FIN.

FCA consults on creating baseline financial resilience return

FCA is consulting on a proposed replacement for the Financial Resilience Survey.  It plans to create a new return for solo-regulated firms, which it hopes will both reduce the burden of ad hoc surveys and increase the quality and consistency of the information it receives.  The proposals will affect most FCA regulated firms (although not credit brokers) and will also apply to authorised and small e-money and payment institutions.

Consultation closes on 2 December.

 

Emma Radmore