Regulatory Alerts2026-02-03
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Regulators announce first firms to join Scale-up Unit
The Prudential Regulation Authority and Financial Conduct Authority have announced the first cohort of six banks and building societies to join their joint Scale-up Unit. These selected firms will receive tailored regulatory support, including direct engagement with regulators, to navigate compliance while developing new products and expanding into new markets. The initiative streamlines oversight for fast-growing financial entities, with a second cohort expected later this year and ongoing support available to smaller insurers.
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