News & Analysis as of

United Kingdom Regulatory Oversight

Hogan Lovells

FCA publishes observations following a multi-firm review of algorithmic trading controls

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On 22 August 2025, the Financial Conduct Authority (“FCA”) published its high level observations following a multi-firm review of algorithmic trading controls. During the review, the FCA assessed a sample of principal trading...more

A&O Shearman

UK FCA Continues to Simplify Supervisory Communications

A&O Shearman on

The UK Financial Conduct Authority (FCA) has confirmed further steps to simplify its supervisory communications, building on its April announcement and aligning with its Consumer Duty Requirements Review. The FCA confirms it...more

A&O Shearman

UK FCA Issues Statement on Workplace Savings Schemes

A&O Shearman on

The UK Financial Conduct Authority (FCA) has issued a statement alongside a press release aimed at clarifying the rules surrounding workplace savings schemes. These schemes, which allow employees to save directly from their...more

White & Case LLP

UK FDI: Key Takeaways from the Government's 2024/25 Annual Report and Plans for Reform

White & Case LLP on

The fourth Annual Report on the UK's National Security and Investment Act 2021 (the "NSIA"), covering the period from April 2024 to March 2025 has been released. The Report provides some valuable insights into the review...more

A&O Shearman

HMT Releases New Collections of Joint Statements on Financial Partnerships

A&O Shearman on

HM Treasury (HMT) has published five new webpages, each with a collection of joint statements from key international financial partnerships reflecting their shared commitments and the outcomes they are seeking to achieve....more

Morgan Lewis - Tech & Sourcing

Navigating the UK’s Online Safety Act: Implications for Global Digital Services

The United Kingdom’s Online Safety Act (OSA or the Act), which received Royal Assent in October 2023, establishes a new statutory framework to address harmful online content, protect children, and promote accountability among...more

A&O Shearman

UK Future Entity for Open Banking to Be Established by End of 2025

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The UK Financial Conduct Authority (FCA) has published a feedback statement on the design of the Future Entity for UK open banking (FS25/4). The feedback statement responds to the feedback received to the consultation, which...more

A&O Shearman

FCA Update on Sustainability-linked Loans Market

A&O Shearman on

The UK Financial Conduct Authority (FCA) published a letter to heads of sustainable finance on the sustainability-linked loan (SLL) market and by way of update since the FCA's previous letter on this topic in 2023. The FCA...more

Katten Muchin Rosenman LLP

A (Byrne &) Storm is Brewing – Do Not Ignore the Online Safety Act’s International Reach

Earlier this year, as deadlines for online platforms passed to implement highly effective age verification and to conduct risk assessments, we wrote extensively about Ofcom’s ramp up of enforcement programme and their flurry...more

A&O Shearman

HMT Confirms Policy Changes to UK's Appointed Representative Regime

A&O Shearman on

HM Treasury (HMT) published a policy statement on the appointed representatives regime, setting out how it proposes to adjust the appointed representative (AR) legislative framework to provide further needed protection for...more

DLA Piper

Art Market Integrity Act Introduced With Bipartisan Support to Combat Money Laundering Risks in the Art Industry

DLA Piper on

Senate Judiciary Committee Chairman Chuck Grassley (R-IA) and Senator John Fetterman (D-PA) have introduced the Art Market Integrity Act (AMIA) in Congress....more

A&O Shearman

UK Regulators Propose Additional UK EMIR Reporting Q&A

A&O Shearman on

The Bank of England (BoE) and Financial Conduct Authority (FCA) have together published a consultation paper on proposed additional Q&A under the UK's European Market Infrastructure Regulation....more

A&O Shearman

UK House of Lords Committee's Concerns in Relation to Motor Finance Redress Proposals

A&O Shearman on

The UK's House of Lords Financial Services Regulation Committee (the Committee) published its letter to the FCA, expressing concern and requests for further information in relation to the FCA's motor finance redress...more

A&O Shearman

UK FCA Publishes New Webpage Consolidating Its Work on Wholesale Bank Supervision

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The UK Financial Conduct Authority (FCA) published a new "Wholesale banks supervision" webpage which consolidates insights from the FCA's multi-firm and other supervisory work involving wholesale banks. The webpage covers a...more

K&L Gates LLP

Europe: UK FCA Confirms the Circumstances in Which it May Make Public Announcements About Live Investigations

K&L Gates LLP on

We discussed in an earlier blog that the United Kingdom’s Financial Conduct Authority has axed proposed “name and shame” rules, retaining only an ability to make a public announcement about an investigation in “exceptional...more

A&O Shearman

UK FCA issues updated Enforcement Information Guide

A&O Shearman on

The UK Financial Conduct Authority published an updated Enforcement Information Guide, which reflects changes in the FCA Handbook to its revised Enforcement Guide (ENFG) and the Decision Procedure and Penalties manual (DEPP)....more

Orrick, Herrington & Sutcliffe LLP

UK Financial Conduct Authority issues feedback on the new standard-setting body for open banking

On August 8, the Financial Conduct Authority (FCA) published feedback on the creation of the primary regulator for open banking, the “Future Entity.” The Future Entity will establish and oversee core standards, including API...more

Katten Muchin Rosenman LLP

Bank of England Consults on Regulatory Framework for CCPs

The Bank of England (BoE) has published a consultation (Consultation) on the UK's future regulatory framework for central counterparties (CCPs). This initiative forms part of the UK's post-Brexit financial regulatory reform,...more

A&O Shearman

HMT policy statement on the Appointed Representatives Regime: addressing key gaps and proposals for

A&O Shearman on

The appointed representatives regime has been around longer than many of us might realise, having been introduced in 1986, and so predating our beloved Financial Services and Markets Act 2000 (FSMA) by some years. No doubt,...more

A&O Shearman

UK FCA urges CMCs to review financial promotions regarding motor finance claims

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a letter dated 31 July, addressed to claims management companies (CMCs) involved with motor finance claims, urging them to review their financial promotions to ensure...more

Herbert Smith Freehills Kramer

The NSTA’s New Disclosure Policy

On 31 July 2025, the North Sea Transition Authority (NSTA) confirmed its new approach to regulatory transparency by announcing its intention to publicly name companies subject to ongoing investigations and those who fail to...more

Skadden, Arps, Slate, Meagher & Flom LLP

PRA Announces Reform to the UK Insurance Special Purpose Vehicles Regulatory Framework

- What is new: The PRA has published a policy statement finalising reforms to the UK insurance special purpose vehicles regulatory framework, including changes to funding, grace periods, authorisation and contract...more

A&O Shearman

UK PRA publishes discussion paper on proposed reforms to IRB approach for residential mortgages

A&O Shearman on

The UK Prudential Regulation Authority (PRA) has published discussion paper DP1/25 inviting views on potential reforms to the internal ratings based (IRB) approach to credit risk for residential mortgage exposures. The PRA...more

A&O Shearman

UK SRA and FCA issue warning to law firms and claims management companies over poor practices in motor finance commission claims

A&O Shearman on

The UK Solicitors Regulation Authority and the UK Financial Conduct Authority (FCA) have issued a joint warning addressed to law firms and claims management companies (CMCs) over poor practices in motor finance commission...more

A&O Shearman

UK FCA findings on digital design of loan processes in customers' online journeys

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published the findings from its review on digital design in customers' online journeys when accessing consumer credit, with related press release, identifying good practices and...more

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