FCA sets out 'clear' supervisory approach

As its first anniversary approaches in April, the regulator said it saw fit to summarise how it intends to monitor firms' future conduct, what it expects of firms and how it will interact with them. Although there are no structural changes to the FCA's way of supervising firms of all sizes, the message is that "no firm is below the radar", FCA director of supervision Clive Adamson said. The guidance pulls together information previously outlined in the 2012 document Journey to the FCA and the July 2013 guide The FCA's approach to advancing its objectives and attempts to make it cleare...