FCA findings from fair value assessement reviews

Last week, the FCA also published their findings from the review of firms’ fair value assessments. In the findings, the FCA state that they looked at 5 key criteria in assessing fair value assessments presented by firms. These included understanding of fair value rules, assessing fair value, considering contextual factors, assessing differential outcomes and data and governance. In all these areas, the regulator says they found areas of good business practice, but also areas for improvement and development. You can read the full review of the findings here.

Source: FCA