Consultation outcome

Review of enforcement decision-making at the financial services regulators: call for evidence

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

Review of enforcement decision-making at the financial services regulators: final report

Detail of outcome

HM Treasury has now concluded the review of the financial regulators’ enforcement decision-making arrangements. A number of recommendations are made, intended to ensure that the regulators – the Financial Conduct Authority and Prudential Regulation Authority – continue to make fair, transparent and timely enforcement decisions.

Original consultation


This consultation calls for evidence about the enforcement decision-making processes of the Financial Conduct Authority and the Prudential Regulation Authority.

This consultation ran from

Consultation description

The government has launched a review led by the Treasury of the fairness, transparency, speed and efficiency of the institutional arrangements and processes for enforcement decision making at the FCA and the PRA. This consultation seeks evidence from interested parties who wish to contribute to the review.

Who should read this

Firms, individuals working in the financial services industry, professional advisers, trade associations and other representative bodies.

Next steps

The Treasury will also host roundtable discussions in June. If you are interested in attending, please express your interest by email or post to the addresses shown below by 21 May 2014. Please state whether you wish to attend as an individual or on behalf of an organisation. We regret that we cannot guarantee the availability of a place at a roundtable discussion.

Responses and, where appropriate, joining instructions will be sent by 4 June 2014.


Published 6 May 2014
Last updated 18 December 2014 + show all updates
  1. final report published
  2. First published.