The Risk Outlook sets out the FCA’s approach to assessing risks to its objectives and the Business Plan displays the activities that the FCA intends to carry out in 2014/15. The Business Plan covers, amongst other things, the FCA’s aims in enhancing market integrity, building competitive markets and regulating consumer credit. As part of the Business Plan, the FCA has announced plans to investigate how firms can reduce and deal with the risk of benchmark manipulation. The FCA has said that it will assess whether firms have “learnt lessons” from the Libor and forex scandals, and assess if adequate controls on trader behaviour have been put in place to prevent future manipulation.