Correspondence

Correspondence on regulatory operational effectiveness

Exchange of letters between the Economic Secretary to the Treasury and the CEOs of the Financial Conduct Authority and Prudential Regulation Authority regarding operational effectiveness.

From:
HM Treasury
Published
1 December 2022

Documents

Letter from the Economic Secretary to the Treasury to the CEO of the Financial Conduct Authority

PDF, 84.5 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Letter from the Economic Secretary to the Treasury to the CEO of the Prudential Regulation Authority

PDF, 84.6 KB, 1 page

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Response from the Financial Conduct Authority

PDF, 84.9 KB, 3 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Response from the Prudential Regulation Authority

PDF, 330 KB, 4 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

The Economic Secretary to the Treasury (EST), Andrew Griffith MP, has written to the CEOs of the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to highlight the importance of world-leading levels of regulatory operational effectiveness. The letters also request an update on the regulators’ plans to increase transparency on their efforts to be world-leading in terms of operational effectiveness.

Replies from the FCA CEO, Nikhil Rathi, and the PRA CEO, Sam Woods, set out their plans to publish more frequent and more detailed data on the regulators’ operational performance.

Published 1 December 2022

Related content