The FCA’S Annual Report and Accounts for 2022/23 have been published against the backdrop of what Ashley Alder, the new FCA Chair, calls a “tighter economic cycle.” While there is no doubt that this will result in pressure on markets and consumers, the resourcing of the FCA is not exempt.
Breadth of regulatory remit and challenges highlighted in FCA Annual Report
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The report takes in the first year of the FCA’s three-year plan, including work on protecting consumers, ESG and crypto regulation.