Link(s): | Support for innovative products and new firms part of new FCA work programme | FCA FCA annual work programme 2025/26 | FCA |
Context
The FCA has published its 2025/26 annual work programme outlining what it intends to deliver in the first year of its five-year strategy. The FCA sets out that it needs to deepen trust and rebalance risks in order to improve lives. The programme sets out what the FCA intends to deliver in relation to its four strategic objectives of being a smarter and more efficient and effective regulator, supporting growth, helping consumers navigate their financial lives, and fighting financial crime.
Key points to note and next actions
In explaining how it will achieve the four objectives in the coming year, the FCA sets out details under a number of headings:
A smarter regulator: more efficient and effective:
- Streamline data collection and improve regulatory interactions
- Digitise and improve the authorisation process
- Improve how it uses intelligence and data to spot and act on harm
Supporting growth (this section sets out details of new and ongoing work):
- Accelerate digital innovation to improve productivity
- Reduce the regulatory burden (including streamlined rules, guidance materials and wider communications, and streamlining data collection)
Helping consumers navigate their financial lives:
- Encourage firms to use innovative solutions that improve consumer resilience
- Supporting customers in vulnerable circumstances
- Build on existing customer engagement work
Fighting financial crime:
- Continue to invest in systems
- Identify financial crime and tackle organised crime
- Proactive, targeted supervision