The FCA has published its Regulation round-up for May 2016. The round-up reiterates the FCA’s continued focus on its key priorities as set out in the FCA’s Business Plan 2016/17, with culture and governance being the key focus for May. The FCA wants to see firms managed in a way that actively promotes the right culture and behaviours at all levels.

The round-up also highlights the forthcoming launch of the redesigned FCA website, in June 2016, during which, five new sections will go live: Homepage, About us, Firms, Markets and Consumers. The changes will feature new hub pages for each sector, including the latest news, publications, events, policy information and updates from the FCA.

Other highlights are:

  • Feedback statement on competition in the mortgage sector.
  • The thematic review on how firms are applying the responsible lending rules which were introduced in April 2014 following the Mortgage Market Review (MMR).
  • The Regulatory Sandbox is now open for applications until 8 July 2016.
  • The publication of CP 16/13 Changes to the Decision Procedure and Penalties Manual and the Enforcement Guide.