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 ...

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