Andrew Bailey reveals planned updates for FS register

The letter, which was sent to Treasury Committee Nicky Morgan on 23 October, revealed the watchdog is working on several proposals to improve the quality and reliability of key pieces of information consumers rely upon the register for. Bailey (pictured) wrote: "We are exploring the viability of making the register, in some way, publicly indicate [sic] when a firm's information has not been updated within required timeframes. Some of the proposals we are considering would require us to consult and upgrade the systems. "We have also taken steps to put new processes in place to ensure i...