The FCA has recently published its latest figures for attestations for Q3 2015/2016. Attestations are used by the FCA as a supervisory tool to ensure clear accountability and a focus from senior management on specific issues where it would like to see change within regulated firms. The FCA uses attestations most in:
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In the last quarter, the FCA requested ten attestations across retail banking, wholesale banking and general insurance and protection. Three of these ten attestations were requested within the retail banking sector.