What is the FCA's approach towards enforcement actions?

The FCA's approach towards enforcement actions is centered on investigating breaches of regulations. This proactive stance demonstrates the FCA's commitment to maintaining market integrity and protecting consumers. By conducting thorough investigations, the FCA can identify non-compliance with rules and regulations, enabling them to take appropriate action against firms or individuals that fail to uphold standards. This approach not only serves to penalize wrongdoing but also acts as a deterrent to others, reinforcing the importance of adherence to regulatory requirements.

The investigative process underscores the FCA's role as a regulator that prioritizes accountability and transparency within the financial sector. By addressing breaches effectively, the FCA can promote a culture of compliance, ultimately leading to a more stable and trustworthy financial market.