Sharing a summary of UK Business Plan priorities from the CMA, FCA and PRA.
Competition and Market Authority 2019/2020 priorities:
•Protecting vulnerable consumers •Improving trust in markets •Promoting better competition in online markets •Supporting economic growth and productivity
Financial Conduct Authority 2019/2020 priorities:
•Withdrawal and International engagement •Firms’ culture and governance •Operational resilience •Financial crime (fraud, scams) and AML •Fair treatment of existing customers •Innovation, data and data ethics •Demographic change •The future of regulation
Bank of England Prudential Regulation Authority 2019/2020 priorities:
•Robust prudential standards and supervision •Adapting to market changes and horizon scanning •Financial resilience •Operational resilience •Recovery and resolution •Competition •EU withdrawal •Efficiency and effectiveness
Many thanks. Ambrish - Community group founder.