Context
The FCA has announced that its latest Practitioner Panel survey is being sent to all regulated firms so they can share their feedback on how the FCA regulates the industry. The survey is carried out on the FCA’s behalf by Verian (formerly known as Kantar Public), an independent social research organisation .
For the first time, the survey will be sent out to all regulated firms allowing the FCA to capture an even wider range of feedback. The results are presented to the Practitioner Panel and the FCA Board, and will be published in summer 2025.
Key points to note and next actions
Responding to feedback from last year’s survey, the FCA explains that it has listened to the feedback and is taking actions including:
- Delivering new measures to support growth.
- Looking at how it can streamline the Handbook following its call for input asking for views on where it can simplify its retail conduct rules and guidance.
- Continuing to make it easier for firms to supply data to the FCA, including creating a new firm portal, My FCA, due to launch in Spring 2025, and reviewing regular data returns to ensure it still requires the data it is asking for.