The Financial Conduct Authority (FCA) has published a webpage on changes to the Financial Promotions Order, saying it will continue to work with the government on how the financial promotions regime can be strengthened to avoid consumer harm, while ensuring access to sustainable sources of investment for growing businesses. It follows the government’s announcement in its Spring Budget 2024 that it will legislate to reinstate the previous eligibility criteria to qualify as a high-net-worth or sophisticated investor.

The Financial Conduct Authority (FCA) has published a webpage providing information on when and how firms are required to prepare wind-down plans, with sections covering when wind-down plans need to be prepared; how to prepare a wind-down plan; planning for a wind-down; and scenarios for a wind-down plan.

The Financial Conduct Authority (FCA) has published its whistleblowing data for Q2 2025, showing it received 315 new reports between April and June 2025, up from 281 in Q1 2025 and 253 in Q2 2024. Of these, 68% of whistleblowers shared their identity, while 32% remained anonymous. The 315 reports contained 1,130 allegations, with the most common relating to compliance (199), fitness and propriety (162), and organisational culture (147). The FCA closed 350 reports during this period, taking significant action in 8 cases (2.3%), action to reduce harm in 147 cases (42%) and using 181 reports (52%) to inform its work. Eleven reports (3.1%) were not considered indicative of harm and two (0.6%) were classified as other. Most reports were submitted via the online reporting form (155), followed by email (89), telephone (52), other methods (12) and letter (7).

The Financial Conduct Authority (FCA) has published its whistleblowing activities data for Q1 2025, detailing the receipt, assessment, and closure of reports. The FCA received 281 new reports; notably 64% of whistleblowers provided contact details, facilitating follow-up communications. Collectively, these reports contained 752 allegations. The highest number of allegations related to compliance issues, followed by  concerns related to fitness and propriety, consumer detriment, culture and the FCA’s Consumer Duty. The FCA closed 468 whistleblowing reports between January and March 2025. Of these, 12 reports (2.6%) required significant FCA action, such as enforcement action, a skilled person report or restriction, 192 (41%) prompted measures to reduce harm such as supervisory visits, requests for information or attestations, and 213 (45.5%) informed the FCA’s work without necessitating immediate intervention. A further 37 reports (7.9%) were documented for future reference as they were not deemed indicative of immediate harm, while 14 reports (3%) fell within other classifications.

The Financial Conduct Authority (FCA) has published research analysis looking at cryptoasset holdings in the UK and consumers’ understanding, attitudes and behavioural patterns towards them. The FCA report also provides an update on supervisory, enforcement and criminal actions taken since its previous publication in June 2023.

The Financial Conduct Authority (FCA) has published a paper on the UK pure protection market for retail customers. It is one of two papers related to the pure protection market study that the FCA intends to publish in 2025 before an interim report is issued around the end of the year. In the paper, the FCA notes that the market is concentrated, with the top five insurers accounting for around 80% of new business premiums in 2023, while distribution remains fragmented. Although not a formal consultation, the FCA welcomes feedback by 15 October 2025.

The Financial Conduct Authority (FCA) has announced that it has recovered funds from an unauthorised deposit-taking scheme operated by Bright Managment Solution Limited [sic] and others. Investors will receive money back totalling £533,000 after the High Court granted a distribution order to the FCA.

The Financial Conduct Authority (FCA) has published ‘Establishing trust in sustainable investment products’ reflecting on the current state of its sustainable investment products regime, following measures introduced in 2023 to improve trust in and transparency of sustainable investment products. To avoid uncertainty whilst maintaining the flexibility built into the regime, the FCA sets out pre-contractual disclosure examples illustrating how applicants can meet the requirements.

The Financial Conduct Authority (FCA) has published a decision notice to Zeux Limited announcing its decision to refuse Zeux Limited’s application for registration as a cryptoasset exchange provider under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). The application, submitted in June 2022, was rejected due to Zeux Limited's failure to implement adequate anti-money laundering controls and effective risk management. The FCA emphasises the importance of such controls to protect the integrity of financial markets and prevent money laundering, terrorist financing, and sanctions evasion. The FCA encourages firms seeking crypto registration to engage with them early, seek guidance through pre-application meetings, and ensure complete applications.

The Financial Conduct Authority (FCA) is the regulator of claims management companies (CMCs) established or serving customers in England, Wales and Scotland. At the same time, the Financial Ombudsman Service (FOS) has responsibility for resolving complaints about CMCs. This Practice Note provides information on the FCA’s regulation of CMCs, the FCA’s authorisation process and supervisory approach to CMCs, and the parts of the FCA Handbook applicable to CMCs. It also provides historical information on the transfer of the regulation of CMCs from the Claims Management Regulation Unit within the Ministry of Justice to the FCA in April 2019. Claims management regulated activities and the scope of regulation Claims management relating to six different sectors of claims (broadly, financial services and products; personal injury; housing disrepair; specified benefit; criminal injury; and employment) are the subject of separate regulatory permissions. There are seven permissions in total: • one permission for seeking out, referrals and identification of claims or potential claims, irrespective of the CMC sector, and • one permission for each of the six sectors noted

Law360, London: The Financial Conduct Authority (FCA) has rejected an application by a law firm and a group of hospitality sector trade groups to extend the deadline for business interruption claims linked to the coronavirus (COVID-19) pandemic.

The Financial Conduct Authority (FCA) has published its authorisations operating service metrics 2024/25 Q2, covering July 2024—September 2024. The report demonstrates strong overall performance, with 12 metrics meeting targets (green), 4 partially meeting targets (amber), and none missing targets (red). 98.5% of applications across all metric areas were determined within the statutory deadline. The next quarterly report, covering Q3 2024/25, is scheduled for release in February 2025.