Context
Nikhil Rathi has participated in his first podcast as the new FCA Chief Executive. The podcast focussed on discussions around the impact of Covid-19 and the FCA’s plans for the future.
Key points to note
- The FCA aims to continue to listen and respond with pace and agility as new challenges emerge
- The FCA is not, and should not be seen as, a zero-failure regulator but will continue to ensure risks are managed and consumers are adequately protected
- The FCA wants to be become a more data-led regulator with data information intelligence being at the core of what the FCA does
- The FCA will continue to work on new areas of finance, particularly supporting innovation and fintech
Next actions
Firms can listen to the podcast via https://www.fca.org.uk/multimedia/inside-fca-podcast-interview-nikhil-rathi-pandemic-response-and-transforming-fca or view the transcript via https://www.fca.org.uk/publication/transcripts/inside-fca-transcript-nikhil-rathi-interview-2020.pdf