The Financial Conduct Authority (FCA) has released a consultation called Our future mission. This document seeks to engage the financial industry and help shape their business plan for the year. We have released our response, providing feedback on specific aspects such as consumer protection and the FCA’s approach to intervention. We welcomed the FCA’s desire to become more transparent and endorsed the idea of sharing lessons learnt within the industry, as well as increasing protection for vulnerable consumers. To read the full response, click on the link below.
Read the full document here