Prepare for the FCA’s latest non-financial misconduct regulations

The FCA has confirmed new rules and guidance on non-financial misconduct through Policy Statement PS25/23: Tackling non-financial misconduct in financial services. The changes include the new COCON 1.1.7FR rule and updated Handbook guidance covering how firms apply Conduct Rules and Fit and Proper assessments to non-financial misconduct. New rules and guidance will come into force on September 1st 2026.

For Compliance and HR leaders, this creates a clear need to review policies, reporting processes, conduct assessments and employee screening practices before the rules take effect.

This checklist helps you understand what needs to change, where your current processes may fall short, and the practical steps your organisation can take to prepare with confidence.

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Inside, you'll discover:

What PS25/23 means for FCA-regulated firms

Which HR, compliance and conduct processes need review

How to assess gaps in misconduct reporting, escalation and regulatory references

Practical steps to support readiness before the September 1st deadline

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Who it's for

This checklist is for Compliance Directors, Heads of Compliance, HR Directors, People Leaders, Risk Leaders and Senior Managers working in FCA-regulated organisations across the UK financial services sector.

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Key benefits

Speak to an expert

Check your readiness against PS25/23 and COCON 1.1.7FR

Align HR and compliance processes before the rules come into force

Reduce the risk of inconsistent misconduct decisions and reporting gaps

Build a clearer process for identifying, recording and escalating non-financial misconduct

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