Cost Benefit Analysis Panel

The Cost Benefit Analysis Panel will be a new independent panel of experts established by the Financial Services and Markets Act 2023 (FSMA) to provide advice to the FCA in relation to cost-benefit analysis (CBA).
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Background

The FCA has legal obligations under FSMA 2000 to undertake and publish a CBA when consulting on a proposal to make or amend rules.

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Priorities

The Panel will be expected to report periodically on the FCA’s CBA performance and provide recommendations for continuous improvement.

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Panel members

As a newly established Panel and subject to recruitment, we expect the Panel to be operational in Q2/3 2024.

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