Chris Davies: What does the FCA's business plan mean for the sector?

The priorities in its 2019/20 business plan recently published by the Financial Conduct Authority (FCA) reflect the high level of resource the regulator needs to dedicate to European Union (EU) withdrawal, given its impact both on its own regulation and the firms it regulates. Also, as we have previously predicted, there is a prominent focus on identifying, managing and improving conduct and culture.  Alongside this work, the FCA will focus on seven cross-sector priority areas, based on assessments of where there is the greatest harm or potential for harm, and where intervention can have...