FCA releases April regulation round-up


April's regulation round-up from the UK's Financial Conduct Authority (FCA) includes a statement from Director of Supervision - investment, wholesale, & specialists, Tracey McDermott explaining the new supervision structure.

According to McDermott, "This structure has been developed to support our new strategy, which aims to ensure we have a sustainable model of regulation for the 73,000 firms we now supervise with a greater focus on sector or market based approaches to regulation and more flexibility in how we use our resources."

The regulation round-up is a monthly email update to regulated firm from the FCA, also available on the website.

More here: http://www.fca.org.uk/your-fca/documents/regulation-round-up/rru-april-2015