The 2025 regulatory timeline for the financial industry outlines key milestones in areas such as digital assets, ESG compliance and others, marking a year of transformative updates and increased oversight.”

“2025 marks a pivotal year for EU financial market regulation, with significant updates aimed at enhancing transparency, strengthening risk management, and fostering innovation while addressing emerging challenges in digital finance and sustainability.”

Supervisory:

1 Jul – EBA consult on draft technical advice concerning AML/CTF framework

1 Jul – Establishing AMLA, the EUs new Anti Money Laundering Authority

Funds:

2025: ESMA developing regulatory technical standards on AIFMD II

2025 – ESMA will publish report on disclosures of sustainability risks

Cryptocurrencies and digital assets:

30 Jun – Comission needs to propose prudential treatment for cryptoassets for CRR III (Art. 501d)

ESG:

21 May – Deadline for existing funds to comply with ESMA’s guidelines on fund names using ESG or sustainability-related terms

Mid 2025 – Potential L1 SFDR review

Retail Investment Strategy

Q1 – Trilogues on EU Retail Investment Strategy

Q4/ 2025 – Implementation of  the EU Retail Investment Strategy

“2025 ushers in a transformative phase for UK financial market regulation, focusing on bolstering resilience, fostering innovation, and adapting to evolving challenges in digital finance and sustainability post-Brexit”

Funds:

Q2/2025 – New retail investor disclosure regime for CCIs expected

Cryptocurrencies and digital assets:

H1 2025 – HMT draft legal provisions for cryptoassets to be consulted by FCA

ESG:

2 Apr – End of FCAs temporary extension. Firms mus fully comply with the naming & marketing rules

Mid 2025 – Potential L1 SFDR review

2 Dec – SDR entity level reporting for large Asset Managers with an AuM exceeding 50 bn GBP