FCA publishes 2021/2022 Business Plan

Published: 27 July 2021

The Financial Conduct Authority (FCA) has published its business plan for 2021/22, setting out its key areas of focus in the coming year .

The FCA’s wholesale markets priorities include:

  • Simplifying the complex rules around pre- and post-trade transparency in securities and derivatives markets, as well as the commodity derivatives position limits regime inherited from MiFID II
  • Non-bank finance, which will include increasing FCA supervision of whether the environmental, social and government (ESG) attributes of asset managers’ investment products are fair, clear and not misleading.
  • Establishing the right framework for long-term asset funds (LTAFs)
  • Closely coordinating with overseas authorities around LIBOR transition for both new business and dealing with legacy issues.

Other priority areas include ESG, Diversity and Inclusion and Operational Resilience.

If you have any questions regarding the FCA’s Business Plan, please contact Adam Jacobs-Dean.