On October 26, the UK Financial Conduct Authority (FCA) published a consultation (Consultation) on its “future mission”—which are the FCA’s priorities and approaches to regulation for the coming years. The Consultation invites feedback on several key topics, including:
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the functioning of markets;
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meeting the FCA’s policy objectives;
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balancing conduct regulation and public policy;
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consumer protection, redress and vulnerable consumers;
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transparency and disclosures;
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FCA intervention;
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competition;
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supervision of firms; and
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the FCA’s approach to enforcement.
Responses to the Consultation must be submitted to the FCA by January 26, 2017.
A copy of the Consultation is available here, and the FCA’s accompanying press release is available here.