Regulatory News

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.

The FCA has set out its vision for open finance, aiming to give consumers and businesses more control over their data to access better deals. It has also banned misleading adverts from a claims management company that used edited Martin Lewis footage and the FCA logo without permission. Finally, the FCA has warned firms about fake communications, sharing examples to …

The FCA has published findings from a 2025 multi-firm review of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing monitoring controls, highlighting examples of both good and poor practice and setting clear expectations for firms to strengthen compliance frameworks. Separately, the FCA outlined how it assesses the expected impact of regulatory interventions through Cost Benefit Analyses (CBAs), which …

The FCA has published its long-awaited motor finance redress scheme along with a raft of other announcements and publications. The Bank of England and Money Charity have both released their latest set of monthly statistics.

The FCA has outlined several updates across key areas of financial services. It will confirm its approach to motor finance redress shortly after markets close on 30 March, following consultation on a compensation scheme. The FCA has also published practical examples to help firms design effective consumer segments, supporting better targeted outcomes. In addition, firms are being urged to prepare …

The FCA has published its annual Regulatory Priorities for consumer finance, replacing portfolio letters. Key focuses include ensuring consumers can access fair-value credit, receive appropriate support when in debt, and benefit from effective complaints and redress. The FCA and FOS are also consulting on proposals to modernise the redress system, aiming to better support consumers while giving firms greater certainty …