FCA outlines three-year plan to improve outcomes; targets FSCS levies

Tom Ellis
clock • 2 min read
FCA outlines three-year plan to improve outcomes; targets FSCS levies

The Financial Conduct Authority has set out a three-year strategy to improve outcomes for consumers while saying it would publish and hold itself accountable against outcomes and performance metrics. The regulator said its three-year strategy would prioritise resources to prevent serious harm, set higher standards and promote competition. A key strategy within the plan, the watchdog said, would be to shut down problem firms that do not meet basic regulatory standards and is recruiting 80 employees...

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