FCA

The FCA’s CEO said the regulator is making progress on clearing the backlog, in a response to a Treasury Committee report on regulation and accountability.

The government has also resisted any new accountability measures that would impact the regulators’ independence, in a response to an MPs’ report.

A Freedom of Information Act request has uncovered delays insurance firms face when waiting for FCA case officers to start work on approvals.

The watchdog will also base its digital delivery centre in the Yorkshire city.

The Financial Conduct Authority and Financial Reporting Council have published two reports on findings from a review of listed firms’ climate disclosures.

Just three senior managers in insurance were reported to the watchdog during 2020/21, according to data accessed by consultancy Sicsic Advisory via a freedom of information request.

The regulator has released data that shows it is failing to meet certain voluntary and statutory operational targets.

The authorities have launched a discussion paper on how “critical” third-party suppliers can be regulated, including with skilled-person reviews.

The regulator has submitted a formal request to the Treasury for an extended remit to regulate ESG data providers.

The regulator has published data showing its performance against processing targets, amid criticism about its operations.

Plus all the latest people moves and the top news from the week.

Richard Lloyd was appointed interim chair of the FCA last month after the departure of Charles Randall.