FCA dismisses criticisms of its market studies

13 studies begun since April 2013

Tom Ellis
clock • 2 min read

The Financial Conduct Authority (FCA) has dismissed criticisms of its approach to market studies after firms and trade bodies complained they take too long to complete and are too burdensome on businesses.

In response to its Approach to Competition consultation paper, published last December, the regulator said a number of firms and trade organisations had complained its market study process was "too long" and required too much resource from companies within the studies' scopes. Respondents to the watchdog's paper suggested it should take less time to carry out market studies because markets can change and evolve quickly. The regulator argued that, when carrying out market studies, it considers market dynamics and the fact markets are constantly evolving and conditions may change. The F...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Quilter Invest launches targeted support offering

Quilter Invest launches targeted support offering

Uses an attitudinal-based assessment

Jen Frost
clock 01 June 2026 • 1 min read
Risks and opportunities from the 'death of the annual review'

Risks and opportunities from the 'death of the annual review'

'Annual reviews have historically acted as a safeguard against disengagement'

Graeme Devlin
clock 29 May 2026 • 4 min read
Non-financial misconduct: Rising expectations and rising exposure

Non-financial misconduct: Rising expectations and rising exposure

'Managers need to know what to look for and what to do in the moment, including when to escalate'

Sarah Jackman
clock 27 May 2026 • 5 min read