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- retiring outdated supervisory documents;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.