FCA Business plan 2018/19 - An overview
The FCA has just released its annual Business Plan for the year 2018-19. Rather unsurprisingly Brexit takes centre stage. The FCA will be supporting the Government in its negotiations with EU countries in seeking a free trade agreement as well as providing advice on how the financial services industry will be impacted by the UK’s withdrawal from the EU.
Horizon gazing and contingency planning (including an assessment of transitional arrangements) will command some of the Regulator’s resource. The FCA will also provide technical advice relating to the EU (Withdrawal) Bill, which aims to preserve and convert the existing EU legislation into UK law. However, this focus on Brexit related matters does not mean the FCA is taking its eye off the ball at home. It has highlighted seven cross-sector priorities for the coming year, the majority of which are a continuation of prior work.
Download to read more on these seven priorities.