On October 26, the UK Financial Conduct Authority (FCA) published a consultation (Consultation) on its “future mission”—which are the FCA’s priorities and approaches to regulation for the coming years. The Consultation invites feedback on several key topics, including:

  • the functioning of markets;
  • meeting the FCA’s policy objectives;
  • balancing conduct regulation and public policy;
  • consumer protection, redress and vulnerable consumers;
  • transparency and disclosures;
  • FCA intervention;
  • competition;
  • supervision of firms; and
  • the FCA’s approach to enforcement.

Responses to the Consultation must be submitted to the FCA by January 26, 2017.

A copy of the Consultation is available here, and the FCA’s accompanying press release is available here.