On 3 August 2026, the Financial Conduct Authority (FCA) published Policy Statement PS26/15, Improving the UK transaction reporting regime. It confirms final rules that cut the number of transaction report fields from 65 to 52, take foreign exchange (FX) derivatives and instruments tradeable only on European Union (EU) trading venues out of scope, and shorten the default back reporting period from five years to three. The new regime comes into force on 3 April 2028, but a flex

On 14 July 2026 the Financial Conduct Authority (FCA) published CP26/27, a consultation proposing to replace the three remuneration codes that currently apply to solo-regulated firms with a single, outcomes-focused code at SYSC 19AA. The proposals would take small and non-interconnected (SNI) MIFIDPRU investment firms and smaller alternative investment fund managers (AIFMs) out of remuneration requirements altogether, and would end mandatory remuneration committees, mandatory

On 14 July 2026, the Financial Conduct Authority (FCA) published CP26/28: The UK AIFM Regime, proposing to move most of the rules for alternative investment fund managers (AIFMs) out of legislation and into a new Alternative Investment Funds sourcebook (ALTS), and to replace the current full-scope and sub-threshold split with three categories based on aggregate net asset value (NAV): small below £750m, medium between £750m and £5bn, and large above £5bn. These are consultatio

The Financial Conduct Authority (FCA) is consulting on changes that would narrow the territorial scope of its insurance conduct rules, remove several disclosure requirements, give firms more freedom over how they communicate with customers, simplify the boundary for advised sales, and redenominate minimum professional indemnity insurance limits into sterling. The proposals appear in Consultation Paper CP26/22, published on 29 June 2026, and the consultation closes on 4 Septem