The FCA “is determined to be seen as an enabler, not a blocker”, and sees itself as taking a “proportionate and risk-based” approach in contrast to the SEC’s “strict liability approach”. And on the challenging area of crypto: “We will not over promise on protection we can’t deliver on”. The
Pragmatic and enabling: FCA’s Jamie Bell explains role regulator wants to play
Regulation chief gives a flavour of the thinking behind the FCA’s approach in conversation in front of senior professionals.