| 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 risk management (particularly around cloud concentration and data) and advancing business planning for 2026/27.
- Strategic discussions focused on the FCA’s wholesale capital markets reform programme, aimed at improving transparency, encouraging innovation, and simplifying rules to support market integrity and UK competitiveness.
- The Board approved several regulatory instruments, including updates to contactless payment authentication, sustainability disclosures, and data reporting reductions. It also approved pension plan appointments and the new Chair of the Oversight Committee.
- Updates from the FCA and PRA CEOs highlighted major upcoming communications, reviews, and policy developments. The Board noted external engagement activities, including Treasury Select Committee discussions, the FCA’s motor finance redress consultation, an update on Firm Checker and the FCA’s communication campaign to promote the Firm Checker, encouraging consumers to verify firms before investing.