FCA: Lessons learned on publicising enforcement investigations
The HoL Financial Services Regulation Committee has now published a letter from Nikhil Rathi which sets out the conclusions of FCA’s “lessons learned” exercise into its consultation on publicising more enforcement investigations.
For more information
Last updated · 11 Jun 2026
Regulatory News - Financial Services & Regulation
See allFCA: CP26/19: Decision Procedure and Penalties Manual updates
In this CP, FCA proposes changes to DEPP. These include: updating the minimum initial disciplinary penalty level for serious market abuse committed by individuals (which has not changed since 2010); clarifying FCA’s ability to increase penalties on individuals for deterrence having regard to their wealth, even where their relevant income was material; updating the treatment of individuals’ deferred income, when relevant to penalty calculation; updating income and capital thresholds for individuals’ SFH assessment; revising the composition for FCA’s settlement decision-making process where cases are referred from Market Oversight for investigation, and minor and consequential changes, following the introduction of the market abuse regime for cryptoassets. Responses are required by 10 August 2026.
For more information
FCA: Operational resilience
FCA has updated its webpage to include a section on Frontier AI which includes links to relevant resources.
For more information
BoE: Governance: recognised payment system operators
Further to a June 2017 policy statement and supervisory statement, BoE has now updated the supervisory statement (see Annex 2).
BIS: The anatomy of stablecoin transactions
This BIS working paper considers the economic role of stablecoins by distinguishing between individual transfer events and broader complex transactions in which individual transfers are embedded.
For more information
TSC: Financial inclusion strategy
TSC has now published the transcript of a meeting held on 9 June 2026 attended by HMT and FCA executives. Additional topics discussed include: FCA powers; the motor finance compensation scheme, “buy now pay later”, and open banking.
For more information