FCA Market Watch 86

On 14 October 2026, the Financial Conduct Authority (FCA) published Market Watch 86.

In this Market Watch, the FCA shares its observations from recent supervisory visits to UK retail brokerage firms. The FCA reviewed the systems, controls and governance arrangements firms use to identify and report potential market abuse.

Firms should consider the points in this Market Watch and consider whether changes to their surveillance arrangements are required. Market abuse risks at UK retail brokerage firms remain a supervisory priority for the FCA. The FCA will continue to assess firms’ arrangements and surveillance controls regarding Suspicious Transaction and Order Reports as part of its supervisory work.

Market Watch 69 and Market Watch 73 discuss related themes and may be informative for readers of Market Watch 86.