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Priority review Rule Amended Final

ISA Regulations Amended for Long Term Asset Funds and cETNs

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Published March 9th, 2026
Detected March 9th, 2026
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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

  1. Review amendments to the Individual Savings Account Regulations 2026.
  2. Update ISA product offerings to include Long Term Asset Funds and cETNs.
  3. 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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Classification

Agency
Various
Published
March 9th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Investors
Geographic scope
National (UK)

Taxonomy

Primary area
Securities
Operational domain
Legal
Topics
Investment Funds Digital Assets

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