Forum Events and Media Group 2026: The Year the FCA Demands Proof

What happened?

In an article published by the Forum Events and Media Group, TCC Group (comprising TCC, Momenta, and Recordsure) leader Joe Norburn reflects on the FCA’s core supervisory strategy for 2026. The regulator is executing a decisive transition away from prescriptive rulebook checklists and towards rigorous, outcomes-based supervision.

While the FCA adopts a pro-growth stance and reduces reporting burdens for compliant businesses, it is simultaneously increasing targeted, data-led audits for firms that fail to demonstrate active operational control.

Why does it matter?

Under this supervisory model, verbal commitments and policy statements are no longer sufficient. Under the Consumer Duty, firms must provide robust, auditable data to prove they deliver fair value, clear communications, and positive customer outcomes.

As firms expand their reliance on third-party integrations and artificial intelligence, they must maintain absolute transparency, accountability, and strong data governance to preserve market trust.

Who is affected?

This media feature is highly relevant for wealth managers, compliance heads, and senior executives navigating UK financial services regulation.