Regulatory News 23 October 2025

This week, the FCA responded to the Government’s decision on reforming anti-money laundering and counter-terrorism financing supervision. The regulator has also given evidence to the House of Lords Industry and Regulators Committee as part of its inquiry into how regulators engage with the industries they oversee.

The Government has announced plans to strengthen oversight and accountability across the UK's regulators.

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FCA News
Government’s decision on reforming anti-money laundering and counter-terrorism financing supervision

Responding to the Government’s decision on reforming anti-money laundering and counter-terrorism financing supervision, the FCA said:

‘We recognise the benefits of an improved regime for anti-money laundering supervision. These changes will simplify the supervision of professional services, ensure more consistent oversight and help us identify and disrupt crime’.

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Source: FCA
Date: 21 October 2025

FCA News
FCA speech: Do the right thing: Part II

Therese Chambers, Joint Executive Director of Enforcement and Market Oversight, delivered a speech at the City & Financial Global FCA Investigations and Enforcement Summit.

She said the FCA expects firms to do the right thing, and where they do, the regulator will work with them. She added that the FCA wants to play its part in creating an environment in which consumers and firms thrive.

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Source: FCA
Date: 21 October 2025

FCA Publication
Corporate governance of the FCA

The purpose of this document is to summarise the corporate governance framework within the FCA which defines the way in which the FCA is constituted, directed and controlled by its governing body, the Board.

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Source: FCA
Date: 21 October 2025

FCA Publication
Motor Finance Redress scheme – questions and data room

The FCA has published responses to some of the questions it has received during initial engagement with stakeholders on the proposed motor finance redress scheme. The regulator will be updating this section regularly as engagement continues.

It has also opened a data room during the consultation period to help respondents understand the FCA analysis of loss. It provides controlled access to some of the underlying data material to the APR adjustment remedy and high commission.

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Source: FCA
Date: 20 October 2025

UK Parliament
FCA gives evidence to Lords Committee on regulatory engagement

The FCA has given evidence to the House of Lords Industry and Regulators Committee as part of its inquiry into how regulators engage with the industries they oversee. The discussion explored proportionality, communication, and the balance between consumer protection and regulatory burden – issues of ongoing importance to the consumer credit sector.

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Source: UK Parliament
Date: 17 October 2025

HM Treasury
HM Treasury and Department for Business & Trade place growth at the heart of regulators' remit

The Government has announced plans to strengthen oversight and accountability across the UK’s regulators, requiring them to report more clearly on how their work supports growth and innovation. While not directed at financial regulators, this initiative signals a wider policy direction towards reducing burdens and improving regulatory outcomes.

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Source: HM Treasury
Date: 21 October 2025

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