Regulatory necessity: Why data is no longer a 'nice to have'

Client-led, data-driven

clock • 5 min read

Paul Bruns explains why good quality regulatory reporting should keep firms out of the supervisory spotlight

Within its 2021/22 business plan, as part of its data strategy, the Financial Conduct Authority (FCA) committed to become a data-led regulator and to become more innovative, adaptive, and assertive.  This strategy was further supported with the appointment of a chief data, information, and intelligence officer, Jessica Rusu, whose role is to lead the transformation of the FCA's ability to analyse and use the data and intelligence collected to efficiently and effectively oversee the firms it regulates.  The FCA's data-led approach is now a regular feature of its communications with fir...

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

Paul Bruns: Ongoing review flexibility and the advice gap

Paul Bruns: Ongoing review flexibility and the advice gap

Changes are still currently only at proposal stage

Paul Bruns
clock 10 August 2026 • 5 min read
How considering vegetable peelers can inform your product design

How considering vegetable peelers can inform your product design

FCA released two reports to mark the third birthday of Consumer Duty

Alison Gay
clock 31 July 2026 • 4 min read
Andy Wealthall: Is there still a place for annual suitability reviews?

Andy Wealthall: Is there still a place for annual suitability reviews?

'We shouldn't solve one problem by creating another'

Andy Wealthall
clock 30 July 2026 • 4 min read