The head of the incoming Financial Conduct Authority (FCA) has suggested the new body will adopt a less aggressive tone than its predecessor and will instead seek to "have a dialogue" with the companies and individuals it regulates.
The incoming FCA will focus on consumer expectation, even if it is "utterly unreasonable", according to a legal and regulatory compliance consultancy.
The number of staff at the new financial services regulator will be approaching 4,000 by the time it comes into force next month.
The FSA is consulting on the approach the future Financial Conduct Authority (FCA) would take if it needed to exercise powers to make temporary rule changes, before consultation, relating to financial services products.
The Financial Services Authority (FSA) is to produce fewer and more concise consultation papers in an attempt to better connect with firms.
The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.
The chairman designate of the incoming Financial Conduct Authority (FCA) has said talking to regulated businesses will be a key part of his role at the regulator, and sales incentives are at the top of his agenda.
The Financial Conduct Authority (FCA) must provide the industry with examples of good practice, something that has been "missing" from regulatory correspondence to date, according to the Chartered Insurance Institute (CII).
The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.
A former IFA leading a campaign to rebuild consumer trust in financial services has called on the incoming Financial Conduct Authority (FCA) to publicly back its agenda.