FS23/4: Potential competition impacts of Big Tech entry and expansion in retail financial services

The Financial Conduct Authority issued Feedback Statement FS23/4 to outline its final decisions regarding the potential competition impacts of Big Tech entry and expansion in retail financial services. The document details the regulator's analysis of market dynamics and the specific measures or considerations adopted in response to stakeholder feedback received during the consultation period. It serves as the authoritative record of the FCA's stance on ensuring fair competition and consumer protection in the evolving financial services landscape.

United Kingdom

Financial Conduct Authority

Discussion opens

25/10/2022

Discussion closes

15/01/2023

Feedback Statement

12/07/2023