The Panel’s aim is to provide early and effective industry input into the FCA’s important strategic issues and policy development from a wholesale perspective. As such, it has identified two themes and five priority areas of work for the coming year:
The themes through which the Panel will consider new regulations, policy decisions and the FCA’s approach are “market liquidity” and “international best practice framework”.
The priority areas of work are:
- The UK’s exit from the European Union (Brexit)
- Market preparedness for crisis scenarios
- Effective and proportionate regulation
- Cyber, middleware and technological resilience
- LIBOR transition