Financial Stability

FCA takes ‘use it or lose it’ approach to regulatory permissions

By Justin Pugsley
BRR fallback image

Superficially, the proposals from the the UK’s Financial Conduct Authority (FCA) on regulatory permissions look like a tidy-up exercise primarily to weed out scams. However, some industry sources are concerned it could hinder competition, particularly from new entrants. 

In a consultation on September 9 called ‘New cancellation and variation power: Changes to ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

G-SIB
News, Regulation & Supervision
April 11, 2024

FDIC’s three-step plan to wrap up a failing G-SIB

Regulator slams the Swiss for abandoning international protocols over Credit Suisse rescue
Read more