Business Plan 2016/17
New pension freedoms and responsibilities, firms’ accountability, changing demographics, new legislation and the risks and benefits of technology are just some of the issues facing consumers, firms and markets in financial services. Our Business Plan shows how we will use our resources to meet the evolving challenges, and identifies seven priorities for us in the year ahead.
This year’s Business Plan explains how we are developing our sustainable approach to regulation and managing priority risks. It also incorporates our Risk Outlook, which highlights the context within which we operate and the risks we see in the market.
Our Business Plan
Our Business Plan explains the work we will undertake in 2016/17 to protect consumers, enhance market integrity and promote competition.
Chairman’s foreword
John Griffith-Jones
CEO’s introduction
Tracey McDermott
1. Our role
Our objectives and approach to regulation
5. Ongoing activities
Our core day-to-day activities
2. Risk Outlook
An assessment of risk forms the cornerstone of our planning process
6. How we operate
Our budget 2016/17
3. Our priorities
How we decide our business planning priorities
4. Additional key workstreams
Other key elements of our work this year