The Bank of England just launched draft rules for systemic stablecoins. Here's what it means for the UK digital asset market.

1️⃣ Bank of England — Bank of England launches policy statement and draft rules on regulating systemic stablecoins
The Bank of England has officially released a comprehensive policy statement and draft rules aimed at regulating systemic stablecoins within the financial system.
This development primarily impacts digital asset issuers, payment system operators, and financial service providers utilizing digital settlement assets in the United Kingdom.
Industry participants are encouraged to examine the proposed rules as the central bank establishes a permanent regulatory regime for stablecoin-based payments.

2️⃣ European Parliament — Combating child sexual abuse: agreement on updated rules
Members of the European Parliament have reached a political agreement on updated rules dedicated to the prevention and combat of child sexual abuse.
The new regulations affect digital platform operators, telecommunications companies, and social media services that must implement enhanced detection and reporting mechanisms.
Following this agreement, the legislative text will undergo technical refinement and formal approval by both the Parliament and the Council before becoming law.

3️⃣ European Banking Authority — Annex XXXIX (Annex I - Section 21 - Disclosure of ESG risks)
The European Banking Authority has finalized Annex XXXIX which provides specific technical standards for the disclosure of environmental, social, and governance risks.
The mandate hits all credit institutions and investment firms that fall under the scope of European Union prudential disclosure requirements for ESG factors.
Financial institutions must now begin the process of aligning their internal data collection and reporting systems with these standardized disclosure templates.

4️⃣ Central Bank of Ireland — Central Bank launches consultation on evolving regulation
The Central Bank of Ireland has initiated a consultation process to discuss the future evolution of financial regulation and supervisory practices.
The consultation targets domestic banks, credit unions, and international financial entities currently authorized or licensed to operate within the Irish jurisdiction.
The findings from this consultation will inform the regulator's long-term strategy for improving reporting efficiency and the overall resilience of the Irish financial sector.

5️⃣ HM Treasury — Money Laundering Advisory Notice: High Risk Third Countries
HM Treasury has published an updated Money Laundering Advisory Notice which lists jurisdictions identified as high-risk third countries for the United Kingdom.
This guidance affects all regulated entities, including banks and professional services firms, that must comply with UK anti-money laundering and counter-terrorist financing regulations.
Compliance officers are expected to review their client portfolios immediately and apply enhanced due diligence to any business relationships or transactions involving the listed countries.

Full analysis in the attached RegNext Daily Europe Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Monday 22 Jun 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence