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FCA Policy Reversal

Definition

FCA policy reversal refers to a change in stance or direction by the Financial Conduct Authority, the UK’s financial regulatory body, regarding a previously established rule or guideline. Such a reversal can significantly alter the operational landscape for financial firms, including those involved with digital assets. It often reflects new assessments of market conditions, technological advancements, or evolving governmental priorities. These changes require firms to adapt their strategies and compliance measures.