PS25/12 tightens safeguarding by mandating daily, evidence-backed reconciliations to prove customer funds are protected by May 2026.
The FCA safeguarding regime goes live in 2026. Learn what firms must do now, including resolution packs, audits, returns and accountability requirements.
FCA publishes new safeguarding rules (PS25/12), confirming the Supplementary Regime from May 2026
Digital Finance Newsletter July 2025 Welcome to the latest edition of our compliance newsletter. The eagle eyed among you will have noticed that we have had a change of name since the...
The FCA, The Bank of England, the PRA, and the PSR (“the regulators”) have an MoU in place which sets out the high-level framework for working and cooperating with one another in relation to payments in the UK.
Managing conflicts of interest, is something no one (other than complete reprobates) objects to in principle. However, it is something that can be tricky to navigate in practice. For FCA regulated firms...