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 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