The Financial Conduct Authority (FCA)'s webpage setting out how to apply for, change, withdraw or cancel approval for a controlled function, including a senior management function (SMF), has been updated to include further information on the Form B (withdraw an application) process. Form B is used when a firm or candidate seeks to withdraw an application for approval to perform a controlled function.

The Financial Conduct Authority (FCA) has updated its 'Handbook of rules and guidance' webpage announcing the forthcoming beta launch of a redesigned Handbook website, as part of its five-year strategy to become a smarter regulator. The new website will retain the existing structure and content but is intended to improve usability by making it easier to navigate, understand how rules interconnect, and compare different versions of text to identify changes over time. During the beta phase, both the current and new Handbook websites will be available to ensure functionality, and supporting resources such as how-to guides and FAQs will be provided. The FCA expects to fully roll out the new Handbook website later in 2025, with updates to rules and guidance continuing as normal throughout the transition.

The Financial Conduct Authority (FCA) has updated its webpage on good and poor quality applications made to it under the cryptoasset anti-money laundering and countering the financing of terrorism (AML/CFT) regime. The webpage now includes a summary of the applications for registration the FCA has received and the outcomes of the applications that have been determined, as at 1 March 2024.

The Financial Conduct Authority (FCA) has updated its webpage on its use of attestations as a supervisory tool, to include information on the number of attestations by sector and conduct classification for Q2 2023/24 (July-September 2023).

The Financial Conduct Authority (FCA) has updated its webpage on 'Cash-based money laundering,' detailing its efforts to mitigate money laundering through cash deposits, including those at the Post Office, and its expectations for firms' financial crime systems and controls. The FCA states that banks have made significant progress in implementing revised controls designed to reduce the risk of money laundering via the Post Office. Firms are expected to keep their controls under review to ensure they are proportionate to the risk and suitable for their customer base, this includes effective communication with customers so that legitimate customers, particularly businesses, understand where they can deposit and withdraw the cash they need. The FCA plans a proactive multi-firm review in 2025/26 to assess financial crime risks from cash-based money laundering.

The Financial Conduct Authority (FCA) has updated its webpage to reflect feedback received on the discussion paper ‘DP23/1: Finance for Positive Sustainable Change’ that was published in February 2023. The FCA says the responses received were generally positive about the importance of sustainability matters and the themes outlined in DP23/1. However since publishing DP23/1, the FCA notes that it has introduced rules related to some of the themes, including the Consumer Duty, Sustainable Disclosure Requirements (SDR) and labelling rules, and the Anti-Greenwashing Rule and is therefore not currently considering introducing new rules on the themes discussed in DP23/1. Instead the FCA says it will continue to promote the themes discussed in DP23/1 through other initiatives, both domestically and internationally.

The Financial Conduct Authority (FCA) has updated its skilled person reviews webpage with information on the number of reports commissioned in Q3 (October–December) 2024/25.

The Financial Conduct Authority (FCA) has published whistleblowing data for Q2 2024, showing the number of new reports it received between April and June 2024, and existing reports closed during this time period.

The Financial Conduct Authority (FCA) has published whistleblowing quarterly data for Q3 2024 and revealed that it has received 322 new whistleblowing reports between July and September 2024, which is an increase from the reports received in the same quarter of 2023, and 253 reports in Q2 2024.

The Financial Conduct Authority (FCA) has published a webpage for international firms seeking authorisation for wholesale activities in the UK under the Financial Services and Markets Act 2000 (FSMA 2000), outlining the minimum standards and the threshold conditions which firms have to meet.

Law360, London: Britain’s Financial Conduct Authority (FCA) must step in to protect customers from unfair claims handling practices by insurers that feature high rejection rates, according to a consumer advocacy group.

Law360, London: The Financial Conduct Authority (FCA) must be prepared to take tough action against insurers on premium finance, a consumer group warned, as it revealed that interest charged on monthly repayments was still above 30% despite repeated warnings from the regulator.