FCA and HMRC make collaboration agreement

The FCA and Her Majesty’s Revenue & Customs (HMRC) have made a Collaboration Agreement to provide Single Point of Contact (SPoC) services, under Section 79(3) of the Investigatory Powers Act 2016 and Section 8.58 of the Statutory Code of Practice.

Under this agreement, the FCA will be the subscribing authority and HMRC will be the supplying authority. This agreement took effect on 1 May 2020.