2024/25 FCA market cleanliness statistics

The Financial Conduct Authority (FCA) plays a crucial role in ensuring the integrity of the financial market, promoting competition, and protecting consumers. Through its regulatory functions, the FCA works to authorize firms, enforce regulations, provide guidance through its handbook of rules, and supervise activities to ensure compliance with international standards and regulations.

The FCA operates with a focus on enhancing market integrity while promoting fair competition and safeguarding consumer interests. Its regulatory framework encompasses authorizing firms, enforcing rules, providing guidance on compliance issues, and monitoring activities to ensure adherence to international standards and regulations. By working closely with other regulatory bodies such as the Prudential Regulation Authority and the Bank of England, the FCA ensures a robust regulatory environment that fosters market integrity.

In line with its commitment to corporate responsibility, the FCA places a strong emphasis on diversity, equity, and inclusion in the financial sector and within its own organization. By promoting a diverse and inclusive workplace, the FCA aims to create a more equitable and sustainable financial industry. Additionally, the FCA actively engages with various stakeholders, including industry participants, consumer groups, and other regulatory bodies, to ensure a holistic approach to regulation that benefits all parties involved.

The FCA’s leadership team, including the Chair, Chief Executive, and executive committees, play a pivotal role in setting the strategic direction of the organization and overseeing its operations. By establishing clear priorities and objectives, the FCA is able to effectively regulate the financial market and address emerging challenges and opportunities. This strategic approach is further reinforced through the FCA Board, which provides oversight and guidance on key regulatory decisions and initiatives.

For those interested in joining the FCA, the organization offers a range of career opportunities for both early-career professionals and experienced individuals. By providing a supportive and inclusive work environment, the FCA aims to attract top talent and foster a culture of continuous learning and professional development. Through its early-career programs and opportunities for experienced professionals, the FCA seeks to build a diverse and skilled workforce that can drive innovation and excellence in financial regulation.

Looking ahead, the FCA has outlined its strategy for the period from 2025 to 2030, setting out its vision and priorities for the next five years. By focusing on market integrity, competition promotion, and consumer protection, the FCA aims to create a regulatory environment that supports sustainable growth and innovation in the financial industry. Through its strategic initiatives and regulatory framework reforms, the FCA seeks to address emerging challenges such as cryptoassets, helping people access cash, and implementing the Senior Managers and Certification Regime to enhance accountability within financial firms.

In conclusion, the FCA plays a vital role in regulating the financial market, promoting competition, and protecting consumer interests. Through its strategic approach, commitment to diversity and inclusion, and focus on market integrity, the FCA aims to create a regulatory environment that fosters innovation, growth, and sustainability in the financial industry.