Government growth priority forces FCA to re-assess consumer risk

Table of contents

• Fraud risk rises
• Crypto-support risk
• Enforcing growth priorities
• Concierge service limitations
• Transaction reporting reform uncertainties

Article summary

Law360, London: Moves by the UK government to force the financial regulator to back economic growth with more relaxed regulatory controls could expose consumers to harm, leaving regulators with no clear idea of what risk levels would be politically tolerable.