BIBA calls for scrutiny of FCA objectives and discussing revisiting Consumer Duty scope

The manifesto, Managing risk for growth and economic security, was launched yesterday (11 January) with a focus on supporting the economy, businesses and consumers. BIBA said that protecting people's welfare and property, and helping businesses to grow, needs to take place within a well-regulated and economically secure environment. Following the Financial Services and Markets Act, BIBA said it has high hopes for a proportionate regulatory framework that can facilitate growth. The association has called for scrutiny of the FCA's metrics to measure the regulator's success in helping...