insights & articles
UK Crypto Regulation Advances
The UK is accelerating the development of its cryptoasset regulatory framework, with the Financial Conduct Authority (“FCA”) granting approval to ClearToken as the first regulated, centralised cryptoasset clearing house, and the Bank of England (“BoE”) launching
FCA Fines Nationwide £44m for Failings in Financial Crime Controls
The Financial Conduct Authority (FCA) has imposed a £44,078,500 financial penalty on Nationwide Building Society for significant failures in its financial crime systems and controls during the period October 2016 to July
FCA Engagement Paper: Market Risk Capital Requirements for Investment Firms
The FCA has published an Engagement Paper on the subject of Market risk capital requirements for FCA investment firms examining potential reforms to the market risk capital requirements under the UK’s Investment Firms Prudential
FCA Skilled Persons Reviews: What the Latest Data Means for Firms
The FCA’s latest data from Number of Skilled Persons Reports commissioned in 2025/26 Q2 (1 July 2025 – 30 September 2025) highlights a continued downward trend compared with both Q1 2025 (7 reports) and Q2 2024
FCA issues Instrument 2025/57 implementing the Berne Financial Services Agreement in the Handbook
The FCA has published FCA 2025/57-2026-01-01.pdf: Berne Financial Services Agreement Instrument 2025, which came into force on 1 January 2026. The instrument implements changes to the FCA Handbook to support firms relying on
FCA Consults on the Future of UK Cryptoasset Regulation
The Financial Conduct Authority (FCA) has published a series of Consultation Papers (CP25/40, CP25/41 and CP25/42) that collectively outline the UK’s future regulatory framework for cryptoassets. These proposals mark a pivotal shift, bringing a wide range of cryptoasset activities
PS25/19: – FCA Reforms to Complaints Reporting: What Firms Need to Know
The Financial Conduct Authority (FCA) has published PS25/19: Improving the Complaints Reporting process following Consultation Paper CP25/13 issued in May 2025. This Policy Statement finalises updates to the rules and guidance governing how authorised firms must
ESG Ratings: Preparing for the FCA’s Proposed Regulatory Framework
The Financial Conduct Authority (FCA) has launched Consultation Paper CP25/34: ESG ratings: proposed approach to regulation, marking a pivotal moment in the UK’s regulatory oversight of Environmental, Social and Governance (ESG) data and ratings. Following recent legislation
