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FCA removes reporting requirement that affects 36,000 firms

By 2025-08-29T06:00:00

cutredtaperegulation

‘We only ask for the data we need, making sure it’s proportionate, to reduce unnecessary burdens,’ says chief data officer

FCA authorised firms will no longer need to submit a nil return – in essence a document saying ‘nothing to report’ – when completing certain tasks relating to disciplinary actions taken at the company.

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