FCA sets out its priorities for 2019/20

Regulatory Updates | 18/04/19

The Financial Conduct Authority (FCA) has published its Business Plan for 2019/20, which outlines the key priorities for the coming year. The Business Plan includes four ongoing cross-sector priorities:
• Work on firms’ culture and governance, including extending the Senior Managers and Certification Regime to all firms.
• Ensuring the fair treatment of firms’ existing customers by monitoring firms’ practices, including the information they give prospective and current customers.
• Developing the work being done on operational resilience, which will play a vital role in protecting the UK’s financial system.
• Combating financial crime and improving anti-money laundering practices, by enhancing the use of technology and data, as well as engaging with multiple agencies and government bodies.