insights & articles
Creating a Provisional Licences Authorisation Regime: An Update Worthy of the Name?
His Majesty’s Treasury (HMT) has published a Policy Update following its commitment in the Regulatory Action Plan of March 2025 to introduce a “provisional licence regime”, aimed at reducing regulatory
FCA Review: Data Quality in MIFIDPRU Reporting
The Financial Conduct Authority (FCA) recently published the Prudential regulatory reporting by MIFIDPRU investment firms – data quality review and this has highlighted both areas of strong practice and aspects requiring improvement. Between January 2024 and March 2025, data submitted by approximately 3,800
FCA Publish Consultation Paper on Proposed Changes to Fees, Levies and Free-Block Structure
The Financial Conduct Authority (FCA) in conjunction with the Prudential Regulation Authority (PRA), has published CP25/33: Regulatory fees and levies: policy proposals for 2026/27. The FCA and PRA are funded through fees and levies charged to
FCA Publishes Consultation Paper on Improving the UK Transaction Reporting Regime
The Financial Conduct Authority (FCA) has published Consultation Paper CP25/32: Improving the UK transaction reporting regime, outlining proposed changes to streamline transaction reporting requirements and enhance market integrity. Transaction reports are essential for detecting market abuse, preventing
UK Transition to T+1 Settlement: What Firms Need to Know
To align with other major global markets, the UK is preparing to move to a T+1 securities settlement cycle on 11 October 2027, reducing the current T+2 timeframe. This means that when a security is traded,
FCA Publishes Latest Complaints Data: Key Insights for Firms
The Financial Conduct Authority (FCA) publishes Complaints Data twice a year, in April and October, providing valuable insight into how financial services firms are managing customer complaints. Each release contains both firm-level information and aggregate market-wide statistics, capturing the vast
Companies House Launches Mandatory Identity Verification: What It Means for Your Firm
Companies House has confirmed that, from 18th November 2025, it has rolled out mandatory identity verification for directors and People with Significant Control (PSCs) of UK companies. This phased rollout, running over 12 months, is a
EBA Report on AML/CFT Supervision: Strengthening Banking Sector Resilience
The European Banking Authority (“EBA”) published its Final Report on Competent Authorities’ Approaches to the Anti-Money Laundering (“AML”) and Countering the Financing of Terrorism (“CFT”) Supervision of Banks (EBA/REP/2025/27) in October 2025, following reviews
