FCA to rip 140 pages out handbook in deregulation drive

FCA consults on removing certain reporting and notification requirements

On 16 April 2025, the Financial Conduct Authority (FCA) published a consultation paper, CP25/8, on data decommissioning: removing reporting and notification requirements. Background The FCA explains that it is reviewing the information it collects regularly from firms, as part of its commitment to improving regulatory reporting. Its aim is to streamline the data collection process so that it collects only what is necessary to effectively supervi…

Scaling Consumer Duty success with digital tools and deterministic models

Since its official launch in July 2023, the Financial Conduct Authority’s (FCA) Consumer Duty has become a cornerstone of UK financial services regulation. Designed to ensure “good outcomes for retail customers”, the Duty has pushed financial institutions to rethink how they design, present, and support their products and services. Its four outcomes—fair value, meeting customer needs, consumer understanding, and effective customer support—mark a…

FCA proposes simpler retail cost disclosure

U.K. regulator consults on changes to rules under new retail product regime The post FCA proposes simpler retail cost disclosure appeared first on Investment Executive.

FCA to rip 140 pages out handbook in deregulation drive

The UK’s financial watchdog has vowed to rip scores of pages from its handbook as it slashes red tape in a drive to boost growth. The Financial Conduct Authority (FCA) said as many as 140 pages will be removed from the lengthy handbook, as it opened a consultation on scrapping data collection requirements. The move is the latest by the watchdog to slimline operations and reduce the regulatory burden on businesses, amid growing pressure to take a…

FCA consults on lessening reporting burden for mortgage advisers

The Financial Conduct Authority (FCA) is proposing changes to the data it collects from firms to reduce burden and “unlock economic growth”. The post FCA consults on lessening reporting burden for mortgage advisers appeared first on Mortgage Solutions.

FCA plans to cut data 'burden’ for 16,000 firms    – Mortgage Finance Gazette

The Financial Conduct Authority proposes to scrap unnecessary data reporting for 16,000 firms, which the watchdog says will “reduce burdens and unlock economic growth”.   The regulator plans to “decommission” three sections from its 10,000-page handbook for firms, to help “simplify our reporting requirements”.  These… The post FCA plans to cut data ‘burden’ for 16,000 firms    appeared first on Mortgage Finance Gazette.