From 28 November 2025, firm users will access RegData by signing in to My FCA. Over the coming months, this will also include Connect and Online Invoicing System, so that everything you need will be in one place.

No action is needed as all RegData links and bookmarks will redirect automatically. 

After you sign in, you will be able to view your firm's details and scheduled tasks with a due date and status.

We’re also pleased to say that we’ve resolved the sign-in issue caused by bookmarked My FCA pages. You can now bookmark the My FCA sign in page without any problems.

Read more.

We use Markets in Financial Instruments Directive (MiFID) transaction reports to detect and investigate market abuse, prevent financial crime, monitor the functioning of financial markets, supervise firms, shape effective policies and support our response to crises.

We have set out proposals to reduce the regulatory burden on firms, support sustained economic growth in the UK, enhance our ability to fight financial crime and protect market integrity. These include:

• Reducing the number of transaction reporting fields from 65 to 52.
• Removing foreign exchange derivatives from reporting requirements, reducing costs for over 400 firms and estimated to save £56m annually.
• Removing reporting obligations for over 6 million financial instruments only tradeable on EU venues and estimated to save £32m annually.
• Shortening the period for correcting historic reporting errors from 5 to 3 years. 

We estimate our proposals will save firms over £100m annually.

We are also working with the Bank of England and the Treasury on a new strategic approach to streamlining transaction reporting across regimes including UK MiFIR, EMIR and SFTR.

Our goal is to remove unnecessary duplication and ensure that data collection is proportionate to its regulatory benefit. To support this approach, we will be establishing a cross-authority industry working group. More details on the group's terms and application process will follow in Q1 2026.

We’ve published our consultation on fees and levies for next year. Proposals include: 

• fee structure for PISCES operators, targeted support, and deferred payment credit firms
• application fees for cryptoasset activities
• removal of registration fee for payment/e-money institutions
• retaining current ‘relevant business’ definition for the Ombudsman levy
• invoice due dates for firms paying £50,000+ in FCA/PRA fees
• Handbook clarifications

We update on:

• offsetting s166 motor finance costs
• pro-rating fees for cancelled permissions
• Financial Penalty Scheme
• tariff base for fee-block A.10
• fees for Berne Financial Services Agreement activities

Respond by 9 January for targeted support or 16 January for all other proposals.

We have published findings from a review of consolidation in the financial advice and wealth management sector.

The review found consolidation can support efficiency and sustainable growth. But, if not effectively managed, consolidation could lead to poor outcomes for consumers, employees and the wider financial system.

The review identified some good practices including strong governance, effective monitoring of group debt and comprehensive risk management across entities.

Areas with greater potential for harm included how groups were structured and how group debt was guaranteed.

We encourage firms to consider the findings, assess their arrangements and make any required adjustments.

The Government has decided to reform anti-money laundering and counter-terrorism financing supervision. These changes will simplify the supervision of professional services, ensure more consistent oversight and help us identify and disrupt crime.

We will work closely with the Government, the Office for Professional Body Anti-Money Laundering Supervision, Professional Body Supervisors, HMRC, the firms we will be supervising and others, as we work together to equip the UK to better fight financial crime.

As a member of the Payments Vision Delivery Committee, we have published a new payments strategy for the next generation of UK retail payments infrastructure.

The strategy is anchored around 5 strategic outcomes:

• expanding payment choices
• promoting inclusion
• combating financial crime
• ensuring resilience
• helping the UK to deliver a world-class payments experience

This is an important step in delivering the government’s National Payments Vision and its ambitions for the UK payments sector to better serve people and businesses while supporting economic growth.

Our review of some credit builder products found little evidence they improve credit scores.

These products claim to boost credit scores by charging a fee and reporting that payment to credit reference agencies (CRAs). They are largely unregulated and can misrepresent consumers’ financial circumstances, leading to unaffordable credit.

We did not look at other products such as low-limit credit cards. Following our feedback, 5 firms withdrew their products and others have changed their models.

We continue to work with firms offering these products as we consider whether further action is needed and engage with CRAs on new data reporting guidance.

We carried out a multi-firm review focusing on business-wide risk assessment and customer risk assessment processes.

Our key findings centre around how firms:

• identify, understand and assess risk
• appropriately mitigate risk
• effectively manage risk

We share findings and highlight good and poor practice to help firms reflect on how they are meeting the existing risk assessment requirements.

We are strengthening our international footprint with a strategic partnership on artificial intelligence (AI) with the Monetary Authority of Singapore (MAS).

The new partnership will support safe and responsible AI innovation. This will enable innovative firms in the UK and Singapore to scale and operate across both markets more effectively.

For the first time, we will also establish a presence in Singapore with the appointment of an FCA Financial Services Attaché based at the British High Commission. This forms part of a wider plan to establish a presence in other priority markets next year.

These steps reinforce the FCA’s commitment to supporting economic growth. Strengthening ties will help build global regulatory relationships and attract inward investment to the UK.

We published an international thought-leadership report on fund tokenisation, alongside the Monetary Authority of Singapore, the UK Investment Association and the Investment Management Association of Singapore.

The report is based on surveys and roundtables with global asset managers and consumer groups. It identifies an ‘adoption gap’, where tokenisation use-cases cannot easily progress beyond pilots due to a lack of investor adoption.

Investors prioritise robust governance, strong risk management systems, investor protection, and fiduciary controls.

We issue a call-to-action for firms to integrate investor needs into their product builds. It complements our recent Consultation Paper on Progressing Fund Tokenisation.

We published a warning for investors in Contracts for Difference urging them not to give up vital consumer protections.

The retail client protections, including leverage limits and client loss protections, prevent nearly 400,000 people a year from risking more than their original stake in CFDs.

We have launched a consultation on proposals to introduce a UK equity consolidated tape to help increase capital investment and liquidity in equity markets.

An equity tape brings data from across UK markets together, providing investors with a more comprehensive and clear view of the market. This will help boost market participation and the global competitiveness of UK equity markets.

Following extensive market engagement, the consultation is seeking feedback on introducing a tape that includes both post-trade data and the attributed best bid and offer prices (the first level of pre-trade data) across UK trading venues. We welcome your views.

We reviewed the quality of prudential regulatory reporting by MIFIDPRU investment firms. Timely, accurate and consistent data is essential for assessing financial resilience and reducing harm.

Poor data makes it harder to identify risks and may indicate weak systems and controls. Our findings aim to help firms better understand our expectations, identify issues and make improvements.

While most firms met requirements, some failed our data quality tests. Common issues included inconsistent reporting across sources, incorrect firm type classification, inaccurate application of guidance and missing fields.

We expect firms to address weaknesses and improve data accuracy, ensuring they comply with guidance.

On 25 November, we hosted our second annual Economics Research Conference at our headquarters in Stratford, London.

The event showcased our commitment to shaping a financial system that works well for all, focusing on our theme of rebalancing risk and deepening trust.

Bringing together leading thinkers from across academia, industry, and government, the conference explored how financial services regulation can evolve to better manage risk while strengthening consumer and market trust.

In addition in October, we published a summary of the literature on growth, competitiveness and regulation in financial services. The literature review highlighted several important gaps in its evidence and knowledge, which are important to fill.

We’ve launched our InvestSmart Hype Type Revealer.

Part of our ongoing InvestSmart campaign, this group chat-inspired tool helps investors understand how hype can influence their investment decisions.

The Hype Type Revealer has been built using behavioural science and measures the users’ inputs to calculate their hype type – the method of hype generation they are best at navigating.

We are standardising how we collect financial data at the gateway, so that new firm applicants are clear on what minimum information they should provide at the point of submission. We have created sector-specific templates, available on our website, and are integrating these into Connect.

The improvements are live for Wholesale applicants, with further rollout coming for:

• Payments, e-money and cryptoasset firms.
• Consumer investments firms.
• Credit and mortgage brokers.
• Lenders and other consumer finance providers.

Providing us with standardised, structured financial data on submission will help us assess applications faster, uncover complex issues earlier and minimise follow-ups for missing information.

We are testing and rolling out a series of improved digital forms to more firms from December as part of our commitment to digitising our forms. These improvements make it easier for firms to interact with us while ensuring Authorisation applications and notifications are straightforward and efficient.

These forms are:

• Form B (If your firm wants to withdraw an application to perform a controlled function that is already in progress).
• Form C (If your firm needs to cease controlled functions).
• Application to Register as an Annex 1 Institution (If your firm needs to register under the Money Laundering Regulations).
• Application to Register as an Annex 1 Individual (If your firm wants to add an individual to an Annex 1 Institution).
• Payment Services Directive (PSD) add agent (If your firm needs to add a PSD agent to a principal firm).
• Payment Services Directive (PSD) remove agent. (If your firm needs to remove a PSD Agent form your principal firm).
• Waivers (If your firm needs permission to waive and/or change a rule).

Users will benefit from improved layout, better guidance and easier navigation.

Our latest data shows we are processing 99.5% of authorisation applications within the statutory deadline.

We will publish our performance for the third quarter of 2025/26 in February 2026. This will include measurement of our performance against our new faster targets.

We have published the latest data for the retail intermediary market. We analyse the sector using data submitted by around 12,000 firms each year through the Retail Mediation Activities Return (RMAR).

Our findings show that reported revenue earned from non-investment insurance distribution and retail investment intermediation rose by 6.6% and 6.2% respectively, while mortgage broking decreased by 0.5% in 2024 compared to 2023.

We continue to produce our interactive dashboards, alongside the publication, allowing users to explore the data.

Our news and publications alerts keep you up to date with our press releases, speeches, statements, consultations, guidance, notices and decisions.

We are hosting a dedicated event for Compliance Consultants working with wealth management firms that focus on managing client investments on a discretionary basis or stockbroking.

The agenda features:

• A Financial Crime case study, providing practical insights.
• A session on identifying and managing vulnerability noting its strong links to suitability, with a focus on warning signs and best practices.
• Concluding Q&A with FCA Supervisors, offering direct responses to regulatory queries.

This event is designed as part of our Raising Standards Together program of events with the aim of delivering up-to-date compliance guidance for the sector.