In response to a new report from the House of Lords Financial Services Regulation committee, the FCA said they are fully committed to supporting economic growth in the UK and a thriving financial services sector.

MORE INFORMATION +
Source: FCA
Date: 13 June 2025

The FCA Board has published the minutes of its meeting held on the 1 May. The group discussed risk appetite and independence, along with the growth agenda.

MORE INFORMATION +
Source: FCA
Date: 11 June 2025

Jessica Rusu, FCA Chief Data, Information and Intelligence Officer, delivered a speech at London Tech Week 2025. She said earlier this year the FCA’s AI Lab was launched to deepen understanding of the risks and opportunities AI presents to consumers and markets. The AI Lab features four zones: the AI Sprint, the AI Input Zone, an AI Spotlight, and the Supercharged Sandbox.

MORE INFORMATION +
Source: FCA
Date: 10 June 2025

Simon Walls, Executive Director of Markets, spoke at the Global Management Summit 2025, Guildhall London. He said the UK has a long and distinguished history in effective risk management. Adding that the FCA wants to build on the position as a leading global financial centre to become the most constructive, competitive and compelling place in the world to invest.

MORE INFORMATION +
Source: FCA
Date: 10 June 2025

Sarah Pritchard has been appointed Deputy Chief Executive of the FCA. The new role has been created to reflect the FCA’s expanding remit, with the integration of the Payment Systems Regulator, regulation of stablecoin and crypto firms as well as Buy Now Pay Later activities.

As Deputy Chief Executive, Sarah will also support the FCA’s international focus, given its role supporting UK growth and competitiveness.

MORE INFORMATION +
Source: FCA
Date: 10 June 2025

This report examines the progress made in driving the regulators to support growth, both in the financial services sector and, crucially, in the wider UK economy since the introduction of the FCA and PRA’s secondary international competitiveness and growth objective.

The Committee found that the objective has highlighted long-standing issues that limit or introduce unnecessary frictions to financial services firms’ ability to grow, innovate, and compete and that discourage new entrants both domestic and foreign.

MORE INFORMATION +
Source: FCA
Date: 13 June 2025