The Live Wire



Press Release

APCIMS response to the FSA consultation: "The Financial Conduct Authority - Approach to Regulation"

2 September 2011

This paper has been prepared in response to the paper published by the FSA on 28th June 2011 entitled "The Financial Conduct Authority: Approach to Regulation" which outlines the initial thinking on how the Financial Conduct Authority ("FCA") will adopt a new model of regulation. The majority of APCIMS firms are subject to MIFID and the CRD and most, but not all, firms will be regulated by the FCA for all of their activities.

The objective of this paper is to highlight the strengths and weaknesses of the current regulatory regime so that they can be taken into account when constructing the new model of regulation for the FCA. Invariably the paper focuses upon the weaknesses of the current regime but we wish to emphasise that APCIMS and its member firms wish to positively engage with the FCA to create a better model of regulation. We are strongly of the view that all stakeholders within the regulatory regime have positive contributions to make in formulating a better model of regulation. The FCA must not be seen as a reincarnation of the FSA.

Click here for the full response to this consultation.



Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.

As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.

Association of Private Client Investment Managers and Stockbrokers (APCIMS)

More from Dods

© Dods Parliamentary Communications Ltd