The Financial Stability Board (FSB) has published its 2024 list of global systemically important banks (G-SIBs), maintaining the total number at 29. The capital buffer requirements established by the 2024 list will be effective from 1 January 2026. The Basel Committee on Banking Supervision (BCBS) has published supplementary information regarding its 2024 assessment of G-SIBs, including an updated G-SIB interactive dashboard.

The Financial Stability Board (FSB) has published a letter from its Chair, Andrew Bailey, to G20 Finance Ministers and Central Bank Governors ahead of their meeting on 15–16 October 2025. In the letter, Bailey warns that incomplete and inconsistent implementation of G20-agreed financial reforms continues to leave the global financial system vulnerable to shocks. He emphasised the need for enhanced multilateral cooperation and a shift in focus from policy development to implementation and surveillance, particularly in light of elevated geopolitical and economic risks. Bailey outlines the FSB’s commitment to strengthening its monitoring processes, improving agility in identifying emerging vulnerabilities, and deepening engagement with stakeholders.

Law360: Small businesses might have to raise prices, cut jobs or face lower profit margins if the government goes ahead with potential plans to increase employer pension contributions amid its wider probe into retirement savings adequacy, the Federation of Small Businesses (FSB) has said.

The Financial Stability Board (FSB) has published policy recommendations to enhance the liquidity preparedness of non-bank market participants for margin and collateral calls in centrally and non-centrally cleared derivatives and securities markets, including securities financing such as repo. The recommendations aim to address liquidity strains in the non-bank financial intermediation (NBFI) sector arising from spikes in margin and collateral calls during market stress.

The Financial Services Compensation Scheme (FSCS) has published its spring Outlook, confirming the total levy payable by firms for 2025–26 at £356m, which is £38m lower than the estimate set out in its November 2024 Outlook. More than £56m was recovered in 2024–25, directly contributing to this reduction. In addition, projected compensation payments for 2025–26 have been adjusted to £332m, a decrease of £36m. The FSCS say that these changes are principally influenced by lower expected costs in the Life Distribution & Investment Intermediation class, paired with a higher recovery rate, while all other classes have remained consistent with forecasts. The next Outlook will be published in Autumn 2025.

The Financial Services Compensation Scheme (FSCS) has published its latest Outlook levy update for 2025/26, confirming that the levy will remain unchanged at £356m, as forecast in May 2025, with no additional levy expected for firms for the remainder of this financial year. An early forecast for 2026/27 projects a slight reduction in the levy to £342m. The FSCS Chief Executive, Martyn Beauchamp, also provides an update on compensation figures for this financial year.

The Financial Services Compensation Scheme (FSCS) has published its May 2024 Outlook statement, which includes an update on compensation figures and the levy for 2024/25, following the first look published in November 2023. The FSCS is forecasting a decreased levy from the estimate—down from £415m to £265m.

The Financial Services Compensation Scheme (FSCS) has announced that 12 regulated firms were declared in default between 1 April and 31 May 2025, meaning they have ceased trading and cannot meet claims. The largest compensation payments amounted to £350,000 concerning the default of Raedex Consortium Ltd, with compensation being paid out relating to the default of four other firms for sums between £50,000–£350,000. Customers of these firms can make claims directly through the FSCS website.

The Financial Services Compensation Scheme (FSCS) has declared Gibraltar-based Premier Insurance Company Limited in default after the motor insurer stopped trading and ceased paying claims in full. As a result, FSCS has stepped in to protect over 16,000 UK policyholders, including individuals and small firms with an annual turnover of less than £1m. The insurer had offered car, van and motorbike insurance across the UK and its failure does not affect similarly named UK-based brokers or firms.

The Financial Services Compensation Scheme (FSCS) has confirmed that it is accepting claims against Campbell and Associates Independent Financial Advice Ltd as part of its investigation into the firm's conduct. The FSCS announcement on 28 April 2025 follows earlier actions by the Financial Conduct Authority (FCA), which imposed restrictions on the firm on 9 February 2023, preventing it from undertaking regulated activities and reducing asset values without prior consent. Further conditions were imposed on the firm’s sole director, Mrs Lisa Campbell, on 3 April 2023, limiting her ability to perform approved activities without written permission. On 13 February 2025, Mrs Campbell was charged with multiple criminal offences including fraud by abuse of position and providing false or misleading information to the FCA. The investigation by the FSCS will assess whether customer claims meet the qualifying conditions for compensation, with an online claims service available for those affected.

The Financial Services Compensation Scheme (FSCS) has published its Annual Report and Accounts for 2023/24 and its Class Statements for 2023-24. In its report Annual Report the FSCS outlines its overall performance over the past financial year. In a separate report, the Class Statements 2023-24 summarise the source of funds from FSCS levy payers by class. The statements allow levy payers to follow levies set at the beginning through to the end of the financial year.

The Financial Services Compensation Scheme (FSCS) has published its Annual Report and Accounts for 2024/25 alongside its Class Statements for 2024/25. In its Annual Report, FSCS outlines its overall performance during the financial year, including compensation paid and recoveries made. In a separate report, the Class Statements summarise the source of funds from FSCS levy payers by class, allowing levy payers to track how levies set at the beginning of the year were allocated by year-end.