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United Kingdom Regulatory Oversight Regulatory Requirements

Orrick, Herrington & Sutcliffe LLP

The Economic Crime and Corporate Transparency Act 2023: Identity Verification

Identity Verification (“IDV”) is a new process requiring individuals that run, own or control UK companies or limited liability partnerships (“LLPs”) to prove their identity to Companies House. IDV registration is voluntary...more

Proskauer - Regulatory & Compliance

FinReg Monthly Update - August 2025 #2

Welcome to Proskauer’s FinReg Monthly Update, a regular bulletin highlighting the latest developments in UK and EU financial services regulation. Key developments in August 2025: 28 August. FCA Communications: The UK...more

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

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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

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 Regulators Propose Additional UK EMIR Reporting Q&A

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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 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

A&O Shearman

UK FCA issues updated Enforcement Information Guide

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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

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

Hogan Lovells

FCA Market Watch 82

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The FCA has published Market Watch 82. This edition of Market Watch focuses on transaction report and, more specifically, highlights the FCA’s observations from its supervision of the UK Markets in Financial Instruments...more

A&O Shearman

UK FCA findings on multi-firm review of data quality control frameworks in benchmarks sector

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a new webpage summarising the findings of its multi-firm review into how benchmark administrators (BMA) manage data-related risks. While the FCA found some firms to...more

A&O Shearman

UK FPC finalises O-SII buffer framework review

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The Bank of England (BoE) has published the Financial Policy Committee's (FPC) final response to the 2024 review of the Other Systemically Important Institutions (O-SII) buffer framework. This follows the March consultation,...more

A&O Shearman

UK FCA publishes Wider Implications Framework report 2024/25

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published its third annual report of the Wider Implications Framework (WIF) for the 2024/25 period, covering 1 April 2024 to 31 March. The report summarises coordinated efforts and...more

A&O Shearman

FMSB consults on statement of good practice on unauthorised trading frameworks

A&O Shearman on

The Financial Markets Standards Board (FMSB) has published a transparency draft of its Statement of Good Practice (SoGP) on Unauthorised Trading Frameworks for consultation. This draft, which builds on FMSB's prior work on...more

A&O Shearman

UK OFSI updates financial sanctions guidance with new licensing ground

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The UK Office of Financial Sanctions Implementation (OFSI) has updated its general guidance on financial sanctions, introducing a new licensing ground under Section 6.6, permitting the return of funds from designated Money...more

A&O Shearman

FCA Market Watch 82: UK MiFID transaction reporting

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The UK Financial Conduct Authority (FCA) has published Market Watch 82, outlining supervisory findings on transaction reporting under the UK's Markets in Financial Instruments regime. The FCA focuses on three key areas: (i)...more

A&O Shearman

BoE publishes fundamental rules for FMIs

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Following its November 2024 consultation, the Bank of England (BoE) has published final fundamental rules for financial market infrastructure firms (FMIs), a supervisory statement setting out how the BoE expects FMI to comply...more

BCLP

The Football Governance Act - What You Need to Know

BCLP on

The Football Governance Act was passed into law on 21 July 2025. This follows a long period of debate amongst legislators, regulators, clubs, fans and other market stakeholders about the future of English football, in...more

A&O Shearman

PSR publishes regulatory fees figures for 2025/26

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The UK Payment Systems Regulator (PSR), in conjunction with the UK Financial Conduct Authority (FCA), has published its regulatory fees figures for 2025/26. The annual funding requirement is set at GBP27 million, with fees...more

Hogan Lovells

HL UK Pensions Law Digest 4 August 2025

Hogan Lovells on

A bite-sized summary of recent UK pension news Welcome to our latest update, in which we cover: Pension Protection Fund: levy invoicing on hold PPF has put its levy invoicing for 2025/26 on hold while it monitors the...more

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