FCA publishes Mission and Fees Consultation Paper
The Financial Conduct Authority (FCA) has published its final Mission document which gives firms and consumers greater clarity about how we prioritise our interventions
in financial markets.
Mission serves the public interest through the objectives given to the FCA by Parliament. It explains the intervention framework for the strategic decisions that are made, the reasoning behind their work and the way they choose the tools to do it.
Alongside the Mission, the regulator has also published its Business Plan and Fees consultation. For the first time, the FCA has also published its sector views, which highlight the issues and developments in the sectors it regulates.
The Mission document can be viewed at: http://bit.ly/2puHB33
Executive Director of Insurance Supervision at the Bank of England, David Rule, spoke at the Association of British Insurers to reflect on the Bank of England’s approach to the implementation of Solvency II...
To discussion paper on the ageing population and financial services
The UK Financial Conduct Authority (FCA) has published the first of two consultation papers on implementing the Insurance Distribution Directive (IDD).