Powered by Lexis+®
Jurisdiction(s):
United Kingdom

FCA Enforcement Watch: greater transparency in early-stage enforcement, use of reactive, anonymised and exceptional publicity, with practical implications for listed issuers, retail insurers and individuals

Published on: 03 March 2026

Published by a Law360 reporter
Legal News
imgtext
Article summary

The publication signals the FCA’s wider move towards greater openness under the revised Enforcement Guide introduced in June 2025. For the first time, the regulator has brought together its early‑stage enforcement work in a format that shows, in near real time, how the updated publicity policy is being applied. For firms and practitioners, the newsletter clarifies which cases are being launched, the types of behaviour drawing scrutiny, and how the FCA is handling early communications around enforcement. In this article, Hamilton sets out what the inaugural Enforcement Watch reveals about the FCA’s current enforcement activity, how the revised publicity policy is operating in practice, and the practical takeaways firms and advisers should draw from the regulator’s approach.

Enforcement pipeline

The newsletter records that, between June and December 2025, the FCA commenced 23 enforcement matters. That headline number is revealing. Following the appointments of Therese Chambers and Steve Smart as joint executive directors of Enforcement and Market Oversight in 2023, the FCA underwent a period of reflection that saw a substantial tranche of cases discontinued in a significant deck‑clearing exercise, alongside a...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow