FCA sets out its approach to authorisation and its approach to competition
(WorldNews Politics)

When the FCA launched its Mission, it committed to publishing a series of documents that would explain its approach to regulation in more depth. Today`s approach documents are the second and third in this series and follow on from the approach to consumers which was published in November. Andrew Bailey, FCA Chief Executive said: `As part of our Mission, we committed to being more open and transparent about how we regulate and how we make decisions. `Authorisation is the gateway for firms that want to operate in the financial services industry....