Source · Select Committees · Treasury Committee

Recommendation 32

32 Paragraph: 173

We welcome the steps taken by the FCA to change its approach to financial promotions,...

Recommendation
We welcome the steps taken by the FCA to change its approach to financial promotions, as well as introducing the “use it or lose it” programme. In future, the FCA should be more interventionist and should make more frequent use of its powers rather than maintaining a culture of risk aversion.
Paragraph Reference: 173
Government Response

A response document is linked to this report, dated 13 September 2021. Response attribution to this conclusion has not been verified. Read the response document ↗