On 24 February 2026, the Financial Conduct Authority (FCA) published a webpage introducing nine annual Regulatory Priorities reports (the Reports) to replace its portfolio letters.
Each Report outlines the FCA’s priority areas of focus for a given sector and the regulator’s further relevant work to be undertaken in the next year. The FCA mentions that the following Reports will help firms better understand their expectations while supporting innovation and ultimately deliver improved outcomes for consumers.
The following Reports outlined in its update that are relevant to firms within financial services include:
- Insurance report to be published on 24 February 2026
- Consumer investments report to be published in March 2026
- Pensions report to be published in March 2026
- Retail banking and mortgages reports to be published in March 2026
- Consumer finance report to be published in March 2026
- Wholesale buy-side and wholesale markets reports to be published in March 2026
- Payments report to be published in March 2026
The FCA notes that firms will need to consider which priorities and recommendations apply to them based on their business model, including other business lines that could be included in other Reports. The FCA has noted that it may add new workstreams or deprioritise planned workstreams in response to market events or emerging risks.