ISA Regulations Amended for Long Term Asset Funds and cETNs
Summary
HM Revenue & Customs has amended the Individual Savings Account Regulations 2026 to allow investments in Long Term Asset Funds and cryptoasset exchange traded notes (cETNs) within ISAs. These changes aim to extend investor choice while managing risks associated with digital finance.
What changed
HM Revenue & Customs has published amendments to the Individual Savings Account Regulations 2026, effective March 9, 2026. The key changes permit individuals to invest in Long Term Asset Funds within stocks and shares ISAs and Junior ISAs. Additionally, the regulations allow investments in cryptoasset exchange traded notes (cETNs) in a risk-managed manner, and cETNs held in Junior ISAs before April 6, 2026, may remain in the account.
These amendments expand investment options for ISA holders, particularly in emerging asset classes like digital finance. Regulated entities, such as ISA providers, will need to update their systems and product offerings to accommodate these new investment types. While no specific compliance deadline is mentioned beyond the effective date of the regulations, firms should ensure their processes align with the new rules to offer these investment opportunities to their clients.
What to do next
- Review amendments to the Individual Savings Account Regulations 2026.
- Update ISA product offerings to include Long Term Asset Funds and cETNs.
- Ensure risk management processes are aligned with new regulations for digital assets.
Source document (simplified)
Policy paper
Amendment to Individual Savings Account Regulations 2026
This tax and information note is about changes introduced by the Individual Savings Account (Amendment) Regulation 2026.
From: HM Revenue & Customs Published 9 March 2026 Get emails about this page
Documents
Individual Savings Account (Amendment) Regulation 2026
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Details
The measure will allow:
- individuals who wish to invest in Long Term Asset Funds to do so in a stocks and shares Individual Savings Account (ISA) or Junior ISA
- individuals who wish to invest in cryptoasset exchange traded notes (cETNs) to do so in a way which extends investor choice but manages risk responsibly by recognising the evolving nature of digital finance and the market
- cETNs which were held in a Junior ISA prior to 6 April 2026 to remain within the account
Updates to this page
Published 9 March 2026
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