ARCHIVED: This Practice Note is archived and is no longer maintained. This tracker sets out the consultation papers published by the Financial Conduct Authority (FCA) in 2023, along with the publication of any subsequent rules and guidance. For details of FCA consultation papers from other years, see: FCA consultation paper trackers. For details of Prudential Regulation Authority (PRA) from 2017 and Financial Services Authority (FSA) consultation papers from 2008 to 2013, see: • PRA consultation paper tracker [Archived] • FSA consultation paper tracker [Archived] Topic area Consultation Paper Description Publication date End of consultation period Policy Statement/ Handbook Notice Regulation of capital markets CP23/33: Payments to data providers and forms for Data Reporting Services Providers including Policy Statement for the framework for UK consolidated tape (CP23/15) The FCA has published consultation paper CP23/33, Payments to data providers and forms for Data Reporting Services Providers including Policy Statement for the framework for UK consolidated tape (CP23/15). Responses are sought by 9 February 2024 20 December 2023 9 February 2024 Handbook Notice 117 (5 April 2024) Regulation

This tracker sets out the consultation papers published by the Financial Conduct Authority (FCA) in 2024, along with the publication of any subsequent rules and guidance. For details of FCA consultation papers from other years, see: FCA consultation paper trackers. For details of Prudential Regulation Authority (PRA) from 2017 and Financial Services Authority (FSA) consultation papers from 2008 to 2013, see: • PRA consultation paper tracker [Archived] • FSA consultation paper tracker [Archived] Topic area Consultation Paper Description Publication date End of consultation period Policy Statement/ Handbook Notice Operational resilience CP24/28: Operational incident and third party reporting Proposals for firms to report operational incidents and their material third party arrangements. 13 December 2024 13 March 2025 Advice Guidance Boundary Review CP24/27: Advice Guidance Boundary Review — proposed targeted support reforms for pensions A new type of support for consumers with their pensions, called targeted support 12 December 2024 13 February 2025 Quarterly consultation CP24/26: Quarterly Consultation Paper No 46 Miscellaneous amendments to Handbook. 6

This tracker sets out the consultation papers published by the Financial Conduct Authority (FCA) in 2025, along with the publication of any subsequent rules and guidance. For details of FCA consultation papers from other years, see: FCA consultation paper trackers. For details of Prudential Regulation Authority (PRA) from 2017 and Financial Services Authority (FSA) consultation papers from 2008 to 2013, see: • PRA consultation paper tracker [Archived] • FSA consultation paper tracker [Archived] Topic area Consultation Paper Description Publication date End of consultation period Policy Statement/ Handbook Notice Fintech and cryptoassetsPrudential requirements CP25/42: A prudential regime for cryptoasset firms Proposals on new prudential rules for all cryptoasset firms that will need FCA authorisation 16 December 2025 12 February 2026 Fintech and cryptoassetsMarket abuse regime CP25/41: Regulating cryptoassets: Admissions & disclosures and market abuse regime for cryptoassets Proposals on the regulation of cryptoassets, including admissions, disclosures, and market abuse regime 16 December 2025 12 February 2026 Fintech and cryptoassetsConduct requirements CP25/40: Regulating cryptoasset activities Proposals on rules and guidance for

This tracker sets out the consultation papers published by the Financial Conduct Authority (FCA) in 2026, along with the publication of any subsequent rules and guidance. For details of FCA consultation papers from other years, see: FCA consultation paper trackers. For details of Prudential Regulation Authority (PRA) from 2017 and Financial Services Authority (FSA) consultation papers from 2008 to 2013, see: • PRA consultation paper tracker [Archived] • FSA consultation paper tracker [Archived] Topic area Consultation Paper Description Publication date End of consultation period Policy Statement/ Handbook Notice Regulation of insurance CP26/33: Consultation on minor General Insurance value measures changes and post-implementation review of the value measures rules Proposed changes to value measures rules for general insurance 11 September 2026 9 October 2026 Conduct requirements; Fintech and cryptoassets; Authorisation, approval and supervision; Complaints, compensation and claims management; Investment funds and asset management CP26/32: Quarterly consultation paper No. 53 Proposed miscellaneous amendments to Handbook 4 September 2026 12 October 2026 Regulation of capital markets CP26/31: Policy Statement for the framework

Law360: The Financial Conduct Authority (FCA) has said it is planning a new 'traffic light' guide for retirement investment plans as it seeks to improve long-term value in workplace pensions, shifting the emphasis for providers from a simple consideration of costs.

Pensions analysis: On 11 December 2025, the FCA published Consultation Paper CP25/39, ‘Adapting our requirements for a changing market.’ The FCA regulator is reviewing its pension rules because the market is now heavily dominated by defined contribution (DC) savings, and individuals are taking on more responsibility for managing their retirement. With DC assets now greater than those in defined benefit (DB) schemes, the FCA believes the current framework may no longer give consumers enough support to make informed decisions. The consultation is open until 12 February 2026, and the FCA plans to issue final rules in the second half of 2026.

The Financial Conduct Authority (FCA) is consulting on changes to its Payment Services and Electronic Money Approach Document to support new legislation to tackle authorised push payment (APP) fraud. HM Treasury has proposed amendments to the Payment Services Regulations 2017 to enable payment service providers (PSPs) to delay making a payment transaction where they have reasonable grounds to suspect fraud or dishonesty. The policy aims to increase firms’ ability to tackle APP fraud while minimising the impact on legitimate payments. In GC24/5 the FCA sets out how PSPs should apply the legislative changes to minimise the impact on legitimate payments. Responses are sought by 4 October 2024. The Payment Systems Regulator (PSR) has also published Specific Direction 21 (SD21), which includes the APP scams reimbursement requirement and directs in-scope PSPs to comply with the reimbursement rules.

The Financial Conduct Authority (FCA) has published consultation paper CP25/34: ESG ratings: proposed approach to regulation, setting out proposals to ensure that environmental, social and governance (ESG) ratings are ‘transparent, reliable and comparable’. The proposals follow the decision by the government to bring ESG ratings within the FCA’s remit. Responses are sought by 31 March 2026.

The Financial Conduct Authority (FCA) has launched a consultation paper (CP25/26) proposing additional changes to its Handbook rules to implement its targeted support framework. The consultation follows CP25/17, which established a framework enabling firms to provide tailored suggestions to consumer groups with shared characteristics. Feedback is sought by 17 October 2025, with final rules expected in December 2025.

The Financial Conduct Authority (FCA) has launched its 46th Quarterly Consultation, proposing regulatory changes across several sectors. A key proposal includes updating the FCA’s Handbook to align with the new edition of the UK Corporate Governance Code, published by the Financial Reporting Council (FRC) in January 2024 (the 2024 Code). This includes removing specific references to FRC guidance in the UK Listing Rules (UKLR) and Disclosure Guidance and Transparency Rules (DTR) sourcebooks, along with introducing transitional provisions for UKLR and DTR implementation. The FCA also proposes updating the Code's definition in the Handbook’s Glossary, as well as updating references to the Code’s guidance in the Systems and Controls sourcebook (SYSC), Code of Conduct sourcebook (COCON), Statements of Principle and Code of Practice for Approved Persons sourcebook (APER), and the Decision Procedure and Penalties manual (DEPP). The FCA considers the impact of these proposals to be minimal, and therefore, a detailed cost benefit analysis is not required. The consultation closes on 27 January 2025, with the FCA intending to implement these changes promptly after the consultation and Board approval, without a transition period, as companies subject to the Code are expected to be familiar with the updates.

The Financial Conduct Authority (FCA) is seeking feedback alongside the Bank of England (BoE) on draft guidance (in the form of Q&As) for reporting under the revised UK EMIR Article 9 reporting requirements. Responses are sought by 28 March 2024. A further consultation on the Q&As will be published in spring 2024.

The Financial Conduct Authority (FCA) has published a discussion paper (DP25/1), inviting stakeholder feedback on its proposed regulatory framework for cryptoassets. The paper sets out proposals for the regulation of cryptoasset trading platforms, intermediaries, staking arrangements, lending and borrowing practices, and decentralised finance, as well as the use of credit in the purchase of cryptoassets. The FCA aims to establish a safe, competitive, and sustainable cryptoasset sector by providing firms with the necessary regulatory clarity, thereby promoting market integrity and ensuring appropriate consumer protection. Responses are sought by 13 June 2025 with the FCA intending to consult on the final regime later in the year after it has considered the feedback from this discussion paper.