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Archive

LMA launches AI Adoption Toolkit

Link(s):          LMA - LMA launches AI Adoption Toolkit to support governance-led implementation across the Lloyd’s market LMA - AI Adoption ToolkitLMA-AI-Adoption-Toolkit-2026.pdf Context The LMA, in collaboration...

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UK faces ‘perfect storm’ for cyber security

Link(s):          Cyber chief: UK faces "perfect storm" for cyber security | National Cyber Security CentreNCSC CEO keynote speech, CYBERUK 2026 | National Cyber Security Centre Context The head of the UK’s cyber...

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FCA Speech: ‘Getting firms fit to run’

Link(s):  Getting firms fit to run | FCA Context The FCA has published a speech delivered by Sheree Howard, FCA Executive Director of Authorisations, at the Association of Professional Compliance Consultants (APCC) Spring Conference 2026 in London.  Howard...

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FCA announces second cohort for AI Live Testing

Link(s):  FCA announces second cohort for AI Live Testing | FCA Context The FCA has announced, in a new web page as well as in Jessica Rusu’s speech, the second group of firms selected to join AI Live Testing. Eight new firms (Aereve, Coadjute, Barclays,...

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FCA publishes Innovation Insights 2025

Link(s):  Innovation insights 2025 | FCA Innovation Insights Context The FCA has published an ‘Innovation Insights 2025’ report, which explores what is changing in the fintech world, where the risks are shifting, and how FCA innovation services are helping...

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ASA/CAP publish Annual Report 2025

Link(s):  Annual Report 2025 - ASA | CAPASA and CAP Annual Report 2025 - ASA | CAPasa-and-cap-2025-annual-report.pdf Context The ASA and CAP have published their Annual Report 2025, in a downloadable .pdf format.  The announcement includes a one-minute...

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OFSI publishes its Strategy 2026-29

Link(s):  OFSI Strategy: 2026 - 2029 - GOV.UK FSI Strategy 2026-29 – Office of Financial Sanctions Implementation Context OFSI has published its Strategy for 2026-2029. It sets out OFSI’s core objective: to ensure financial sanctions are...

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FCA updates Consumer Duty information for firms

Link(s):  Consumer Duty information for firms | FCA Context The FCA’s Consumer Duty web page has been updated to include information covering Data Protection law and vulnerability related data. Key points to note and next actions The following information...

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CII data: Insurers responding to consumer concerns

Link(s):  Insurers responding to consumer concerns Context New data published by the CII reveals that consumers believe insurers are responding to their concerns about loyalty.  Overall consumer satisfaction with insurers rose to 86% in Q1 2026, returning to...

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EIOPA publishes its third IDD application report

Link(s):  Third IDD application report - European Insurance and Occupational Pensions Authority3rd Report on the application of the Insurance Distribution Directive (IDD)EIOPA-26-078 - Survey results on the insurance intermediaries’ market structure and...

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PRA and FCA launch new s166 Skilled Persons panel

Link(s):  Supervision | Bank of England Context The PRA and the FCA have launched a new Skilled Persons panel effective from 1 April 2026, which will be in place for four years until 31 March 2030. This panel supports the commissioning of Skilled Person...

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FCA confirms annual increase in the FOS award limit

Link(s):  PS19/8: Increasing the award limit for the Financial Ombudsman Service | FCA Context The FCA has announced, as part of its Regulation Round-Up communication, that the award limit for complaints referred to FOS will increase from 1st April 2026. Key...

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FCA publishes Handbook Notice 139

Link(s):  Handbook Notice 139 Context The FCA has published Handbook Notice 139, confirming a number of Handbook changes and when they will come into force.  The more relevant items are set out below. Key points to note and next actions A new DISP 3.1A sets...

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Lloyd’s publishes 2025 Annual Report and Results

Link(s):Lloyd’s market delivers strong full year performance; very strong balance sheet; increased capitalFull Year Results 2025Lloyd's Annual Report 2025FY25 Analyst Deck FINAL.pdfChair's Statement 2025 | Lloyd'sChief Executive Statement 2025 | Lloyd'sOur Strategy...

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CMA publishes its Annual Plan 2026 to 2027

Link(s):  CMA Annual Plan 2026 to 2027 - GOV.UKAnnual Plan 2026 to 2027 - GOV.UKSummary of responsesCMA Strategy 2026 to 2029 - GOV.UK Context The CMA has published its first detailed implementation plan under its new 2026 to 2029 Strategy, which set out...

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FSCS publishes its five-year strategy 2026-2031

Link(s):  FSCS sets out new five-year strategy | FSCS | FSCSOur purpose, vision and strategy | FSCS | FSCSFSCS Five Year Strategy 2026-31 Context FSCS has announced the publication of its new five-year strategy setting out its priorities for 2026-2031.  The...

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FCA publishes an updated Perimeter Report  

Link(s):FCA perimeter report | FCA Context The FCA has updated its Perimeter Report, which sets out the most significant current issues the FCA sees at the edge of its remit (its ‘perimeter’) and the actions needed in response, including where legislative change may...

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FCA sets out its annual work programme 2026-27

Link(s):  FCA sets out next phase of smarter, more effective regulation | FCAFCA annual work programme 2026/27 | FCA Context The FCA has set out the next phase of smarter, more effective regulation by publishing its annual work programme for 2026-27, the...

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ABI responds to Government Fraud Strategy

Link(s):   ABI responds to Government Fraud Strategy | ABI Context The Government has published its new Fraud Strategy for 2026–29, setting out its latest plans to strengthen the UK’s approach to tackling fraud.  The ABI has published its response to the new...

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PRA fines Direct Line Group (UK Insurance Limited) £10.6m

Link(s):  PRA fines U K Insurance Limited £10,625,000 | Bank of Englandfinal-notice-u-k-insurance-limited.pdf Context The PRA has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their...

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FCA publishes Quarterly Consultation Paper 51 – CP26/8

Link(s):CP26/8: Quarterly consultation paper No. 51 | FCACP26/8: Quarterly Consultation Paper No. 51 Context The FCA has published Quarterly Consultation Paper 51 – CP26/8.  There is one item of note for our clients (see Chapter 4 and Appendix 3) in relation to making...

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ASA guidance on pricing transparency  

Link(s):  Put your money where your mouth is - ASA | CAP Context The ASA has published a Committee of Advertising Practice (CAP) article in relation to pricing transparency.  The Digital Markets, Competition and Consumers Act 2024 (DMCCA) came into force...

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FCA Regulatory Priorities: Insurance Report update

Link(s):A smarter approach to communicating our regulatory priorities | FCA Regulatory Priorities reports | FCA Regulatory Priorities: Insurance report Context We reported last week that the FCA launched the first of its new Regulatory Priorities reports, starting...

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FCA publishes its quarterly authorisations metrics data

Link(s):  FCA Authorisations operating service metrics 2025/26 Q3 | FCAAuthorisations operating service metrics Q3 2025/26 Context The FCA has published its quarterly authorisations metrics data from October to December 2025. Key points to note and next...

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FCA publishes Regulatory Priorities: Insurance Report

Link(s):A smarter approach to communicating our regulatory priorities | FCA Regulatory Priorities reports | FCARegulatory Priorities: Insurance report Context The FCA has launched new Regulatory Priorities reports, starting with the insurance sector. This marks a new...

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FCA publishes its whistleblowing quarterly data for Q4 2025

Link(s):Whistleblowing quarterly data 2025 Q4 | FCA Context The FCA has published its Q4 2025 whistleblowing data, which shows the number of new whistleblowing reports it received between October and December 2025, and the existing reports closed during this period....

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FOS publishes Q3 2025/26 complaints data

Link(s):Financial Ombudsman Service sees lowest complaint levels in two years – Financial Ombudsman serviceQuarterly complaints data: Q3 2025/26 – Financial Ombudsman service Context FOS has published its Q3 2025/2026 complaints data, along with its insights in...

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FCA publishes its 18 December 2025 Board minutes

Link(s):        FCA Board Minutes: 18 December 2025 Context The FCA has published the Board minutes from its 18 December 2025 meeting, on 11 February 2026. Key points to note and next actions Key themes included strengthening...

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FCA publishes Q3 2025/26 Skilled Persons Reports data

Link(s):Skilled person reviews | FCANumber of Skilled Persons Reports commissioned in 2025/26 Q3 (1 October 2025 – 31 December 2025) Context The FCA has updated its Skilled Persons Reviews web page to include a link to the Q3 2025/26 Skilled Persons Reports data.  The...

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ABI guest blog: “The FCA, fair value and simpler rules”

Link(s):The FCA, fair value and simpler rules | ABI Context The ABI has published a ‘guest blog’ by Joseph Thomson, Technical Specialist at the FCA.  Thomson explains that the ABI is working with FCA and other trade associations including BIBA on how they can ensure...

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