEC AI Governance Framework
Expected Final Rule Q3 2026 · SEC

Proposed rule requiring broker-dealers and investment advisers using AI to document conflicts of interest, establish governance frameworks, and disclose AI-driven recommendations to clients.

UK Active DLT / Securities
Digital Securities Sandbox
Launched Jan 2024 · FCA + BoE

Five-year programme allowing firms to issue, trade and settle digital securities using distributed ledger technology within a modified regulatory perimeter. First live entrants 2025.

EU Proposed Open Finance
Financial Data Access (FiDA)
Framework Expected Q4 2026 · EC

Extension of open banking to broader financial data including insurance, investments, and pension products. Establishes financial data sharing schemes with permissioned access APIs across the EU.

US Active Climate / ESG
Federal Reserve Climate Risk Principles
Active · Federal Reserve

Large bank organisations required to incorporate climate-related financial risks into governance, scenario analysis, and risk management. Pilot scenarios published; supervisory expectations escalating in 2026.

APAC Active Digital Assets
HKMA Digital Asset Policy Framework
Active 2024–2025 · HKMA

Hong Kong positioning as a regulated digital asset hub. VASP licensing, tokenised bond frameworks, and stablecoin issuer consultation all progressing simultaneously.

UK Ongoing Wholesale
Edinburgh Reforms — FS Competitiveness
Ongoing implementation · HM Treasury

Broad regulatory reform package to enhance UK financial services competitiveness post-Brexit. Includes Solvency II replacement, PRIIPs reform, and updated MiFID equivalents under FSMA 2023.

Global Active FinTech
BIS Project Nexus — Cross-Border Payments
Live 2025 · BIS Innovation Hub

Multi-country instant payment interlinking framework now live across Singapore, Malaysia, India, Philippines, and Thailand. ISO 20022 compliance required for participating banks.

Compliance Calendar

Upcoming Deadlines

Days remaining from today
9 upcoming deadlines tracked

"Which of these deadlines directly affect your firm?"

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What's Coming

Regulatory Timeline

Jan 2025 — End 2026

Regulatory Activity by Domain

Critical High Moderate
🤖
AI in Finance
Critical
EU AI Act, SEC AI Rule, JFSA Guidelines
Digital Assets
Critical
MiCA, SEC Digital Framework, MAS, HKMA
🛡
Op. Resilience
High
DORA, UK Operational Resilience, APRA CPS
🔓
Open Banking
High
CFPB 1033, FiDA, PSD3, UK CDR
🏦
Banking Capital
High
Basel III, FRTB, CRR3, US NPR
🌿
ESG / Climate
Moderate
CSRD, Fed Climate Principles, ISSB
📊
Securities Trading
Moderate
T+1 settlement, MiFID revisions, EMIR
Payments / FMI
High
Nexus, CBDC pilots, PSD3, ISO 20022
🤖
AI in Finance — Status: Critical
If your models aren't auditable and decision logic isn't documented, you're already behind the EU AI Act threshold.
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The Enforcers

Key Regulatory Bodies

SEC High Activity
US Securities & Exchange Commission
AI governance rule, digital asset framework, crypto exchange oversight
Federal Reserve Moderate
US Central Bank
Climate risk, CBDC research, bank capital requirements, stress testing
CFPB High Activity
Consumer Financial Protection Bureau
Section 1033 open banking, AI in lending, BNPL oversight
ECB High Activity
European Central Bank
Digital euro (e-EUR), climate stress tests, bank supervision
ESMA High Activity
European Securities Markets Authority
MiCA implementation, EMIR, AI Act enforcement, DORA oversight
FCA High Activity
Financial Conduct Authority (UK)
Consumer Duty, digital sandbox, crypto registration, Edinburgh Reforms
BIS / BCBS Moderate
Bank for International Settlements
Basel III final rules, crypto asset exposure standards, Project Nexus
MAS Active
Monetary Authority of Singapore
Digital token services, stablecoin framework, Nexus, AI governance principles
Disclaimer

Compliance Radar is a curated intelligence summary for informational purposes only. Regulatory landscapes change frequently — verify all information against primary sources before making compliance decisions. Not legal or regulatory advice. Last reviewed March 2026.

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