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Image with title "Taking stick of the autumn UK budget" where MyCompliance speaks about its impact and implications for Compliance

What the UK Autumn Budget Means for Financial Compliance

The UK’s Autumn Budget 2025 has introduced several key measures with implications for regulated firms, lenders, and consumer credit businesses. While much attention is placed on taxation and spending, compliance professionals must also review the Budget through the lens of regulatory impact, financial reporting, and operational preparedness. Here’s what you need to know. 1. New […]

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My Compliance Consultants speaks about how to get customer trust with compliance

The Role of Compliance in Building Customer Trust in Financial Services

In today’s highly regulated financial landscape, compliance is no longer just a legal requirement, it’s a strategic pillar for building and maintaining customer trust. As UK consumers become more informed and cautious, demonstrating a strong commitment to FCA compliance and ethical standards has become a defining factor for business success in the financial services industry.

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Featured image with the text - What makes a Firm 'Fit and Proper' in the Eyes of the FCA | Blog by My Compliance Consultants

What Makes a Firm ‘Fit and Proper’ in the Eyes of the FCA?

Understanding the requirements and how to stay compliant In the UK’s regulated financial sector, ensuring that individuals in key roles are “fit and proper” is not just best practice, it’s a regulatory obligation under the Financial Conduct Authority’s (FCA) Senior Managers and Certification Regime (SM&CR). But what does “fit and proper” really mean? And how

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My Compliance Consultant | Key FCA Compliance Updates

Consumer Credit Compliance: Key FCA Updates You Should Know

Redress schemes, BNPL regulation, and what it means for lenders and brokers As part of the FCA’s ongoing efforts to strengthen consumer protection, major FCA updates have been announced this month impacting motor finance providers and Buy Now, Pay Later (BNPL) firms. These developments signal a significant regulatory shift that will impact lenders, brokers, and

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My Compliance Consultants - FCA's Consumer Duty Board Report - Due on July 31st

July 31st Is Just 15 Days Away! Have You Prepared Your Consumer Duty Board Report?

With the FCA’s Consumer Duty framework now fully in effect, regulated firms must complete and review an annual Consumer Duty board report by 31st July. This report is critical in demonstrating how a firm delivers good outcomes for retail customers an essential requirement of the Duty. At My Compliance Consultant, we support firms across the UK in preparing high-quality, compliant board

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5 Common Compliance Mistakes | My Compliance Consultant UK

5 Common Compliance Mistakes (and How to Avoid Them)

In today’s fast-changing regulatory landscape, compliance is not just a legal requirement it’s a cornerstone of trust, operational stability and long-term success. However, many organisations continue to make avoidable compliance mistakes that can expose them to serious financial and reputational risks. At My Compliance Consultant, we help UK firms strengthen their compliance framework by identifying

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An image summarising why FCA compliance is a competitive advantage to your business.

Why FCA Compliance Is a Competitive Advantage for Your Business

In today’s highly regulated financial environment, FCA compliance is no longer just a legal obligation it’s a strategic differentiator. Businesses that proactively meet Financial Conduct Authority (FCA) regulations not only protect themselves from regulatory penalties but also build stronger, more sustainable brands. At My Compliance Consultant, we believe that regulatory compliance can and should be used as a competitive edge. Here’s why

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What to Expect in an FCA Consumer Credit Compliance Audit | My Compliance Consultant UK

What to Expect in an FCA Consumer Credit Compliance Audit

Navigating a Financial Conduct Authority (FCA) compliance audit can feel daunting, but understanding what to expect can help your business prepare effectively and minimise disruption. At My Compliance Consultant, we have extensive experience supporting firms across the UK through every stage of the FCA audit process, ensuring full compliance UK standards are met. Here’s a

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Cost of Non-Compliance | My Compliance Consultants

The Cost of Non-Compliance in the Consumer Credit Regulatory Sector

In the consumer credit regulatory sector, compliance is not only a legal requirement it’s fundamental to trust, credibility, and sustainability. We frequently witness the consequences firms face when they fail to meet the standards set by the Financial Conduct Authority (FCA). Every day, the FCA publishes notices highlighting why certain firms lose their authorisation. While

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