The Financial Conduct Authority (FCA) has said it will extend the closing date for ongoing consultations and calls for input amid the coronavirus outbreak.
In a statement posted to its website today (17 March), the regulator said it would postpone activity it did not deem critical to protecting consumers and market integrity in the short-term, to give firms more time to focus on customers. As a result, it said it would extend the closing date for responses to its open consultation papers and calls for input until 1 October 2020, and reschedule "most" other planned work. The regulator added it would be scaling back routine business interactions, so it only contacts firms on business-critical requests and responses to the current situation...
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