FCA News and Updates
Fidelity Special Values keeps voting rights unchanged at end of October
Fidelity Special Values PLC leaves its capital structure unchanged through October 2026, with no share buybacks, cancellations or new share issuance during the month. The investment trust says its ...
Insurance sector faces claims of climate risk underpricing
Pressure on catastrophe risk teams is raising fresh concerns about how insurers and reinsurers price exposure to floods, fires and hurricanes. Whistleblowers say analysts are being pushed to ...
UK regulators propose streamlining senior managers regime to cut firms' compliance costs
A decade after the Senior Managers and Certification Regime was introduced, UK regulators are proposing changes that would narrow enhanced checks for a large number of financial services roles. ...
Jarvis Investment enters special administration as FCA oversight continues
Jarvis Investment Management Limited entered special administration on 14 October 2026, marking a new phase for the FCA-authorised wealth management firm. Adam Stephens and Philip Hemming of S&W ...
FCA plans AI-driven oversight for UK financial regulation
The UK financial regulator is preparing to expand its use of artificial intelligence across supervision and enforcement as financial firms and consumers increasingly test frontier models. The plan ...
WooshPay named in A7 payment documents as UK fintech disputes involvement
Leaked documents from the A7 payment network named UK-registered fintech WooshPay in materials describing possible payment routes abroad. WooshPay disputes that it was used by the network, saying ...
Farm Credit Administration advances examination upgrades and innovation plan
As the Farm Credit System faces changing risk and operational demands, the Farm Credit Administration board receives updates on efforts to modernize its examination program and expand internal ...
UK Treasury sets digital assets push ahead of 2027 DIGIT issuance
Britain is accelerating its effort to build digital financial-market infrastructure as the government positions digital assets as part of a broader competitiveness strategy. The plan spans ...
Revolut challenges European banks as global expansion lifts valuation to $115 billion
More than a decade after launching with low-cost foreign exchange services, Revolut is growing into a major rival to established European banks while pushing deeper into international retail ...
UK regulator bars former HSBC asset management executive from finance roles over fare fraud
UK financial regulators are reinforcing that misconduct outside the workplace can still end a career in regulated finance. The case centers on former HSBC Asset Management executive Joseph Molloy, ...
UK regulator bans former HSBC banker over fare fraud conviction
UK financial regulators have barred a former HSBC Asset Management executive from the industry after a fraud conviction linked to repeated train fare evasion. The case adds to the Financial ...
UK regulator eases climate disclosure rules for listed companies
The UK is softening its approach to corporate climate reporting as regulators in major markets pull back from stricter environmental transparency requirements. The Financial Conduct Authority says ...
UK regulator drops mandatory climate-reporting plan for listed companies
Britain's financial watchdog is easing its approach to climate disclosures for listed companies as concerns grow over compliance costs and market competitiveness. The decision keeps a "comply or ...
UK FCA opens crypto authorization window ahead of 2027 licensing regime
Britain is moving closer to full oversight of digital asset businesses as the Financial Conduct Authority begins accepting applications from cryptocurrency firms that want to operate in the UK. ...
UK regulator drops plan to mandate climate disclosures for listed companies
Britain's financial watchdog is keeping a flexible reporting regime for listed companies instead of imposing a new mandatory climate disclosure standard. The decision reflects concerns from ...
UK FCA opens crypto authorization window ahead of 2027 regime
The UK is moving toward a broader regulatory framework for digital asset firms, with the Financial Conduct Authority opening an application window for companies that want to keep operating in the ...
Polymarket seeks European financial licence as UK, EU scrutiny tests expansion plans
Polymarket is stepping up contacts with regulators in Europe and the UK as it pushes to be supervised as a financial services business rather than under gambling rules. The effort is central to ...
UK AI chatbots misstate financial queries in Saturn study
Growing consumer use of generative AI for money decisions is raising risks for households navigating tax, pensions and debt questions. New testing by technology firm Saturn finds major chatbot ...
FCA updates financial services rules for October 2026 rollout
UK financial firms are preparing for another regulatory change as the Financial Conduct Authority sets out updated rules for the sector. The new guidelines take effect on 1 October 2026 and are ...
FCA steps up crypto enforcement against illegal London P2P trading sites
Britain’s crypto oversight is tightening as regulators move against unregistered peer-to-peer trading activity in London before a broader legal regime takes full effect. The action highlights ...
St James’s Place nears fee overhaul end as growth focus returns
St James’s Place is moving closer to the end of a difficult transition as the UK wealth manager works through fee changes, cultural reforms and past mis-selling scrutiny. The shift comes as ...
