FCA: “Dear CEO” letters: Implementing the Consumer Duty for closed products and services – consumer investments/asset management/all other firms
FCA’s letters set out priority issues and actions firms should be considering ahead of the 31 July 2024 implementation deadline. Specific areas include: gaps in firms’ customer data; fair value; treatment of consumers with characteristics of vulnerability; “gone-away” or disengaged customers, and vested contractual rights.
For more information
- https://www.fca.org.uk/publication/correspondence/dear-ceo-letter-implementing-consumer-duty-closed-products-services-consumer-investments.pdf
- https://www.fca.org.uk/publication/correspondence/dear-ceo-letter-implementing-consumer-duty-closed-products-services-asset-management.pdf
- https://www.fca.org.uk/publication/correspondence/dear-ceo-letter-implementing-consumer-duty-closed-products-services-all-other-firms.pdf
Last updated · 13 Mar 2026
Regulatory News - Asset Based Financing
See allFCA: UK MiFID transparency calculations
FCA has updated its webpage with the latest results of the annual transparency calculations for equity and equity-like instruments for the UK.
HMT: Joint EU-UK Financial Regulatory Forum
HMT has published a note of the meeting held on 11 March 2026. Topics included: policy and macroeconomic/financial stability outlooks; banking; digital finance; markets reform, and sustainable finance.
FCA: Board minutes
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”.
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The National Savings (Amendment) Regulations 2026/266
The SI amends the National Savings Regulations 2015 to recognise the new entry age of 18 and omits s 25(7) of the Regulations governing the number of ISAs to be opened in any financial year. (Date in force:: 6 April 2026)
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The Individual Savings Account (Amendment) Regulations 2026/248
The SA amends the Individual Savings Account Regulations 1998 to deliver the Government’s decision to allow LTAFs to be qualifying investments for a stocks and shares ISA. It also delivers the Government’s decision that cryptoasset exchange traded notes (cETNs) are to be qualifying investments for an Innovative Finance ISA. (Date in force: 6 April 2026)
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