Financial Conduct Authority
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The Digital Regulation Cooperation Forum (DRCF) brings together the major UK regulators tasked with regulating digital services:
- the Competition and Markets Authority (CMA),
- the Financial Conduct Authority (FCA),
- the Information Commissioners Office (ICO), and
- the Office of Communications (Ofcom).
These 4 bodies are working closer than ever before, to bring clear, consistent and co-ordinated regulation to the UKs digital services and economy.
During 2021 to 2022, the DRCF members formed powerful links that are changing how we approach digital regulation at a time when the CMA is examining competition in digital markets, the FCA is tackling financial scams, the ICO is protecting peoples data and Ofcom is preparing for its new role regulating online safety.
This first DRCF annual report explains how we now routinely share knowledge and skills, pool resources and work together in identifying important industry trends and innovations.