On 10 December 2025, the Financial Conduct Authority (FCA) published its letter (dated 9 December 2025) to the Prime Minister providing an update on its approach to growth.
Growth is a cornerstone of the FCA’s strategy to 2023 and in addition to the steps that the FCA has already taken, the letter sets
On 21 July 2025, the Bank of England and the Financial Conduct Authority issued a joint statement confirming that their Memorandum of Understanding on supervising financial market infrastructure continues to be effective with appropriate coordination and no material duplication.
On 26 June 2025, the Financial Conduct Authority (FCA) published a speech by its Chief Executive, Nikhil Rathi. The speech is entitled What king of market do we want to be?
Among other things Mr Rathi touches on the criticism that the FCA has faced for being too risk adverse and this is
On 24 June 2025, the Financial Conduct Authority (FCA) published a new web page stating that its Memorandum of Understanding (MoU) with the Bank of England, Prudential Regulation Authority and Payment Systems Regulator had been updated. The MoU sets out the high-level framework that the regulators use to cooperate with one
On 10 April 2025, the Financial Conduct Authority announced that Nikhil Rathi had been reappointed as its chief executive.
On 17 January 2025, the FCA published its response to a letter from the Prime Minister which was sent along with the Chancellor’s recommendations on growth.
The letter describes certain planned reforms under three headings: (i) unlocking capital investment and liquidity (ii) accelerating digital innovation to enhance productivity and (iii) reducing the regulatory burden. In
On 10 January 2025, the Prudential Regulation Authority (PRA) published the 2024 Annual Report of its Cost Benefit Analysis (CBA) Panel.
The CBA Panel is a statutory panel established to provide advice to the PRA and the Bank of England (BoE) on the preparation of CBAs. Since 1 August
On 10 January 2025, the Financial Conduct Authority, Prudential Regulation Authority and Bank of England jointly published Consultation Paper 25/1 ‘Financial Services Compensation Scheme – Management Expenses Levy Limit 2025/26’ (CP25/1).
In CP25/1 the regulators set out proposals for the Management Expenses Levy Limit (MELL) for the Financial Services Compensation Scheme
On 15 November 2024, the Government published the new growth-focused remit letters to the FCA, Prudential Regulation Committee, Financial Policy Committee, and the Payment Systems Regulator. These letters were mentioned in the Mansion House speech.