August 26, 2020

FCA Emerging Risks Questionnaire

The Rapid Response Unit in the Payments Department at the FCA are approaching member firms for a large amount of information so they can identify emerging risks and identify firms where harm may already be occurring.

They are asking firms to provide responses to a wide variety of questions within a very short deadline, and firms are advised to be prepared to provide this to the FCA.

A copy of the questions being asked by the FCA can be found by logging into the secure member area.