FIN.

FCA skilled persons reports update

In July – September 2020, FCA commissioned 14 skilled persons reports – of which half were on the retail side and half the wholesale side.  3 related to retail banking and payments and 2 to retail lending.

Of the 14, 6 related to controls and risk management frameworks, 4 to financial crime, 3 to conduct of business and 1 to governance and individual accountability.

Emma Radmore