# UK financial services sector developments > Live situation record from CLSTR: https://clstr.news/situations/uk-financial-services-sector-developments > Updated: 2026-09-08T06:07:59.000Z. Sources: 4. Developments: 2. The UK financial services sector is implementing new strategies to address regulatory changes and professional shortages. Following the loss of passporting rights after Brexit, firms are developing services to support British expatriates living in the European Union. Blevins Franks launched European Client Solutions (ECS) to connect UK-based advisers with local specialists in countries such as France, Spain, Portugal, Cyprus, and Malta to manage tax and investment compliance. Similarly, AAF Financial established AAF Financial Planning Europe to provide guidance for the estimated 1.3 million British expats residing on the continent. Concurrently, the industry is focusing on professional development and workforce growth. The Future Financial Adviser (FFA) digital community has launched to assist professionals transitioning from mortgage advice into financial planning, aiming to mitigate a projected shortage of 50,000 advisers. Additionally, the London Foundation for Banking and Finance and the London Institute of Banking & Finance have introduced a chartered pathway for experienced mortgage advisers to strengthen consumer trust and recognize technical expertise. ## Timeline ### 2026-09-08: UK financial sector expands career pathways and professional designations New initiatives in the UK financial sector aim to bolster professional standards and address adviser shortages through expanded career support and new chartered pathways for mortgage professionals. 2 sources. https://clstr.news/cluster/uk-financial-sector-expands-career-pathways-and-professional-designations ### 2026-09-07: UK financial advisers launch new services for EU-based expatriates UK financial advisers are launching new referral and specialized services to support British expatriates in the EU, navigating regulatory complexities and the loss of passporting rights post-Brexit. 2 sources. https://clstr.news/cluster/uk-financial-advisers-launch-new-services-for-eu-based-expatriates --- Cite as: UK financial services sector developments. CLSTR, https://clstr.news/situations/uk-financial-services-sector-developments