FCA: First Supervisory Notice: BeAccount Ltd
FCA has published this First Supervisory Notice (dated December 2025) which sets out a number of requirements on the firm, which has been prohibited from carrying out any e-money/payment services and ordered to return relevant funds. FCA states that it is not satisfied that the firm has the operational effectiveness and adequacy required to be able to identify, manage, monitor and report the risk of its business being used to facilitate financial crime.
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Last updated · 13 Mar 2026
Regulatory News - Financial Services & Regulation
See all Regulatory News - Financial Services & RegulationPSR: CP26/3: Regulatory framework for access to payment systems
In light of the plans for the transfer of PSR’s responsibilities to FCA, PSR is consulting on proposals to update the regulatory framework for access to payment systems. These proposals include the updating of PSR General Direction 2 and relevant PSR guidance, as well as the revocation of General Direction 3. Responses are required by 10 December 2026.
FOS: HoL Financial Services Regulation Committee follow-up
The Committee has published the text of a letter from James Dipple-Johnstone following a recent hearing in which he provides further details on points raised, including complaints relating to premium pricing and claim declines in home and travel insurance
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BIS: G=SIBs
BIS is consulting on whether to incorporate its previously agreed treatment of cross-border exposures within the European Banking Union into the G-SIB framework . Responses are required by 14 January 2027. BIS has also finalised amendments to address “window dressing” behaviour - banks will be required to report and disclose indicators used to calculate G-SIB scores based on average values over the reporting year, rather than year-end values. BIS is raising the G-SIB reporting and disclosure threshold from €200bn to €350bn in leverage ratio exposure measure – this will be implemented from 1 January 2027.
TSC: Work of FCA
TSC has published a transcript of the meeting held on 13 October 2023 attended by Nikhil Rathi, Jessica Rusu and Johann Sekora. Topics include: the Mills Review; the critical third parties regime; market abuse; insurance; financial advice; FOS reforms and FCA/HMT interactions.
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FCA: FS26/3: Expanding consumer access to investments
Further to DP25/3, FCA has published this feedback statement. Specific topics include financial promotions, speculative products and fractional investments. The FS sets out a consumer investments policy roadmap. FCA intends to review its financial promotion rules for high-risk investments and to consult on changes to rules and guidance on risk warnings in early 2027, supported by consumer testing.
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