FCA: Review of private market valuation practices
FCA's review of private market valuation processes has found good practice, but notes that there is some room for improvement. Areas of concern include: conflicts of interest, levels of independence within valuation processes, and the approach to ad hoc valuations. FCA noted that, in some areas, such as transparency and disclosure, it saw good practice that went beyond existing requirements. The findings will be used in FCA's AIFMD review as it updates its rules in the Handbook and will also inform its contribution to IOSCO’s review of global valuation standards to support the use of proportionate and consistent valuation standards globally in private markets.
Last updated · 13 Mar 2026
Regulatory News - Banking & Finance
See allPRA: PS10/26: Amendments to Resolution Assessment threshold and Recovery Plans review frequency
Further to CP14/25, this PS provides feedback and final policy. The policy in this PS will take effect on 1 April 2026.
FCA: 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.
FCA: Regulatory priorities – mortgages
FCA’s first annual regulatory priorities report for the mortgages sector sets out its priorities for the coming year: improving consumer outcomes under the Mortgage Rule Review; encouraging responsible lending and supporting mortgage borrowers in financial difficulty, and ensuring the quality of advice. The report also notes other areas of focus. FCA has included an indicative timeline for specific workstreams, including details of the Mortgage Rule Review.
For more information
FCA: Second charge mortgages – improving outcomes for consumers
This FCA review has found that weaknesses in some firms’ practices could put borrowers, particularly those consolidating debt, at increased risk of financial harm. Although it found examples of good practice across the sector, the review raised a number of concerns, including: affordability assessments that appeared to overlook key living expenses; advice that steered customers towards debt consolidation when it was not clear if it was appropriate; inadequate record keeping, and unclear fees.
FCA: Regulatory priorities – retail banking
FCA’s first annual regulatory priorities report for the retail banking sector sets out its priorities for the coming year: access to cash and essential banking services; good outcomes from products and services ; fighting fraud and other financial crime; operational resilience and data security. The report also notes other areas of focus. FCA has included an indicative timeline for specific workstreams.
For more information