Member

The current list includes the desirability of publishing information as a means to advance objectives. The actual wording is much more convoluted than that, but that is the sense. I am sure that the publication of information could be quite a useful tool in regulation, but is it an enduring regulatory principle to which the regulators must have regard? I think not. One of these Section 3B principles is that consumers should take responsibility for their decisions, which would be good—it would be good if the FCA did have regard to that. But the exact same wording is also found in the “have regards” for the consumer protection objective in Section 1C of FSMA, so Section 3B contains duplications.