The Bank of England has published its 2027 Monetary Policy Committee (MPC) calendar, with eight announcement dates running from February through December 2027. The calendar will anchor rate-sensitive planning, treasury, and market-risk activity. The Bank also confirmed that historical MPC transcripts and staff inputs for all 2018 meetings will be released on 7 January 2027.
Commissioner Peirce opened an SEC roundtable on 24-hour trading by noting that US equity infrastructure is moving decisively toward a 23-hour, five-day trading week. The speech is not a rule, but its questions signal likely areas for future guidance or rulemaking: best execution, supervision, issuer disclosure, and EDGAR timing. Compliance teams should begin preparing now, ahead of the December 6, 2026 SIP launch.
De Nederlandsche Bank (DNB) has kept the Dutch countercyclical capital buffer (CCyB) at 2%, concluding that cyclical systemic risks are neither particularly high nor particularly low. No change in capital requirements is required for Dutch exposures. Compliance and capital planning teams should note that the next quarterly review takes place in the fourth quarter of 2026.
The Bank of England's Monetary Policy Committee voted 6-3 to hold Bank Rate at 3.75%, with three members favoring an increase to 4% because of energy-driven inflation risks. The Committee also unanimously approved a multi-year plan to reduce its gilt holdings to zero. Compliance and risk teams should treat this as a signal of a possible tightening bias and a continued balance sheet runoff, with implications for interest rate, liquidity, and conduct risk.
The FCA published findings from its consumer vulnerability review of payments and e-money firms. It found that the best outcomes came from firms that understood their customers and tested whether their support worked in practice, rather than relying on policies alone. Compliance teams should treat this as a supervisory signal that firms need evidence of good outcomes for customers in vulnerable circumstances, regardless of firm size.
The SEC Division of Trading and Markets received a no-action request from Alpaca Securities LLC. The request concerns a "zero cash balance" brokerage model in which customer cash is held in external MSB or bank accounts, and it seeks relief under Exchange Act Section 15(c)(3) and Rule 15c3-3(j)(2). The document provided contains the Division's letter header and recital of the request, but the operative staff position is not visible. Compliance teams should treat the conditions described as a likely template, and should not rely on them as confirmed relief until the full response is reviewed.
Germany's Federal Cartel Office has issued a preliminary competition law assessment against PayPal, raising concerns that the company's restrictions on merchant surcharges may protect it from cheaper payment services and contribute to higher retail prices.
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