FCA Consults on a New UK AIFM Regime (CP26/28)
The FCA has published CP26/28: The UK AIFM Regime, proposing a comprehensive reform of the UK’s regulatory framework for Alternative Investment Fund Managers (AIFMs). The consultation is part of a […]
CP26/27: FCA Consults on Major Overhaul of Remuneration Rules for Solo-Regulated Firms
The Financial Conduct Authority (FCA) has launched Consultation Paper CP26/27: Remuneration: Solo-regulated firms’ rules reform, proposing a significant simplification of the remuneration framework for solo-regulated firms, including AIFMs, UCITS management […]
CP26/25: Value for Money – A New Measure of Success for Workplace Pensions
The FCA and the Department for Work and Pensions (DWP) and The Pensions Regulator (TPR) have published their latest consultation on the proposed Value for Money (VFM) Framework for defined […]
White‑Labelling in Payments: Agent, Distributor, or Something Else?
Author: James Borley, Director of Payment Services The growth of white‑label arrangements in the payments sector has been nothing short of remarkable. As the market continues to fragment and specialise, firms are […]
The FCA’s Cryptoasset Perimeter Consultation (CP26/13): The Journey Continues
Author: James Borley, Director, Payment Services By any measure, the UK’s approach to cryptoasset regulation has reached an inflection point. It is now no longer a matter of ‘if’ but ‘when’. With […]
FCA PS26/2: Operational Incident and Third-Party Reporting
The Financial Conduct Authority (“FCA”), together with the Prudential Regulation Authority (“PRA”) and the Bank of England, have published Policy Statement (PS26/2), setting out final rules on reporting serious operational incidents and material third party arrangements. […]
Regulatory Priorities for Payments: Clarity, Consolidation and Accountability
Author: James Borley, Director of Payment Services As previously heralded, the Financial Conduct Authority (“FCA”) Regulatory Priorities Report for Payments (“the Report”) forms part of the FCA’s broader shift away from fragmented portfolio (“Dear CEO”) letters toward a consolidated suite of […]
Safeguarding Audit Standard – Version 1
The publication of the Financial Reporting Council’s (FRC) interim guidance on safeguarding audit engagements marks a pivotal moment for the UK payments and e-money sector. At its core, the guidance issued by the FRC is intended to […]
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 […]
Ready, Willing and Organised: Proving Day-One Operational Readiness
Author: Joel Bailey, Consultant Why This Matters Obtaining authorisation from the FCA isn’t permission to start building, it’s permission to operate. For payment and e-money firms, gaps in day-one readiness can translate quickly into […]