’We remain resolute in supporting the vital role the financial sector plays in the UK’s long-term economic growth,’ says regulator’s chief executive
The FCA has prioritised the protection of consumers and the promotion of effective competition within the financial services industry in its Business Plan 2024/25, published today (19 March 2024).
In the document, the regulator explained that it would continue to test higher standards for regulated firms by embedding the Consumer Duty and “take action where appropriate” to ensure market integrity.
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