Context
The FCA has announced it will be repeating its financial resilience survey for a third time to enable further understanding of the change in firms’ financial positioning over time. The survey has helped the FCA obtain an accurate view of the impact of coronavirus and the support required to mitigate the risk of harm to consumers, the market and competition within it.
Key points to note
- The survey will be emailed to relevant firms between 13-19 January
- Completion of the survey is mandatory
- The FCA expects to repeat the survey again in the near future
- Firms are advised to ensure the email received comes from FCA@fcanewsletters.org.uk or an @fca.org.uk address
- Firms can contact the FCA’s supervision hub with any questions via firm.queries@fca.org.uk