A monthly summary of regulatory developments in the UK. A pdf version and copies of the weekly update can also be found here.
Summary Headlines and Activity
Summary Headlines and Activity (August 2025)
Financial Conduct Authority (FCA):
Warned consumers of scammers impersonating car finance companies after receiving nearly 5,000 reports of fake FCA compensation calls in H1 2025. Fraudsters have been falsely claiming people are owed refunds and requesting personal bank details.
Motor Finance Redress: Confirmed plans to consult on a compensation scheme for mis-sold car finance following a recent court ruling. Industry groups cautioned that redress may extend to loans as far back as 2007, posing administrative challenges in locating records.
Streamlined supervision by cutting regulatory red tape – eliminated certain data reporting returns, reducing burden for ~36,000 firms. This is part of an FCA drive to simplify compliance processes.
Issued a cross-agency statement on workplace savin...
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