FCA: Final Notice: Mako Financial Markets Partnership LLP
FCA has fined the firm £1,662,700 for failing to ensure it had effective systems and controls to guard against financial crime. The firm executed purported OTC equity trades on behalf of clients of the Solo Group, worth approximately £68.6bn in Danish equities and £23.6bn in Belgian equities, receiving commission of approximately £1.45m. The firm also failed to identify red flags in other instances related to the Solo Group business. FCA notes that this eighth enforcement case concludes its investigations into cum-ex trading.
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationFCA: 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.
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.