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ARTICLE · 10 JUNE 2025

The FCA's Revised Enforcement Guide: Key Policy Changes To Be Aware Of

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The UK Financial Conduct Authority (FCA) has updated its Enforcement Guide, including its revised policy on when it will announce details of enforcement investigations.

United KingdomFinance and Banking
Annabel Smith
Annabel Smith
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The UK Financial Conduct Authority (FCA) has updated its Enforcement Guide, including its revised policy on when it will announce details of enforcement investigations. Following a consultation process that was subject to substantial scrutiny and discussion, the FCA has moderated most of its more controversial proposals.

The new Enforcement Guide is intended to reflect the FCA's continued commitment to enhancing transparency, responsiveness, and effectiveness as a regulator, by streamlining the information relating to enforcement proceedings. However, firms should be alive to a few shifts in policy and practice that are hidden away in the detail.

Revised policy on publicising investigations

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