PS25/12 tightens safeguarding by mandating daily, evidence-backed reconciliations to prove customer funds are protected by May 2026.
Cosegic strengthens financial crime, regulatory risk and compliance capabilities through its acquisition of FINTRAIL, expanding specialist support for global firms.
By 2026, FCA supervision for UK payments firms will be less about policy and more about proof. The focus is on governance, control effectiveness and evidenced outcomes, with limited tolerance for growth that outpaces risk management and operational resilience.
The UK government plans to introduce a Provisional Licence Regime to help start-ups gain FCA authorisation with time-limited permissions and reduced barriers to entry.
Stay updated with January 2026's top regulatory changes for investment firms, from enhancing fund liquidity risk management, Consumer Duty and boosting the UK Investment culture.
Explore FCA regulatory developments for insurance, mortgages and consumer credit firms.
Explore FCA regulatory priorities for investment firms, including growth, digital innovation, private markets, outcomes-focused regulation and financial crime.
UK crypto regulation is moving crypto firmly into the financial mainstream, forcing firms to shift from growth-led models to capital-aware, well-governed and risk-controlled operations.
The 2025 Life Insurance Stress Test (LIST 2025) provides the first clear view of how UK life insurers are performing under the Solvency UK regime, confirming the sector’s resilience even under severe but plausible stress scenarios and reinforcing the importance of strong risk management and capital planning.
FCA Consumer Duty remains a top priority under the FCA Strategy 2025–2030. Learn what firms can expect from reviews, fair value assessments and sector-specific work.
Stablecoin regulation is reshaping global payments. Explore how UK, US and EU regulatory approaches are influencing strategy, competition and the future of digital finance.
FCA reviews MIFIDPRU regulatory reporting and highlights key issues with ICARA, K-factors, SNI status and OFTR calculations.
Insights from the UK Finance Economic Crime Congress on UK economic crime, including fraud prevention, data sharing, public–private partnerships and FCA priorities for 2025–2026.
Stay updated with December 2025’s top regulatory changes for investment firms, from BFSA and FCA reviews to US AML delays, Form PF changes and SEC 2026 priorities.
The FCA is introducing the new CCR009 return - replacing several existing reports and requiring consumer credit firms to provide more detailed, accurate data on their permissions, operations, and revenues from May 2025.
The FCA safeguarding regime goes live in 2026. Learn what firms must do now, including resolution packs, audits, returns and accountability requirements.
The Autumn Budget highlights UK high-street money laundering, stronger enforcement, AML strategy changes and updates to the Economic Crime Levy.
Fraud detection becomes critical during peak shopping periods. Learn how firms can strengthen controls to prevent APP fraud and seasonal scams.
The FCA reviews credit builder products, highlighting limited effectiveness, consumer risks and the need for clearer communication and stronger product governance.
UK payments and e-money firms face a new reality: disciplined scalability, stronger governance, tighter economics and smarter product investment.
We outline the nine crucial elements of preparing for a financial crime audit, with a link to a checklist for you to use in the lead up to your audit.
Our takeaways from Financial Crime 360 2025.
The FCA will become the single AML supervisor for professional services. Maya Braine explains what this means for firms.
The FCA has just published the outcomes of a survey of corporate finance firms (CFFs). The results send a clear message: many firms remain vulnerable to financial crime risks and regulatory censure because key controls are missing or underdeveloped.
The FCA’s CP25/25 proposes bringing UK crypto firms under mainstream FCA standards on governance, resilience, and consumer protection. It also seeks views on extending FOS redress and Consumer Duty. Responses close 12 November 2025.
On 8 September 2025, the FCA’s Market Watch 83 flagged weaknesses in firms’ handling of inside information, governance, and personal account dealing, urging stronger controls and compliance.
On 8 September 2025, the FCA’s Market Watch 83 flagged weaknesses in firms’ handling of inside information, governance, and personal account dealing, urging stronger controls and compliance.
FCA blog highlights changing role of credit, with focus on innovation, consumer protection, and support.
HM Treasury plans targeted reforms to the Appointed Representatives Regime to improve oversight and consumer protection.
Edward Vincent shares his career journey from the Bank of England to Cosegic, where he helps clients navigate digital finance and regulatory change.
FCA review links rising motor premiums to higher claim costs and flags poor claims handling, with a premium finance study underway.
FCA publishes new safeguarding rules (PS25/12), confirming the Supplementary Regime from May 2026
On the 16 July 2025, the Payment Systems Regulator (PSR) published its dashboard on the management of reimbursement claims since its policy was imposed on in-scope firms 6 months ago. It remains...
The UK government’s 2025 National Risk Assessment (NRA) has arrived, offering critical updates on money laundering and terrorist financing risks since the last assessment in 2020. This is the first NRA in...
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...
On 15 July 2025, Rachel Reeves, set out the government’s next steps to boost the UK’s financial services industry in her Leeds Reforms. Simultaneously, HMT, the FCA and the Bank of England...
Published in May 2025, the FCA’s Policy Statement PS25/4 introduced a significant regulatory shift for UK fund managers. While the policy came into effect two months ago, its practical implications are only...
New rule under COCON The Financial Conduct Authority (FCA) is introducing a new rule under the Code of Conduct (COCON) to explicitly address non-financial misconduct (NFM), such as bullying, harassment, and violence,...
On 7 November 2024, we published an article about how the FCA interviewed twenty finfluencers under caution. That was at the end of October 2024. Well, it seems that the FCA has...
In 2024–25, the Financial Conduct Authority (FCA) conducted a thematic review of 14 e-money and payment firms, assessing their frameworks for enterprise and liquidity risk, as well as their preparedness for an...
In a recent news blog, Nikhil Rathi, FCA Chief Executive, and John Edwards, UK Information Commissioner (ICO) have stated that the FCA and ICO will be joining forces and working together to...
Prudential Services is now part of the Financial Resilience sector at Cosegic. The Financial Conduct Authority’s (FCA’s) release of the new draft rules is relevant to firms and consumers that either plan to or...
The Financial Conduct Authority (FCA) recently held two separate information sessions to support firms seeking authorisation in the Crypto and the Digital Finance sectors. The session for Cryptoasset applicants took place on...
The latest UK Finance Annual Fraud Report offers a detailed view of the evolving fraud environment that directly affect payment service providers (PSPs). In 2024, the UK saw a record-breaking 3.31 million...
In a recent update published 5 June 2025, the FCA is looking ahead of the Supreme Court decision and are setting out the points for consideration if a redress scheme was introduced...
Following the recent publication by HM Treasury, which proposes regulating cryptoassets under FSMA, the FCA has published two consultation papers titled CP25/14 and CP25/15. This article focuses on CP25/14, specifically on two...
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...
The Financial Conduct Authority’s (FCA or the ‘regulator’) latest communication on improving contactless payments has sparked a great deal of interest in the payments industry. The proposed approach involves a physical payment...
Financial crime and anti-money laundering (“AML”) controls are only effective when they work as intended: to prevent and mitigate illicit activity. Regular audits are one of the most reliable ways to evaluate...
Last year, the Government ran a six-week consultation between 17 October and 29 November 2024 on proposals for bringing currently unregulated Buy-Now, Pay-Later (BNPL) products into regulation. This consultation also included draft...
In 2025, one of the most exciting trends in UK capital markets is unfolding quietly but powerfully: retail access to private markets. Historically the preserve of institutions and ultra-high-net-worth investors, private equity,...
The UK is a world leader and a global hub for commercial insurance, providing expertise in underwriting complex and specialty risks, and handling risks from all over the world. At the same...
Since the introduction of the UK’s Authorised Push Payment (APP) scam reimbursement requirement on 7 October 2024, the Payment Systems Regulator (PSR) has reported encouraging progress in both consumer protection and industry...
On 8 May 2025, the FCA published the findings of its review into the business models of smaller asset managers and alternative investment firms. The review aims to support new market entrants...
On the 9th May 2025, Matthew and Nikolas West (“the brothers”) pleaded guilty to insider dealing in the shares of four companies between November 2016 and January 2020 (“the period”), following a...
“Something old, something new”: this traditional wedding phrase mirrors HM Treasury’s approach to cryptoasset regulation. On 29 April, the HMT released draft rules proposing that cryptoassets be regulated under the Financial Services...
Last year, the Financial Conduct Authority (FCA) announced that it was conducting a review of how firms treat customers in vulnerable circumstances. It also took the opportunity to consider whether its existing...