United Kingdom

Updated Outsourcing and Third-Party Risk Management Guidance for Payment System Operators

The Bank of England has updated its supervisory statement on outsourcing and third-party risk management for recognised payment system operators (RPSOs) and specified service providers (SSPs). This revised guidance clarifies definitions, risk management expectations, and reporting requirements, taking effect on March 18, 2027.

Updated Outsourcing and Third-Party Risk Management for CSDs

The Bank of England has updated its supervisory statement on outsourcing and third-party risk management for Central Securities Depositories (CSDs). The revisions clarify definitions, risk management expectations, and reporting requirements under the IOREP rules, taking effect on March 18, 2027.

Revised Supervisory Statement on Outsourcing and Third-Party Risk Management for CCPs

The Bank of England has published a revised supervisory statement on outsourcing and third-party risk management for central counterparties (CCPs). This update provides specific guidance on interpreting definitions, managing risks, and meeting reporting requirements under the IOREP rules, taking effect on March 18, 2027.

Bank of England Publishes FMI Reporting Rules and Consultation

The Bank of England has published new operational incident and outsourcing and third-party reporting (IOREP) rules for financial market infrastructures (FMIs), effective March 18, 2027. A related consultation seeks to revoke a duplicative rule for CCPs, with comments due by June 18, 2026.

Bank of England Operational Resilience Incident Reporting Guidance

The Bank of England has published Supervisory Statement SS1/26, outlining expectations for firms reporting operational incidents. This guidance, effective March 18, 2027, aims to enhance the operational resilience of the UK financial sector by ensuring consistent reporting of incidents that could impact financial stability.

Bank of England Supervisory Statement on FMI Operational Incident Reporting

The Bank of England has published a supervisory statement providing guidance on operational incident reporting for Financial Market Infrastructures (FMIs). This guidance, effective March 18, 2027, clarifies definitions, thresholds, and reporting procedures through the FCA Connect platform.

FCA AI Form Builder Proof of Concept Contract

The Financial Conduct Authority (FCA) has awarded a contract to Kainos Software Ltd for an AI Form Builder Proof of Concept. The contract value is £79,950 and is scheduled to run from February 25, 2026, to March 31, 2026.

Contract Awarded for Void Properties Refurbishment in London

The London Borough of Haringey has awarded a contract for the refurbishment of 5 void properties. The contract, valued at £653,694.47 excluding VAT, covers general re-wires, new kitchens and bathrooms, redecoration, and external works. This notice serves as a contract award notification.

Cheshire West and Chester Council Befriending 2026 Contract Notice

Cheshire West and Chester Council has published a contract notice for a Befriending service for Older Adults, valued at £100,000. The contract is awarded to Snow Angels CIC and will run from April 1, 2026, to March 31, 2027, with a possible one-year extension.

UK Health Security Agency Contract Modification for Fungitell Kits

The UK Health Security Agency has issued a modification notice (Variation 7) for a contract concerning the provision of Fungitell kits, pipettes, and assay plates. This notice updates details related to an existing contract awarded in February 2026.