Regulatory News
FCA: Unregulated loan notes and mini-bonds
FCA has published a warning to consumers with regard to unregulated loan notes and mini-bonds. The regulator is also encouraging anyone involved in distributing or funding high-risk investments to report anything suspicious.
FCA: Product sales data – 2025
FCA has published product sales data relating to the mortgages, retail investments and pure protection sectors for 2025.
FCA: Feedback on motor finance redress scheme implementation plans
To help firms strengthen their motor finance redress plans, FCA has provided examples of good and poor practice from its review of implementation plans.
FCA: Wealth management survey report 2026
FCA’s report focuses on discretionary portfolio management and shares data and insights intended to help firms understand the market, consider their approach and raise standards. FCA emphasises that firms need to understand the regulator’s expectations clearly, use technology responsibly, maintain strong financial crime controls and ensure that their governance and oversight keep pace as they grow.
FCA: Appointments
FCA has announced the appointments of Sabina Saini and Darine Obeid as the financial services attachés for India and the UAE.
BoE: Outsourcing and competition in the banking sector – the rise of cloud service providers
This BoE working paper considers how cloud outsourcing affects competition in banking.
HoL: Financial Services and Markets Bill – progress in the Lords
This HoL Library briefing provides details of the second reading debate and matters discussed at committee stage.
PSR Panel: Annual Report 2025-26
The PSR Panel has provided a synopsis of key themes and advice during the year.
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FCA: T+1 Settlement: are firms ready for 2027?
FCA has published a blog by Jamie Bell which provides information from the regulator following engagement with participants across the market. It includes concerns about the readiness of third party providers and the buy-side sector, as well as issues relating to settlement failures.
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FCA: PS26/17: Enhancing fund liquidity risk management
Further to CP25/38, FCA has published feedback and final rules. New rules and guidance will come into force on 1 February 2027, with transitional provisions applying to some rules until 1 August 2027. It is noted that FCA will soon consult on wider liquidity proposals which will cover authorised retail funds investing in inherently illiquid assets, such as daily-dealt property funds.
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