Context
The FCA has updated its Financial Resilience Survey web page to indicate that it is to issue another round of surveys.
Key points to note
The FCA is asking a number of firms to complete the survey, which helps the FCA understand how the current financial climate is impacting FCA solo-regulated firms. If your firm needs to take this survey, the FCA will e-mail you in one of two groups:
- Tranche 1 between 9 and 13 October 2023
- Tranche 2 between 16 and 20 October 2023
Firms in the Temporary Permissions Regime and Supervisory Run-off Regime can expect to receive this same survey, based on the same timeline above. If the FCA sends you this survey, it is mandatory to complete it.
Next actions
None – for information and awareness.