FCA releases statement on commitment to growth

The FCA has published a statement on its commitment to growth, highlighting measures such as:

• making it easier for companies to list;
• setting out a roadmap for crypto regulation;
• reimagining financial advice and guidance to boost investments;
• stripping out data requests;
• retiring outdated supervisory documents;
• introducing a new private stock market;
• paring back our insurance rulebook; and
• working on redress reforms to give consumers and firms greater certainty.

The statement comes after the House of Lords Committee has published a report on failures by the FCA and PRA to implement their secondary competitiveness and growth objective.