Supervision is the ongoing oversight of firms and individuals to reduce actual and potential harm to consumers and markets.
To supervise effectively, we need a thorough understanding of the business models, culture and drivers of behaviour within the firms we regulate.
In our Approach to Supervision we highlight that we’re looking to be more forward-looking and pre-emptive approach in our engagement with firms. We have a pro-active intelligence-driven and data-led approach, and we take prompt and incisive action once harm has been identified.
This publication is the next in the series of documents that we committed to in Our Mission, providing transparency to our activities and explaining our approach in more depth.
We are seeking views on a number of questions about our approach to find out if we are being clear with our approaches and what else we could be doing.
Please send us your comments by 21 June 2018.
You can also write to:
Financial Conduct Authority
25 The North Colonnade
London E14 5HS
Email: [email protected]