AutoRek Analysis of the FCA response to COVID-19

In a recent response to COVID-19, the FCA have commented that firms in general have been able to respond well. There have been no significant erosions of client’s access to services and business continuity arrangements seem to be working as planned. Glitches have been worked through and it feels as though financial services firms are adapting to a new way of doing business. The FCA’s business plan published in May 2020 outlines areas of prioritisation over the next 1-3 years and the 5 key drivers are as follows

Spotlight

Digitalization is not new. It has just meant different things throughout the years, as we made the shift from typewriter to computer, from fax to email. Every technological evolution marks an uptick in productivity and performance. And the most successful and resilient businesses make sure they are ready to accept the challenge

Spotlight

Digitalization is not new. It has just meant different things throughout the years, as we made the shift from typewriter to computer, from fax to email. Every technological evolution marks an uptick in productivity and performance. And the most successful and resilient businesses make sure they are ready to accept the challenge

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