On 15 July 2025, HM Treasury (HMT) published a Policy Note on Targeted Support.
As part of their joint review of the regulatory boundary between financial advice and guidance, the government and the Financial Conduct Authority (FCA) are moving forward with a proposal for a new regime – targeted support.
On 15 July 2025, HM Treasury (HMT) issued a consultation which sets out the findings and proposed reforms following the Economic Secretary’s Review of the Financial Ombudsman Service (FOS).
Background
Earlier this year the government announced in its Regulation Action Plan that the Economic Secretary to the Treasury would conduct a
On 15 July 2025, HM Treasury (HMT), the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) each published consultation papers (CPs) setting out reforms to the Senior Managers and Certification Regime (SM&CR).
In December 2022, the government announced that HMT, the FCA and
On 11 July 2025, the Financial Conduct Authority (FCA) published an Open Finance Sprint 2025 Outcomes report.
Background
As set out in the FCA’s Strategy 2025, open finance is a key priority for the next five years.
The FCA held an Open Finance Sprint in March 2025 which brought together over 110
On 9 July 2025, the Prudential Regulation Authority (PRA) released a statement on its review of the loan-to-income (LTI) ratio requirements.
Following the Financial Policy Committee’s (FPC) recommendation, the PRA is reviewing the LTI ratio requirements and is offering a modification by consent to disapply the relevant Part of
In this podcast Matthew Gregory, Haney Saadah and Janna Garcia discuss the Financial Conduct Authority’s recent multi-firm review of risk management and wind-down planning
at e-money and payments firms alongside the regulator’s Dear CEO letter from earlier this year which outlined the FCA’s priorities for payments firms.
Listen to this episode here.
On 8 July 2025, the Prudential Regulation Authority and the Financial Conduct Authority jointly released a policy statement (PS11/25) providing feedback to the proposed amendments to the PRA Rulebook and FCA Guidance concerning the de minimis threshold for the loan to income (LTI) flow limit in mortgage lending, as consulted on
In the second podcast of our new mini-series covering UK cryptoasset regulation Jonahan Herbst, Hannah Meakin and Matthew Gregory discuss the key features of qualifying stablecoins.
Listen to the episode here.
In this latest issue of Regulation Around the World we look at how regulators are developing their proposals for Open Finance, asking six key questions in the following jurisdictions: United Kingdom, United States, Canada, EU, Luxembourg, France, Italy, Poland, Hong Kong, China, UAE, Australia and South Africa.
Read the issue here.