FCA calls on firms for feedback on how effective its regulation is

Watchdog says it has shortened this year’s survey to make it easier

Hope Coumbe
clock • 1 min read

All fixed firms and a sample of flexible firms are expected to imminently receive the Financial Conduct Authority (FCA) and practitioner panel survey for 2024.

The survey - which will be carried out in conjunction with independent social research organisation Verian - is used to assist the watchdog to better understand various issues affecting firms. The regulator said on Friday (2 February) that it was looking to collect views from an increased sample of flexible firms this year, totalling 25,000. The FCA will use the feedback it collects to plan how it considers its approach to regulation. On the back of last year's survey, the regulator is looking to improve authorisations performance and processing times, undertake more data collectio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Law, not likes: Cracking down on social media financial promotions

Law, not likes: Cracking down on social media financial promotions

‘Every individual social post or communication must comply with the rules’

Sarah Wylie and Owen McLennan
clock 28 October 2024 • 4 min read
Number of non-financial misconduct reports in the City spikes in three years

Number of non-financial misconduct reports in the City spikes in three years

FCA reveals survey results

Cristian Angeloni
clock 25 October 2024 • 4 min read
Regulation, regulation, regulation: Labour's impact on comms compliance

Regulation, regulation, regulation: Labour's impact on comms compliance

Advisory firms must stay ahead of any potential changes

Shaun Hurst
clock 23 October 2024 • 4 min read