The FCA has published its Business Plan for 2023/24, detailing the work which the FCA will undertake over the coming 12 months to deliver on its strategic commitments previously published in 2022.
The plan sets forth:
The FCA’s strategic and operational objectives for 2023/24;
The expected challenges of the year ahead;
The FCA’s focuses for 2023/24, to reduce and prevent serious harm, set and test higher standards, and promote competition and positive change;
How the FCA will deliver its commitments;
The FCA’s budget.
Firms should read the Business Plan to gain insights into the FCA’s focuses for the coming year, and what they may mean for them.