This edition of the Technical Update covers the Parliamentary debate on carried interest, the key 2026 regulatory reforms in the updated FCA Regulatory Initiatives Grid and the Bank of England’s updated SWES private market exercises. We also highlight that the CMA is seeking views on merger efficiencies through consultation and stakeholder roundtables, the launch of the new Sustainability Committee and Taskforces as well as the Government’s updated plans on the audit market reform and more.