We are setting out the planned regulatory initiatives for the next 24 months.
This Grid from the Financial Services Regulatory Initiatives Forum sets out the regulatory pipeline. This is so the financial services industry and other stakeholders can understand – and plan for – the timing of the initiatives that may have a significant operational impact on them.
The Financial Services Regulatory Initiatives Forum
This Forum was launched to further strengthen coordination between members. It is made up of representatives of:
- Bank of England (BoE)
- Competition and Markets Authority (CMA)
- Financial Conduct Authority (FCA)
- Financial Reporting Council (FRC)
- HM Treasury (HMT) (Observer member)
- Information Commissioner’s Office (ICO)
- Payment Systems Regulator (PSR)
- Prudential Regulation Authority (PRA)
- The Pensions Regulator (TPR)
The FCA and BoE/PRA co-chair the Forum. See the Forum’s Terms of Reference.
Updating the Grid
We publish the Grid twice a year to help manage the operational impact on firms of implementing initiatives from the Forum members. It also helps firms and other stakeholders plan for forthcoming initiatives. The Grid provides detail on the timing of initiatives over a 24-month horizon and highlights key examples of closely interconnected initiatives to help stakeholders easily identify these.
Next steps – give us your feedback
We continue to welcome feedback on the Grid. We are particularly looking at ways in which the Grid has been useful for stakeholders in their planning for regulatory initiatives and where we can improve on this.
The Forum Secretariat may share any responses with Forum members. Please indicate in any response whether you agree or do not agree to sharing any personal data contained in your response, including name/email address, with Forum members. We will not regard a standard confidentiality statement in an email message as a request for nondisclosure. Despite this, we may be asked to disclose a confidential response under the Freedom of Information Act 2000. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by the Information Commissioner and the Information Rights Tribunal.