Financial Services Risk and Regulation Unravelled Podcast

Episode 78 | Regulatory update: Expanding accountability and evolving boundaries

Listen Later

In this episode David Morrey and Ben Farmer discuss the Financial Conduct Authority's (FCA) new rules on tackling non-financial misconduct. The rules, which previously only applied to banks, will be extended to 37,000 non-bank financial service firms from September 2026. 

The conversation covers:

  • CP24/27: advice guidance boundary review from the FCA – the implications and long-term risks of targeted support for firms and the role of the Financial Ombudsman Service (FOS)
  • DP25/2: the FCA's mortgage rule review and rebalancing risk appetite in the market
  • CP25/19: ancillary activities test and chapter 6 systematic internalises from the FCA, which aim to dilute MiFID II rules
  • the FCA's payments Consumer Duty multi-firm review, highlighting criticisms similar to those faced by insurance and investment firms
  • the FOS's annual complaints data and insights 2024/2025
  • the FCA's whistleblowing data
  • buy now pay later regulation – how the FCA is cracking down on non-financial misconduct. 
    • ...more
    View all episodesView all episodes
    Download on the App Store
    Financial Services Risk and Regulation Unravelled PodcastBy Grant Thornton UK LLP

    More shows like Financial Services Risk and Regulation Unravelled Podcast

    View all
    Wake Up to Money by BBC Radio 5 Live

    Wake Up to Money

    54 Listeners

    Football Daily by BBC Radio 5 Live

    Football Daily

    1,030 Listeners

    Page 94: The Private Eye Podcast by Page 94: The Private Eye Podcast

    Page 94: The Private Eye Podcast

    345 Listeners

    Coffee House Shots by The Spectator

    Coffee House Shots

    176 Listeners

    Rugby Union Weekly by BBC Radio 5 Live

    Rugby Union Weekly

    375 Listeners

    Political Thinking with Nick Robinson by BBC Radio 4

    Political Thinking with Nick Robinson

    116 Listeners

    Behind the Money by Financial Times

    Behind the Money

    224 Listeners

    On The Money by interactive investor

    On The Money

    4 Listeners

    Risk & Regulation Rundown by PwC UK

    Risk & Regulation Rundown

    2 Listeners

    The View From The Lane: The Athletic FC's Spurs show by The Athletic

    The View From The Lane: The Athletic FC's Spurs show

    297 Listeners

    IFS Zooms In: The Economy by Institute for Fiscal Studies

    IFS Zooms In: The Economy

    8 Listeners

    The Rest Is Money by Goalhanger

    The Rest Is Money

    184 Listeners

    Merryn Talks Money by Bloomberg

    Merryn Talks Money

    50 Listeners

    Unhedged by Financial Times & Pushkin Industries

    Unhedged

    180 Listeners

    The Economics Show by Financial Times

    The Economics Show

    149 Listeners