Financial Guidance and Claims Act 2018 (c. 10)

PART 1 Financial Guidance etc

Standards set by the single financial guidance body

10 Monitoring and enforcement of standards

(1) The single financial guidance body must monitor its own and SFGB delivery partners’ compliance with the standards.

(2) The FCA must, at least once in every three years, carry out a review of—

(a) whether the standards continue to be appropriate, and

(b) how the single financial guidance body is monitoring and enforcing the standards.

(3) As soon as practicable after the FCA has completed its review, it must provide a report on the review to—

(a) the single financial guidance body, and

(b) the Secretary of State.

(4) The report may contain recommendations to the single financial guidance body.