United Kingdom

Background

On 21 September 2026, the Financial Conduct Authority (FCA) published its findings (MS24/1.5) from its market study into the distribution of pure protection products to individual retail customers (the Final Report).

Launched in March 2025, the market study examined issues identified across the following areas in respect of critical…

This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on chapter 6 of CP26/28 which covers risk management.

Listen to the…

This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on chapter 7 of CP26/28 which covers liquidity risk management.

Listen…

On 23 September 2026, the Financial Conduct Authority (FCA) published its findings following a multi-firm review into money mule activity.

Background

The FCA’s findings are based on its:

  • Survey of financial services firms on suspected money mule activity.
  • Analysis of how fraud proceeds move through the financial system.

To build on the survey…

On 22 September 2026, the Bank of England (BoE) issued a consultation paper on its fees regime for recognised payment systems and specified service providers supervision 2026/27.

The consultation paper is relevant to operators of recognised payment systems and specified service providers that currently pay financial market infrastructure (FMI) supervisory fees…

This podcast mini-series on the ‘UK Asset Management Framework Reforms’ examines the FCA’s highly anticipated consultation papers published on 14 July 2026, setting out a proposed package of reforms intended to tailor requirements more proportionately for asset managers. This podcast in the series focuses on two chapters of CP26/28, chapter 11 (closed-ended investment funds trading…

The new Value for Money regime will put defined contribution (DC) arrangements under the spotlight, requiring trustees and providers to publish ratings based on investment performance, asset allocation, costs and service quality. Our latest briefing explains how the new assessment will work, what the different ratings mean in practice and the steps trustees and providers…

On 18 September 2026, a correction to the Financial Services and Markets Act 2000 (Regulated Activities etc) (Amendment) (No 2) Order 2025 (the Order) was laid before Parliament and published on legislation.gov.uk.

The correction makes minor amendments to article 2(4) of the Order, replacing “the Act” with “the 2000 Act” in two cases.