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FCA Business Plan 2022/23 and Strategy 2022/25

  • United Kingdom
  • Capital market law
  • ESG
  • Financial services and markets regulation
  • Fraud and financial crime
  • Investment funds and asset management

06-05-2022

The FCA has published its Business Plan 2022/23 and its Strategy 2022/25.

The Business Plan sets out the work that the FCA intends do over the next 12 months to help deliver the commitments in their Strategy.  The Business Plan explains how the FCA will measure progress.

The Strategy sets out the FCA’s vision and ambitions for the next three years along with the key strategic areas the FCA will be focusing on and the outcomes that the FCA expects from financial services.

The FCA notes that “during the pandemic, we proved we could think and do things differently and at speed” and believes that it is now much better prepared to react to emerging issues and adapt its plans accordingly.

Product Group Head of Financial Services and Partner in the Financial Services team, Michaela Walker, comments,

“The FCA has grown as a regulator in recent years, assuming greater competency post-Brexit and proving itself to be flexible and fleet of foot in the face of the challenges of the pandemic.  Its Business Plan and Strategy build on that growth and anticipate the increasing role for the FCA as the power to regulate financial services is transferred from Parliament to the regulators, including the FCA, and it assumes new statutory objectives, including promoting the competitiveness of UK financial services on the global market.”

Read the full briefing on the FCA's Business Plan and Strategy here>

For more information on the FCA's Business Plan and Strategy, please contact your usual Eversheds Sutherland contact or get in touch with the contacts listed in the briefing