No new rules; the FCA’s approach is to double down on the existing outcomes-based approach, with Consumer Duty, SMCR, and operational resilience frameworks remaining at the forefront.
Consumer finance
The review will look into motor finance claims management, housing disrepair, lead generators, and other firms not directly regulated by the FCA.
The regulator has taken a number of steps aimed at keeping customers away from claims management companies and law firms since announcing the redress late last month.
The report is a useful indicator of where the FCA expects firms to focus now.
The actions feature new civil penalty proceedings, and seek leave to start proceedings against both companies and an individual.
The Australian Securities and Investments Commission’s latest actions and news, October 20 – 24, 2025.
The order, mandates a crackdown on “debanking” and ends the use of reputational risk in regulatory oversight.
Our regular roundup of FCA activity.