PS25/1: Reforming the commodity derivatives regulatory framework

The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS25/1 to reform the regulatory framework for commodity derivatives. The document establishes new rules designed to enhance market integrity and resilience, with provisions coming into force on 06/07/2026. This regulatory update follows a consultation period that closed on 16/02/2024 and aims to modernize oversight mechanisms for commodity derivative markets.

United Kingdom

Financial Conduct Authority

Consultation opened

04/12/2023

Consultation closed

16/02/2024

Policy Statement published

05/02/2025

New rules come into force

06/07/2026