United Kingdom

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.

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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.

On 17 September 2026, the Financial Conduct Authority (FCA) published its findings in relation to good practice and areas for improvement in payments firms’ approaches to supporting consumers in vulnerable circumstances.

Background

The FCA explains that the Consumer Duty sets a high standard for retail consumer protection and that, in light…

On 17 September 2026, the Financial Conduct Authority (FCA) published its feedback statement (FS26/2) in relation to supporting small and medium-sized enterprises (SME) access to finance.

Background

In March 2026, the FCA launched its work to understand how FCA regulation affects SME access to finance, including its impact on…

On 17 September 2026, the House of Lords Financial Services Regulation Committee (Committee) announced the launch of an inquiry into regulatory sandboxes.

The Committee have launched this inquiry to examine how regulators and firms use regulatory sandboxes and whether they are successful in driving innovation. According to Chairman of the Committee, Baroness Noakes, there has…