FCA sets out plan for the year ahead

Summary:

The Financial Conduct Authority (FCA) published its Business Plan for 2024-25, outlining its ambitious programme of work for the final year of its 3-year strategy. The plan focuses on consumer protection, promoting competition, and supporting UK competitiveness and growth. The FCA will continue to deliver on its 13 commitments, including protecting consumers through the Consumer Duty, supporting long-term financial wellbeing, and ensuring market integrity. The plan highlights the regulator's progress in using data to spot and stop harm, being tougher on firms that cause harm, and adapting its rules and processes to ensure the UK remains an attractive place to invest. The FCA will also propose reforms to the listing regime to encourage more companies to list in the UK and compete globally.