How we advise the FCA
The Panel meets formally twice a month to review policy developments, question FCA staff on their policy developments and develop opinions on proposals for change in the regulation of financial services.
In the intervening period, members continue working on areas of specific interest and representing the Consumer Panel at appropriate events.
A monthly report of the Panel's work and concerns is provided for the FCA Board. The Panel publishes responses to consultations and research on its website. It also issues press releases and makes public statements where it feels it can make a useful contribution to public debate about financial services. The Panel also commissions its own independent research as appropriate.
A summary of our work and opinions is provided in our annual report which is usually published in June or July.
There is ongoing liaison with members of the financial services industry, government bodies, other consumer bodies and other relevant organisations.