Work to improve the Financial Services Register, which will include making suspensions clearer, will begin this summer, Financial Conduct Authority (FCA) chief Andrew Bailey has revealed.
In a letter responding to the Work and Pensions Committee's report into the British Steel Pension Scheme, Bailey revealed details of plans to improve the register and when we can expect to see the changes. The FCA boss said work was already underway to consider how the financial watchdog could improve the register. He added changes would be made this summer to make it clearer when requirements, including suspensions, applied to an entry. He also said the regulator would make improvements to the search facility and make a simpler presentation of some commonly searched information avail...
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