Synthetic Financial CentreInclude AI governance principles in the Joint Standard on Culture and Governance with a financial sector focus.Develop a national green finance classification systemExtension of market abuse rules to new asset classes as part of market integrity reforms.New requirements for cybersecurity resilience, eg, all financial institutions to adopt robust cybersecurity, risk management and incident response frameworksComprehensive review and overhaul of the regulatory framework for the distribution of funeral insuranceCorporation for Deposit Insurance (CODI) – Provision for protection in event of bank failure in March 2023; Provisions for collecting premiums effective from 1 April 2024Move to new benchmark rate for money markets by phasing out JIBAR benchmark rate.Two-pot system/early access to retirement fundsUnclaimed assets.
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