Regulation of UK Covered bonds

UK covered bonds are regulated by the Financial Conduct Authority (FCA)  



Details of the FCA’s role in supervising regulated covered bond programmes and regulated covered bonds, including key features of the regime and an overview of the stress testing of these programmes, can be found on its website:

The FCA also maintains the FCA covered bond register. This is a public record of all regulated covered bond issuers and all regulated covered bonds issued that is updated regularly. Again this can be accessed on the FCA website:

Finally the FCA’s key documents and all other relevant information, including newsletters and research, on the regulated covered bonds regime can be found in the attached link.

  • The FCA supervisory team can be contacted directly at this address: