From T+1 to Rule 611, read for each entity.
Regulatory change management for capital markets: RegWatch reads the SEC and FINRA, ESMA and national authorities, the FCA and the SFC, and says which entity or business line a change reaches.
What a capital markets team sees
Cadenmoor, a fictional group headquartered in London, United Kingdom, runs RegWatch on its regulators. This is the alert it received for the European Securities and Markets Authority’s supervisory statement of 20 Jul 2026.
- ESMA T+1 statement: first deadline on 7 Dec 2026 for allocations and confirmations (official source, opens in a new tab)HIGH · relevance 90
- SFC: internet brokers must replace OTP logins with phishing-resistant authentication by 8 Jul 2027 (official source, opens in a new tab)HIGH · relevance 86
- FCA crypto regime: authorization window opens 30 Sep 2026 and closes 28 Feb 2027 for transitional firms (official source, opens in a new tab)MEDIUM · relevance 77
- SEC proposes to rescind the Regulation NMS trade-through rule (official source, opens in a new tab)LOW · relevance 64
Cadenmoor is fictional. The regulators and publications are real. Not legal advice.
The regulators and topics in scope
RegWatch suggests the authorities for your markets; your team decides the scope and can add any source that publishes online.
- U.S. Securities and Exchange CommissionUnited States (official site, opens in a new tab)
- Financial Industry Regulatory AuthorityUnited States (official site, opens in a new tab)
- European Securities and Markets AuthorityEuropean Union (official site, opens in a new tab)
- Financial Conduct AuthorityUnited Kingdom (official site, opens in a new tab)
- Securities and Futures CommissionHong Kong (official site, opens in a new tab)
- Hong Kong Monetary AuthorityHong Kong (official site, opens in a new tab)
- International Organization of Securities CommissionsGlobal (official site, opens in a new tab)
- European Banking AuthorityEuropean Union (official site, opens in a new tab)
- Settlement
- Post-trade
- Market structure
- Best execution
- Retail brokerage
- Cryptoassets
- Cybersecurity
- Client assets
How capital markets teams run it
T+1 settlement
ESMA’s T+1 statement sets 7 December 2026 as the first deadline for allocations and confirmations. It became a control for the EU entity, with custodian readiness tests attached as evidence.
Retail app security
The SFC’s circular 26EC35 requires phishing-resistant authentication for internet brokers by 8 July 2027. The alert names the Hong Kong app and flags that large internet brokers must comply at once.
Market structure proposals
The SEC’s proposal to rescind the Regulation NMS trade-through rule was deferred for review, with the comment deadline on the calendar and the best-execution policy named as the document to revisit.
Client and custodian agreements
RegWatch Legal reviews custodian and client agreements for settlement timing, instruction deadlines and messaging standards, one row per agreement, each cell cited. Outputs are drafts for professional review.
Questions
Do you cover US broker-dealer rules?
Yes: SEC rules and releases through the Federal Register, and FINRA regulatory notices. They sit in the same watchlist as ESMA, the FCA and the SFC, so one change program covers every entity.
Can RegWatch tell a proposal from a final rule?
Yes. Each alert is placed on the rule’s lifecycle, from Horizon and Proposal through Consultation and Adopted to In force, and carries the comment deadline or compliance date.
How fast can we start?
After the demo, the onboarding agent drafts your company profile from your website and a short brief, then suggests jurisdictions, topics and sources. Your team confirms them, invites colleagues and sets each watchlist’s schedule. The first alerts arrive after the first run, which you can start on demand.
Guides
- Horizon Scanning and FCA Expectations: What UK Firms Must DemonstrateWe found no FCA Handbook rule that names horizon scanning; the expectation is assembled from SYSC, the Principles and the Senior Manager Conduct Rules. This piece maps each anchor to the evidence a supervisor can ask for, with a 17-row checklist and the enforcement record for firms that missed changes.
- How Many Regulatory Changes Happen Per Year? The Statistics, SourcedNo single global number exists, so this page publishes the defensible ones: 2,441 US final rules in 2025, 2,575 EU legal acts, 1,120 UK statutory instruments and 61,228 regulatory events one vendor tracked worldwide in 2022, each dated and sourced.
- Regulatory Change Impact Assessment Template (With a Worked DORA Example)A six-section regulatory change impact assessment template, published in full with no sign-up wall, then filled in end to end for the DORA subcontracting RTS. It includes the fields most templates omit: instrument lifecycle status, documented out-of-scope reasoning, and evidence and validation for each obligation.
See a capital markets demo on your regulators.
Name the regulators your broker entities answer to. The demo runs on them.