Regulatory News

This week we cover the FCA’s annual Wider Implications Framework Report, highlighting increased collaboration between regulators to identify and address emerging consumer and market risks. We also report on the continued crackdown on misleading motor finance claims advertising and Fair4All Finance’s new £25 million pilot to expand access to affordable credit through responsible lenders.

This week’s news includes the FCA’s review of product governance under the Consumer Duty, further developments in the motor finance legal challenge, and a series of publications marking the first year of the FCA’s five-year strategy. We also cover the FCA’s latest enforcement activity, board minutes and response to the Cost Benefit Analysis Panel’s Annual Report. Elsewhere, we highlight the …

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The FCA is consulting on changes to the scope and proportionality of the Consumer Duty. The regulator has also given a short update on its review of the High-Cost Short-Term Credit price cap.  In other news, The Bank of England and The Money Charity have both released their monthly statistics.

The FCA has published further information for firms on the motor finance compensation scheme. The regulator has also published a horizon scanning document in relation to emerging technology. Fair 4 All Finance have published a blog post discussing APR.   

The FCA is proposing changes to help more people access mortgages, including first-time buyers, older borrowers and the self-employed. The regulator is also warning consumers about misleading car finance ‘money tips’ claims adverts. In addition, the FCA are also launching an investigation into another claims management company.

The UK Payments Initiative (UKPI) announcement signals a major step forward for open banking and commercial variable recurring payments (cVRP). An FCA review has also found that some firms should be doing more to raise standards around financial promotions. In regards to industry statistics, both the Bank of England and The Money Charity have published their latest monthly figures.

The FCA has published its authorisations operating service metrics for 2025/26 Q4. The regulator has also updated its information on motor finance complaints. In other news this week, the Financial Ombudsman Service has published it annual data for 2025-26, in which it states that over 220,000 cases were resolved in the last year.

The FCA has published the tenth edition of its Regulatory Initiatives Grid. This sets out the planned regulatory initiatives for the next 24 months. The regulator has also launched a market study in order to understand the root causes of practices it has observed by firms in the claims management market, and how they impact competition and consumer outcomes. The …

Following the legal challenges to the motor finance redress scheme, the FCA set out further advice for firms and consumers. The regulator has also updated this page to include new priorities, links to work that has now been published, and further details on existing priorities where they may have changed.

The FCA has received four legal challenges to its motor finance scheme. The regulator is launching a review of the claims management market, following concerns that consumers are being failed by some claims management companies (CMCs) and law firms. In other news, both the Bank of England and The Money Charity have released their monthly statistics. 

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.