Financial Services Risk and Regulation Unravelled Podcast
Episode 58: Regulatory update – FCA Business Plan
Apr 18, 2024
Experts in financial regulation, David Morrey and Ben Farmer, discuss the FCA Business Plan 2024/25 and its implications for businesses. They cover topics like enforcement consultation, Sexism in the City report, social media financial promotions guidance, and more.
41:00
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Quick takeaways
- The FCA's business plan emphasizes combating financial crime and enhancing consumer protection through rigorous compliance and testing.
- The FCA aims to align regulatory rules with modern technology advancements, focusing on areas like crypto and T plus one settlement.
Deep dives
FCA Business Plan Priorities and Strategic Evolution
The FCA's business plan outlines its priorities for the year and reflects a strategic evolution towards a more articulate strategy. The plan includes 13 commitments focusing on areas like financial crime and consumer protection. A new secondary objective of promoting the international competitiveness of the UK economy has been integrated.
