FCA: Simplifying responsible lending and advice rules for mortgages
FCA has published a letter from Nikhil Rathi to Emma Reynolds. He notes that the regulator is taking steps today, and in the coming weeks, to improve access and flexibility for mortgage borrowers. FCA intends to shortly launch a Call for Evidence on current and alternative approaches to stress testing. Later in the month, FCA will consider how improved smart data sharing can enhance products and services. In May, FCA will consult on making it easier for consumers to remortgage with a new lender, reduce their overall cost of borrowing through term reductions, and discuss their options with a firm outside a regulated advice process. It will also propose to retire guidance where the Consumer Duty now ensures consumers are protected, reducing regulatory burden and complexity. In June, FCA will produce a discussion paper on risk appetite and responsible risk-taking; alternative affordability testing and product innovation; lending into later life; and consumer information needs.
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.
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.
PRA: Speech by Vicky White: Data as a dialogue
Text of Vicky White’s speech of 12 March 2026 follows in which she discusses data collected from banks by PRA and how this feeds in to supervisory decisions, risk assessment, and policy.
BoE: Speech by Andrew Bailey: Reforming cross-border payments
Text of Andrew Bailey’s speech of 12 March 2026 follows in which he discusses progress on the G20 Cross-border Payments Roadmap.
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.