The Financial Conduct Authority (FCA) has published Handbook Notice No 134 which includes changes to the FCA Handbook and other material made by the FCA Board on 2 October 2025.

The Financial Conduct Authority (FCA) has published Handbook Notice No 134, which includes changes to the FCA Handbook and other material made by the FCA board on 27 November 2025.

The Financial Conduct Authority (FCA) has published Handbook Notice 137, setting out changes to the FCA Handbook made by the FCA board on 29 January 2026. The changes were made to the Collective Investment Schemes Sourcebook (Concentration Limits) Instrument 2026 and are effective from 29 January 2026.

The Financial Conduct Authority (FCA) has published Handbook Notice No 94, which includes changes to the Handbook made by the FCA board on 25 November 2021 and 16 December 2021.

The Financial Conduct Authority (FCA) has published Market Watch issue 78. This issue covers the FCA’s supervisory observations covering the completeness and accuracy of instrument reference data (IRD) under Commission Delegated Assimilated Regulation (EU) 2017/585 (UK RTS 23) and will be of particular interest to recognised investment exchanges (RIEs), multilateral trading facilities (MTFs), organised trading facilities (OTFs) and systematic internalisers (SIs).

The Financial Conduct Authority (FCA) has published Market Watch issue 79. This issue covers the FCA’s observations on the failures of market abuse surveillance caused by issues with factors such as data and automated alert logic, and a recent peer review of firms’ testing of front-running surveillance models.

The Financial Conduct Authority (FCA) has published issue 80 of its Market Watch newsletter on market conduct and transaction reporting issues. It includes the FCA’s observations about what firms can do to ensure compliance with SYSC 6.1.1R when dealing for overseas clients who operate aggregated accounts that provide no visibility of the ultimate beneficial owners (UBOs).

The Financial Conduct Authority (FCA) has published findings from a Multi-Firm Review examining how banks and building societies’ policies handle bereavement and power of attorney cases. The FCA has identified that while some firms have effective policies and procedures to support customers, others have staff who are unclear about necessary actions and timelines, leading to difficulties for individuals and their representatives in accessing funds for essential bills, especially during emergencies like mental health crises. The FCA has published examples of good and poor practices to guide firms in providing better support, emphasising adaptability and prioritising consumer needs, in line with the Consumer Duty. The FCA emphasises the importance of the Consumer Duty in ensuring good outcomes for all customers and has communicated these findings to the firms involved, expecting them to take action.

The Financial Conduct Authority (FCA) has published its ‘Multi-firm Review of trading apps: high-level observations’ to assist new firms and traditional investment brokers in understanding their obligations. The review assessed 12 trading app firms, identifying positive practices and areas needing improvement in business models, revenue drivers, digital engagement practices, and appropriateness testing. Additionally, the FCA published Occasional Paper 66, which examines how app features influence consumer behaviour, finding that apps with more digital engagement practices attract younger, lower-income users who trade more frequently and often experience poorer investment returns. The FCA urges firms to consider these findings to enhance consumer protection practices.

The Financial Conduct Authority (FCA) has published its Occasional Paper 67 which evaluates liquidity in the UK corporate bond market. The report utilises updated MiFID II (Directive 2014/65/EU)transaction data from 2018 to 2024 to examine market liquidity, dealer inventory risk, and yield spreads during a period of significant economic disruption. It documents a marked deterioration in liquidity immediately following the onset of coronavirus restrictions in 2020, followed by a prolonged phase of persistent challenges from mid-2021 to mid-2023 amid rising inflation and increased interest rates. Despite these adverse conditions, the analysis indicates a strong recovery in 2023 and 2024, as reflected by rising transaction volumes, enhanced liquidity measures, and reduced yield spreads. The study also addresses the impacts of Brexit, pandemic-related disturbances, and central bank interventions, providing a basis for informed regulatory policy designed to improve market transparency and resilience.

The Financial Conduct Authority (FCA) has published the outcomes of its March 2025 Open Finance Sprint, which brought together over 110 stakeholders from the finance, technology and regulatory sectors. The Sprint focused on developing practical data-sharing use cases across four opportunity areas: financial wellbeing, financial growth, financial resilience and digital identity. The report highlights the need for interoperable data infrastructure, agile regulation and ethical innovation to support a secure, intelligent and consumer-empowered financial system by 2030. Key enablers identified include artificial intelligence (AI), agentic AI, digital identity solutions and common API standards. The initiative forms part of the FCA’s Strategy 2025 and supports the UK’s broader smart data objectives. A roadmap is expected by March 2026 to guide the UK’s progress in open finance and smart data innovation.

The Financial Conduct Authority (FCA) has published new forms and checklists for submissions under its Prospectus Rules: Admission to Trading on a Regulated Market (PRM) sourcebook, which comes into force on 19 January 2026. The PRM will replace the existing Prospectus Regulation Rules sourcebook as part of the UK's new regime for public offerings of securities and admissions to trading, with the Public Offers and Admission to Trading Regulations 2024 (POATR) simultaneously replacing the UK Prospectus Regulation. From 1 December 2025, issuers may submit draft prospectuses, registration documents, universal registration documents, securities notes and summaries prepared under the new framework for approval on or after 19 January 2026 via the Electronic Submission System. The published materials include updated payment forms, document review forms, sponsor declarations, and listings data management forms. The FCA has indicated that completed forms will only be accepted from 19 January 2026, with specific transitional arrangements for documents submitted under the existing regime but not approved before the implementation date.