FCA: Final Notice: Monzo Bank Ltd
FCA has fined the firm £21,091,300 for its inadequate anti-financial crime systems and controls in a period between 2018 and August 2020. FCA notes that the firm also repeatedly breached a requirement imposed by the regulator preventing it from opening accounts for high-risk customers in a period between 2020 and 2022.
Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationBIS: Technical amendments – consolidated guidelines and sound practices
BIS has finalised a new section of its website that sets out a consolidated version of its guidelines and sound practices for banks and supervisors and is consulting on consequential amendments to the Basel Framework to update cross-references to refer to the relevant chapters in the consolidated guidelines. Responses are required by 21 December 2026.
FCA: Blog by Sarah Montgomery: The not-so-fine print – making consumer contracts fair
In this blog, Sarah Montgomery discusses FCA’s reviews of consumer terms, including case examples, and what FCA expects of firms with regard to consumer contracts.
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FCA: Annual Public Meeting – unanswered questions
FCA has published a document containing responses to unanswered questions from its recent Annual Public Meeting covering a wide range of topics.
FCA: New rules for the public offers and admissions to trading regime
FCA has noted that, although it had considered consulting on perimeter guidance for the public offer regime, it has decided to allow more time for the regime to bed in.
FCA: Quantum Experimentation Group
FCA has announced plans to bring together financial services firms, quantum technology providers and national research laboratories to explore how quantum computing could help tackle financial crime. The Quantum Experimentation Group, described as the first of its kind for a regulator, will initially explore how quantum machine learning could help detect money laundering and fraud. Financial services firms, quantum technology providers and national research laboratories can register their interest in joining the group by 31 December 2026. The initiative will launch in Q1 2027.