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Later this month we’ll publish our business plans for the first time, in the shape of an Annual Corporate Plan. This sits alongside our other core publications - the Strategic Risk Outlook, SoI, SPE and Annual Report. In addition to outlining our objectives and activities, it will also provide some basic information about how we’ve allocated our financial and human resources.
We expect this document to evolve over time, but as a first effort I hope it will contribute to the process of being open and transparent about what we do and why. As always, feedback is welcome.
I’d like to thank all those who responded to our recent consultation on a proposed exemption to facilitate personalised robo-advice. We had a large response to this proposal and are now considering all the feedback before finalising our policy in October.
The growth of fintech and emergence of innovative new products and services is not going to stand still, so neither should we. Our approach to robo-advice reflects our support for new platforms, markets, products and services, and the fact that, ultimately, we’re here to help markets work well and businesses succeed. We operate in a flexible financial regulatory system and have the tools to respond to what the market is doing, rather than what it might have done five years ago.
If you are developing an innovative new financial product or service, we’d love to hear from you as early as possible in the design process - this will help us to help you. You can read more about our approach to supporting innovation on our website.
Rob Everett
Chief Executive
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