Insights on Banking & Finance
Regulatory News - Banking & Finance
See allFurther to CP14/25, this PS provides feedback and final policy. The policy in this PS will take effect on 1 April 2026.
FCA has now published the minutes of its 29 January 2026 board meeting. It is stated that “the Board observed the positive outcomes achieved by driving change through outcomes-focused supervisory activity rather than relying solely on rules”.
For more information
FCA has updated its webpage with the latest results of the annual transparency calculations for equity and equity-like instruments for the UK.
FCA’s first annual regulatory priorities report for the mortgages sector sets out its priorities for the coming year: improving consumer outcomes under the Mortgage Rule Review; encouraging responsible lending and supporting mortgage borrowers in financial difficulty, and ensuring the quality of advice. The report also notes other areas of focus. FCA has included an indicative timeline for specific workstreams, including details of the Mortgage Rule Review.
For more information
This FCA review has found that weaknesses in some firms’ practices could put borrowers, particularly those consolidating debt, at increased risk of financial harm. Although it found examples of good practice across the sector, the review raised a number of concerns, including: affordability assessments that appeared to overlook key living expenses; advice that steered customers towards debt consolidation when it was not clear if it was appropriate; inadequate record keeping, and unclear fees.
Dive deeper
All Publications
All Legal Updates
All Regulatory News
All News
All Events
All Videos
All Podcasts
Antitrust, Competition & Trade
Banking & Finance
Commercial
Corporate
Dispute Resolution
Employment, Labour & Pensions
Environment
Financial Services & Regulation
Intellectual Property
Legal Services Unit
Public Procurement
Real Estate
Construction & Engineering
Consumer Products
Energy & Climate Change
Funds
Hospitality, Travel & Leisure
Infrastructure & Projects
Insurance
Life Sciences & Healthcare
Private Equity
TMT - Technology, Media & Telecommunications
Local market knowledge. Global outlook
We provide future-facing legal advice to help your organisation thrive. Combining local market knowledge and a global perspective, and with lawyers in locations worldwide, your organisation benefits from the expertise it needs, even across borders.
About CMS