The Financial Conduct Authority (FCA) has found that most corporate finance firms carry out core compliance activities, but many lack the independence, presence and day-to-day practices that allow compliance to challenge the business. In a blog published on 8 October 2026, the FCA reported that 63% of surveyed firms have a compliance function with other business responsibilities, 90% use third-party compliance support, and 140 firms do not include regulatory compliance in sta

On 27 July 2026, the Financial Conduct Authority (FCA) published Outcomes monitoring: good practice and areas for improvement, a review of how firms monitor consumer outcomes under the Consumer Duty. It introduces no new rules, no deadlines and no transitional arrangements. Its central message is that collecting data, listing metrics and reporting management information (MI) do not, by themselves, show that customers are receiving good outcomes. The FCA expects a firm to be a