Risk.net

UK regulator to simplify reporting

The regulator has said it will cut the complaints return and the retail mediation activities return, which most firms must submit every six months, by 80% and 30% respectively.

The cuts are part of the FSA’s drive to improve reporting requirements, set out in its Better Regulation Action Plan.

The regulator was quick to point out that consumers will not lose out from simplification. Jeremy Heales, the FSA’s head of regulatory reporting and data analysis, said: “Although these proposals would

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: