Blog

Following increased scrutiny on the FCA by the government to boost UK economic growth and competition, FCA Nikhil Rathi stated that the regulator is ‘willing to be bold’ in its approach as it looks to cut regulatory burdens and slow the pace of regulatory change.

The FCA has published a Research note following an exploration of the relative efficacy of different models for explaining AI outputs to consumers in the context of using AI to determine consumer creditworthiness.

In this article, James Best explores how to utilise constructive criticism positively to learn and grow.

In November 2024, the FCA published a Policy Statement introducing changes to its Financial Crime Guide. It also published Handbook Notice 124, which sets out specific sections in the Guide which were updated. In this article, UKGI Compliance’s Alastair Haughton sets out the changes to the Guide, what they relate to, and key considerations for firms.

UKGI Compliance Head of Technical, Dave Anderson, is once again stepping up to the challenge of the Hyrox race—this time in Glasgow, 13th March 2025—to raise funds for Macmillan Cancer Support.

The Ombudsman claims the funding arrangement will encourage professional representatives to submit better-evidenced complaints.

The ABI have called for more funding for property protection after publishing data which revealed that insurers paid out a record £585 million in claims for weather-related damage to homes and possessions in 2024.

Almost 20,000 financial promotions were withdrawn or amended in 2024 following FCA intervention—nearly double the number recorded in 2023, highlighting increased regulatory scrutiny over financial promotions and advertisements within the financial services sector.

This article explores key points from a speech delivered by Emily Shepperd, FCA Chief Operating Officer, which focused on the importance of establishing healthy firm cultures within the financial services sector to consumers, markets and economic growth.