The UK's Financial Conduct Authority (FCA) is consulting on the second phase of its enforcement investigation proposals, aimed at enhancing regulatory oversight for businesses. Concurrently, the FCA, along with the Payment Systems Regulator (PSR), is advancing initiatives to promote open banking payments in the UK. This includes the establishment of an independent firm to facilitate these developments. Additionally, significant changes to the Consumer Protection Order (CPO) regime are under consideration, reflecting ongoing efforts to adapt regulatory frameworks to current market conditions.