A new approach to regulation? Three ways the regulator is changing

Three evolving areas of regulation advisers must be aware of

clock • 6 min read

According to Sandy McGregor and Kris Armstrong, the FCA is taking a fresh approach to regulation this year. Here they outline three new lines of thinking from the regulator...

The start of a new year is usually seen as a time for fresh intentions and purposeful change. We believe this also fits in the context of Financial Conduct Authority (FCA) regulation, as we have in recent times seen an evolution in its style which we expect to gather pace into 2024.  So, what do we mean by a new style of regulation? Well, we believe this can be summarised in three points; a shift towards outcomes-based regulation; a renewed focus on the threshold conditions; and a new data-focussed approach.  In this article, we'll explore each of these in turn. Source: Simplybiz ...

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