Venture capital compliance in 2026: a lighter rulebook is on the horizon but so is heavier scrutiny. Here's what you need to review before the FCA does.

If you're an appointed representative (AR) or a principal firm hosting ARs, you'll want to pay attention to HM Treasury's consultation published on 12 February 2026. The proposals set out targeted reforms to strengthen consumer protection while preserving the AR model's flexibility — but they'll change how the regime operates for everyone involved.

Securing the right regulatory permissions is crucial for your business's credibility and future growth. Applying for permissions you don't need or failing to explain how the permissions align with your business model, will immediately raise red flags. It's one of the most common stumbling blocks in the authorisation process, and one of the most avoidable.

The FCA recently consulted on proposals to reset how firms distinguish between retail and professional clients: the process for opting up clients to elective professional status. While we're supportive of the direction of travel, we have a few concerns about how the detail of these proposals will work in practice.

8 December 2025, the FCA published Consultation Paper CP25/36, setting out one of the biggest shake ups to client categorisation we have seen in years. The regulator wants to strengthen consumer protection and give wholesale firms a clearer and more practical way to decide when a client can be treated as an elective professional.

SM&CR is to be restructured and refined. Easing the burden is the FCA's aim, but what will they mean for your firm? Get practical insights for your firm's compliance and HR strategy from the compliance consultants at Adempi.

The FCA plans to speed up the authorisation process for firms and individuals to help support UK growth whilst maintaining robust checks.

The Financial Conduct Authority (FCA) has launched a new platform that enables the trading of private company shares. PISCES (Private Intermittent Securities and Capital Exchange System) is designed to transform the way private company shares are traded by making it easier and quicker for buyers, businesses and sellers to connect. As companies choose to stay private for longer, PISCES aims to meet the growing need for an effective and organised private marketplace. PISCES Ope

The FCA has published the results of its Private Markets Valuation Review and there is a lot for affected firms to action.

The proposals for asset managers are a meaningful change to AIFMD but they may not be positive for all AIFMs. We recommend assessing the impact on your firm and responding to the Call For Input if you see unintended consequences.