Regulatory News: 28 October 2026 - CCTA

Regulatory News 28 October 2026

The FCA is consulting on reforms to the SM&CR to streamline the regime and updates to its Financial Crime Guide. It has also restricted six unregulated lenders over concerns about their anti-money laundering controls.

The motor finance legal challenge continues, with the hearing extended to 16 February to 3 March 2027. Meanwhile, firms reported 1.85 million complaints in the first half of 2026, highlighting the scale of consumer complaints across financial services.

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FCA News: Motor finance legal challenge updates

The Tribunal has directed the FCA to disclose the additional material ordered on 12 October to Consumer Voice Limited, subject to the confidentiality arrangements. The dates of the hearing have also been extended by the Tribunal from 16 to 26 February 2027 to 16 February to 3 March 2027.

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Date: 26 October 2026

FCA Publication: CP26/38: Financial Crime Guide updates

The FCA is consulting on changes to our Financial Crime Guide to help firms strengthen their systems and controls.

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Date: 23 October 2026

FCA Publication: CP26/37: SM&CR Review - Phase 2

The FCA is consulting on changes to streamline and improve the Senior Managers and Certification Regime (SM&CR) as part of the second phase of its reforms.

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Date: 22 October 2026

FCA News: FCA restricts six firms following concerns over anti-money laundering controls

Restrictions have been placed on six unregulated lenders, known as Annex 1 firms, after the FCA raised concerns about their anti-money laundering policies, controls and procedures while assessing their applications.

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Date: 23 October 2026

FCA Speech: Beyond borders - Regulating the risks we share

Ashley Alder, FCA Chair, gave a speech at the Michael D. Gill Lecture on International Financial Regulatory Understanding and Cooperation. Ashley said Risk crosses borders, sectors and supply chains. Regulation must look beyond individual firms to the shared dependencies that can transmit shocks across the financial system.

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Date: 23 October 2026

FCA Speech: Reshaping regulation, deliberately

Sarah Pritchard, Deputy Chief Executive from the FCA, gave a speech at Investment Association Annual Dinner. She said that in an ever-changing environment, the FCA strategy remains the anchor. The regulator’s priorities – supporting growth, being a smarter regulator, helping consumers and fighting financial crime – help the FCA decide consistently and act for the long term.  

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Date: 21 October 2026

FCA Speech: Market integrity in a digital age

Nikhil Rathi, FCA Chief Executive gave a speech at the Corporation of the City of London’s annual City Dinner, Mansion House. He said the UK’s financial services strength provides a platform to lead the next era of technology-driven growth, however we must move faster and focus on outcomes to protect market integrity without holding back innovation.

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Date: 23 October 2026

FCA Complaints Data: 2026 H1

Financial services firms reported 1.85 million complaints between January and June 2026.

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Date: 22 October 2026

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