Andrew Bailey

FCA wants to ensure it focuses on the right areas

Focus on compliance, fees and risk

Report by New City Agenda and Cass Business School

To become 'stronger' regulator

Rolled out to all regulated financial services firms from 2018

More progress needed on Senior Managers Regime

"The business put at risk could be significant"

Pensions 'probably top of the list' for societal importance, says FCA chief

Fourth letter in saga

Emphasis more on proactive supervision than enforcement