2025: Reflecting on a 'sustained wave' of regulation

The FCA has issued 34 consultation papers this year

clock • 4 min read

Paul Bruns and Sandy McGregor assess the development of the regulatory landscape during the past 12 months...

From a regulatory perspective, 2025 has felt less like a steady drip of change and more like a sustained wave. In addition to 34 consultation papers over the past twelve months, firms also had to contend with an industry first - a Section165 mandatory information request, issued to the whole investment advice sector in July. Taken together, these developments signalled not only an exceptionally busy year, but also a regulator that is reshaping how it supervises firms and its strategy around how it wants the advice market to grow. It feels as though 2025 so far has been defined by two ...

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

Appointed representatives: Are you really in control of the risks?

Appointed representatives: Are you really in control of the risks?

'The FCA doesn't just want oversight, it wants evidence'

Paul Bruns
clock 06 October 2026 • 7 min read
Manchester City charges: Treasury Committee chair raises tax questions with HMRC

Manchester City charges: Treasury Committee chair raises tax questions with HMRC

As Tax Policy Associates points to potential £12m in unpaid tax

Jen Frost
clock 02 October 2026 • 2 min read
'Waiting for certainty can itself create the breach': When must a firm notify the FCA?

'Waiting for certainty can itself create the breach': When must a firm notify the FCA?

'A voicemail is unlikely to suffice'

Gareth Fatchett
clock 02 October 2026 • 5 min read