The Financial Conduct Authority is a UK independent regulator. It ensures that the financial sector is operating in a way that is fair and competitive.
New FCA Rules
New FCA rules that come into force in May 2026 stipulate that firms must perform internal and external safeguarding reconciliations at least once per business day.
Firms will now implement and maintain a resolution pack. This will contain relevant records and documents to ensure that funds can be returned in a timely manner in the event of insolvency.
Firms will now have to undertake an annual safeguarding audit. This report must include details of whether the firm has remained compliant and whether it has adequate payment systems in place. The report must be submitted to the FCA.
Compliance
FCA rules and regulations can be complex and ever evolving. Firms must ensure compliance and maintain a workforce that is well-versed on the standards expected of them.
Specialist providers of compliance elearning, such as adempi.co.uk/compliance-training/elearning-courses, can arrange bespoke training packages, suited to your requirements
By engaging in elearning that has been specifically designed with FCA regulated firms in mind, learners can engage with relevant and practical material, at a pace to suit. Elearning is convenient and accessible from any place, and at any time, making it the perfect solution for fitting in around busy, modern life.
