FCA takes ‘use it or lose it’ approach to regulatory permissions
By Justin PugsleyOctober 12, 2021
Superficially, the proposals from the the UK’s Financial Conduct Authority (FCA) on regulatory permissions look like a tidy-up exercise primarily to weed out scams. However, some industry sources are concerned it could hinder competition, particularly from new entrants.
In a consultation on September 9 called ‘New cancellation and variation power: Changes to ...
Already a subscriber? Log In
Read Next:
One in five banks now prioritise integrating AI into compliance
Some banks are developing ways to ease the burden on compliance teams
Read more