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FCA Guidance on Cyber Incident Disclosure Obligations

FCA Guidance on Cyber Incident Disclosure Obligations

First seen 27 Oct 2026, 23:16 UTC • •

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ThreatCluster AI
ThreatCluster •October 28, 2026 at 01:47 UTC
  • •FCA guidance clarifies inside information obligations for companies facing cyber incidents.
  • •Organizations must assess the scale and impact of cyber incidents to determine disclosure needs.
  • •Collaboration between regulators and industry aims to improve information sharing and market integrity.

On September 30, 2026, the FCA issued guidance for companies on managing inside information obligations during cyber incidents. This guidance clarifies how organizations should assess whether a cyberattack constitutes inside information that must be disclosed under UK Market Abuse Regulation. Companies must evaluate the scale of the incident, including potential data compromise and operational disruption. The guidance emphasizes the need for ongoing reassessment as the situation evolves. It aims to help issuers navigate their legal obligations while maintaining market integrity. The collaboration between the FCA, NCSC, and industry stakeholders highlights the importance of timely information sharing in enhancing cyber resilience across sectors.

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Timeline

2026-09-30
FCA publishes guidance
The FCA released guidance to help companies manage inside information obligations during cyber incidents.
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Common questions

What should companies do if they experience a cyber incident?
Companies should assess the scale and impact of the incident to determine if they have inside information that requires disclosure.
How often should companies reassess their situation during a cyber incident?
Companies should conduct daily or even hourly reassessments of the incident's impact and operational disruption.
What are the conditions for delaying disclosure of inside information?
Disclosure can be delayed if the information remains confidential, does not mislead the public, and the company has a legitimate interest in delaying it.