FCA moves to delay consultation responses amid coronavirus outbreak

Response time pushed back to October

The Financial Conduct Authority (FCA) has said it will extend the closing date for ongoing consultations and calls for input amid the coronavirus outbreak.

In a statement posted to its website today (17 March), the regulator said it would postpone activity it did not deem critical to protecting consumers and market integrity in the short-term, to give firms more time to focus on customers. As a result, it said it would extend the closing date for responses to its open consultation papers and calls for input until 1 October 2020, and reschedule "most" other planned work. The regulator added it would be scaling back routine business interactions, so it only contacts firms on business-critical requests and responses to the current situation...