FCA GC26/2: Applying the Consumer Duty to Cryptoasset Firms
Overview The Financial Conduct Authority (“FCA”) has published Guidance Consultation GC26/2 (“GC26/2”), setting out clear expectations on how firms undertaking regulated cryptoasset activities must apply the Consumer Duty. While the cryptoasset market offers innovation and growth opportunities, its complexity, volatility and […]
PS26/1 and the Future of BNPL
With the publication of Policy Statement PS26/1: Regulation of Deferred Payment Credit (Unregulated Buy Now Pay Later); the Financial Conduct Authority (FCA) set out its final rules for regulating Deferred Payment Credit (DPC), commonly know as […]
FCA vs HMRC: Who Rules the Register?
Author: James Borley, Director of Payment Services In my experience advising firms across the payments and e-money sector, one of the most persistent areas of confusion concerns Anti-Money Laundering (AML) registration and supervision in […]
Cryptoassets: FATF Risks and the UK’s Emerging Regulatory Framework
Overview Cryptoassets continue to attract increasing regulatory attention as their use expands across financial services, payments and decentralised finance (“DeFi”). While these technologies present opportunities for innovation, regulators remain concerned about potential financial crime risks, […]
Sequencing the Future: The UK’s Payments Forward Plan
Author: James Borley, Director of Payment Services On 26 February 2026, the Payments Vision Delivery Committee published the UK’s first Payments Forward Plan; a three-year sequenced roadmap for payments policy aimed at […]
Mind and management – Don’t Lose Your Head (Office)!
Authors: Joel Bailey, Consultant James Borley, Director of Payment Services Last week the FCA published a series of helpful videos aimed at helping prospective applicants for authorisation or registration in the payments and digital […]
Open Banking’s Next Frontier: FCA/PSR cVRP Prioritisation Statement
Author: James Borley, Director of Payment Services In the ongoing evolution of UK payments infrastructure, the recent publications from the Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR) (specifically their 15 January 2026 letter to […]