Anti-bribery and corruption (ABC)

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This overview is a guide to the Financial Services/Financial Crime subtopic Anti-bribery and corruption (ABC) and includes links to appropriate materials. A comprehensive collection of news and developments relating to ABC for financial services can be found in the news tab of this sub-topic.

FCA systems and controls to prevent bribery

The Financial Conduct Authority (FCA) does not enforce the Bribery Act 2010 (BA 2010); nor does it provide guidance on compliance with the BA 2010. Its role is to assist firms in complying with the anti-bribery law as part of its financial crime statutory objective, which requires it to pursue the objective of reducing the extent to which it is possible for a regulated business to be used for a purpose connected with financial crime.

The FCA is keen to ensure firms have appropriate systems and controls in place to prevent financial crime under the Senior Management Arrangements, Systems and Controls sourcebook (SYSC)—see SYSC 3.2.6 and SYSC 6.1.1 R. The FCA's definition of financial crime includes corruption, so goes further than the BA 2010.

The FCA may decide

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Latest Financial Services News

Financial Services—other developments (19/11/2025)

A round-up of other developments, which have not been covered in full by the LexisNexis Financial Services practical guidance team but may nevertheless be of interest.

PSR publishes 2025 APP fraud survey and latest data on confirmation of payee

The Payment Systems Regulator (PSR) has published its latest data on the fraud-prevention and name-checking service, Confirmation of Payee (CoP), together with the results of its 2025 Authorised Push Payment (APP) fraud survey. The survey examines the effectiveness of the PSR’s mandatory reimbursement policy for APP scams, introduced in October 2024 and forms part of its wider work on fraud prevention.

FCA launches consultation on framework for UK equity consolidated tape (CP25/21)

The Financial Conduct Authority (FCA) has published consultation paper CP25/31 proposing the introduction of a UK equity consolidated tape (CT) to enhance capital investment, liquidity and global competitiveness in UK equity markets. The proposed framework would establish regulatory obligations for a Consolidated Tape Provider (CTP) and require trading venues and Approved Publication Arrangements (APAs) to supply data. Responses are sought by 30 January 2026.

FCA announces further extension to data room closing date for motor finance redress consultation (CP25/27)

The Financial Conduct Authority (FCA) has announced a further update to Consultation Paper CP25/27 on the Motor Finance Consumer Redress Scheme, confirming that the data room will now remain open until 12 December 2025, instead of 9 December 2025, in line with the extended consultation deadline. The FCA reiterated that the data room is intended to support stakeholders in responding meaningfully to the consultation and is not to be used for calculating individual firms’ redress liabilities, which should be determined using their own data.

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