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UncertainLow2026-07-28

FCA deputy CEO outlines growth, risk and trust priorities

ConductSpeechConductCross-JurisdictionalUnited KingdomConf: Medium
Regulatory Event

FCA deputy chief executive Sarah Pritchard delivered a speech framing FCA priorities around deepening trust, rebalancing risk, supporting growth and improving lives.

Analysis

Pritchard's speech reinforces FCA's dual mandate to enable growth while maintaining trust, signalling a continued rebalancing of risk tolerance. Firms should expect supervisory dialogue to increasingly weigh innovation and competitiveness alongside consumer protection and market integrity.

Relevance

Signals evolving FCA supervisory philosophy affecting how firms are assessed on risk-taking, innovation and consumer outcomes.

Required Action

Action Required

Align compliance and strategy narratives with FCA's rebalanced risk appetite and growth mandate in supervisory engagement.

Justification

Senior FCA leadership speeches shape supervisory tone and are leading indicators of regulatory expectations.

Control Commentary

Reflect FCA's rebalancing of risk and growth in RCSA narratives; ensure product governance and consumer duty frameworks demonstrate proportionate risk-taking.

Source

Speech by Sarah Pritchard, deputy chief executive, at a Breakfast Briefing at The Whitehall & Industry Group, framing FCA's vision as deepening trust, rebalancing risk, supporting growth and improving lives.

RH-2026-07-28-024