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UK's FCA Publishes Consultation on Future Mission
Monday, November 14, 2016

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:

  • the functioning of markets;

  • meeting the FCA’s policy objectives;

  • balancing conduct regulation and public policy;

  • consumer protection, redress and vulnerable consumers;

  • transparency and disclosures;

  • FCA intervention;

  • competition;

  • supervision of firms; and

  • 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.

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