consultations and policy

consultations and policy

PS26/14: FCA finalises 2026/27 fee and levy rates, invoicing begins July 2026

Routine but mandatory: the FCA has published final fee and levy rates for 2026/27. Every FCA fee-payer is affected and invoices are already being issued.

consultations and policy

CP26/24: FCA consults on aligning MiFID cost disclosures with Consumer Composite Investments regime

Wealth managers, brokers, and insurers distributing investment products to retail consumers must assess CP26/24 proposals to simplify cost disclosures. Responses close 21 August 2026.

consultations and policy

GC26/5: FCA consults on risk assessment guidance for cryptoasset prudential firms

Responses close 30 July 2026. Cryptoasset firms seeking authorisation need their risk assessment frameworks in order before the permissions gateway opens in September 2026.

consultations and policy

CP26/22: FCA consults on narrowing ICOBS and PROD 4 territorial scope and simplifying insurance disclosure rules

Insurance intermediaries and product manufacturers with non-UK customer books face a 4 September 2026 deadline to respond to CP26/22, which proposes narrowing the territorial reach of ICOBS and PROD 4.

consultations and policy

CP26/23: FCA consults on Consumer Duty scope changes and distribution chain clarifications

The FCA wants to remove non-UK customer business from the Consumer Duty and clarify how firms in distribution chains can rely on each other. Responses close 18 September 2026.

consultations and policy

CP26/21: FCA consults on conflict-of-interest rules for listed closed-ended funds

Action required for listed investment trusts, their boards, and investment managers. Assess whether a consultation response is warranted; CP26/21 closes 14 August 2026.

consultations and policy

PS26/8: FCA converts R2B2 data collection into standing annual return

PS26/8 formalises the Retail Banking Business Models (R2B2) data collection as a permanent annual regulatory return. The Supervision Manual (Amendment) Instrument 2026 came into force on 1 June 2026; the first submission is due by the end of November.

consultations and policy

FCA proposes to remove product-level TCFD reports for asset managers and insurers, targeting £20m in annual savings (CP26/17)

The FCA published CP26/17 on 5 June 2026, proposing to remove mandatory product-level TCFD reporting for asset managers, life insurers and FCA-regulated pension providers and replace it with a narrower set of targeted obligations split by client type. Firms in scope must respond by 13 July 2026.

consultations and policy

CP26/18: FCA consults on mortgage rule changes across six areas, responses due 28 July 2026

The FCA published CP26/18 on 9 June 2026, proposing targeted changes to responsible lending rules across six areas of the mortgage market. Mortgage lenders, administrators, home purchase providers, and intermediaries are in scope; responses are due by 28 July 2026.