FCA clamps down on financial marketing to protect consumers

Regulator sets out stronger rules on ‘rogue’ financial promotions

Jenna Brown
clock • 3 min read

Firms that promote financial products and services must demonstrate they have the right expertise under stricter rules proposed by the Financial Conduct Authority (FCA).

The regulator said the measures, set out today (6 December) in consultation paper 22/27, would clamp down on illegal, unfair or misleading financial marketing.   The rules mean firms which want to approve financial promotions will have to adhere to checks and demonstrate they have the right expertise for the promotions they want to approve, the regulator said. It explained that under current legislation, any FCA-authorised firm is permitted to "approve financial promotions on behalf of other firms who are not authorised by the regulator". It added: "Changes being introduced by parl...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA moves to remove 'co-manufacturing' label in latest consultation

FCA moves to remove 'co-manufacturing' label in latest consultation

‘Firms would be either a principal or secondary manufacturer’

Jenna Brown
clock 29 June 2026 • 4 min read
Is FCA expert evidence truly independent?

Is FCA expert evidence truly independent?

Upper Tribunal judgment thinks not

Gareth Fatchett
clock 25 June 2026 • 5 min read
SFO to secure further £491,000 from overseas investment fraudster

SFO to secure further £491,000 from overseas investment fraudster

Targeted British expats in Jakarta

Jen Frost
clock 22 June 2026 • 1 min read