FCA – short feedback survey

We have received the following from the FCA.

 

 

“Many of you will be aware that we issued the first phase of the Covid-19 Impact Survey in June 2020, covering around 13,000 firms across 15 Supervision portfolios (Tranche 1), and then rolled this out to a further 9,500 firms in 21 portfolios (Tranche 2) at the beginning of August 2020. Since then we have repeated this survey for both Tranches four more times to understand the change in firms’ financial positions with time. The survey has helped us obtain an accurate view of the impact of Covid-19 and supported our work to mitigate risks of harm to consumers, the market and competition within it.

Please note: we will not be repeating the sixth round of this survey until early 2022.

In its place, we invite firms to complete a short feedback survey which seeks to collect anonymous feedback on the financial questions (cash balances, liquidity, capital) within the Covid-19 Impact Survey.

We will e-mail the feedback survey to firms between 22 October – 12 November 2021.

This is a voluntary survey and, as such, firms are under no obligation to complete it; we would just like to ask a few questions about their experience to improve the process going forward.

Firms will be e-mailed a link to complete the survey online (not through RegData). It is designed to be easy to complete even via a mobile phone and we expect that most firms will not need more than an hour to complete. If firms need a different individual within their organisation (or a consultant) to answer and submit the survey, the link can be forwarded to the required person.

We know firms will be concerned about phishing emails and scams. When they receive the survey, we ask that firms check it is from either FCA@fcanewsletters.org.uk or an @fca.org.uk email address.”

Important Note: ATEB news is intended to provide general information ONLY. The content, including any views expressed or guidance provided, does not replace the need to comply fully with FCA Rules and Guidance. Unless you have discussed news article content with ATEB, and specifically how it relates to your circumstances, then ATEB disclaims all liability and responsibility and actions arising from any reliance placed upon it. For the avoidance of doubt therefore, any reliance you place on such information without our consultation is at your own risk.

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