The FCA has found that some of its data on the 11,000 requirements, directions or limitations that it currently applies to over 9,000 firms is out of date or has been superseded by new content. It is looking to review and update all these issues as appropriate. It plans just to make any small changes that don’t affect what a firm can or can’t do, but to contact firms to discuss any larger, more substantive changes it thinks necessary. Firms do not currently need to take any action unless the FCA contacts them.� The FCA is looking to make the changes over the next few months, so firms may see changes to the information on the Register.
