Regulation Watch aims to provide members with updates on the activity of the sector's regulators, highlighting areas of specific interest.
Recommended - highlights speeches, videos and audio relating to hot topics
Recent News - a digest of some of the most relevant publications and updates released by the main regulatory bodies
Setting the foundations: The FCA's chief operating officer, Emily Shepperd, sets out the regulators 5-year strategy, focused on 4 key themes of economic growth and innovation, financial crime, consumer resilience. She also looks at how to pursue growth, alongside ensuring proportionality in regulation and encouraging innovation.
Older speech listings and some research referenced by regulators can be found in this archive.
Growth as the cornerstone of the FCA strategy: In this letter to the Government, Nikhil Rathi, CEO of the UK’s Financial Conduct Authority, outlines both planned and potential initiatives aimed at fostering economic growth. The letter highlights key areas such as regulatory reforms, digital innovation, reducing regulatory burdens, and supporting SMEs and start-ups, while maintaining consumer protection and market integrity. On the topic of consumer protection, there is a proposal to assess whether the Consumer Duty provide sufficient cover before introducing new rules. (Jan 2025)
UK Deposit Takers Supervision: 2025 priorities: The Prudential Regulation Authority outlines its 2025 priorities for UK deposit takers, focusing on governance, risk management, and resilience.
Consumer Duty: The FCA published its most recent findings on good and poor practice in the implementation plans of the Consumer Duty. These insights focus on complaints and root cause analysis, highlighting good practices and areas for improvement. We're pleased to see that good practice is associated with the provision of detailed training that is not only mandated but also assessed. You can find our more about how the Institute can support enhanced knowledge and understanding of this critical regulation here.