Regulatory and Supervisory Modernisation Principles: Consultation report

While non-binding, these principles will likely shape national rulemaking and supervisory expectations. For compliance teams, the key implication is a need to assess whether current frameworks remain proportionate, risk-based, and adaptable. Firms should monitor the consultation timeline, review the proposed principles against existing governance and risk management practices, and prepare to engage with regulators.

Actions include gap analysis, updating regulatory change management, and feeding into industry responses. The principles may affect banking, investment management, insurance, capital markets, and market infrastructure, with higher relevance for cross-border and systemically important firms. Boards and CROs should consider how modernisation themes—proportionality, supervisory efficiency, digitalisation, and cross-border cooperation—align with strategic planning.

Early preparation can reduce future compliance friction and position firms as constructive contributors to global standards. RegCanary will track further developments.