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...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
