FCA to cut “clunky interactions” as it drives digitisation
The Financial Conduct Authority is focused on cutting “clunky interactions”, with a key move being the digitisation of forms, according to Sheree Howard, FCA executive director of authorisations.
In a Treasury Select Committee Accountability Hearing yesterday (25 March), she explained the FCA has already digitised three forms.
Howard said: “It’s not a straightforward and easy process, and it will take us time to do it.”
Feedback on the first form digitised, the FCA’s most prevalent one used to get approval for a senior manager, she said was “very positive in terms of it’s much easier to use, everything’s in one place.
What they [firms] want from us is predictable, proportionate regulation
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