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FCA launches ‘Regulatory Priorities’ reports to replace portfolio letters

Montage with Nikhil Rathi, chief executive of the UK's Financial Conduct Authority, and the logo.
GRIP Montage: FCA

This move reflects the FCA’s strategy to become a more responsive and outcomes-focused regulator.

​The FCA has officially transitioned to a new supervisory communication model. Moving away from the traditional “portfolio letters,” the regulator is introducing 9 annual Regulatory Priorities reports to provide a “clearer, more consistent way of communicating sector-specific priorities.”

​The inaugural insurance sector report

​The first of these reports, published February 24,Insurance