Update on the Bank of England and Financial Conduct Authority Memorandum of Understanding

The Memorandum of Understanding sets out the high-level framework the Bank of England and the Financial Conduct Authority will use to co-ordinate and co-operate in carrying out their respective responsibilities
Published on 19 April 2024

The Memorandum of Understanding (MoU) between the Bank of England in its capacity as the Prudential Regulation Authority, and the Financial Conduct Authority (FCA) has been updated to reflect changes made by the Financial Services and Markets Act 2023, facilitate the optimisation of some processes, and update terminology. The MoU has been agreed pursuant to sections 3D and 3E of the Financial Services and Markets Act 2000.

MoU between the FCA and the Bank of England

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