UK Regulator Restricts Six Private Credit Firms Over AML Controls

London, 23 October 2026 – The United Kingdom’s Financial Conduct Authority has imposed restrictions on six relatively small private-credit lenders over concerns about anti-money-laundering controls. The measures limit their ability to accept new customers and enter new lending arrangements, while some firms are also restricted from receiving payments from existing customers.

The action matters to Asian investors and financial institutions because private credit has become an increasingly important source of corporate funding across global markets. The restrictions are confirmed supervisory measures, not a finding that the wider industry is unsound, but they show that regulatory expectations are rising for lenders operating outside full banking supervision.