NXT Knowlege

Financial regulators on both sides of the Atlantic set out their thinking on AI in the same week. The Financial Conduct Authority used a 19 October speech to lay out a supervisory roadmap for AI in UK retail and wholesale finance, including plans for an "agentic finance" framework. Four days later, the SEC's Division of Examinations published its Fiscal Year 2027 examination priorities, using President Trump's preferred term for AI: "super intelligence" and treating it as an

The Financial Conduct Authority has opened a consultation on draft guidance explaining which cryptoasset activities it considers sit inside the UK's regulatory perimeter under the new regime, which starts on 25 October 2027. CP26/36 proposes updates to the FCA's Perimeter Guidance Manual to reflect two pieces of legislation: the Financial Services and Markets Act 2000, as amended by the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026, and a second stat

The Office of the Comptroller of the Currency has become the first US federal regulator to finalise its implementing rule under the GENIUS Act, the federal payment stablecoin framework President Trump signed into law in 2025. The final rule, announced 21 October 2026, sets out a licensing and supervisory framework for “permitted payment stablecoin issuers” — both banks and non-bank companies — along with custody standards for the assets backing stablecoins and requirements fo