To ensure that we continue to properly regulate markets and the firms within them we have specialist teams who focus on supervising specific activities and issues. These are Client Assets and Resolution (CARD), Prudential, Technology and Resilience, Conduct Specialists and Financial Crime.
Within CARD, our visit and deskbased review schedule enables continued oversight of firms and increases our regulatory impact across all categories of firms that fall within the client assets regime, including newer categories such as debt-based crowdfunding firms. In 2016 we have also focused attention on firms’ outsourced activities to ensure appropriate oversight of delegated functions. “