Regulatory News 29 April 2026

The FCA is reviewing whether Annual Percentage Rates (APRs) help consumers understand borrowing costs and is seeking views on whether it should change how these are communicated in credit advertising.

In other news, the FCA’s motor finance scheme has been challenged. The regulator is now considering its approach and will set out more later this week.

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FCA News
FCA reviewing whether APRs support consumers’ choice

Consumers and businesses could be given greater control over their financial data to help secure better deals, under a vision for open finance published by the FCA. The roadmap on next steps can be viewed here.

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Source: FCA
Date: 29 April 2026

FCA News
Motor finance compensation scheme challenged

The FCA’s motor finance scheme has been challenged. The regulator is now considering its approach and will set out more later this week.

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Source: FCA
Date: 28 April 2026

FCA Firms
FCA complaints data

The FCA publishes its complaints data every 6 months, around April and October. In 2025 H2, financial services firms received 1.87m complaints, a 0.9% increase from 2025 H1 (1.85m). Since 2021 H1, complaints have stayed relatively constant between 1.7m and 2.0m.

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Source: FCA
Date: 28 April 2026

FCA Blog
From promise to practice: Shaping open finance policy with our Smart Data Accelerator

How the FCA Smart Data Accelerator is helping to speed up the development of open finance and deliver real-world impact.

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Source: FCA
Date: 28 April 2026

FCA News
FCA Board appoints two new members to the Regulatory Decisions Committee

The Board of the FCA has appointed Jonathan Peddie and Raymond Cox KC as new members of the FCA’s Regulatory Decisions Committee (RDC).  The RDC is responsible for taking certain regulatory decisions on behalf of the FCA relating to contested enforcement action.

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Source: FCA
Date: 27 April 2026

FCA News
FCA spearheads global action to stop illegal finfluencers

The FCA has led international action to stop illegal finfluencers putting consumers’ money at risk.

Seventeen regulators worldwide took part in the ‘week of action’ which included enforcement activity, consumer awareness campaigns, and educational programmes for finfluencers who want to act responsibly.

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Source: FCA
Date: 24 April 2026

FCA News
FCA calls on law firms and claims management companies to consider the position of their clients

Any law firm or CMC 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.

At the very least, they should write to those clients to explain they’re involved in a challenge that’s likely to delay compensation.

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Source: FCA
Date: 23 April 2026

FCA News
FCA and PRA confirm changes to streamline senior manager accountability and boost growth

Firms will benefit from reduced costs and greater flexibility, and find it easier to comply with the Senior Managers and Certification Regime (SM&CR), following reforms set out on 22 April by the FCA and PRA. The policy statement can be read here: PS26/6: Senior Managers and Certification Regime review | FCA

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Source: FCA
Date: 22 April 2026

FCA Speech
Getting firms fit to run

Sheree Howard, Executive Director of Authorisations gave a speech at the APCC Spring Conference 2026. She said the authorisation process is demanding, and rightly so. A rigorous authorisation process is good for firms, consumers and the wider market.

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Source: FCA
Date: 22 April 2026

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