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Recent FCA Activity

Press Release 2026-10-23 Investment & Consumer Duty
Private market firms vary in how well they identify and manage conflicts of interest, according to an FCA review. Private markets refer to investments in assets, companies, or debt not listed or trad
Press Release 2026-10-23 Payments & E-MoneyAML & Financial Crime
Restrictions have been placed on 6 unregulated lenders, known as Annex 1 firms, after the FCA raised concerns about their anti-money laundering policies, controls and procedures while assessing their
Consultation Paper 2026-10-23 Payments & E-MoneyInsuranceCrypto & Digital AssetsAML & Financial Crime
We're consulting on changes to our Financial Crime Guide to help firms strengthen their systems and controls. ... Read CP26/38 (PDF)Why we're consultingFirms
Consultation Paper 2026-10-22 Crypto & Digital AssetsAML & Financial Crime
We’re consulting on changes to streamline and improve the Senior Managers and Certification Regime (SM&CR) as part of the second phase of our reforms. ...
Press Release 2026-10-21 Investment & Consumer Duty
The FCA has banned Jeffrey Dawkins, the former chief executive of Vector Wealth Ltd, after he dishonestly acted as a front for a disqualified director using the company to sell high-risk bonds. Mr Da
Statement 2026-10-16
The FCA has reviewed its regulatory action against individuals whose convictions have recently been overturned by the Court of Appeal.As these convictions formed the basis on which the FCA took its ac
Press Release 2026-10-13 Investment & Consumer DutyAML & Financial Crime
The FCA has conducted a major operation to disrupt a suspected organised criminal group for engaging in insider dealing and money laundering. On 13 October, 3 individuals were arrested following a jo
Press Release 2026-10-13 Investment & Consumer DutyMortgage & LendingAML & Financial Crime
Two people who worked at financial advice firms have pleaded guilty to fraud after 4 clients lost £2m. Kerry Nelson, the director of Nexus Independent Financial Advisers Limited and Nexus Investment

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