Regulatory Priorities reports

Our annual Regulatory Priorities reports will provide specific key priorities for each sector.

We're introducing 9 annual Regulatory Priorities reports to replace our portfolio letters.

These reports are a clearer, more consistent way of communicating our sector-specific priorities. They will help firms understand what we expect and where to focus.

These reports provide:

  • Specific key priorities for each sector.
  • Further relevant work we'll be undertaking in the next year.
ReportPublication date
1. Insurance24 February 2026
2. Consumer investmentsMarch 2026
3. PensionsMarch 2026

4. Retail banking

5. Mortgages

March 2026
6. Consumer financeMarch 2026

7. Wholesale buy-side

8. Wholesale markets

March 2026
9. PaymentsMarch 2026

Each report outlines our priority areas of focus for firms in that sector. This helps firms better understand what’s expected, strengthen compliance, support innovation, and ultimately deliver improved outcomes for consumers.

Firms will need to consider which priorities and recommendations detailed in the reports apply to them, based on their business models. Firms should also consider whether they have business lines that could be included in other Regulatory Priorities reports.

These reports have been shaped by feedback from firms, trade bodies, and other stakeholders to ensure they are clear, actionable, and aligned with market realities.

We'll respond to market events and other new risks we identify. This may necessitate new workstreams that haven't been included in the reports and could involve us deprioritising planned workstreams that are in the reports.