Law360, Expert analysis: On 1 September 2026, the Financial Conduct Authority (FCA)’s new non-financial misconduct (NFM) framework came into force, extending the scope of the conduct rules for non-bank firms and introducing detailed guidance on how firms should assess misconduct under both the Code of Conduct and the Fit and Proper regime. Chloe-Jane Belton, legal director at Howard Kennedy LLP, examines the implications of the new framework for firms, including the FCA’s potential approach to enforcement, the systems and controls firms should have in place and the FCA’s broader regulatory direction.

The Financial Conduct Authority (FCA) has updated its temporary permissions regime (TPR) webpage to note that it ended on 30 December 2023. The FCA notes that there are arrangements that remain in place to enable some EEA firms to wind down their UK business in an orderly manner within the financial services contracts regime. The temporary marketing permissions regime (TMPR) will remain in place until 31 December 2025.

Law360, Expert analysis: On 3 June 2025, the Financial Conduct Authority (FCA) published its updated enforcement guide, following a period of industry consultation. Jane Anderson, senior associate solicitor and lead practice development lawyer, and Garon Anthony, partner, at Irwin Mitchell LLP consider the most notable implications of the guide, with a particular focus on the so-called ‘naming and shaming’ proposals. They also look at what the revisions mean practically for regulated entities and their advisers, with some risk-mitigation takeaways from the newly revised guide.

The Financial Conduct Authority (FCA) has issued a final notice objecting to the proposed acquisition of Olampicaran Limited, a small money remittance firm. The ‘Proposed Controller’ Mr Ahmed had failed to demonstrate due skill, care, diligence, and compliance with relevant standards in his past dealings and lacked relevant knowledge, skills, and experience to direct the activities of Olampicaran. In breach of section 191D(1) and section 191F(1) of the Financial Services and Markets Act (FSMA),  Mr. Ahmed had also failed to notify and seek FCA approval for the acquisition.

The Financial Conduct Authority (FCA) has obtained a judgment against London Property Investments (U.K) Limited (LPI), NPI Holdings Limited, their director Daniel Stevens and his father, Tony Stevens, for arranging mortgages without FCA authorisation and exploiting vulnerable customers who were in financial difficulty.

The FCA has announced that victims of a £1.5m crypto investment fraud will recover lost funds after the regulator obtained confiscation orders against Raymondip Bedi and Patrick Mavanga. At a hearing at Southwark Crown Court on 28 September 2026, Bedi was ordered to pay £603,404.28 and Mavanga £247,997.99.

The Financial Conduct Authority (FCA) has offered firms limited temporary flexibility to comply with the Sustainability Disclosure Requirements (SDR) rules. This flexibility applies in exceptional circumstances where firms have submitted a completed application for approval of amended disclosures in line with ESG 5.3.2R of the ESG sourcebook for a UK authorised investment fund by 5pm on 1 October 2024 and are currently using terms such as ‘sustainable’, ‘sustainability’ or ‘impact’ in the name of that fund, intending either to use a label or change the name of the fund. The deadline for compliance is 5pm on 2 April 2025.

The Bank of England (BoE) and the Financial Conduct Authority (FCA) has published policy statement PS24/12: Digital Securities Sandbox joint Policy Statement and Final Guidance to launch the Digital Securities Sandbox (DSS). The DSS will allow participants to use developing technologies, such as distributed ledger technology (DLT), to undertake the activities traditionally associated with central securities depositories and trading venues.

The Financial Conduct Authority (FCA) has invited applications for a bond consolidated tape (CT) provider. The CT will compile data on bond transactions, including prices and volumes, and consolidate information from trades executed on trading venues and over the counter with brokers. The aim is to provide investors with high-quality, timely, and cost-effective data. The FCA has published a Tender Notice outlining the procurement's key features. Interested firms are invited to register on the procurement portal, submit questions, and apply by the deadline of 5 April 2025.

The Financial Conduct Authority (FCA) has made operational a data room to support its consultation on motor insurance matters, providing controlled access to underlying data on APR adjustment remedy and high commission issues. The ‘Data room – 20 October 2025 update’ outlines the FCA’s provision of a secure data room to support stakeholders in responding meaningfully to the motor finance consumer redress scheme consultation. This facility complements the extensive data and analysis already published in the consultation paper and supporting documents. It offers controlled access to underlying data relevant to the APR adjustment remedy and high commission concerns. The data room is intended for individuals with expertise in handling large datasets and financial modelling, and access is granted upon request, subject to a confidentiality agreement.

The Financial Conduct Authority (FCA) has published discussion paper DP25/2 to launch a public conversation on the future of the UK mortgage market. The paper explores how regulatory changes could improve access to sustainable home ownership, particularly for first-time buyers, self-employed individuals, and those with variable incomes. It also considers how the mortgage framework can evolve to support economic growth, adapt to demographic and market changes, and promote innovation while maintaining consumer protection. The paper outlines potential trade-offs and risks of reform and highlights the role of the Consumer Duty. Responses are sought by 19 September 2025.

The Financial Conduct Authority (FCA) has opened an investigation into WH Smith PLC concerning potential breaches of UK Listing Principles and Rules and Disclosure and Transparency Rules. The investigation relates to matters announced by WH Smith PLC on 19 November 2025, according to an FCA statement published on 19 December 2025.