Experts dissect FCA three-year strategy

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The Financial Conduct Authority’s three-year strategy has “a number of headlines for all financial services firms” according to Michael Sicsic, managing director of Sicsic Advisory.

The FCA announced the strategy yesterday committing to focus resources on preventing serious harm, setting higher standards and promoting competition. It also published its 2022/23 Business Plan on delivering across the three core areas of focus during the next 12 months and an outcomes metric.

Sicsic stated that the combination supported the drive towards the performance culture FCA CEO Nikhil Rathi wants to build and a way of measuring its success.

He listed that the FCA will raise the bar

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