An FSA consultation paper detailing how it intends to collect data from firms as part of its pre- and post-RDR supervisory agenda has been delayed until Q1 next year.
The regulator had intended to sound out the industry this autumn but says its pre-consultation work is taking longer than expected. A spokesperson for the FSA says: "As you can imagine, firms are very interested in data collection, and we are currently pre-consulting with industry through ongoing discussions and working groups to ensure the paper reflects conversations and considerations raised." In its March Policy Statement on the RDR, the FSA said collecting data would be "an important part" of its supervisory approach in the future. Prior to 2012, it plans to test firms' prepar...
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