FCA in its letter to the PM outlines a new approach to align regulations with growth, making it a cornerstone of its 2030 strategy and detailing plans to remove ‘unnecessary regulation’

Key highlights inlcude embracing economic reform risks – the FCA moves from tick-box compliance to a principles-based approach, regulatory easing: Proposals include relaxing some AML requirements to ease business burdens, corporate responsibility: Greater autonomy for boards to drive ethical practices and safeguard consumers….