The FCA has set out its business plan for 2024/25, promising to continue to focus on preventing serious harm to consumers, setting higher standards and promoting competition.

The Financial Conduct Authority has outlined its plans to reduce and prevent financial crime as part of its 2023/24 Business Plan released today.

The speech on transforming to a forward-looking, proactive regulator, delivered by Financial Conduct Authority chief executive Nikhil Rathi at the launch of the FCA’s 2021-22 Business Plan this morning:

The FCA is set to reduce its fees for advisers by 1.1% over the next year although overall costs for advisers could go up, according to its fee proposals published today.