On 15 July, the UK Financial Conduct Authority (FCA) published its 2021/22 Business Plan. The FCA's – still fairly new CEO – Nikhil Rathi took the opportunity to deliver an ambitious and wide ranging statement. He set out the new and existing challenges that the FCA faced as well as the clear changes he, and his executive team, were looking to make to the way in which the regulator operates.
The theme for both the speech and the Business Plan is on the FCA being 'innovative, assertive and adaptive'.
In our briefing, we highlight key points from Mr Rathi's speech, drawing on additional context provided by the Business Plan. We then discuss the priorities which FCA has set out in the Business Plan itself.
Please read our full briefing here.
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