FCA discussion paper on impact on consumers
The regulator has released a discussion paper on how it intends to assess the impact of its interventions on consumers, firms and markets. The paper outlines why the FCA conducts post-impact evaluation; how specific interventions to study are chosen; and how it seeks to conduct evaluations that are robust, impartial and credible.
Feedback from stakeholders is requested by 1 June 2018.
View the paper at: bit.ly/2H4sTcR
Director of strategy and competition at the FCA, Christopher Woolard, outlined some of the challenges in the long-term savings market
The EU General Data Protection Regulation (GDPR) will apply in the UK from 25 May 2018. It is an essential step forward in enhancing the privacy and security of personal data.
Sam Woods,deputy governor for prudential regulation and CEO of the PRA, has sent a letter concerning contingency planning to the CEOs and Branch Managers of banks