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
On 1 April 2017, new rules came into effect that will increase transparency and engagement at renewal in general insurance markets.
The UK Financial Conduct Authority’s (FCA) priorities for the year reflect the high level of resource needed for Brexit, given its impact on regulation and financial services.
Andrew Bailey, chief executive of the UK Financial Conduct Authority (FCA), has given a speech on Brexit at the Future of the City dinner in London.