FCA misconduct rules take effect today From 1 September 2026, the FCA’s Conduct Rules explicitly extend to serious workplace bullying, harassment and violence across around 37,000 additional regulated firms. Importantly, serious substantiated misconduct may also need to follow an individual through the regulatory reference process when they move between firms. For Watchdog, this highlights the growing importance of monitoring people as well as firms. Watchdog allows clients t

FCA warnings on selling complex products The FCA has warned that a number of firms are not meeting expected standards when selling complex investment products to retail investors. Its review found weaknesses in how firms assess investor understanding, define target markets, and communicate risk. In particular, disclosures are often overly technical and fail to explain clearly how features such as leverage, volatility, or daily resets can impact outcomes. While some firms have