The Financial Conduct Authority (FCA) has announced plans to consult on extending the timeframe for motor finance firms to handle commission-related complaints and for consumers to refer such complaints to the Financial Ombudsman Service (FOS), following Court of Appeal ruling in Hopcraft v Close Brothers Ltd, Johnson v Firstrand Bank Ltd and Wrench v Firstrand Bank Ltd that brokers (car dealers) receiving commission from lenders without customers' informed consent was unlawful. The consultation proposals are expected within two weeks, aiming to have the complaint extension in place by mid-December 2024 to prevent disorderly outcomes amidst an anticipated surge in complaints.

The Financial Conduct Authority (FCA) has published a consultation paper on proposed changes to the COBS 18 Annex 1 rules, allowing fund managers to purchase investment research with joint payments. The consultation is open until 16 December 2024. The FCA plans to consider feedback received and publish any rules or guidance in a policy statement in the first half of 2025.

The Financial Conduct Authority (FCA) has launched consultation paper CP25/28 Progressing Fund Tokenisation, seeking views on proposals to support the adoption of distributed ledger technology (DLT) for authorised funds and introduce a new direct dealing model for conventional and tokenised authorised funds. Responses on chapters two to four are due by 21 November 2025, and on chapter five by 12 December 2025.

The Financial Conduct Authority (FCA) has launched a consultation on targeted changes to the UK Listing Rules for closed-ended investment funds to strengthen the management of conflicts of interest and protect shareholders. The proposals are intended to ensure the rules remain effective and consistent in future scenarios while preserving strong shareholder rights and the attractiveness of UK markets.

The Financial Conduct Authority (FCA) is consulting on an extra Q&A on the derivative reporting framework under UK EMIR. The Q&A asks whether spread bets can be reported at position level only (ie not as individual transactions), with the provisional answer being yes, provided the relevant conditions in Article 5 of the Technical Standards on the Minimum Details of the Data to be Reported to Trade Repositories are met. Responses are sought by 23 July 2024.

The Financial Conduct Authority (FCA) has published consultation paper CP24/19: Consumer Credit Regulatory Returns: Credit Broking, Debt Adjusting, Debt Counselling and Providing Credit Information Services, in which the FCA consults on a new regulatory reporting return for consumer credit firms who engage in one or more of the regulated activities of Credit Broking, Debt Adjusting, Debt Counselling and Providing Credit Information Services. The consultation closes on 31 October 2024.

The Financial Conduct Authority (FCA) has published consultation paper CP25/23: Deferred Payment Credit (unregulated Buy Now Pay Later): proposed approach to regulation. The FCA is seeking feedback on rules and guidance that it proposes to apply to deferred payment credit (DPC) lending (which is distinct from Buy Now Pay Later), following the government’s decision to bring this under FCA regulation. The CP includes proposals for firms to give information to consumers and undertake creditworthiness assessments, and asks whether the FCA should apply existing rules for regulated credit activity to this sector. Responses are sought by 26 September 2025.

Law360,: The Financial Conduct Authority (FCA) said on 12 December 2024 that it is consulting on new rules that it hopes will allow providers of pension plans to offer better support to workers saving for retirement.

The Financial Conduct Authority (FCA) has published Consultation Paper CP24/30 A new product information framework for Consumer Composite Investments (CCIs). The FCA proposes significant changes to the requirements for the way product information is presented, moving away from the rigidly templated format of PRIIPs and the UCITS Key Investor Information Document (KIID) and aiming for a simpler and more flexible regime. The consultation closes on 20 March 2025.

The Financial Conduct Authority (FCA) is consulting on aligning listed issuers’ sustainability disclosures with international standards. Following the government’s draft UK Sustainability Reporting Standards (UK SRS), consultation paper CP26/5 seeks views on replacing the FCA’s current Task Force on Climate-related Financial Disclosures (TCFD)-aligned listing rules with requirements for in-scope listed companies to report against UK SRS. Responses are sought by 20 March 2026.

The Financial Conduct Authority (FCA) has published Consultation Paper CP25/30, seeking views on proposals to streamline the UK EMIR Intragroup Regime alongside HM Treasury’s proposed legislative changes to the Intragroup Regime set out in its draft SI, the Over the Counter Derivatives (Intragroup Transactions) Regulations 2026. CP25/30 sets out the FCA’s proposals to implement these changes alongside additional changes to consolidate the regime and reduce burdens on counterparties. Responses are requested by 16 January 2026. The FCA will publish a policy statement and final rules once the draft SI is finalised.

The Financial Conduct Authority (FCA) has published consultation paper CP25/29 outlining proposed rules under the Short Selling Regulations 2025 (SSR 2025) to create a new short selling sourcebook and update its related handbook provisions. The proposals seek to maintain orderly and effective UK market functioning while reducing disproportionate costs for firms. Key changes include extending net short position (NSP) reporting deadlines to 23:59 T+1, simplifying market maker exemption notifications, publishing an anonymised aggregate net short position (ANSP) list and reducing the number of reportable shares. The consultation closes on 16 December 2025, with a follow-up policy statement expected two months before implementation.