Looking ahead into the new year, our latest briefing note looks at key regulatory topics for 2026 that will have a significant impact on institutions operating in the UK financial services space. This includes not every single reform but those that we expect to be the most significant as well as key regulatory enforcement developments.
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 6 January 2026 although if there are any significant developments we will endeavour to provide an update.
New briefing note- Horizon scanning: UK regulatory topics to look out for in 2026
In our latest briefing note, we look at key regulatory topics for 2026 that will have a significant impact on institutions operating in the UK financial services space. We have not attempted to list every single reform expected next year but rather pick out those with the potential to be most significant, as well
FCA publishes final guidance on non-financial misconduct in financial services
On 12 December 2025, the Financial Conduct Authority (FCA) published its final guidance on non‑financial misconduct (NFM) in financial services in Policy Statement PS25/23. In summary, the FCA is:
(i) amending its Code of Conduct (COCON) sourcebook to explain how NFM can be a breach of the conduct
UKFIU publishes best practice guidance regarding SARs regime
New briefing note: Spotlight on Solicitors Regulation Authority (SRA) Guidance – Part three, guidance for employers and for governing boards and senior management
Our latest briefing forms part of a series looking in detail at the SRA’s guidance for in-house teams, issued following a thematic review of the sector, recognising the growth and importance of the in-house role and the unique pressures to which in-house solicitors can be subject. The guidance covers six topics and does not introduce
New briefing note: The Which? super-complaint to the FCA regarding home and travel insurance – an action plan for firms
In September 2025, the consumer advocacy group Which? submitted a super-complaint to the Financial Conduct Authority (FCA) setting out its concerns in relation to the poor outcomes it considers consumers are experiencing in the retail home insurance and retail travel insurance markets (the Complaint). On the basis of its research and investigations
New briefing note: FCA to become single professional services supervisor for AML/CTF – what should firms be thinking about now?
On 21 October 2025, HM Treasury published a Consultation Response providing details of responses to its 2023 consultation on the reform of the anti-money laundering/ counter-terrorist financing (AML/CTF) supervision regime and confirming that the Government has decided that the Financial Conduct Authority (FCA) should become the single professional services supervisor for
Horizon Scanning: Investigations and Enforcement
Shifting geopolitical dynamics have seen a wave of changes across the international investigations and enforcement landscape. In this edition, we focus on some of the most significant of these changes – from the issue of new cooperation guidelines by the Serious Fraud Office (SFO) to the abandonment by the Financial Conduct Authority (
FCA survey findings: Financial crime controls in corporate finance firms
On 20 October 2025, the Financial Conduct Authority (FCA) published its survey findings on financial crime controls in corporate finance firms (CFFs). The results provide insight into how CFFs mitigate the risks of financial crime that they face and the FCA has stated that it will use the survey data as