FCA: Speech by Sheree Howard: Getting firms fit to run
Text of Sheree Howard’s speech of 22 April 2026 on the authorisations process follows.
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Last updated · 23 Apr 2026
Regulatory News - Financial Services & Regulation
See allFCA: Motor finance redress scheme
In this press release, FCA calls on any law firm or claims management company involved in a potential challenge against the scheme that also has clients making motor finance claims should consider their position and that of their clients carefully and should write to those clients to explain that they are involved in a challenge that is likely to delay compensation.
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FCA: Understanding the advice market – financial advice firms survey 2025
FCA has published the results of its survey, which is intended to help firms benchmark their practices and to inform the regulator’s supervisory and policy work. Amongst other matters, it is noted that there was positive engagement with the Consumer Duty, particularly in pensions and retirement advice, which account for 69% of clients’ main advice objectives.
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PRA: LIAF01/26: Low impact amendments finalisation
PRA has set out details of low impact amendments it has finalised, including with regard to the FEES Part of the PRA Rulebook; the Skills, Knowledge and Expertise Part of the PRA Rulebook, and an amendment to SS3/18 (on model risk management principles for stress testing). These come into effect on 23 April/30 April 2026.
PRA: LIAC01/26: Low impact amendments
PRA is consulting on a number of low impact amendments, including with regard to the Groups Part of the PRA Rulebook, consequential amendments to PRA rules relating to CRR 2013, amendments to SoP1/16 and 4/16 relating to O-SIIs, and amendments to a SoP relating to Solvency II technical information. Responses are required by 21 May 2026.
FCA: Advisory committee on secondary markets
FCA is inviting market participants to join its advisory committee, with responses required by 18 May 2026.